Atresmedia to acquire Clear Channel España under CNMC conditions

Spain’s National Commission on Markets and Competition (CNMC) has approved Atresmedia’s acquisition of Clear Channel España, subject to specific regulatory commitments. To address competition concerns, Atresmedia must market its outdoor advertising services independently from its other media offerings for a maximum of eight years and maintain a structural separation between these activities.

The acquisition integrates outdoor advertising, particularly urban furniture, into Atresmedia’s existing portfolio of television and radio advertising. The CNMC noted that the merger could make Atresmedia the only group with a significant presence across most major advertising media in Spain, including television, radio, press, and outdoor advertising. This concentration posed risks of joint marketing strategies that could disadvantage competitors with more limited media presence.