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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Spain's Mediapro sees sector mergers 'very shortly' AFP - Thursday, May 14 MADRID (AFP) - - The chairman of Spanish media firm Mediapro, the main shareholder of television channel La Sexta, said on Wednesday that he expected mergers of broadcasters will take place "very shortly". ADVERTISEMENT Mediapro chairman Jaume Roures said that "we will very shortly see changes in the audiovisual sector" in an interview with business daily Expansion, adding "those who move first will determine the remaining couples." In February, the Spanish government passed a law which removed a 5.0-percent limit on cross shareholdings in TV broadcasters in a move intended to ease sector mergers at a time when broadcasters are struggling with falling advertising revenues owing to the economic downturn. The legal change has opened a flurry of speculation over possible mergers amongst the four private free-to-air television channels -- Antena 3, Cuatro, Telecinco and La Sexta -- which operate alongside two public TV stations. Roures said that there were five possible combinations: Telecinco with Cuatro or La Sexta; Antena 3 with Cuatro or La Sexta or Cuatro with La Sexta. Antena 3 is controlled by Spanish publisher Planeta and its Italian peer De Agostini; Cuatro is owned by Spanish media giant Prisa; Telecinco is controlled by Italian Prime Minister Silvio Berlusconi's Mediaset. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Technology Brazil puts dictatorship files on the webAFP - Thursday, May 14 Web 'prime tool' for hate groups: Wiesenthal CenterAFP - Thursday, May 14 EU fines Intel record billion euros in new battleAFP - Thursday, May 14 French bill to combat Internet piracy clears final hurdleAFP - Thursday, May 14 SKorea to spend $3.4 bln on green IT: officialsAFP - Thursday, May 14

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