HW`eoh[dkdY_WWjecWh c[Z_ZWiWdj[bWikX_ZWZ[ bWbkpoYed\W[dgk[bbk[lW /04&1-"/5&"3&'03."4FOFMTJTUFNBUBSJGBSJPOJCBKBSMBQBSUFGJKBEFMBGBDUVSB )0:#"+"3¦/-0413&$*04EFNPEPCSVTDPTFHÜOBEFMBOUÖMBTVCBTUBEFBZFS BARCELONA DIVENDRES, 27 DE GENER DEL 2017. AÑO XVIII, Nº 1¦(*/" www.20minutos.es -BTBNFOB[BTEF 5SVNQEJTQBSBO MBUFOTJÖOFOUSF &&66Z.ÍYJDP (+"-- &MQSFTJEFOUFFTUBEPVOJEFOTFBWJTÖB1FÕB/JFUPEFRVFOP TFSFVOJSÑBDPOÍMMBQSÖYJNBTFNBOBTJOPBDFQUBQBHBS FMNVSPGSPOUFSJ[PZFMNFYJDBOPDBODFMÖMBDJUB"IPSB 5SVNQQMBOFBHSBWBSMBTJNQPSUBDJPOFTEFMQBÑTWFDJOP 1¦(*/" #BSDFMPOB DPOTUSVJSÆ QJTPTTPDJBMFT FOBÕPT 1¦(*/" 1¦(*/" ;BF7HE87@7" F;HE;B;CFB;E I;:;J;H?EH7 &MOÜNFSPEFQBSBEPTCBKÖFONÆTEFNFEJPNJMMÖOFOZMBUBTBEFQBSP BDBCÖFOTVNFKPSSFHJTUSPEFTEFQFSPPUSPTEBUPTEFMB&1"TPOBMBS NBOUFTCBKÖFMFNQMFPFOFMÜMUJNPUSJNFTUSFDBZÖUBNCJÍOMBQPCMBDJÖOBDUJWB ZMBUBTBEFUFNQPSBMJEBEMMFWBDVBUSPBÕPTTVCJFOEPZZBFTUÆFOSÍDPSE1¦(*/" ;B87Hw7DE<7BB7 OI;BB7IKF7I; 7I;C?<?D7B;I "-&+"/%30("3$±"&'& 5BTBEFQBSP -PTB[VMHSBOBRVFTJFNQSFGVFSPOQPSEFMBOUFFO FMNBSDBEPSWPMWJFSPOBEFSSPUBSBMB3FBM4PDJFEBE DPOHPMFTEF%FOJT 4VÆSF[.FTTJZ"SEB 1¦(*/" k <E=ED7PEI =;H7H:EJ;9x -BWJSHFOEFMBDVFWB6OQSFTJEFOUF EFCFDVNQMJSEPTSFRVJTJUPTCÆTJDPT FTUBSBMEÑBZEBSTPMVDJPOFT&OFTUBSBM EÑB3BKPZDPKFBOPTJHVFFMKVJDJPEFM NBZPSDBTPEFDPSSVQDJÖOFO&TQBÕB 5JFOFNVDIPMÑP&OMBTTPMVDJPOFTMB DPTBNFKPSBOPUBCMFNFOUFZ3BKPZTBCF DÖNPDPOUSBSSFTUBSMBTVCJEBFMÍDUSJDB FTQFSBSBRVFMMVFWB{:TJMPTBDBNPTFO QSPDFTJÖO ● 5BTBEFUFNQPSBMJEBE :H;M87HHOCEH;0¬C;9EC;HË7797J;8B7D9>;JJ%FÈ=$/ %BUPTEFDBEBBÒPQBSBFMUSJNFTUSF'VFOUF&1" -BHSJQFDPOUJOÜB FYUFOEJÍOEPTFZ ZBFTFQJEÍNJDBFO UPEBMB1FOÑOTVMB (,"+ %JWFOESFTEFHFOFSEFM20MINUTOS 2 "/¦-*4*4 -"$-"7& -BSFDVQFSBDJÓOEFMNFSDBEPMBCPSBMTFEFTBDFMFSÓFOFMÙMUJNPBÒP Tasa de paro Variación de la cifra de desempleados Variación de la cifra de ocupados $SFDJNJFOUP TJOFNQMFP EFDBMJEBE +PTÍ.PJTÍT.BSUÑO 'VFOUF&ODVFTUBEF1PCMBDJÓO"DUJWB*/& %BUPTEFMUSJNFTUSFEFDBEBBÒP BWYWZWZ[bWeYkfWY_dW \_dWb[iZ[(&',b[W\[WW HW`eo[bXk[dZWjeZ[fWhe 1"30"-"#"+"&M %&4"$&-&3"$*¶/j-B TFDFSSÖDPOMBNFOPS DJGSBEFQBSBEPTEFTEF TFHÜOFM*/& '-0+0'*/"-&TQBÕB EFTUSVZÖFNQMFPFOFM DVBSUPUSJNFTUSFMB ÜMUJNB&1"IBSFTUBEP DBTJPDVQBEPT SBMFOUJ[BDJÖOEFMB PDVQBDJÖOMMFHBBOUFT EFMPFTQFSBEPxEJDFMB QBUSPOBM"TFNQMFP 5&.103"-*%"%&M EFMPTFNQMFBEPTFSBO UFNQPSBMFTBMDJFSSFEF VOBDJGSBSÍDPSE HÉCTOR M. GARRIDO IHBSSJEP!NJOVUPTFT!IFDUPSNHBSSJEP &MOÜNFSPEFQBSBEPTFO&TQB ÕBDBZÖFMBÕPQBTBEPIBTUBMBT QFSTPOBTEFTQVÍTEF RVFFOMPTEPDFÜMUJNPTNFTFT TFSFEVKFTFFOTFHÜOMB &ODVFTUBEF1PCMBDJÖO"DUJWB &1" QVCMJDBEBBZFSQPSFM*/& -BUBTBEFEFTFNQMFPTFEFTQMP NBBTÑBMVOBSFCBKBEF NÆTEFEPTQVOUPTSFTQFDUPBM DJFSSFEF &TFMDVBSUPBÕPDPOTFDVUJWP EFEFTDFOTPTFOMBDJGSBEFEF TFNQMFBEPT:RVFEBOZBDPNP VONBMSFDVFSEPMFKBOPBRVFMMPT TFJTNJMMPOFTEFQBSBEPTRVFTF MMFHBSPOBDPOUBCJMJ[BSFO -BDJGSBDPOPDJEBBZFSFTMBNÆT QFRVFÕBEFTEFBTÑRVF MBNJOJTUSBEF&NQMFP'ÆUJNB #ÆÕF[BQSPWFDIÖQBSBQSFTV NJSEFjMBNBZPSCBKBEBEFTEF FMJOJDJPEFMBSFDVQFSBDJÖOx: MPFTQFSPTPMPEFMPTDVBSUPT USJNFTUSFT&OFMDPOKVOUPEFM BÕPTJOFNCBSHPFMSFDPSUFTF IBEFTBDFMFSBEP&MNPSEJTDPBM EFTFNQMFPFOFMÜMUJNPUSJNFT USFGVFEFMQFSPFOFMNJT NPQFSJPEPEFGVFBÜONB ZPSFMQBSBVOBDBÑEBEF EFTFNQMFBEPT -BPDVQBDJÖOUBNCJÍOTJHVJÖ MBUFOEFODJBDSFDJFOUFEFMPTÜM UJNPTBÕPTQFSTP OBTBDBCBSPOFMBÕPDPOVOFN QMFPNÆTRVFBMDJFSSF EF1FSPJHVBMRVFTVDFEF DPOFMQBSPUBNCJÍOMBPDVQB DJÖOTFIBBUFNQFSBEPSFTQFD UPBMFKFSDJDJPBOUFSJPSDVBOEP TFFMFWÖBÜONÆT MB DJGSBEFQFSTPOBTDPOFNQMFP j-BSBMFOUJ[BDJÖOEFMBPDVQB DJÖOMMFHBBOUFTEFMPFTQFSBEPx BEWJFSUFMBQBUSPOBMEFBHFODJBT UFNQPSBMFT"TFNQMFP:FTRVF FOFMÜMUJNPUSJNFTUSFEFBÕPOP TPMPOPTFJODSFNFOUÖMBPDVQB DJÖOFOFMQBÑTTJOPRVFEFIF -"&1"%& '&$-&& DPOUSBUBEPTBUJFNQP QBSDJBMNFOPTRVFFO MPTEFKPSOBEBDPN QMFUBDSFDFOFO '")/ NJMMPOFTEFIPHBSFTUJF OFOBUPEPTTVTNJFN CSPTFOQBSPVO NFOPTRVFFO '*$,&& FNQMFBEPTQÙCMJDPTNF OPTFMBÒPQBTBEPQPS USBCBKBEPSFT NÃTFOFMTFDUPSQSJWBEP +, EFMPTEFTFNQMFBEPTMMF WBONÃTEFVOBÒPCVT DBOEPUSBCBKPTJOÊYJUP #&"+- -BPDVQBDJÓOCBKÓFO&Y USFNBEVSBMBÙOJDBSF HJÓORVFQFSEJÓFNQMFP DIPTFSFEVKP"QFTBSEFMDP NJFO[PEFMBDBNQBÕBEF/BWJ EBEFMOÜNFSPEFFNQMFBEPT TFSFDPSUÖFOQFSTPOBTFO MPTÜMUJNPTUSFTNFTFTEFBÕP {:QPSRVÍMBCBKBEBEFMQBSP FTNÆTBNQMJBRVFFMBM[BEFMB PDVQBDJÖO -BSFTQVFTUBFTUÆFO MBQPCMBDJÖOBDUJWBEFMQBÑTRVF NFOHVÖFOQFSTPOBT FMÜMUJNPBÕP&TEFDJSOPUPEBT MBTQFSTPOBTRVFEFKBSPOBUSÆT FMQBSPMPIJDJFSPOQPSIBMMBS FNQMFPTJOPRVFNVDIPTEFKB SPOEFTFSABDUJWPTCJFOQPSKV CJMBSTFQPSIBCFSTFJEPEFMQB ÑTPQPSEFTJTUJSFOCVTDBSFN QMFP%FIFDIPFMOÜNFSPEF BDUJWPT<MBTVNBEFPDVQBEPT ZEFTFNQMFBEPTRVFEFTFBOUSB CBKBS>FTEFQFSTPOBT ZMBUBTBEFBDUJWJEBEEFM $BUBMVOZBMJEFSB MBDSFBDJÖOEF FNQMFPFO ●●● &O$BUBMVOZBFMOÜNF SPEFEFTPDVQBEPTCBKÖFO QFSTPOBTFMBÕPQB TBEPZMBDJGSBEFQBSPTFTJ UVÖFOFM4FUSBUBEF MBSFEVDDJÖONÆTJNQPSUBO UFEFMQBSPFO$BUBMVOZBEFT EFFMBÕPDVBOEPFN QF[ÖMBTFSJFEFMB&1"&O DVBOUPBPDVQBDJÖOFO BVNFOUÖFOQFSTP OBT FMJODSFNFOUP NÆTHSBOEFEFTEF -"3$04'&33¦/%&; &DPOPNJTUB MBTNFOPSFTDJGSBTFOBÕPT j-BQÍSEJEBEFQPCMBDJÖOBDUJ WBFTUÆNFKPSBOEPMBFTUBEÑTUJ DBxBQVOUBFMTJOEJDBUP$$00 &MCBKÖOEFMBPDVQBDJÖOEV SBOUFFMÜMUJNPUSJNFTUSFTFIB QBEFDJEPNÆTFOFMTFDUPSQÜCMJ DPPDVQBEPT RVFFO FMQSJWBEP :FTQFDJBM NFOUFTFEFTUSVZÖFNQMFPFOFM TFDUPSEFMBIPTUFMFSÑB PDVQBEPTNFOPT TFSWJDJPTTB OJUBSJPTZTPDJBMFT ZDP NFSDJPNJOPSJTUB 1P ESÑBQFOTBSTFRVFFMGJOEFMB DBNQBÕBUVSÑTUJDBBGFDUÖBMFN QMFPQFSPMPDJFSUPFTRVFMBPDV QBDJÖOTÑDSFDJÖFOMPTDVBSUPT USJNFTUSFTEFZ j'BMUBNVDIPQPSIBDFSDJO DPBÕPTEFDSJTJTOPTFSFTVFMWFO FOVODVBSUPEFIPSBxEFGFOEJÖ BZFS.BSJBOP3BKPZ&MQSFTJ EFOUFEFM(PCJFSOPTVHJFSFRVF TVTQPMÑUJDBTjEFCFODPOUJOVBSx QBSBRVFBMSJUNPBDUVBMNFEJP NJMMÖOEFFNQMFPTDBEBBÕP TF MMFHVFBMPTjNJMMPOFTEFPDV QBEPTQBSBxRVFTV&KFDV UJWPTFNBSDBDPNPPCKFUJWP -BGPUPHSBGÑBBDUVBMEFMFN QMFPBTBMBSJBEPFTFOUPEPDBTP CBTUBOUFNÆTQSFDBSJBEFMBRVF FODPOUSÖ3BKPZBOUFTEFBQMJDBS TVSFGPSNBMBCPSBMFMOÜNFSP EFDPOUSBUBEPTEFGPSNBJOEF GJOJEBTFIBSFEVDJEPFO QFSTPOBTEFTEFGJOBMFTEF DVBOEPBSSBODÖTVQSJNFSBMF HJTMBUVSBFODBNCJPMPTUFNQP SBMFTTPONÆT j-PTEBUPTOPTEBOMBSB[ÖOMB SFDVQFSBDJÖOTFBTJFOUBFOVOB HFOFSBMJ[BDJÖOEFMBQSFDBSJF EBExEJDF.