Madrid hosts exhibitions, shows, film screenings, conferences and workshops; its radio programming and magazine "Minerva" play an important part in the country's cultural life. Matadero Madrid, literally "Madrid Abattoir", is a complex situated by the river Manzanares whose buildings are an architectural ensemble devoted to performance arts, managed and programmed by the Teatro Español (Madrid). Matadero is a flexible area that allows the autonomous operation of three interconnected spaces: a theatre café, which accommodates small-scale shows; a large stage, for all sorts of genres and more experimental options; and a third building for dressing rooms and areas for training, debate, analysis
Ciudad Deportiva, Madrid against. The agreement between Real Madrid and the local government stipulated that in exchange for re-zoning the land Real Madrid would cede a portion of the land to the Government. Then, in public project bids, both Real Madrid and the Government sold their portions to four corporations, Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and Obrascón Huarte Lain (OHL), for which Real Madrid earned an estimated 480 million euros. These four corporations are, as of August 2006, constructing four skyscrapers on the site which will become their headquarters as part of the Cuatro Torres Business Area. The government also