Jesús de Polanco

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Jesús Polanco Gutiérrez in 2006

Jesús Polanco Gutiérrez, also known as Jesús de Polanco (November 7, 1929 – July 21, 2007), was a businessman from Spain who built one of the largest media empires in the world.[1] In 2005, he was ranked 3rd richest person in Spain and at number 210 in Forbes World's Richest People list, and was number 258 in 2006.[2]

Media holdings

Born in

Canal+), which has a monopoly[citation needed] on Spain's digital TV and a number of radio channels and local televisions. Prisa also had important interests in editing books and owned Grupo Santillana, Ediciones El País, El País Aguilar, Alfaguara, Altea, Tiendas Crisol, I.B. Tauris
and Richmon Publishing. His nickname became 'Jesús del Gran Poder' for his role behind the political scene.

Polanco's media interests were known for being progressive or left-wing. More conservative and clerical rivals in the media, such as the newspapers

.

In 2005 Prisa asked the Spanish Government for a license to transform the pay TV channel

Cuatro (TV)
channel started broadcasting in November 2005. Subsequently, opposition was expressed about the lack of dialogue on this subject.

In 2007, responding to the accusations of his media being biased, Polanco said that it was difficult to be impartial when there is a party which would do anything to go back into power. The Spanish People's Party reacted by promoting a boycott of all Polanco's media channels and shareholders. This initiative was criticised by all European democratic parties.

On July 21, 2007 Polanco died at the age of 77 in Madrid.

References

  1. ^ "Stars of Europe: Jesus de Polanco". BusinessWeek. 2003. Archived from the original on July 6, 2003. Retrieved July 7, 2003.
  2. ^ Kroll, Luisa; Fass, Allison, eds. (2006). "The World's Billionaires - #258 Jesus de Polanco". Forbes. Archived from the original on May 9, 2006. Retrieved February 13, 2006.

External links