$BSNFO#BSSF SBTFDSFUBSJBEF&NQMFPEF 6(5RVFMBNFOUBMBUFNQPSB MJEBEjFORVJTUBEBx&O BEFNÆTMPTBTBMBSJBEPTDPO DPOUSBUPGJKPDSFDJFSPONFOPT RVFMPTUFNQPSBMFT ZMBUBTBEFUFNQP SBMJEBEBWBO[ÖDBTJVOQVOUP IBTUBFMj4FHVJNPTFO DBEFOBEPTBVONPEFMPQSP EVDUJWPEFTFSWJDJPTEFCBKPWB MPSBÕBEJEPZFTPOPTDPOEFOB BMBQSFDBSJFEBEDPOUSBDUVBMZ TBMBSJBMx[BOKBOFO$$00● ; OTVDPOKVOUPFM BÕPIBTJEP VOCVFOBÕPQBSB FMFNQMFPTFIBO HFOFSBEP OVFWPTQVFTUPTEF USBCBKPMPDVBMFT TJFNQSFVOBCVFOB OPUJDJB.FEJEPFO UÍSNJOPTEFQBSBEPTMBT DJGSBTTPOBÜONFKPSFT MBUBTBEFEFTFNQMFP CBKBEFMVOBDJGSB RVFOPWFÑBNPTEFTEFFM BÕP)BTUBBRVÑMBT CVFOBTOPUJDJBT 1FTFBMDSFDJNJFOUP FDPOÖNJDPRVFIB NBOUFOJEPEVSBOUF VOBUBTBNVZTJNJMBSBMB EFZNVZTVQFSJPSB MBEFFMDSFDJNJFOUP EFMFNQMFPFOIB TJEPNFOPSRVFFOMPT BÕPTBOUFSJPSFT&TEFDJS RVFOVFTUSPDSFDJNJFOUP FDPOÖNJDPOPFTUÆ USBEVDJÍOEPTFFO DSFBDJÖOEFQVFTUPTEF USBCBKPBMNJTNPSJUNP )BCMFNPTBIPSBEFMB DBMJEBEEFMNJTNPFM FNQMFPBTBMBSJBEP JOEFGJOJEPIBDSFDJEP EVSBOUFFO QFSTPOBTQPSEFCBKPEFM FNQMFPUFNQPSBMRVFTF IBJODSFNFOUBEPIBTUB MPTQVFTUPTEF USBCBKP-PTUSBCBKBEPSFT BUJFNQPQBSDJBMTF NBOUJFOFOQSÆDUJDBNFO UFFOMPTNJTNPTOJWFMFT RVFFOMPTÜMUJNPT USJNFTUSFTEFZ FTUPFTNÆTEF NÆTRVFBMJOJDJPEFMB DSJTJT-BUBTBEF BDUJWJEBETFIBSFEVDJEP BMFKÆOEPOPTEFFTUB NBOFSBEFMPTPCKFUJWPT EFBMDBO[BSVOBUBTBEF BDUJWJEBEEFMFO {2VÍQBTBSÆFO QBSBDVBOEPMBQSFWJTJÖO EFDSFDJNJFOUPFTEFVO GSFOUFBMEF 4JFMDSFDJNJFOUPTF SBMFOUJ[BZOPBEPQUBNPT NFEJEBTTFDSFBSÆ NFOPTFNQMFPZEF NFOPTDBMJEBE5PNF NPTOPUB● 20MINUTOS%JWFOESFTEFHFOFSEFM3 %JWFOESFTEFHFOFSEFM20MINUTOS 4 140&BQVFTUB QPSBUBDBS FMjQPQVMJTNP EFTUSVDUJWPx -BHFTUPSBEFM140&BQSPCÖ BZFSMBTCBTFTQPMÑUJDBTEFMB QPOFODJBRVFMMFWBSÆBTV $POHSFTPZEFKVOJP FO FMRVFSFEFGJOJSÆTVQSPZFDUP QPMÑUJDPQBSBIBDFSGSFOUFB VOBjEPCMFBNFOB[BxMBEFM jJONPWJMJTNPxEFM11ZMBEFM jQPQVMJTNPEFTUSVDUJWPxRVF BTVKVJDJPFODBSOB1PEFNPT &M140&UBMZDPNPBWBO[Ö NJOVUPTBTQJSBBTFSjMBBM UFSOBUJWBxBOUFBNCPTNPEF MPTZBSFDVQFSBSMBjDFOUSBMJ EBExRVFBTVKVJDJPOFDFTJ UBMB&TQBÕBEFIPZ $POVOUPOPNÆTEVSPEFM IBCJUVBMFOTVEPDVNFOUP oEPOEFOPTFNFODJPOBFYQMÑ DJUBNFOUFBMQBSUJEPEF1B CMP*HMFTJBTBVORVFTÑBM11oFM 140&SFDBMDBRVFTVPCKFUJWP FTBTFOUBSTVQSPZFDUPFOMB DPOTUSVDDJÖOEFjVOBTPDJF EBEKVTUBFOFMFOUPSOPEFVOB EFNPDSBDJBGVFSUFx&TUBFY QMJDÖEFTQVÍTFOVOBSVFEBEF QSFOTBFMQPSUBWP[EFMBHFTUP SBFTMBNBOFSBEFjBMFKBSMB BNFOB[BxUBOUPEFMjJONPWJ MJTNPxDPNPEFMjQPQVMJTNP EFTUSVDUJWPxRVFjDVFTUJPOBx MBEFNPDSBDJB &MUFYUPQMBOUFBUBNCJÍOMB SFWJTJÖOEFMQSPDFTPEFEFNP DSBDJBJOUFSOBQBSBFWJUBSMP RVFMMBNBFMjDIPRVFEFMFHJ UJNJEBEFTx● R. A. .ÆTQSPUFTUBTFOMBDPOWFODJÖOJOWFSOBMSFQVCMJDBOBFO'JMBEFMGJB -PTMFHJTMBEPSFTSFQVCMJDBOPToDPOHSFTJTUBTZTFOBEPSFToTFSFVOJFSPOBZFSFOMBDJVEBEEF'JMBEFM GJB1FOTJMWBOJB FOMBDPOWFODJÖORVFSFBMJ[BOUPEPTMPTJOWJFSOPT.JFOUSBTBMBQVFSUBEFTVIPUFM DJVEBEBOPTJOEJHOBEPTWPMWÑBOBDPODFOUSBSTFDPOUSBMBTQPMÑUJDBTEFMNBHOBUF'05053"$*&7"/"6,&/&'& ;IJ7BB7B7J;DI?ÏD FEH;BCKHE;DJH; BEI;;KKOCxN?9E 1FÕB/JFUPDBODFMBTV WJTJUBBMB$BTB#MBODB EFTQVÍTEFRVF5SVNQ MFBOJNBSBBIBDFSMPTJ OPFTUÆEJTQVFTUPB QBHBSTVDPOTUSVDDJÖO R. A. BDUVBMJEBE!NJOVUPTFT!N IPSBTFOMB$BTB#MBODBP MPRVFFTMPNJTNPTFJTEÑBTMF IBOCBTUBEPBMQSFTJEFOUFEF&& 66%POBME5SVNQQBSBQSPWP DBSFMQSJNFSJODJEFOUFEJQMPNÆ UJDPEFTVNBOEBUPOBEBNFOPT RVFDPOTVWFDJOP.ÍYJDPFO VOBFTDBMBEBEFIPTUJMJEBECJMB UFSBMTJOQSFDFEFOUFTFOMPTÜMUJ NPTBÕPT 5BOTPMPIPSBTEFTQVÍTEF RVFFMQPMÍNJDPNBHOBUFJONP CJMJBSJPGJSNBSBMBPSEFOFKFDVUJ WBQBSBDPOTUSVJSFMBOVODJBEP NVSPFOMBGSPOUFSBFOUSFBNCPT QBÑTFTTVIPNÖMPHPNFYJDB OP&OSJRVF1FÕB/JFUPTVTQFO EÑBBZFSMBWJTJUBRVFUFOÑBQSF WJTUPSFBMJ[BSBMB$BTB#MBODB FMQSÖYJNPNBSUFT -BSFBDDJÖOEF1FÕB/JFUPTF DPOPDJÖQPDPEFTQVÍTEFRVF 5SVNQBNFOB[BSBDPODBODFMBS MBSFVOJÖOTJ.ÍYJDPOPBDFQUB QBHBSMBQPMÍNJDBWBMMBFOMB GSPOUFSBj4J.ÍYJDPOPFTUÆEJT QVFTUPBQBHBSFMUBOOFDFTBSJP 1MBOUFFO FM.JOJTUFSJP EF&YUFSJPSFT ●●● $VBUSPEJQMPNÆUJDPT FODBSHBEPTEFMBHFTUJÖOEFM %FQBSUBNFOUPEF&TUBEP IBOSFOVODJBEPFTUBTFNB OBBTVDBSHPEÑBTEFTQVÍT EFMBMMFHBEBBMQPEFSEF%P OBME5SVNQ-BEJNJTJÖOEF FTPTBMUPTGVODJPOBSJPTTV NBEBBPUSBTEPTQSPEVDJ EBTMBTFNBOBQBTBEBEFCJ MJUBMBDBSUFSBEF&YUFSJPSFT DPOGJBEBBMFNQSFTBSJP3FY 5JMMFSTPO (&¹¹ EJQVUBEPTUFOESÆOMBPQPS UVOJEBEEFEFCBUJSMPBQBSUJS EFMQSÖYJNPNBSUFT DBEPVOBM[BEFMQPSMB JODFSUJEVNCSFHFOFSBEBFO UPSOPBMBTBMJEBEFM3FJOP 6OJEPEFMB6OJÖO&VSPQFB &M(PCJFSOPCSJUÆOJDP MMFWBFMACSFYJU BM1BSMBNFOUP ZTV1*#WPMWJÖ BDSFDFSFO QFSPNFOPTRVFFO &M(PCJFSOPCSJUÆOJDPQSFTFO UPBZFSFOFM1BSMBNFOUPFM QSPZFDUPEFMFZRVFEFCFBV UPSJ[BSFMDPNJFO[PEFMCSFYJU MBTBMJEBEFMQBÑTEFMB6&&M MMBNBEP1SPZFDUPEFMB6OJÖO &VSPQFBGVFQSFTFOUBEPFOMB $ÆNBSBEFMPT$PNVOFTZMPT FOEPTEÍDJNBTNFOPT RVFFONJFOUSBTRVF BVNFOUÖFMFOFMÜMUJNP USJNFTUSFEFMBÕPQBTBEP EFTQVÍTEFMCSFYJU-BDJGSB USJNFTUSBMFTNBZPSRVFMB FTUJNBEBTFIBCÑBQSPOPTUJ $POFMSFTDBUFEFMPTEPTÜMUJ NPTDBEÆWFSFTDPODMVZFSPO BZFSMBTMBCPSFTEFCÜTRVFEB FOFMIPUFM3JHPQJBOPTFQVM UBEPQPSVOBMVE-BDJGSBGJOBM FTEFGBMMFDJEPTIPN CSFTZNVKFSFT ZIFSJEPT -PTSFDFQUPSFT PMGBUJWPTDMBWFT FOMBQÍSEJEBEF TBCPSEFMUPNBUF .