Medialivre

Medialivre is a Portuguese media conglomerate headquartered in Porto. The company was established in 1995 and was formerly known as Cofina Media. Its portfolio spans general-interest newspapers, business journalism, sports publishing, magazines, online people-focused media, television and radio. The group’s publishing assets include Correio da Manhã, Record, Jornal de Negócios and Destak, giving it exposure to mass-market news, sports and financial coverage. Its magazine portfolio includes Sábado and TV Guia, while Flash! and Máxima operate as online people and lifestyle publications. Medialivre also operates television assets. CMTV is a generalist Portuguese television channel associated with the Correio da Manhã brand and is described in the reference material as the country’s fourth-largest generalist channel. The group additionally owns News Now, described as Portugal’s fourth-largest news channel. These television properties extend Medialivre beyond print publishing and position the company as a multi-platform news and entertainment operator. In November 2024, the group expanded into radio with the launch of CM Rádio. A major ownership and identity transition took place in 2023. On 26 October 2023, a group of investors acquired Cofina Media; the investor group included Cristiano Ronaldo through the Portuguese company Expressão Livre. On 14 December 2023, the company formally introduced the Medialivre brand and a new logo. The rebranding was presented as a reflection of values centered on sustainability and people. The change distinguished the group’s new corporate identity from its former Cofina Media name while retaining a broad portfolio of established Portuguese media properties. Medialivre’s business model is therefore built around the combination of recognizable editorial brands, cross-platform distribution and multiple audience segments. Its newspapers and magazines provide print and digital publishing reach, while CMTV, News Now and CM Rádio provide broadcast and audio channels. The available reference material does not specify detailed financial results, employee numbers, revenue breakdowns, current senior management or the company’s precise legal ownership structure beyond the investor group and Expressão Livre connection. It also does not establish operations outside Portugal. On the available evidence, Medialivre is an active Portugal-focused media group whose principal strategic development has been the transition from Cofina Media to a broader, newly branded multi-platform organization.

Medialivre is a Portuguese media group established in 1995 and headquartered in Porto. It operated for much of its corporate history under the name Cofina Media. The company developed a portfolio covering newspapers, magazines, digital publications and broadcast media, creating a diversified presence across Portuguese news, sports, business, entertainment and lifestyle content. Its newspaper portfolio includes Correio da Manhã, Record, Jornal de Negócios and Destak. These titles cover different editorial and audience segments: Correio da Manhã serves the general news market, Record is associated with sports journalism, Jornal de Negócios focuses on business and financial news, and Destak is a free-distribution newspaper brand. The group also publishes the print magazines Sábado and TV Guia. Its online magazine brands include Flash! and Máxima, which broaden the portfolio into celebrity, lifestyle and people-focused content. Broadcasting became another important part of the group’s activities. Medialivre owns CMTV, a generalist television channel connected to the Correio da Manhã media brand. The channel is described in the reference material as the fourth-largest generalist channel in Portugal. The group also owns News Now, identified as the fourth-largest news channel in the country. These channels complement the group’s publishing operations by allowing its news and entertainment activities to reach audiences through television as well as print and digital formats. The company underwent a significant ownership transition in 2023. On 26 October, a group of investors acquired Cofina Media. Cristiano Ronaldo was among the investors, participating through the Portuguese company Expressão Livre. The acquisition was followed by a corporate identity change. On 14 December 2023, the Medialivre brand was officially launched with a new logo. The rebranding was intended to communicate a company organized around sustainability and a people-focused outlook, marking the group’s post-acquisition identity. Medialivre subsequently added radio to its stated media activities. CM Rádio launched in November 2024, extending the group’s presence from newspapers, magazines, online publishing and television into audio broadcasting. Together, these assets make Medialivre a cross-platform Portuguese media organization rather than a single-title publisher. The available source material does not identify a founder, current executives, detailed financial performance, a stock-market listing or operations in other countries. It also does not provide a complete account of the group’s corporate structure after the acquisition. On the evidence available, the defining milestones are its establishment in 1995, its development under the Cofina Media identity, the 2023 investor acquisition and rebrand, and the 2024 launch of CM Rádio.

1. 2024CM Rádio launched

   The group entered radio broadcasting with the launch of CM Rádio in November 2024.

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2. 2023Cofina Media acquired by investor group

   On 26 October 2023, an investor group including Cristiano Ronaldo through Expressão Livre acquired Cofina Media.

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3. 2023Medialivre identity introduced

   The Medialivre name and a new logo were officially launched on 14 December 2023.

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4. 1995Company established

   The company that later became Medialivre was established in Portugal.

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A Portugal-focused, multi-platform media group combining mass-market news, sports, business journalism, magazines, television, radio and digital publishing.

• Correio da ManhãNewspaper

  A Portuguese general-interest newspaper published by Medialivre and also associated with the group’s CMTV television brand.

• RecordSports newspaper

  A sports-focused newspaper in Medialivre’s publishing portfolio.

• Jornal de NegóciosBusiness newspaper

  A business and financial news newspaper published by Medialivre.

• DestakNewspaper

  A newspaper title included in Medialivre’s Portuguese publishing portfolio.

• SábadoPrint magazine

  A printed magazine published by Medialivre.

• TV GuiaPrint magazine

  A printed television and entertainment magazine in the group’s magazine portfolio.

• Flash!Online magazine

  An online people-focused magazine operated within Medialivre’s digital publishing portfolio.

• MáximaOnline magazine

  An online people and lifestyle magazine operated by Medialivre.

• CMTVTelevision channel

  A generalist Portuguese television channel owned by Medialivre and associated with the Correio da Manhã brand. The reference material describes it as Portugal’s fourth-largest generalist channel.

• News NowNews television channel

  A news television channel owned by Medialivre and described in the reference material as Portugal’s fourth-largest news channel.

• CM RádioRadio station2024

  A radio service launched by Medialivre in November 2024, extending the group’s portfolio into audio broadcasting.

• 2024Launch of CM RádioProduct launch

  Medialivre’s activities had previously included print, digital publishing and television.

  What changed. The group launched CM Rádio in November 2024.

  Aftermath. The launch expanded Medialivre’s platform mix into radio broadcasting.

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• 2023Acquisition of Cofina MediaM&A

  A group of investors acquired Cofina Media on 26 October 2023. Cristiano Ronaldo participated through the Portuguese company Expressão Livre.

  What changed. The investor group took ownership of the media company that subsequently adopted the Medialivre identity.

  Aftermath. The acquisition was followed by the formal launch of the Medialivre brand and a new corporate logo in December 2023.

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• 2023Rebrand from Cofina Media to MedialivreStrategy

  Following the 2023 ownership change, the company adopted a new corporate identity.

  What changed. Medialivre was officially launched on 14 December 2023 with a new logo and stated values focused on sustainability and people.

  Aftermath. The rebrand established Medialivre as the group’s post-acquisition identity while its existing newspaper, magazine and broadcast portfolio continued.

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• 2024CM Rádio launched

  Medialivre expanded its media portfolio into radio with the launch of CM Rádio in November 2024.

  Product launch
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• 2023Investor group acquired Cofina Media

  On 26 October 2023, a group of investors acquired Cofina Media. The group included Cristiano Ronaldo through the Portuguese company Expressão Livre.

  M&A
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• 2023Medialivre brand launched

  On 14 December 2023, the company officially introduced the Medialivre name and a new logo, presenting the rebrand as an expression of sustainability and a people-focused corporate identity.

  Other
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1. Medialivre