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Squirrel Media SA ( (ES:SQRL) ) has issued an announcement.
Squirrel Media S.A. has secured the renewal of its Digital Terrestrial Television (DTT) license for Net TV until 2040, marking a strategic milestone that ensures operational continuity and strengthens its competitive position in the Spanish audiovisual market. This renewal supports Squirrel Group’s long-term growth strategy, reinforcing its commitment to a diverse and innovative television offering, and lays the groundwork for future investments and strategic alliances, positioning Net TV as a key player in the evolving entertainment landscape.
More about Squirrel Media SA
Squirrel Media S.A. operates in the entertainment industry, focusing on audiovisual content through its subsidiary Net TV. It is the third largest private television operator in Spain, offering two national free-to-air channels, Squirrel and Paramount. The company has shown significant growth since 2022, emphasizing strategic management and the importance of its audiovisual assets.
YTD Price Performance: 81.45%
Average Trading Volume: 50,269
Technical Sentiment Signal: Buy
Current Market Cap: €204M
Learn more about SQRL stock on TipRanks’ Stock Analysis page.