ÆTDFSDBEF DSFBSÖSHBOPT IVNBOPTFO DFSEPTPWBDBT &MUPNBUFVOBIPSUBMJ[BFTFO DJBMEFMBEJFUBNFEJUFSSÆOFBZB OPTBCFDPNPBOUFT1BSBJOUFO UBSBWFSJHVBSBRVÍTFEFCFFTUB QÍSEJEBEFTBCPSVOHSVQPEF DJFOUÑGJDPTEFWBSJPTQBÑTFTIBO BOBMJ[BEPMBTEJTUJOUBTWBSJFEB EFTEFUPNBUFRVFTFDPNFSDJB MJ[BOZIBOMMFHBEPBMBDPODMV TJÖOEFRVFoBEFNÆTEFMPTB[Ü DBSFTZMPTÆDJEPTRVFBDUJWBOMPT SFDFQUPSFTEFMHVTUPoVODPO KVOUPEFjDPNQVFTUPTWPMÆUJMFTx RVFTFFODBSHBOEFBDUJWBSMPTSF DFQUPSFTPMGBUJWPTTPODMBWFTFO FMQSPDFEJNJFOUP:FTjMBDBOUJ EBEZQSPQPSDJÖOSFMBUJWBEFFT UPTDPNQVFTUPTWPMÆUJMFTMPRVF FTFTFODJBMQBSBVOCVFOTBCPSx FYQMJDB"OUPOJP(SBOFMMDPBV UPSEFMFTUVEJP j-BTWBSJFEBEFTDPNFSDJBMFT NPEFSOBTEFMUPNBUFDPOUJFOFO DBOUJEBEFTTJHOJGJDBUJWBNFOUF NFOPSFTEFNVDIPTEFMPTDPN 6OHSVQPEFDJFOUÑGJDPTEFMB 6OJWFSTJEBE$BUÖMJDBEF.VSDJB 6$". IBDPOTFHVJEPJOUF HSBSQPSQSJNFSBWF[DÍMVMBT IVNBOBTFOFNCSJPOFTEFDFS EPZWBDB&TUPTVQPOFFMQSJNFS QBTPIBDJBMBHFOFSBDJÖOEFÖS HBOPTIVNBOPTBQUPTQBSBQP TJCMFTUSBTQMBOUFT &TUFSFUPDPNFO[ÖDPOFMPCKF UJWPEFEFTBSSPMMBSVONÍUPEP GJBCMFDBQB[EFJOUFHSBSDÍMVMBT NBESFIVNBOBTFOVOFNCSJÖO BOJNBMZHFOFSBSEFTQVÍTMBTDÍ MVMBTBQBSUJSEFMBTRVFTFGPS NBOMPTÖSHBOPTFOFMDVFSQP "TÑDPOMPTÜMUJNPTBWBODFT DJFOUÑGJDPTFTQBÕPMFTIBOQPEJ EPDSFBSDÍMVMBTUFKJEPTZÖSHB OPTFOPSHBOJTNPTEFEJGFSFO UFTFTQFDJFTDPNPSBUPOFTDPO QÆODSFBTPKPTZDPSB[ÖOEFSB UBT"EFNÆTIBOMPHSBEPRVF DÍMVMBTIVNBOBTTFJOUFHSFOFO FNCSJPOFTEFDFSEPEVSBOUF FUBQBTUFNQSBOBTEFTVEFTBSSP MMP&OFTUBGBTFBMHVOPTEFMPT FNCSJPOFTNPTUSBSPORVFMBT DÍMVMBTIVNBOBTTFIBCÑBOFT QFDJBMJ[BEPZDPOWFSUJEPFOQSF DVSTPSFTEFEJTUJOUPTUFKJEPT BVORVFMBUBTBEFÍYJUPFODFS EPTZWBDBTGVFNVDIPNFOPS RVFFOFMDBTPEFSBUBZSBUÖO -PTDJFOUÑGJDPTBEWJFSUFORVF MBJOWFTUJHBDJÖOTFFODVFOUSBFO FUBQBTJOJDJBMFTZRVFBÜORVF EBONVDIPTSFUPTRVFBGSPO UBSBOUFTEFEFTBSSPMMBSUFSBQJBT NÍEJDBTCBTBEBTFOFTUBUFDOP MPHÑB4JOFNCBSHPFMQSJNFSQB TPZBFTUÆEBEPj/VFTUSBTPC TFSWBDJPOFTJOEJDBORVFVOPS HBOJTNPEFVOBFTQFDJFQVFEF EFTBSSPMMBSTFZUFOFSVOBWJEB BCTPMVUBNFOUFOPSNBMQPSUBO EPVOÖSHBOPRVFFTUÆDPOTUJUVJ EPQPSDÍMVMBTEFPUSBFTQFDJFx FYQMJDB+VBO$BSMPT*[QJTVBMÑ EFSEFMQSPZFDUP● R. A. NVSPFOUPODFTTFSÑBNFKPSDBO DFMBSMBJONJOFOUFSFVOJÖOxTF ÕBMÖ5SVNQFO5XJUUFS 6ODPNFOUBSJPRVFOPTFOUÖ CJFOBMPUSPMBEPEFM3ÑP(SBOEF FTQFDJBMNFOUFFOUSFMPTQBSUJ EPTEFMBPQPTJDJÖONFYJDBOB RVFJOTUBSPOBMQSFTJEFOUFBTVT QFOEFSTVWJTJUBBMEFTQBDIP PWBMUSBTDPOTJEFSBSjIVNJMMBO UFTxMBTQBMBCSBTEF5SVNQj&T UBNBÕBOB<QPSBZFS>IFNPTJO GPSNBEPBMB$BTB#MBODBRVFOP BTJTUJSÍBMBSFVOJÖOEFUSBCBKP QSPHSBNBEBx[BOKÖ1FÕB/JFUP FOTVDVFOUBEF5XJUUFS4JOFN CBSHPSFJUFSÖMBWPMVOUBEEF.Í YJDPjEFUSBCBKBSDPOMPT&TUBEPT 6OJEPTQBSBMPHSBSBDVFSEPTFO GBWPSEFBNCBTOBDJPOFTx 5SBTFMEFTFODVFOUSPDPOFM NFYJDBOP5SVNQTJHVJÖTFN CSBOEPMBEJTDPSEJBBMBTFHVSBS RVFBNCPTEFDJEJFSPODBODFMBS MBDJUBEFNVUVPBDVFSEPQPSRVF JCBBTFSjFTUÍSJMx"MPRVFBÕB EJÖRVFFTFFODVFOUSPOPUFOESÆ MVHBSIBTUBRVF.ÍYJDPUSBUFBM QBÑTjDPOSFTQFUPx-VFHPTV QPSUBWP[EFQSFOTBBOVODJÖRVF RVJFSFGJKBSVOJNQVFTUPQBSB HSBWBSVOMBTJNQPSUBDJP OFTEFQSPEVDUPTNFYJDBOPTQB SBQBHBSFMNVSPZRVFFTPMFTSF QPSUBSÑBNJMMPOFTEFEÖ MBSFTBMBÕP&O&&66 JNQPSUÖCJFOFTEF.ÍYJDPQPS NJMMPOFTEFEÖMBSFT "MBQPMÍNJDBQSFTJEFODJBMTF TVNBSPOBZFSMBTQSJNFSBTFT UJNBDJPOFTSFBMJ[BEBTQPSFM $POHSFTPTPCSFFMDPTUFRVFUFO ESÆMBDPOTUSVDDJÖOEFMNVSPQB SB&&66oZBRVFQSFWJTJCMF NFOUFBEFMBOUBSÆFMEJOFSPo4F HÜOTVTDJGSBTSPOEBSÆFOUSFMPT ZMPTNJMMPOFTEF EÖMBSFT.VZQPSFODJNBEFMPT DÆMDVMPTSFBMJ[BEPTQPS5SVNQ FOGFCSFSPEFMBÕPQBTBEPEV SBOUFMBDBNQBÕBNJMMP OFTQFSPJOGFSJPSFTBMPTDÆMDV MPTJOEFQFOEJFOUFTDPNPFMEFM HSVQP#FSOTUFJOEF*OWFTUJHB DJÖORVFDJGSBMBGBDUVSBFOUSF MPTZMPTNJMMPOFT "NOJTUÑB*OUFSOBDJPOBMQPSTV QBSUFBMFSUÖBZFSTPCSFFMSJFT HPEFRVFFOUPSOPBMNVSPQSP MJGFSFODBNQPTEFSFGVHJBEPT 1PSPUSPMBEP5SVNQTFSFÜ OFIPZFOMB$BTB#MBODBDPOMB QSFNJFSCSJUÆOJDBEFMCSFYJU 5IFSFTB.BZ &ODPOUSBEBT UPEBTMBTWÑDUJNBT &M1*#CSJUÆOJDPDSFDJÖFM EFMIPUFMTFQVMUBEP -"$*'3" )/. WBSJFEBEFTEFUPNBUFFOUSF USBEJDJPOBMFTNPEFSOBTZTJM WFTUSFTIBOTJEPBOBMJ[BEBT QVFTUPTRVÑNJDPTSFMBDJPOBEPT DPOFMTBCPSRVFPUSBTWBSJFEB EFTNÆTBOUJHVBTxBÕBEF(SB OFMM-BTFDVFODJBDJÖOEFMHFOP NBEFMBTDBTJWBSJFEBEFT FTUVEJBEBTIBQFSNJUJEPJEFOUJ GJDBSMPTNBSDBEPSFTHFOÍUJDPT RVFBGFDUBOBMBNBZPSÑBEFMPT DPNQVFTUPTRVÑNJDPTRVFUJF OFOSFMBDJÖODPOFMTBCPSEFMUP NBUFJODMVJEPTB[ÜDBSFTÆDJEPT ZDPNQVFTUPTWPMÆUJMFT %FFTUBNBOFSBFMFTUVEJP RVFDVFOUBDPOMBQBSUJDJQBDJÖO EF JOWFTUJHBEPSFT EFM $4*$ BQPSUBMBJOGPSNBDJÖOOFDFTBSJB QBSBSFDVQFSBSFMTBCPSUSBEJDJP OBMEFFTUBIPSUBMJ[BBUSBWÍTEF MBDSÑBNPMFDVMBS● R. A. ●7 .&4$*&/$*" 5PEBTMBTOPUJDJBTTPCSFMPTÙMUJNPT BWBODFTZEFTDVCSJNJFOUPT DJFOUÎGJDPTFOOVFTUSBXFC 20MINUTOS%JWFOESFTEFHFOFSEFM5 %JWFOESFTEFHFOFSEFM20MINUTOS 6 &M(PCJFSOP NBOUFOESÆFM TJTUFNBEFMB MV[BQFTBSEF MPTTVCJEPOFT -"4'3"4&4 %&¦-7"30/"%"- h SOBRE EL MERCADO i$VBOEPQBTBNPTEFM TJTUFNBFTUBCMFEFGJKBDJÓO EFQSFDJPTBMNBSHJOBMJTUB MBFMFDUSJDJEBECBKÓVOw h SOBRE EL DÉFICIT Y LAS PRIMAS h SOBRE LAS RENOVABLES 4FOJFHBBCBKBSMPTDPTUFTGJKPTB DBNCJBSFMNÍUPEPEFGJKBDJÖOEFQSFDJPT PBSFBMJ[BSVOBBVEJUPSÑBBMBTFNQSFTBT ÁNGEL CALLEJA BDBMMFKB!NJOVUPTFT!BOHFMDBMMFKB .BSJBOP3BKPZSFOVODJBBCB KBSMBQBSUFGJKBEFMSFDJCPEFMB MV[DPOMBRVFTFBCPOBOFO USFPUSPTMPTQFBKFTFMEÍGJDJU EFUBSJGBZMBTQSJNBTBMBTSFOP WBCMFT PBNPEJGJDBSFMTJTUFNB EFGJKBDJÖOEFQSFDJPTFOFM NFSDBEPEFMBFMFDUSJDJEBEQB SBDPNCBUJSMBFTDBMBEBRVFMMF HÖBEJTQBSBSFMDPTUFEFMBFOFS HÑBVOEFFVSPTFM NFHBWBUJPIPSBBMPTFV SPTFOUSFMPTEÑBTZ FOQMF OBPMBEFGSÑP %FOVODJBO BVOAZPVUVCFS RVFIVNJMMÖ BVONFOEJHP FO#BSDFMPOB -B(VBSEJB6SCBOBEF#BSDFMP OBIBEFOVODJBEPBVOZPVUV CFSEFBÕPTEFFEBEZDPO NÆTEFVONJMMÖOEFTFHVJEPSFT QPSIVNJMMBSBVOTJOUFDIPBM RVFMFSFHBMÖFVSPTZMFHSB CÖDVBOEPTFDPNÑBVOBTHBMMF UBTSFMMFOBTEFEFOUÑGSJDPRVFMF IBCÑBEBEPRVFMFQSPWPDBSPO NBMFTUBSZOÆVTFBT-PTBHFO UFTUVWJFSPODPOPDJNJFOUPFM QBTBEPNBSUFTEFRVFFMDPOP DJEPZPVUVCFSEFOBDJPOBMJEBE FTQBÕPMBIBCÑBHSBCBEPZDPM HBEPFOMBTSFEFTFTFWÑEFPBTÑ RVFMPDBMJ[BSPOBMBWÑDUJNBFO FMCBSSJPEFMB.BSJOBEFM1PSUZ BMDPOTJEFSBSRVFQPESÑBIB CFSTJEPWÑDUJNBEFEFMJUPQFOBM MFPGSFDJFSPOMBQPTJCJMJEBEEF EFOVODJBSBMPRVFFMIPNCSF BDDFEJÖ $VBOEPMPTVSCBOPTFTUBCBO IBCMBOEPDPOFMTJOUFDIPBQB SFDJÖFOFMMVHBSFMBVUPSEFMWÑ EFPRVFBTFHVSÖBMPTBHFOUFT RVFUFOÑBMBJOUFODJÖOEFQB TBSMBOPDIFDPOFMIPNCSFHSB CBSMPEFOVFWPZQFEJSEJTDVM QBTQÜCMJDBNFOUF'JOBMNFOUF FMZPVUVCFSOPTFRVFEÖBEPS NJSEFTQVÍTEFRVFMBWÑDUJNB MFEFOVODJBSBQPSFMUSBUPIVNJ MMBOUFSFDJCJEP &MQSFTJEFOUFMPBEFMBOUÖBZFS EVSBOUFVOBFOUSFWJTUBFO0O EB$FSPEPOEFTFFODPNFO EÖBMBNFUFPSPMPHÑBQBSBTPMV DJPOBSFMQSPCMFNBj7BBCBKBS MBMV[QPSRVFWBBMMPWFSx .FOPTQSPTBJDPGVFTVNJOJT USPEF&OFSHÑB©MWBSP/BEBM RVFDPOGJSNÖZBNQMJÖFTUB QPTUVSBQPSMBUBSEFEVSBOUF VOBDPNQBSFDFODJBFYUSBPSEJ OBSJBFOFM$POHSFTPBQFUJDJÖO EFMBPQPTJDJÖOOJBCBOEPOP