section_path: Economy/Media and entertainment
section_name: Media and entertainment
paragraph_text: Media and entertainment
  
  The Madrid metropolitan area is an important film and television production hub, whose content is distributed throughout the Spanish-speaking world and abroad. It is often seen as the entry point into the European media market for Latin American media companies, and likewise the entry point into the Latin American markets for European companies. It is also the headquarters of media groups such as Radiotelevisión Española (RTVE), Atresmedia, Mediaset España, and Movistar+, which produce numerous films, television shows and series which are distributed globally on various platforms. Since 2018, it is also home to Netflix 's Madrid Production Hub, Mediapro Studio, and numerous others such as Viacom International Studios. As of 2019, the film and television industry employs 19,000 people locally (44% of people in Spain working in this industry).
  
  The Torrespaña broadcasting tower, located in Madrid's Salamanca district, is the central and main transmission node of the terrestrial broadcasting network in Spain. RTVE, the state-owned radio and television public broadcaster is headquartered in Pozuelo de Alarcón along with all its channels and web services (La 1, La 2, Clan, Teledeporte, 24 Horas, TVE Internacional, Radio Nacional, Radio Exterior, and Radio Clásica). Atresmedia group (Antena 3, La Sexta, Onda Cero) is headquartered in San Sebastián de los Reyes. Mediaset España (Telecinco, Cuatro) maintains its headquarters in Madrid's Fuencarral-El Pardo district. Together with RTVE, Atresmedia and Mediaset account for nearly the 80% of share of generalist television. The Spanish media conglomerate PRISA (Cadena SER, Los 40 Principales, M80 Radio, Cadena Dial) is headquartered in Gran Vía street in central Madrid.
  
  Besides hosting the main television and radio producers and broadcasters, the metropolitan area hosts most of the major written mass media in Spain, including ABC, El País, El Mundo, La Razón, Marca, ¡Hola!, Diario AS, El Confidencial and Cinco Días. The Spanish international news agency EFE maintains its headquarters in Madrid since its inception in 1939. The second news agency of Spain is the privately owned Europa Press, founded and headquartered in Madrid since 1953.