Vocento, S.A., also known as Grupo Vocento, is a Spanish mass media group. Its flagship daily newspaper is the conservative and monarchist
''ABC'',
also publishing ''
El Correo''. Vocento was created in 2001 upon the merger of Grupo Correo with , the publisher of ''ABC''. The group is also a player in the regional press sector, mainly owing to former properties of Correo (''
El Diario Montañés'', ''
La Verdad'', ''
Hoy'', ''
Ideal'', ''
Sur'', ''La Rioja'', ''
El Norte de Castilla'', ''
El Comercio''). Through
Net TV, the group also owns a
DDT license, which is leased to
Paramount Network
Paramount Network is an American basic cable television channel owned by the MTV Entertainment Group unit of Paramount Media Networks. The network's headquarters are located at the Paramount Pictures studio lot in Los Angeles.
The channel was ...
and
Disney Channel.
History
It has its origins in 1910 with the launch of ''El Pueblo Vasco'', a newspaper founded by the Ybarra family, which merged with El Correo Español in 1938. In the 1940s they obtained shares in El Noticiero Bilbaíno and in 1948 they began its development with the acquisition of most of El Diario Vasco. The expansion outside the Basque Country (Spain) started in 1984 with the acquisition of shares in El Diario Montañés (Santander). In the 1980s the holding company Corporación de Medios de Comunicación Social (Comecosa) was created, which acquired 8 regional leading newspapers (Las Provincias, La Rioja, El Norte de Castilla, etc). In 1988 the newspaper La Verdad (Murcia), Hoy (Badajoz) and Ideal (Granada) were acquired. In 1990 the Diario Sur de Málaga was also incorporated.
Profile
The Group was established in 2001 as a result of the merger of Grupo Correo and Prensa Española.
[ The company has its headquarters in Madrid.][ and television (]Telecinco
Telecinco is a Spanish free-to-air television channel operated by Mediaset España. The channel was previously known as Tele 5, because it had first begun its experimental transmissions on 10 March 1989, and a year later, it was officially laun ...
(13%),[ Fly Music), and in audiovisual production and distribution (''Hospital Central'', ''El Comisario'' and '' Pasapalabra'', among others), as well as the Internet, with more than 19 million unique visitors. In addition, the company has a ]news agency
A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and radio and television broadcasters. A news agency may also be referred to as a wire service, newswir ...
, Colpisa.
Vocento is composed of over 120 companies, some of which are over a hundred years old, and it has a long track record of profitability and management successes. Since 8 November 2006, the Group has been listed on the Spanish stock market, with a market capitalisation of 1,875 million.
Vocento and ''ABC'' opened a new headquarters in Josefa Valcárcel in July 2020.
Holdings
Newspapers
In 2006 the share of the group in the Spanish press market was 25,7%.
References
External links
Official website
{{Authority control
2001 establishments in Spain
Companies listed on the Madrid Stock Exchange
Conglomerate companies of Spain
Companies based in Madrid
Mass media in Madrid
Mass media companies established in 2001
Newspaper companies
Mass media companies of Spain