EFMTJTUFNBNBSHJOBMJTUBEF QSFDJPTOJBVEJUPSÑBEFDPTUFT BMBTFMÍDUSJDBTOJGPNFOUPEFM (&¹¹ BVUPDPOTVNPTJFTUPTVQPOF FYJNJSBRVJFOFTQSPEV[DBOTV QSPQJBFOFSHÑBEFMPTHBTUPTEFM NBOUFOJNJFOUPEFMTJTUFNB RVFBCPOBOFMSFTUP /BEBMFNQMFÖNÆTEFUSFTIP SBTFOSFQFUJSMPTGBDUPSFTRVF IBOQSPWPDBEPRVFFMNFSDBEP NBZPSJTUBTFEJTQBSFOPTPMPFO &TQBÕBTJOPFOUPEB&VSPQB BVNFOUPEFMBEFNBOEBDBÑEB EFMTVNJOJTUSPRVFMMFHBEFTEF MBTOVDMFBSFTGSBODFTBTFTDBTB QSPEVDDJÖOEFMBTFOFSHÑBTSF OPWBCMFTZFODBSFDJNJFOUPEFM HBTFMDBSCÖOZFMQFUSÖMFP g )*4503*"4$0/'050 i$VBOEPQBHVFNPTMBT IJQPUFDBTUFOESFNPT VOBEFMBTFMFDUSJDJEBEFT NÃTCBSBUBTEF&VSPQBw i"IPSBQPEFNPTWPMWFSB QPOFSFONBSDIBFMNPUPS -PRVFTFIJ[PFOGVF VOBBVUÊOUJDBMPDVSBw -BDPZVOUVSBBTFHVSÖFTDP NÜOQBSBUPEPTMPTQBÑTFTj/P FTMBQSJNFSBWF[RVFPDVSSFFM BDUVBMOPFTFMOJWFMEFQSFDJPT SÍDPSEOJUBNQPDPFTVOBTJ UVBDJÖORVFOPQVFEBWPMWFS BEBSTFx"QFTBSEFFMMPFMNJ -+"/) FVSPTQBHBSFNPTIPZEFNF EJBQPSMBFMFDUSJDJEBEVO NFOPTRVFBZFS OJTUSPEFTDBSUÖUPEBTMBTQSP QVFTUBTEFMBPQPTJDJÖOZTFDF SSÖFOCBOEBBVODBNCJPFO MBTSFHMBTEFMKVFHP j$VBOEPQBTBNPTEFMTJTUF NBFTUBCMFEFGJKBDJÖOEFQSF DJPTBMTJTUFNBNBSHJOBMJTUB <RVFGJKBFMQSFDJPEFUPEBMB FMFDUSJDJEBEOFHPDJBEBFOVO EÑBFOGVODJÖOEFMBUFDOPMPHÑB NÆTDBSB>MBFMFDUSJDJEBECBKÖ VOxKVTUJGJDÖ -BBVEJUPSÑBQBSBTBCFSTJMBT DPNQBÕÑBTFMÍDUSJDBTQSPEV DFOSFBMNFOUFBMDPTUFRVFEJ DFOPTJJOGMBOBSUJGJDJBMNFOUF MPTQSFDJPTUBNQPDPFTUÆTPCSF MBNFTBBQFTBSEFRVFGJHVSB FOFMQBDUPEFJOWFTUJEVSBRVF FM11Z$JVEBEBOPTSVCSJDBSPO FMQBTBEPPDUVCSF-BFYDVTB FOFTUBPDBTJÖOFTRVFFM(P CJFSOPZBFYBNJOÖMPTDPTUFTGJ KPTEFMTJTUFNBOPBMBTFNQSF TBT DVBOEPSFDBMDVMÖMPTQBHPT BOVBMFTQBSBTVGSBHBSFMEÍ GJDJUEFUBSJGBNJMMPOFT ZMBTQSJNBTBMBTSFOPWBCMFT NJMMPOFTFO &MQBHPEFFTPTDPODFQUPT JNQJEFUBNCJÍOSFCBKBSFMUÍS NJOPGJKPEFMBGBDUVSB -BÜOJDBNFEJEBEFM(PCJFS OPQBSBJOUFOUBSRVFFMSFDJCP EFMBMV[CBKFFTFMEFTBSSPMMP EFMNFSDBEPEFMHBTQBSBMP RVFFTQFSBBMBTOPSNBTRVFFT UBCMFDFSÆMB$PNJTJÖOEFMPT .FSDBEPTZMB$PNQFUFODJB● -BNBESFEFM DIÖGFSEFMCVT WPMDBEP j.JIJKPUPNÖ DPDBÑOBx -BNBESFEFMKPWFORVFDPOEV DÑBFMBVUPCÜTFTDPMBSRVFWPMDÖ FTUFNJÍSDPMFTFO'VFOMBCSBEB EFGFOEJÖBZFSBTVIJKPFOVOB FOUSFWJTUBDPODFEJEBBMQSPHSB NB&TQFKP1ÜCMJDP-BNVKFSBTF HVSÖRVFFMDIJDPjDPOTVNJÖDP DBÑOBFMWJFSOFTQFSPFTRVF DVBMRVJFSBMBDPOTVNFx&MDIÖ GFSGVFEFUFOJEPQPSVOEFMJUPEF DPOEVDDJÖOCBKPMBJOGMVFODJB EFMBTESPHBTBMEBSQPTJUJWPUSBT FMBDDJEFOUFRVFTFTBMEÖDPO FTDPMBSFTIFSJEPTMFWFT "ZFSTFDPOPDJÖUBNCJÍOFM SFTVMUBEPEFMBJOWFTUJHBDJÖO TPCSFFMBDDJEFOUFEFMBVUPCÜT DPOGJSNBRVFFMDPOEVDUPSUSBT FM BDDJEFOUF NPTUSBCB VOB jDMBSBTJOUPNBUPMPHÑBxEFJS ESPHBEPNJFOUSBTRVFMBNB ZPSÑBEFMPTOJÕPTRVFWJBKBCBO OPMMFWBCBOQVFTUPFMDJOUVSÖO EFTFHVSJEBE5BNCJÍOBZFSTF DPOPDJFSPOEFDMBSBDJPOFTEF BMHVOPEFMPTBMVNOPTRVFWJB KBCBOFOFMBVUPCÜTIBCJUVBM NFOUFj&MDPOEVDUPSTPMÑBIB DFSFTFTDPOEVDÑBEFGPSNB NVZSBSBx● NVFSUPTZNÆTEFNJMDIJMFOPTTJOIPHBS 4FMMFWBBTVIJKP EFMIPTQJUBMBOUFT EFVOUSBTQMBOUF "ZFSGVFEFUFOJEBFO$VFODB VOBNVKFSRVFIBCÑBTBDBEPB TVIJKPEFDVBUSPBÕPTEFVO IPTQJUBMEF.ÆMBHBEPOEFFT QFSBCBVOUSBTQMBOUFEFQVM NÖO-BNBESFGVFJOUFSDFQ UBEBFOMBFTUBDJÖOEFUSFODPO FMOJÕPFOCSB[PTDVBOEPIV ÑBFOFM"7&DPOEFTUJOPB7B MFODJB&MNFOPSQSFTFOUBCB VOHSBWFFTUBEPEFTBMVE )BMMBOTJOWJEB BMBDIJDBEFTBQBSFDJEB FO-FÖO $BSMB4BOUPTMBNVKFSEF EFTBQBSFDJEBFMNBSUFTFO-F ÖOGVFMPDBMJ[BEBTJOWJEBBZFS FOFMJOUFSJPSEFTVQSPQJPUSBT UFSPZTJOBQBSFOUFTTJHOPTEF WJPMFODJB%FTBQBSFDJÖQPSMB UBSEFDVBOEPJCBBWFSBVOB BNJHB4FIBJOJDJBEPVOBJO WFTUJHBDJÖO %FUFOJEPQPS BNFOB[BSEFNVFSUFB MPTBHFOUFTSVSBMFT -PT.PTTPTE&TRVBESBEF UVWJFSPOFMNBSUFTBVODSJB EPSEFQFSSPTFO#MBOFT(JSP OB QPSBNFOB[BSEFNVFSUFB MPTBHFOUFTSVSBMFTBUSBWÍT EFMBTSFEFTTPDJBMFTUSBTDPOP DFSFMBTFTJOBUPEFEPTBHFOUFT FO"TQB-MFJEB )BCJUBOUFTEFMBMPDBMJEBE EF4BOUB0MHBUSBCBKBOFOFM USBTMBEPEFFTDPNCSPTEF VOBEFMBT[POBTBGFDUBEBT&'& $POUJOÜBOMBTMBCPSFTEFSFT DBUFFO$IJMF-BTMMBNBTRVF IBOBSSBTBEPWBSJBTMPDBMJEBEFT EFMQBÑTFOMBTÜMUJNBTIPSBTEF KBCBOBMDJFSSFEFFTUBFEJDJÖO I OVFWFNVFSUPTZNÆT EFNJMWJWJFOEBTEFTUSVJEBT "ZFSFOMBTTVSFÕBTSFHJPOFTEFM .BVMFZ#JPCÑPTFFODPOUSBSPO MPTDBEÆWFSFTEFEPTIPNCSFT FOUSFMPTFTDPNCSPTZ4BOUB0M HBVOBMPDBMJEBEBMFEBÕBBMB DJVEBEEF$POTUJUVDJÖOFOMBSF HJÖOEFM.BVMFGVFUPUBMNFOUF DPOTVNJEBQPSFMGVFHP&OUP UBMQFSNBOFDÑBOBDUJWPTVOUP UBMEFJODFOEJPTEFMPTRVF FTUBCBOFOGBTFEFDPNCBUF CBKPDPOUSPMZEPTFYUJOHVJ EPTDPOVOBTVQFSGJDJFBGFDUB EBEFIFDUÆSFBT● R. A. 20MINUTOS%JWFOESFTEFHFOFSEFM 7 TBOJEBE B7=H?F;O7;I;F?:xC?97 ;DJE:7B7F;DËDIKB7 &MOÜNFSPEFDBTPT BVNFOUBFOTJFUF DPNVOJEBEFT-BNÆT DBTUJHBEBFT$BTUJMMBZ -FÖODPOQPS IBCJUBOUFT C. CH. BDUVBMJEBE!NJOVUPTFT!N -BHSJQFTJHVFTVFYQBOTJÖOQPS MBHFPHSBGÑBFTQBÕPMB"OEBMV DÑBFSBMBÜOJDBDPNVOJEBEEFMB 1FOÑOTVMBRVFBHVBOUBCBDPO VOOJWFMEFEJGVTJÖOEFMBFOGFS NFEBENFOPSQFSPTVSFTJTUFO DJBIBDFEJEPFOMBUFSDFSBTFNB OBEFFOFSP$POFTUFJODSFNFO UPEFMBBDUJWJEBEHSJQBMFOMBSFE BOEBMV[BMBFQJEFNJBTFIBFY UFOEJEPZBQPSUPEBMB1FOÑO TVMB$BOBSJBTNBOUJFOFVOSJU NPEFQSPQBHBDJÖOjFTQPSÆEJ DPxTFHÜOMPTÜMUJNPTEBUPTEFM .JOJTUFSJPEF4BOJEBESFMBUJWPT BMQFSJPEPEFMBMEFFOFSP 4JOFNCBSHPFTUBFQJEFNJB RVFTFIBBEFMBOUBEPTFJTTFNB OBTDPOSFTQFDUPBMBÕPBOUFSJPS ZIBPDBTJPOBEPDPNQMJDBDJP OFTFOMBTVSHFODJBTEFNVDIPT IPTQJUBMFTFTQBÕPMFTIBFDIB EPMJHFSBNFOUFFMGSFOPFOOVFT USPQBÑTEPOEFNVFTUSBVOB UFOEFODJBBMBFTUBCJMJ[BDJÖO&O FTFQFSJPEPEFMNFTEFFOFSPFM OÜNFSPEFDBTPTBQFOBTDSF DJÖVO&ODPODSFUPTFSF HJTUSBSPOQPSIB CJUBOUFTGSFOUFBMPTDB TPTEFMBTFNBOBBOUFSJPS "TÑTFEFTQSFOEFEFMJOGPSNF EJGVOEJEPBZFSQPSMB3FE/B DJPOBMEF7JHJMBODJB&QJEFNJP MÖHJDBEFM*OTUJUVUPEF4BMVE$BS MPT***-PTEBUPTNVFTUSBOVOB UBTBEFJODJEFODJBEFMBHSJQFTJ NJMBSBMBEFMBTFHVOEBTFNBOB EFFOFSPMPRVFQSPCBCMFNFO UFJOEJDBRVFjFTUBNPTNVZDFS DBEFBMDBO[BSMBNÆYJNBJODJ EFODJBHSJQBMEFMBUFNQPSBEBx "QFTBSEFRVFFOTJFUFDPNVOJ EBEFT"OEBMVDÑB"SBHÖO#B MFBSFT$BTUJMMBZ-FÖO$PNVOJ EBE7BMFODJBOB.BESJEZ1BÑT 7BTDP TFPCTFSWBVOBFWPMVDJÖO DSFDJFOUFFOFMSFTUPFTFTUBCMF PEFDSFDF -BNÆTHPMQFBEBWVFMWFBTFS $BTUJMMBZ-FÖODPODB TPTQPSIBCJUBOUFTTF