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Vocento closes his sports medium Relevo after losing almost 100 million euros

Summary by El Pais
Vocento has finally decided to close down his sports medium Relevo, a project that came to light in 2022, less than three years ago. The company has announced this morning to its staff, composed of about 75 workers, the decision to close, indicate sources of the situation. In an internal communiqué, Vocento announces that next week negotiations will begin with the workers.The firm notes that attempts were made to explore alternatives of sale and…

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Vocento has finally decided to close down his sports medium Relevo, a project that came to light in 2022, less than three years ago. The company has announced this morning to its staff, composed of about 75 workers, the decision to close, indicate sources of the situation. In an internal communiqué, Vocento announces that next week negotiations will begin with the workers.The firm notes that attempts were made to explore alternatives of sale and…

·Spain
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Vocento announced this Wednesday the closure of Relevo, its digital sports publication and one of the most ambitious ventures in recent years in the newspaper sector. The new management of the ABC publishing group, led by Manuel Mirat, made the decision to reduce costs in the short term. Since the arrival of the Catalan manager, rumors about a possible sale of Relevo have become a constant. One of the potential buyers was Mediaset, which ultimat…

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The company has explained that this fall of the result is due to the impact of "diverse extraordinary deteriorations", which have not had consequences on the group's cashier. Specifically, the firm has suffered the effects of the deterioration of the immobilized assets, related to printing assets, real estate and others. To this is added 22.8 million deterioration of the commercial fund, linked to the Newspaper of Las Provincias and La Verdad, a…

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One of the most ambitious journalistic projects of recent years has closed its doors prematurely. The media 'Relevo' will cease to function in the coming months after the publishing company, Vocento, has decided to stop investing in this digital newspaper specialized in sport. Vocento owns other headlines like ABC. The news has been advanced by El Confidencial Digital. This media claims that the workers had not yet been officially informed and t…

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The Vocento group has announced to Relevo's staff the closing of their digital sports bet that came to light on October 6, 2022 and that less than three years later they put an end to budget adjustments.The news was communicated to media employees at a meeting on Wednesday morning, in which they have also set a period of two months in which they will have to look for new job opportunities.Relevo was launched at the end of 2022 after months gener…

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Vocento has decided to close the sports newspaper Relevo. As this newspaper advanced two weeks ago, it was the main option he had on the table with respect to this heading, which has generated losses in the group during its three years of activity. The staff has been informed of the cessation of activity on the morning of this Wednesday; and representatives of the company have urged them to start a process of collective bargaining next week. Off…

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Confidencial Digital broke the news in on Wednesday, March 26, 2025.
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