Half a year after Tatxo Benet left the presidency of Mediapro, the company is entering a new phase after closing the employment regulation file (ERE) agreed with the unions, which resulted in the departure of 189 workers — almost 20% of the affected company’s workforce. The agreement constitutes the first step to recover the financial stability of one of the country’s main audiovisual groups, which also lost the rights to broadcast the Spanish football league on television a year ago, its main asset.
The adjustment, which affects the subsidiary Mediapro SLU — with just over 1,000 employees spread across ten centers in Spain — reduces the initial scope of the file, originally planned for 237 workers. According to the company, the final reduction was possible due to the prior departure of more than twenty executives and the implementation of various cost-saving measures within the group. The agreement includes compensation of 33 days per year worked, equivalent to that of an unfair dismissal. The plan will be applied at the company’s workplaces in Spain — three in Barcelona, four in Madrid, and one each in Bilbao, Mallorca, and Zaragoza — where much of the group’s activity is concentrated.
The file is part of the restructuring promoted by the new management, led by Sergio Oslé as executive president and Carlos Núñez as CEO, following Benet’s departure in October 2025. Just a few months after taking control, the management team communicated to the unions their intention to carry out a workforce adjustment to adapt the company to its new reality.
The group, founded in Barcelona three decades ago by Benet himself and Jaume Roures, has historically based its business on managing sports rights, although in recent years it has intensified its diversification towards audiovisual production and technical services. This change of model has accelerated after the loss of its main contract, the audiovisual production of LaLiga, which was not renewed last year.
In 2024, the last fiscal year with closed data, Grup Mediapro recorded revenues of 1.096 billion euros, 11% less than the previous year, and consolidated net losses of 79 million. Added to this is a debt close to 500 million, one of the company’s main financial challenges, which last year it managed to refinance and postpone until 2029.
With the closure of the ERE, the group considers the first major adjustment of the new phase concluded and now seeks to recover profitability in an audiovisual sector undergoing accelerated transformation.