HVJEBEFM1BÑT7BTDP Z "SBHÖO 1PSEFCBKPEFMB NFEJBTFTJUÜBO&YUSFNBEVSB -B3JPKB .BESJE "OEBMVDÑB MB$P NVOJEBE7BMFODJBOB "T UVSJBT #BMFBSFT Z $BOBSJBT %F(BMJDJBZ .VSDJBOPTFFTQFDJGJDBOEBUPT 1PSFEBEFTTFPCTFSWBVOJO DSFNFOUPFOMPTNFOPSFTEF BÕPTZVOEFTDFOTPFOMPTHSV QPTEFBÕPTZFOMPTNBZP SFTEF 1PSPUSPMBEPEFTEFFMJOJDJP EFMBUFNQPSBEBTFIBO OPUJGJDBEPDBTPTHSBWFT IPTQJUBMJ[BEPTZEFGVODJP OFTQPSHSJQFFMEFFMMPT FONBZPSFTEFBÕPT&OMPT BEVMUPTMPTGBDUPSFTEFSJFTHP NÆTQSFWBMFOUFTTPOMBFOGFS NFEBEDBSEJPWBTDVMBSDSÖOJDB MBEJBCFUFT ZMBFO GFSNFEBEQVMNPOBSDSÖOJDB ZFOMPTNFOPSFTEF BÕPTMBFOGFSNFEBEQVMNPOBS DSÖOJDB ZMBFOGFSNFEBE DBSEJPWBTDVMBSDSÖOJDB &M EFMPTQBDJFOUFTQPSPUSB QBSUFEFTBSSPMMBSPOOFVNPOÑB ZDBTPTJOHSFTBSPOFOMB6$* %FMPTFOGFSNPTQFSUFOF DJFOUFTBHSVQPTSFDPNFOEBEPT EFWBDVOBDJÖOMBNJUBEOPIB CÑBSFDJCJEPMBWBDVOB -BDFQBEFMWJSVTIBCJUVBMEF FTUBUFNQPSBEBFTMBHSJQF") %FCJMJEBEGJFCSFZUPTTPOBMHV OPTEFTVTTÑOUPNBT &MFYKVF[7JEBM SFWFMBRVFFM (PWFSOUJFOFEF GPSNBJMFHBMMPT EBUPTGJTDBMFT EFMPTDBUBMBOFT &MFYKVF[4BOUJ7JEBMTVTQFOEJ EPQPSFM5SJCVOBM4VQSFNPQPS QBSUJDJQBSFOMBSFEBDDJÖOEF VOB$POTUJUVDJÖODBUBMBOBIB SFBMJ[BEPVOBTDPNQSPNFUFEP SBTSFWFMBDJPOFTFOMBTRVFBTF HVSBRVFMB(FOFSBMJUBUFTUÆSFB MJ[BOEPBDUVBDJPOFTTFDSFUBT GVFSBEFMNBSDPMFHBMQBSBDSFBS FTUSVDUVSBTEFFTUBEP&TUBTEF DMBSBDJPOFTMBTQSPOVODJÖEV SBOUFVODJDMPEFDIBSMBTTPCSF MBJOEFQFOEFODJBPSHBOJ[BEP QPS&3$TFHÜO&M1BÑT &OFMMBT7JEBMTPTUJFOFRVF MB(FOFSBMJUBUjUJFOFVOBQBS UJEBDBNVGMBEBEFVOPT NJMMPOFTEFFVSPTQBSBDPOT USVJSFTUSVDUVSBTEFFTUBEPx ZBTFHVSBRVFEJTQPOFjEFMPT EBUPTGJTDBMFTEFUPEPTMPTDB UBMBOFTEFGPSNBBCTPMVUB NFOUFJMFHBMx5BNCJÍOBGJS NBRVFFM(PWFSOIBJOWFTUJ HBEP B UPEPT MPT KVFDFT FTUBCMFDJEPTFO$BUBMVOZB $421QJEJÖBZFSMBDPNQBSF DFODJBFOFM1BSMBNFOUEFMWJ DFQSFTJEFOU0SJPM+VORVFSBT QBSBEBSFYQMJDBDJPOFT● (&¹¹ %FMBTQSFTUBDJPOFTQPS NBUFSOJEBETPMPFM GVFSPODPNQBSUJEBT &OMB4FHVSJEBE4PDJBM HFTUJPOÖQSFTUBDJP OFTFDPOÖNJDBTQPSNBUFS OJEBEEFMBTDVBMFT GVFSPOQFSNJTPTDPNQBSUJ EPTQPSFMQBESFFTEFDJSUBO TPMPFMEFFMMPTQBSB MPT RVF TF EFTUJOBSPO FVSPT -PHSBTPCSFWJWJS TFJTEÑBTTJOQVMNPOFT .ÍEJDPTEF$BOBEÆDPOGJS NBSPOBZFSRVFFMBÕPQB TBEPMPHSBSPONBOUFOFSDPO WJEBEVSBOUFTFJTEÑBTBVOB NVKFSEFBÕPTUSBTFYUJS QBSMFMPTQVMNPOFTNJFO USBTFTQFSBCBQPSVOUSBT QMBOUF )VFMHBHFOFSBM FO&EVDBDJÖO QBSBFMEFNBS[P 0SHBOJ[BDJPOFTTJOEJDBMFT EF BMVNOPT Z EF QBESFT DPOGJSNBSPOBZFSMBDPO WPDBUPSJBEFIVFMHBHFOFSBM FOUPEPTMPTOJWFMFTZTFDUP SFTFEVDBUJWPTQBSBFMEF NBS[PQBSBSFJWJOEJDBSVOB WF[NÆTMFEFSPHBDJÖOUP UBMEFMB-PNDF %JWFOESFTEFHFOFSEFM20MINUTOS 8 87H9;BED7 8WhY[bedW]WdWh|.$.+* dk[leif_ieiieY_Wb[i [dbeifhn_cei'&Wei &-1-"%&-)"#*5"5(& MPMMFWB IPZFMDPOTJTUPSJPBM QMFOPNVOJDJQBMQBSB TVBQSPCBDJÖO P. CARO [POBCBSDFMPOB!NJOVUPTFT!N#BSDFMPOB 6OEFMQBSRVFEFWJWJFOEBT EFMBDJVEBEEF#BSDFMPOBDP SSFTQPOEF B QÜCMJDBT VOBT EFFMMBTHFTUJP OBEBTQPSFM1BUSPOBU.VOJDJQBM EFM)BCJUBUHF $POFMPCKFUJWP EFJODSFNFOUBSFTUFQPSDFO UBKFZQPOFSMPBMOJWFMEFPUSBT DJVEBEFTFVSPQFBTFM"KVOUB NFOUEF#BSDFMPOBIBVMUJNBEP VO1MBE)BCJUBUHFBBÕPTWJT UB RVFQSFTFOUBSÆ IPZFOFM1MFOPNVOJDJQBMZRVF DPOUFNQMBNFEJEBT -BQSJODJQBMFTMBDPOTUSVDDJÖO EFOVFWBTWJWJFOEBTTPDJB MFTBQBSUJSEFMBDSFBDJÖOEFVO PQFSBEPSQÜCMJDPVOJGJDBEPEF DPOTUSVDDJÖORVFQBTBSÑBBMMB NBSTF*OTUJUVU.VOJDJQBMEF M)BCJUBUHFZRVFJODMVJSÆBM1B 0DVQBDJÖO EFMB3BNCMB DPOUSBFM UVSJTNPNBTJWP .FEJPDFOUFOBSEFFOUJEBEFT DJVEBEBOBTSFDMBNBONÆTNF EJEBTNVOJDJQBMFTDPOUSBFMUV SJTNPNBTJWPZNBÕBOBTBMESÆO BMBDBMMFQBSBIBDFSPÑSTVWP[&M MVHBSFMFHJEPMB3BNCMBjVO TÑNCPMPEFMBBQSPQJBDJÖOEF MBDJVEBEQPSQBSUFEFMPTUVSJT UBTxTFÕBMB$BNJMP3BNPTEF MB'FEFSBDJÖE"TTPDJBDJPOTEF 7FÓOTEF#BSDFMPOB'"7# RVF TFDVOEBMBQSPUFTUB-BTFOUJEB EFTTFDPODFOUSBSÆOBQBSUJSEF MBTIPSBTFOMBQBSUFBMUBEF MBWÑBQBSBJOJDJBSBVOBNBOJ GFTUBDJÖOIBTUBTVQBSUFJOGFSJPS "MMÑTFMFFSÆVONBOJGJFTUPDPO KVOUPRVFSFDMBNBjCBSSBSFMQB TPBMPTFOFNJHPTEFMBDJVEBEx FOBMVTJÖOBMPTUVSJTUBT5BN CJÍOEFOVODJBRVFFMUVSJTNP FTUÆHFOFSBOEPVOBTVCJEBEFT DPOUSPMBEBEFMPTQSFDJPTEFMB WJWJFOEBRVFFYQVMTBBMPTWFDJ OPTEFMPTCBSSJPT● C. MERCADER 4&3¦/7*7*&/%"4 TPDJBMFTOVFWBTDPO VOBTQÜCMJDP QSJWBEBTZDPOPUSBT WBDÑBTFYJTUFOUFT 4&$3&"3¦6/01&3"%03 &-"+6/5".&/5 QÜCMJDPVOJGJDBEPEF DPOTUSVDDJÖOMMBNBEP *OTUJUVU.VOJDJQBM EFM)BCJUBUHF DPOTUSVJSÆFTUFOVFWP QBSRVFTPDJBMFO DPMBCPSBDJÖODPO DPPQFSBUJWBT USPOBU.VOJDJQBM BQBSUJSEFM EFKVOJP&MUPUBMFMQMBOBMDBO [BSÆMBTOVFWBTWJWJFOEBT TPDJBMFTFOBÕPTTVNBOEPB MBTRVFTFDPOTUSVJSÆODPO NFEJPTNVOJDJQBMFTEFMB DPMBCPSBDJÖOQÜCMJDPQSJWBEBZ QSPDFEFOUFTEFDPNQSBT ZNPWJMJ[BDJPOFTEFWJWJFOEB WBDÑBZBFYJTUFOUF4FJODPSQPSB SÆOQJTPTBOVBMNFOUFBM QBSRVFQÜCMJDPIBTUBTV QFSBOEPMBNFEJBBDUVBMEF $POFTUBTNFEJEBTTFRVJFSF EBSjVOTBMUPxFONBUFSJBEFWJ WJFOEBQSPUFHJEBQBTBOEPEFM BMFOMPTQSÖYJNPTBÕPT ZBMBMGJOBMJ[BSFMQMBOFO &MQPSDFOUBKFFTUBSÑBMFKPT OPPCTUBOUFEFMRVFNBS DBMB-FZEF$BUBMVO ZBRVFJODMVZFQJTPTEFQSP UFDDJÖOPGJDJBMZBMRVJMFSFTDPO USPMBEPT&MEFMPTOVFWPT EPNJDJMJPTQSPHSBNBEPTTFEFT UJOBSÆOBMBMRVJMFSBTFRVJCMF QPSEFCBKPEFMQSFDJPEFMNFS DBEP ZTPDJBMDPOBZVEBT &M SFHJEPSEF7JWJFOEBEFMDPOTJT UPSJP+PTFQ.BSJB.POUBOFS QSFTFOUBCBBZFSFMQSPZFDUPFM UFSDFSQMBOEFWJWJFOEBQSPZFD UBEPQBSB#BSDFMPOBRVFTFSF WJTBSÆBOVBMNFOUFZRVFQBTB QPSFODBSHBSMBDSFBDJÖOEFM OVFWPQBSRVFEFQJTPTTPDJBMFT UBOUPBM1BUSPOBU.VOJDJQBMEF M)BCJUBUHFDPNPBDPPQFSB UJWBTZBFOUJEBEFTTJOÆOJNPEF MVDSPZEFMVDSPMJNJUBEP 5BNCJÍOTFJODSFNFOUBSÆMB DVBOUÑBEFMBTBZVEBTQBSBQB HBSBMRVJMFSFTZTFTFHVJSÆQP UFODJBOEPMBNFEJBDJÖOFODB TPTEFFNFSHFODJBIBCJUBDJPOBM &M1MFBQSPCBSÆIPZFM1&6"5 ●●● &M1MFNVOJDJQBMEFIPZWJFSOFTBQSPCBSÆEFGJOJUJ WBNFOUFUBNCJÍOFM1MB&TQFDJBM6SCBOÑTUJDE"MMPUKB NFOUT5VSÑTUJDT1&6"5 DPOMBBCTUFODJÖOQSFWJTUBEFMB $61&MQBTBEPNJÍSDPMFTEFFOFSPFMHPCJFSOPEF"EB $PMBVQVEPEBSGJOBMNFOUFUSÆNJUFBM1&6"5DPOFMBQP ZPEF&3$RVFTPMJDJUBCBRVFFMQMBOJODMVZFSBVOBV NFOUPEFMPTJOTQFDUPSFTDPOUSBQJTPTUVSÑTUJDPTJMFHBMFT BTÑDPNPFTUVEJBSMBDFMFCSBDJÖOEFVOBDPOTVMUBWFDJOBM TPCSFFMQPMÍNJDPQSPZFDUPIPUFMFSPEFMB7JMB0MÑNQJDB