Vocento to focus on press operations, Internet until 2010
By Erina Lin, Tuesday 20 November 2007 at 23:04 :: General :: #884 :: rss
Spain’s Vocento SA will focus on its press and Internet businesses in the country, intending to become a leading player in the free press segment until 2010, according to CEO Belarmino Garcia.
The media group is also “open to selective international expansion,” Garcia added in a presentation on the restructuring of the group to the investment community.
In terms of television, Garcia said Vocento will seek the possibility of taking on partners who can complete their offer and provide content.
Vocento's restructured business lines are divided up by the local market, which includes press, Web sites, local television, the national market, including the ABC daily and new markets, such as free newspaper Que.
The company will offer an update on the business plans for each division in January, Garcia told FinanzNachrichten.
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