variety.com
87%
856
Vivendi Acquires Stake in Spanish-Language Publishing Group Prisa
Elsa Keslassy International CorrespondentVivendi, the parent company of Canal Plus and Universal Music Group, has acquired a 7.6% stake in Prisa, one of the Spanish-speaking world’s largest media groups, which owns El Pais newspaper, among other assets.The deal is part of “Vivendi’s ongoing strategy to become a global leader in content, media and communications, while extending its access to the Spanish-speaking markets in Europe, Latin America and U.S Hispanics,” said Vivendi in a statement.