EFTEFMB6$&36OJUBUDPOUSB M&YDMVTJÖ3FTJEFODJBM PQFSBUJ WBEFTEFFOFSPEF&MQSFTV QVFTUPDPOFMRVFDVFOUBFTUF BNCJDJPTPQMBOEFWJWJFOEBFTEF NJMMPOFTEFFVSPTBOVBMFT VONÆTEFMPRVFTFEFEJDBB FTUBQBSUJEB4VQPOFVODPTUFUP UBMEFNJMMPOFTEFFVSPT EFMPTRVFTPOBQPSUBDJÖO EJSFDUBEFM"KVOUBNFOU &OQBSBMFMPBMDFOTPEFQJTPT WBDÑPTRVFTFFTUÆFMBCPSBOEP BDJODPBÕPTWJTUBTFFTUÆMMFWBO EPBDBCPPUSPEFQJTPTPDVQB EPT&OBMHVOPTEJTUSJUPTZBTF DPOPDFDPOFYBDUJUVEMPTQJTPT QSPCMFNÆUJDPTZTVVCJDBDJÖO DPODSFUBj/PIBZVOBPMBEF PDVQBDJPOFTFOMBDJVEBEZMPT IFDIPTEFMJDUJWPTTPONFOP SFTxIBFYQMJDBEPFMHFSFOUFEF 7JWJFOEB+BWJFS#VSÖO &MJODSFNFOUPEFDFSDBEFVO EFMEJOFSPEFTUJOBEPBBZV EBSBGBNJMJBTDPOFMQBHPEFMBM RVJMFSJODMVJSÆDPNPCFOFGJDJB SJBTBMBTVOJEBEFTGBNJMJBSFTTJO JOHSFTPTZRVFRVFEBCBOGVFSB EFMPTEPTQMBOFTEFWJWJFOEB NVOJDJQBMFTBOUFSJPSFT"FTUF DPODFQUPTFEFTUJOBSÆONJ MMPOFTEFFVSPTFOBÕPTNJFO USBTRVFFOFMQFSJPEP TFEFEJDBSPONJMMPOFTEF FVSPT4FFTQFSBRVFDBEBBÕP VOBTGBNJMJBTQPESÆOSF DJCJSFTUFUJQPEFBZVEBT NÆTRVFMBTBDUVBMFT 0USPTNJMMPOFTEFFVSPT NJMMPOFTBOVBMFTFMEPCMF RVFMPTQMBOFTEFWJWJFOEBBOUF SJPSFTJSÆOEJSJHJEPTBOVFWBT TVCWFODJPOFTQBSBQSPQJFUBSJPT RVFOFDFTJUFOSFIBCJMJUBSFMJO UFSJPSEFTVTWJWJFOEBTQVEJFO EPMMFHBSBSFDJCJSBZVEBQPSFM DPTUFUPUBMEFMBPCSB● -BUVSJMBQSFDBSJFUBUMBCPSBMFT NBOUFOFODPNFMQSJODJQBM QSPCMFNBQFSBMTDBUBMBOTTF HPOTMBEBSSFSBFORVFTUBEFM $FOUSF E&TUVEJT E0QJOJÖ $&0 GFUQÜCMJDBIJS5PUJBJYÙ MBQSFPDVQBDJÖIBCBJYBUEFM FMBM1FSDPOUSB IBQVKBUMBQSFPDVQBDJÖTPCSF MBRÞFTUJÖTPCJSBOJTUBRVFTF TJUVBFOTFHPOBQPTJDJÖBNCVO FMFSBEFM 1SFHVOUBUTTPCSFMBDDJÖEF (PWFSOFMTDBUBMBOTMBQSPWFO BNCVOFOUPUBMFM EFMTFORVFTUBUTBQSPWFOMFYF DVUJVEF$BSMFT1VJHEFNPOU &MTWPUBOUTEFMB$61QFSÙTVT QFOFOBM(PWFSOBNCVO" NÍTJFOQMFOBOFHPDJBDJÖTP CSFGJTDBMJUBUFOUSF+Y4ÑJMB$61 EFTUBDBMBEBEBRVFFM EFMTDBUBMBOTFTUBOFODPOUSB EBQVKBSJNQPTUPTJTÖOQBSUJ EBSJTEFNBOUFOJSFMTNBUFJYPT JNQPTUPTJFMTNBUFJYPTTFSWFJT GJOTJUPUVOBQPTUBSJBQFS BCBJYBSFMTJNQPTUPTJSFEVJSFMT TFSWFJT● I. SERRANO -"9*'3" '$-&& QFSTPOFTWBOSFTQPOESFMFO RVFTUBEFM$&0FOUSFFMEF OPWFNCSFJFMEFEFTFNCSF g )*45¹3*&4".#'050 (&¹¹ -BOFVPCMJHB BUBODBSVOB USFOUFOB EFTDPMFT 6OBEPOBDPCSBSÉ BOZTEFTQSÍTMBWJEVÓUBU 6OBEPOBNBMUSBDUBEBEF3FVT TFOTFTFOUÐODJBQFSWJPMÐODJB NBTDMJTUBDPCSBSÉMBQFOTJÖEF WJEVÓUBUBOZTEFTQSÍTEFMB NPSUEFMTFVFYNBSJUTFHPOT VOBTFOUÐODJBEFM+VUKBU4PDJBM OÜNFSPEF3FVT-*OTUJUVU/B DJPOBMEFMB4FHVSFUBU4PDJBM */44 MJWBEFOFHBSMBQFOTJÖEF WJEVÓUBUQFSIBWFSQBTTBUNÍTEF EFVBOZTFOUSFMBEBUBEFMEJWPS DJJMBEFMBNPSUEFMIPNFJQFS OPIBWFSBDSFEJUBUBNCVOB TFOUÐODJBRVFFSBVOBWÑDUJNB EFNBMUSBDUBNFOU BOZTEFQSFTÖQFM DBT.BDFEÙOJB -B'JTDBMJBEF#BSDFMPOBEFNB OBBOZTJNJHEFQSFTÖQFS BWVJUOBSDPUSBGJDBOUTTFUEFMT RVBMTIBVSJFOFOHBOZBUBVO BMUSF&MDBTWBPSJHJOBSVOB NBDSPJOWFTUJHBDJÖKVEJDJBMDP OFHVEBDPNBDBT.BDFEÙOJB RVFFTRVJUYBWBQPMJDJFT -BUVSJFM TPCJSBOJTNF MFTQSJODJQBMT QSFPDVQBDJPOT EFMTDBUBMBOT "MVNOFTEFM$&*11JSJOFVEF$BNQEFWÉOPMBIJSGFOUVOOJOPUEFOFV-063%&4$"4"%&.0/5"$/ 6OUPUBMEFBMVNOFT WBOSFTVMUBSBIJSBGFDUBUTQFM UFNQPSBMEFOFVB$BUBMVOZB RVFWBEFSJCBSFOFMUBODB NFOUEVOBUSFOUFOBEFTDP MFTTJUVBEFTQSJODJQBMNFOU BM3JQPMMÐTJFOMBTVTQFOTJÖ EFSVUFTFTDPMBSTTFHPOTWBO JOGPSNBSGPOUTEFM%FQBSUB NFOUE&OTFOZBNFOUEFMB (FOFSBMJUBU%BMUSBCBOEBMB OFVUBNCÍWBHFOFSBSBGFDUB DJPOTFOEJWFSTFTSVUFTEF USBOTQPSUFTDPMBSBMFTDPNBS RVFTEFM3JQPMMÐTMB(BSSPUYB J0TPOB"NÍTWBPCMJHBSFMT WFIJDMFTBDJSDVMBSBNCDBEF OFTFOUSBNTEFDBSSFUF SFTBMBQSPWÑODJBEF#BS DFMPOBDJODB(JSPOBJRVBUSF B-MFJEB● R. B. 20MINUTOS%JWFOESFTEFHFOFSEFM 9 &TVOBTFSJFQPMÎUJDBNFOUFJODP SSFDUB1BSBCJFOPQBSBNBMFT %SFX#BSSZNPSF j.FDPNFSÑBB$BUF #MBODIFUUFTUPZ FOBNPSBEBEFFMMBx VOBTFSJFEVSBHPSF1FSPFTUFUJ QPEFDPOUFOJEPDPOFTUF"%/ QBSUJDVMBSRVFBOUFTOPUFOÑBDB CJEBFOFMNVOEPEFMFOUSFUFOJ NJFOUPBIPSBFTBDFQUBCMF )ÃCMFOPTEFTVQFSTPOBKF.F HVTUB4IFJMBNFHVTUBFMEFTQFS UBSRVFUJFOFFOMBTFSJF"MQSJO DJQJPFMQFSTPOBKFFTNÆTJOP DFOUFNÆTBOJÕBEPZBMGJOBMUJF OFVOBEFUFSNJOBDJÖOEFIJFSSP "TÎRVFFTVOQFSTPOBKFDPN QMFKPx$VBOEPUSBCBKPNFHVT UBRVFIBZBVOSFUPRVFOPTFB TJNQMFNFOUFRVFNFEFOVO QBQFMZRVFNFEJHBORVÍUFOHP RVFEFDJSZDÖNPEFDJSMP 4JUVWJFSBRVFDPNFSTFBBM HVJFOzBRVJÊOTFSÎB .FDPNF SÑBB$BUF#MBODIFUUNFFODBO UBFTUPZFOBNPSBEBEFFMMB)F TBMJEPQPSBIÑDPOFMMBVOQBSEF WFDFTZFTDPNPMB,BUIBSJOF )FQCVSOEFTVHFOFSBDJÖO (53&4 5VWPRVFDPNFSSFDSFBDJPOFT EFQBSUFTIVNBOBTzMFEJPBT DP 4ÑNVDIP-PQFPSEFUPEP G ISRA ÁLVAREZ / BEA LANGREO (&C?DKJEI9ED$$ 6OEÑBDVBMRVJFSB4IFJMB%SFX #BSSZNPSF EFTDVCSFRVFIB NVFSUPBVORVFTFTJFOUFNÆTWJ WBRVFOVODB5SBUBSÆEFRVF FTPOPBGFDUFBTVGBNJMJBQFSP UFOESÆRVFDPNFSTFBMBHFOUF "TÑFT4BOUB$MBSJUB%JFURVF /FUGMJYFTUSFOBFMEFGFCSFSP -BBDUSJ[FTUBEPVOJEFO TFQSPUBHPOJ[BMBOVFWB DPNFEJBEF/FUGMJYA4BO UB$MBSJUB%JFUFOMBRVF JOUFSQSFUBBVOBNVFSUB WJWJFOUFNVZFTQFDJBM JBMWBSF[!NJOVUPTFT!JBMWBS z$ÓNPFTTFSVOBNVFSUBWJ WJFOUF &TUBOEJWFSUJEPRVF BIPSBJOUFOUPSFDPSEBSDÖNPFSB #*0 4IFJMBQFHBVOHSBODBNCJPSF DVQFSBTVMBEPTFYZZBMBWF[TF IBDFGVFSUFDPNPNVKFSx:POP %SFX#BSSZNPSF 4FIJ[PNVOEJBMNFOUFGB NPTBDPOUBOTPMPBÒPT ZOBEJFIBPMWJEBEPRVF GVFMBOJÒBEF&55SBT VOBJOGBODJBZBEPMFTDFO DJBEVSBZNBSDBEBQPSMBT BEJDDJPOFTTFSFDVQFSÓZ DSFÓTVQSPQJBQSPEVDUP SBRVFEFCVUÓDPOUPEP VOÊYJUPEFMBÊQPDB/VO DBNFIBOCFTBEPBMB RVFTJHVJFSPOPUSPTDPNP -PTÃOHFMFTEF$IBSMJF i1FTBCBLJMPTDVBOEP FNQF[ÓFMSPEBKFZ DVBOEPMPUFSNJOÊ'VF VOQSPDFTPEVSPw GVFBMHPRVFQFOTÍRVFTFSÑBJOP DVPDSFÑRVFFSBDBSOFDSVEBQF SPOPTÍRVÍOBSJDFTMMFWBCBQPS i&TFFNQPEFSBNJFOUPZ RVFUFOÑBVOBDPOTJTUFODJBSB BDUJUVEEFNVKFSGVFSUF SB&SBDPNPVODFSFCSPZPMÑB FTTPMPQPSRVFSFGMFYJPOB SBSP"TRVFSPTPIPSSJCMFy"VO BTÑNFFODBOUÖMBFYQFSJFODJB TPCSFTÎNJTNBw z-FFODBOUÓ 4ÑMBQBSUFCVF OBFTRVFQPEÑBDPNFSDPTBTEJ i/PTÊTJ4IFJMBHBOBSÎB GFSFOUFTDBEBEÑBQPSRVFQBSB B/FHBOEFA5IF8BMLJOH SFDSFBSMPRVFDPNÑB4IFJMBVTB %FBEQFSPNF CBOQSPEVDUPTEFUPEPUJQPDP FODBOUBSÎBWFSFTBQFMFBw NPNBO[BOBTTFDBTPUBSUBTF QJBBDFJUVOBTy/VODBTBCÑB EVSPUVWFRVFQPOFSNFNFUBT RVÍNFJCBBUPDBSFTFEÑB BNÑNJTNBQBSBIBDFSMPQSP