Telefonica to break into showbiz

Hopewell, John; Paxman, Andrew
May 1999
Variety;05/17/99, Vol. 375 Issue 1, p38
Trade Publication
Informs about the goal of Spanish telephone firm Telefonica to become a major producer-distributor of Spanish-lingo shows. Launch of media subsidiary Telefonica Media International y de Contenidos (TMIC); Aim to invest in or consolidate assets in television distribution; Takeover of Telefonica's stake in Spain's film production house Lolafilms by TMIC.


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