z5VWPRVFIBDFSEJFUBQBSBFM HSFTJWBNFOUF1FSPUBNCJÍOGVF QBQFM 1FTBCBLJMPTDVBOEP VOBHSBOFYDVTBQBSBEFDJSNFB FNQF[ÖFMSPEBKFZDVBOEPMP NÑNJTNBRVFUFOÑBRVFDPNFS UFSNJOÍ4JTPMPDPNFTMBTQSP NÆTTBOP.FTFOUÑHFOJBMEFT UFÑOBTEFUVTWÑDUJNBTUVDVFSQP QVÍTZBMNJTNPUJFNQPGVFVO WBBDBNCJBSTÑPTÑ-PNÆTJN WFSBOPNBSBWJMMPTPFO$BMJGPS QPSUBOUFFSBUFOFSTBMZQJNJFO OJBDPONJTDPNQBÕFSPTBMPT RVFBEPSP UBDFSDB<SJTBT> FTUBSWJWB<SJTBT>4IFJMBTFQBTB MBNJUBEEFMUJFNQPTJOUJÍOEP TFNBMQPSMPRVFIBDFZMBPUSB NJUBEEFMUJFNQPFTVOBMJCF SBDJÖOUPUBMZEFTDVCSFRVFDP "TÎRVFTÎUVWPRVFUSBOTGPSNBS NFSHFOUFFTJODMVTPEJWFSUJEP TFx"DFQUÍUPEPMPRVFQSPWF z2VÊMFDPOWFODJÓEFFTUFQB OÑBEFMQFSTPOBKFDPNFSDBSOF QFM 1FOTÍRVFFSBVOBPQPS DSVEBBDMBSBSNFFMQFMPUPNBS UVOJEBEEFIBDFSBMHPNVZFO DPNQMFNFOUPTOVUSJDJPOBMFTF USFUFOJEPZEJWFSUJEPZRVFBMB JSQFSEJFOEPQFTPQSPHSFTJWB WF[UFOÑBNPNFOUPTNVZFNP NFOUF UJWPT4IFJMBUJFOFVODJFSUPQVO z:MFDBNCJÓFMIVNPS 4ÑCB UPEFEVM[VSBZEFCJMJEBEFT KBSDFSDBEFLJMPTGVFBMHPNVZ FKFNQMPBTFHVJS1PSPUSPMBEP TJBMHPUFIBDBNCJBEPDPNPB FMMBZTJHVFTUSBCBKBOEPZIB DJFOEPWJEBOPSNBMFTPFTDPN QMFUBNFOUFTBMWBKF NFTFOUÑBTFYZ4IFJMBFTUÆFOVO NPNFOUPNBMPEFTVWJEBDVBO EPFNQJF[BMBTFSJFZUPEBFTB BDUJUVEEFFNQPEFSBNJFOUPZ EFNVKFSGVFSUFFTTPMPQSPEVD UPEFRVFFMMBFNQJF[BBSFGMFYJP OBSTPCSFTÑNJTNB/PFTUPZTF HVSBEFRVFTFBVONFOTBKFSFBM NFOUFGFNJOJTUB z1PSBNPSTFQVFEFBDFQUBS DVBMRVJFSDPTB $SFPRVF+PFM <FMQFSTPOBKFEFTVNBSJEP>FO BMHVOPTQVOUPTEFMBTFSJFTF BKVTUBNÆTBMFTUFSFPUJQPEFFT QPTBZ4IFJMBMMFWBMPTQBOUBMP OFTZNBOFKBMBTJUVBDJÖOFMMB UPNBMBTEFDJTJPOFT°MTFTJFO UFBUSBQBEPFOMBTJUVBDJÖOQF SPMBBGSPOUBDPOVOBBDUJUVE EFBNBSZBQPZBSBTVNVKFS.F HVTUBRVFBMGJOZBMDBCPTPOVOB QBSFKBRVFMMFWBODBTBEPT BÕPTZFTBTJUVBDJÖOIBDFRVF GPSNFOVOFRVJQP 1VFTIBZRVJFOIBWJTUPVONFO TBKFGFNJOJTUBFOFTP+PFMZFMMB RVJFSFOFWJUBSMPTDPOGMJDUPTFO USFFMMPTRVJFSFOTFSVOFRVJQP JHVBMFT1FSPDMBSPFMMBTFFTUÆ DPNJFOEPBMBHFOUFy{FTFTPGF NJOJTUB <SJTBT>)BZVOFNQP EFSBNJFOUPQFSPWJFOFEFMBNB OPDPOMBTJUVBDJÖORVFFMMBFTUÆ BUSBWFTBOEP z4FEFCFIBDFSDVBMRVJFSDPTB QPSBNPS z$VÃMTFSÎBTVMÎNJUF &OOVFTUSPEÑBBEÑBOPTVFMFIB CFSDPTBTRVFOPTIBHBOQMBO UFBNPTFTBQSFHVOUBQFSPFOMB TFSJFQBTBBMHPESÆTUJDPRVFMMF WBBMPTEPTBGPSNBSVOFRVJ QP&TUFFTVOHSBONFOTBKFQB SBMBTQBSFKBT 4J4IFJMBTFFOGSFOUBSBB/F z"QSPWFDIÓFMUJFNQPMJCSFBMMÎ HBOEF5IF8BMLJOH%FBE 4ÑBQSPWFDIÍQBSBQBTBSFMWFSB zRVJÊOHBOBSÎB {&MUJQPMPDP OPDPONJTIJKBTFO$BMJGPSOJBy EFMCBUF .JFSEBOPMPTÍQF MVDIBOEPDPOUSBFMUSÆGJDPMP SPNFFODBOUBSÑBWFSFTBQFMFB RVFNFIBDFNVZGFMJ[<SJTBT> QPSRVFEFTQVÍTEFUPEPTMPT z)BZBMHÙONFOTBKFFOMBTFSJF NVFSUPTWJWJFOUFTBMPTRVFTF 4ÑZOP1PSVOMBEP7ÑDUPS<'SFT IBFOGSFOUBEPUJFOFQJOUBEF DPFMDSFBEPS>UFOÑBNVZDMBSP TFSCBTUBOUFCVFOPMVDIBOEP RVFMPRVF4IFJMBIBDFOPFTVO DPOUSB[PNCJT● %JWFOESFTEFHFOFSEFM20MINUTOS 10 &MNFKPSGMBNFODPZMBHBTUSPOPNÑBEF MVKPEBOBM$PSSBMEFMB.PSFSÑBFMUÑUVMP EFÜOJDP5BNCJÍOFTFMNÆTMPOHFWP PAULA ARENAS DVMUVSB!NJOVUPTFT!QBSFOBTN )BDFNÆTEFNFEJPTJHMPRVF FM$PSSBMEFMB.PSFSÑBFSB RVFEBCBJOBVHVSBEPQPS .BOVFMEFM3FZFOMBNJTNB DBMMFEF.BESJEFOMBRVFQFS NBOFDF.PSFSÑB :MBTFO TBDJÖOBMDSV[BSMBQVFSUBFT RVFWPMWFNPTBFTUBSFOBRVFM .BESJEEFUBCMBPTZQBMNBT BVORVFGVFSBNFEJPBFTDPO EJEBTZBÜODPO'SBODP -P GVOEBNFOUBM FO DVBOEPVOPNJSBZBENJSBVO MPDBMBTÑFTMBEJHOJEBEZFMÍYJ UPDPOFMRVFIBMPHSBEPTPCSF WJWJSBUPEPTFTUPTBÕPTZTVT DBNCJPTDPOMBGVTJÖORVFMPT IJ[PÜOJDPTBMUBHBTUSPOPNÑB ZFTQFDUÆDVMPTGMBNFODPTRVF TPMPTFQVFEFOWFSFOUFBUSPTZ FOFM$PSSBMEFMB.PSFSÑB j5JFOFNÍSJUPRVFWFOHBO MBTGJHVSBTRVFWJFOFOxDVFO UBBNJOVUPT+VBO.BOVFM EFM3FZVOPEFMPTIJKPTEFM DSFBEPSEFMMPDBMZRVJFOFKFS DF EF EJSFDUPS j.J NBESF #MBODBEFM3FZCBJMBPSBZWJV EBEFMGVOEBEPSNJQBESFUSBF BRVÑBMPTNFKPSFTCBJMBPSFT i+VTUJO5JNCFSMBLF DFMFCSÓTVDVNQMFBÒPT Z.BSJBI$BSFZTJFNQSF QJEFMBNJTNBNFTB)B WFOJEPIBTUBFM$IFw BLANCA DEL REY #BJMBPSBZEVFÒBEFM$PSSBMEFMB.PSFSÎB QPSRVFFMMBTBCFEFFTUPZNV DIP)BDFNVZQPDPRVFIB EFKBEPEFCBJMBSZBWFDFTTB MFVOSBUPBMUBCMBPQBSBRVJUBS TFFMHVTBOJMMPxDVFOUB &MMBFOUSÖFOFM$PSSBMBCBJ MBSDVBOEPFSBVOBOJÕBTPMP UFOÑBBÕPT4VNBESFOPMB EFKBCBDBTJJSZOPQFSNJUJÖ RVFTFDBTBSBDPOFMEVFÕP EFRVJFO#MBODBFTUBCBFOB NPSBEBIBTUBRVFGVFMPTV GJDJFOUFNFOUFNBZPS#MBODB FTMBRVFNÆTSFDVFSEPTUJFOF EFMBTGJHVSBTEFUPEBDPOEJ DJÖORVFIBOQBTBEPQPSMB RVFFTTVDBTBZFOMBRVFTF NBOUJFOFJOUBDUPFMFTQBDJP 13&(6/5"4" #MBODBEFM3FZ 7JVEBEFMGVOEBEPSEFM $PSSBMEFMB.PSFSÎBMB CBJMBPSB#MBODBEFM3FZ MMFHÓBMPTBÒPTBCBJ MBSBFTUFUBCMBPEFMRVF IPZFTEVFÒB z&DIBEFNFOPT DVBOEPFM$PSSBM O FTUBCBMMFOPEFFTQBÒP MFT 4ÎUJFOFORVFWFOJS NÃTFTQBÒPMFT"MHVOPT RVFWJFOFOZOPMP DPOPDÎBOFTQPSRVFMPT USBFVOFYUSBOKFSPZMP SFDPOPDFOi`2VÊQFOB RVFNFMPIBZBUFOJEPRVF FOTFÒBSBMHVJFOEFGVFSBw z&ORVÊNPNFOUP DBNCJÓFMQÙCMJDP O .VZQBVMBUJOBNFOUF QPSRVFMPTBGJDJPOBEPT TJHVFOWJOJFOEP1FSPFM SFTUPOPZOPMPFOUJFOEFT z$ÓNPGVFTV MMFHBEB -MFHVÊ DPOBÒPT/PIFJEPB FTDVFMBTNFIFGPSNBEP FOMPTUBCMBPT4JIVCJFTF UFOJEPQPTJCJMJEBEQBSB FTUVEJBSMPIBCSÎBIFDIP QFSPUFOÎBRVFNBOUFOFS BNJGBNJMJB O z4FJNBHJOBVO .BESJERVF O WPMWJFSBBFTUBSMMFOPEF UBCMBPT $MBSP/P EFCFNPTQFSEFSOVFTUSB IVFMMBDVMUVSBM ●7 .&4.03&3*" 4JRVJFSFTWFSFMWÎEFPEFMB BDUVBDJÓOZEFUPEPTMPTSJODPOFT EFM$PSSBMFOUSBFOOVFTUSBXFC EFMUBCMBP-BTWJHBTMPTDVB ESPTMBTQBSFEFTOPIBZWB SJBDJPOFTFOUSBSFOFM$PSSBM IBDFBÕPTZIPZOPFTEJ GFSFOUFj6OEÑBNJSBCBIB DJBMBTBMBZNFQBSFDÑBRVFFT UBCBFM$IFoOPTFYQMJDB#MBO DBRVFFSBFOUPODFTVOBDSÑBo ZOBEJFNFDSFÑB1FSPMVFHP SFTVMUÖRVFTÑRVFFSBÍMx 4JHVFTJFOEPVOBQBSBEBJO UFSFTBOUFQBSBUPEPTMPTRVFWJ TJUBO.BESJEIBTUBUBMQVOUP RVFFMMJCSPTJUJPTRVFWFS BOUFTEFNPSJSEF5IF/FX :PSL5JNFTMPJODMVZF-PRVF TÑIBDBNCJBEPFTFMOÜNFSPEF FYUSBOKFSPTRVFBIPSBWJTJUBO FM$PSSBMj&MEFMQÜCMJDP FTJOUFSOBDJPOBMZFMOB DJPOBM-PDVSJPTPFTRVFFMFT QBÕPMDBEBWF[WJFOFNÆTUFN QSBOPBMQBTFEFMBTI <IBZPUSPBMBTI>x *OFWJUBCMFEFUPEPTNPEPT SFDPSEBSMPTUJFNQPTFOMPT RVFMBNBZPSÑBEFMPTRVFJCBO BMMÑFSBOFTQBÕPMFTj&TPQBTB CBDVBOEPMBOPDIFNBESJMFÕB DPOTJTUÑBFOJSEFUBCMBPFOUB CMBPZIBCÑBNÆTEFTPMPFO .BESJExEJDF+VBO.BOVFM EFM3FZZBENJUFTJOQSPCMFNB RVFOPTBCFCBJMBSGMBNFODP /JOHVOPIBIFSFEBEPFTBQBS UFBSUÑTUJDBEFTVNBESF1FSP FMOFHPDJPTFNBOUJFOFGBNJ MJBSZTVJEFBFTRVFTJHBTJFO EPBTÑTJFNQSF -BDBCF[BEFGBNJMJB#MBODB TFTJHVFFNPDJPOBOEPDVBOEP SFDVFSEBBMHVOBTEFMBTQFSTP OBTRVFNÆTMFIBJNQBDUBEP WFSFOFM$PSSBMj-BOB5VS OFSGVFVOBEFFMMBT7JOPQP DPBOUFTEFNPSJSZNFEJKP A&TUBJNBHFONFMBMMFWBSÍB MBUVNCBx-PRVFIBCÑBWJWJ EPBRVÑGVFNVZJNQPSUBOUF QBSBFMMB#MBODBDVFOUBDÖNP OPQVEPSFUFOFSMBFNPDJÖOZ TFQVTPBMMPSBSFONFEJPEFM FTDFOBSJPEFMBNBOPEFMBBD USJ[&TVOBEFMBTRVFFTUÆOFO MBNVMUJUVEEFGPUPHSBGÑBTRVF EFDPSBOVOBEFMBTQBSFEFT RVFQSFDFEFOBMUBCMBP&TPTÑ FOOJOHVOBIBZVOQPMÑUJDP j1FSPIBOWFOJEPNVDIPTZ WJFOFOoDVFOUBMBWJVEBEFM GVOEBEPSoZUFEJHPVOBDPTB OPIFNPTUFOJEPQSPCMFNBBM HVOPDVBOEPIBODPJODJEJEP MPTRVFFSBONVZEJTUJOUPT&T RVFFTUPFTPUSBDPTBBRVÑMB HFOUFIBWFOJEPIBTUBBDFMF CSBSTVDVNQMFBÕPT1PSFKFN QMP+VTUJO5JNCFSMBLFMPIJ[P 1 /BEJFRVJTPQFSEFSTFFTUFUBCMBP &OMBJNBHFO3POBME3FBHBOCBJMBTPCSFFMUBCMBPRVFIPZTFNBOUJFOFQSÃDUJDBNFOUFFYBDUP&T UBFTTPMPVOBEFMBTNVDIBTGPUPTEFQFSTPOBMJEBEFTRVFDPOTFSWBMBGBNJMJB3FZEVFÒPTEFM$P SSBM)BTUBFM$IFQBTÓBTFHVSBOQPSTVDBTB"DUVBMNFOUFQPMÎUJDPTZSFBMF[BTJHVFOBDVEJFOEP 2 3 5PEPTJHVFJHVBMEFTEF )BDFBÒPTRVFTFBCSJFSPOMBTQVFSUBTEF FTUFUBCMBPDVZBGBDIBEBFTQSÃDUJDBNFOUFMB NJTNBRVFFOUPODFT&OMBDBMMFEFMB.PSFSÎB EF.BESJEFMGMBNFODPBÙOUJFOFTVTJUJP $FOBZFTQFDUÃDVMPBMNJTNPOJWFM 4FQVFEFBDVEJSBMBTIPIZTPOEPT MPTSFDMBNPTUBOUPMBDPNJEBDPNPFMFTQFDUÃ DVMP1FHBEPTBMUBCMBPMPTDPNFOTBMFTBTJTUFO NJFOUSBTDFOBOBMNPOUBKFGMBNFODP 4 5 %FTEF-B$IVOHBIBTUB0MHB1FSJDFU 1PSTVTUBCMBTIBOQBTBEP-B$IVOHB&M(ÛJUP *TBCFM1BOUPKB"OUPOJP(BEFTP$BOBMFT"IPSB OPFTEJGÎDJMWFSBMMÎB#FMÊO-ÓQF[.BSDP'MPSFT 0MHB1FSJDFUFOMBGPUP P.BOVFM-JÒÃO 3FDVFSEPTTJOQPMÎUJDPT 6OBEFMBTQBSFEFTEFMSFDJCJEPSEFM$PSSBMFTUÃ MMFOBEFGPUPHSBGÎBTEFQFSTPOBKFTGBNPTPTZ QFSTPOBMJEBEFTRVFIBOQBTBEPQPSFM$PSSBM -PRVFOPIBZBVORVFIBZBOJEPTPOQPMÎUJDPT '0504$033"-%&-".03&3±":(53&4 ;BJ78B7ECÈIL?;@E I?=K;@EL;D =H79?7I7B7<KI?ÏD &/'0504 &TUFOPVOTJUJP TPMPEFHVJSJT ●●●j1BSBOPTPUSPTFTNVZ JNQPSUBOUFDVBOEPBMHVJFO WJFOFDPOQSFKVJDJPTQFO TBOEPRVFFTUPFTQBSBHVJSJT ZRVFFMGMBNFODPOPMFWBZ VOBWF[RVFMPDPOPDFTFWB FNPDJPOBEPxEJDFFMEJSFD UPSj&TDPNPTJMBHFOUFOP GVFSBBM1SBEPQPSRVFWJF OFOFYUSBOKFSPTx{:MFTHVT UBSÑBWPMWFSBUFOFSNBZPSÑB EFQÜCMJDPFTQBÕPM j4JFN QSFMPEFTFBNPTQPSRVFFM GMBNFODPFTOVFTUSPx "TÑRVFJNBHJOB0.BSJBI$B SFZRVFTJFNQSFRVFWJFOFQJ EFMBNJTNBNFTBx *NQPSUBOUFQVOUPFMEFMB NFTBZBRVFMBHBTUSPOPNÑB IBEFFTUBSBMBBMUVSBEFMFT QFDUÆDVMP%FBIÑMBJODPSQP SBDJÖOBMBQMBOUJMMBEFMDPDJOF SP%BWJE(BSDÑBDPOVOBFTUSF MMB.JDIFMJOj-BHFOUFDSFF RVFWJFOFBVOUBCMBPZTPMP IBZKBNÖOZRVFTPZOPBRVÑ UFOFNPTVOBDPNJEBEFNV DIBDBMJEBEx &MDIFGRVFFTEF#JMCBPZQB SFDFFODBOUBEPDPOTVUSBCB KPOPTDVFOUBRVFOPUFOÑBOJ JEFBEFGMBNFODP*ODMVTPRVF FSBEFBRVFMMPTBMPTRVFOP TFMFTIBCSÑBPDVSSJEPJSBVO UBCMBPFOTVWJEBZRVFBIP SBTVTBNJHPTEF#JMCBPRVF FSBODPNPÍMWBOBMMÑBWFSMF DBEBWF[RVFWJTJUBOMBDJVEBE {:MBDBSUBTFQVFEFNFUFSEF UPEPFOVOMVHBSDPNPFTUF %BWJEMPUJFOFDMBSPj"RVÑFM DMJFOUFUJFOFRVFTBMJSUBODPO RVJTUBEPQPSMPRVFIBWJTUP DPNPQPSMPRVFIBDPNJEPx :CFCJEPQPSRVFFMWJOPFT PUSPEFTVTQVOUPTGVFSUFTFM TVNJMMFSWJFOFEFM#VMMJZIBDF UBOQPDPSVJEPDVBOEPTJSWFFM WJOPRVFBMTBMJSMBFNPDJÖO OPWJFOFTPMPEFMGMBNFODP● ;IF;9?7B :Ë7:;B7FK8B?9?:7: >79?7B7 FK8B?9?:7: =;EBE97B?P7:7 /6&704'03."504 -PTNFOTBKFTEFMBTNBSDBTTFSÆODPOWFSTBDJPOBMFT ZFYQMPUBSÆOMPTWJEFPTWFSUJDBMFT 4&(6/%0$"/"- -BJOWFSTJÖOFOQVCMJDJEBENÖWJMTÖMPTFSÆ TVQFSBEBQPSMBUFMFWJTJWB &-36#&/$*0 7*&3/&4%&&/&30%& FRANCISC FRANCISCO S O ROUCO ROUCO $POMBTSFEF E TTPDJBMFTMMFHB $POMBTSFEFTTPDJBMFTMMFHB SPO MBT DPOGFTJPOFT NBTJWBT SPOMBTDPOGFTJPOFTNBTJWBT .JMMPOFTEFVTVBSJPTFNQF [BSPOBDPOGFTBSTVTHVTUPT -JCSPTSPQBQFMÑDVMBTEFT UJOPTEFWJBKFy*OGPSNBDJÖO RVFFOSJRVFDÑBVOPTQFSGJMFT EPOEFZBBQBSFDÑBOMBFEBE MPTFTUVEJPTFMMVHBSEFSF TJEFODJB$POUPEPTFTUPTEB UPTBMBMDBODFEFMBTNBSDBT DPONJMMPOFTZNJMMPOFTEF QJTUBTQBSBDPOWFSUJSBQPUFO DJBMFTDMJFOUFTFOTFHVSPT DPNQSBEPSFTTFJOBVHVSÖMB FSBEFMBQFSTPOBMJ[BDJÖOMB QVCMJDJEBEQFSTPOBMJ[BEB QVCMJDJEBEQFSTPOBMJ[BEB 'SFOUFBMPTTQPUTFOUFMFWJ 'SFOUF U BMPTTQPUTFOUFMFWJ TJÖOPMPTDBSUFMFTEFMPTFEJ TJÖO P MPT DBSUFMFT EF MPT FEJ GJDJPTEJSJHJEPTBMBHFOFSB MJEBEMBQVCMJDJEBEQFSTPOB MJ[BEB QSPNFUÑB BOVODJPT BEBQUBEPTBMPTHVTUPTEFMJO UFSOBVUBCBOOFSTRVFSFDPS EBCBOMBWJTJUBB&TQBÕBEFM BSUJTUBBRVJFOTFMFÑBFO'B DFCPPLPMBÜMUJNBPGFSUBEFM WVFMPBFTFEFTUJOPUBOUBTWF DFTCVTDBEPFO(PPHMF"EÑB EFIPZMBQVCMJDJEBEQFSTP OBMJ[BEBTFBTPNBFODBEB 1"4""1¦(*/"4*(6*&/5& %JWFOESFTEFHFOFSEFM20MINUTOS II :Ë7:;B7FK8B?9?:7:J;D:;D9?7I;D¸CE8?B;¹ 6ODBOBMDPONFOPTJODFSUJEVNCSF 6OBEFMBTHSBOEFTFTQJOBTDMBWBEBTFOMPTBOVODJBO UFTFTMBJODFSUJEVNCSFTPCSFTJTVTDBNQBÕBTMMFHBOSFBM NFOUFBTVQÜCMJDPPCKFUJWP-PTEBUPTEFDPN4DPSFTPCSFMB QVCMJDJEBENPCJMFQVFEFOUSBORVJMJ[BSBMBTNBSDBT4FHÜO VOFTUVEJPSFDJFOUFFOFMRVFDPNQBSBCBWBSJBTDBNQBÕBT QBSBEFTLUPQDPOPUSBTQBSBNÖWJMFTMBTEFNPCJMFBMDBO[B SPOBTVQÜCMJDPPCKFUJWPFOVOGSFOUFBMEFMBTEFPS EFOBEPS&ODVBOUPBMBTWJTVBMJ[BDJPOFTOPIVNBOBTMBTEF PSEFOBEPSUVWJFSPOVOGSFOUFBMEFMBTNÖWJMFT 4FQSPOPTUJDBRVFMBJOWFSTJÖOFOQVCMJDJEBEQBSBNÖWJMSFQSFTFOUBSÆFONÆTEFNJMNJMMPOFTEFFVSPT+03(&1"3±4 7*&/&%&1¦(*/""/5&3*03 QÆHJOBFOJOUFSOFUQFSPMBT NBSDBTQSPGFUJ[BOVOHSBEP EFBEBQUBDJÖOUPEBWÑBNBZPS HSBDJBTBMBQVCMJDJEBEQFO TBEBQBSBFMNÖWJM-BFSBEF MBQFSTPOBMJ[BDJÖOQSPNFUF VOOVFWPEFTBSSPMMPMBHFP MPDBMJ[BDJÖO &MUFMÍGPOPNÖWJMFTIPZFM QSJODJQBMBQBSBUPFMFDUSÖOJ DPEFDPNVOJDBDJÖOFOUSFMPT FTQBÕPMFT4FHÜOFM#BSÖNF USPEFM$*4EFNBS[PEF FMEFMPTFTQBÕPMFTVUJMJ [ÖVONÖWJMFOMPTÜMUJNPT TFJTNFTFTGSFOUFBMRVF VUJMJ[ÖVOPSEFOBEPS1SF HVOUBEPTQPSMBQFSJPEJDJEBE EFVTPFMNÖWJMGVFVTBEPUP EPTMPTEÑBTQPSVOGSFO UFBMVTPEJBSJPEFMPSEFOB EPSRVFGVFEFM4PCSF QBSBRVÍTFVTBFMNÖWJMFM $*4OPDPODSFUBNVDIPNÆT QFSPTÑMB"*.$MB"TPDJB DJÖOQBSBMB*OWFTUJHBDJÖOEF .FEJPTEF$PNVOJDBDJÖO 4FHÜOTVJOGPSNFTPCSFFM DPOTVNPEFJOUFSOFUFONP WJMJEBEQVCMJDBEPFOKVOJP EFFMEFMPTVTVB SJPTEFNÖWJMFTTFDPOFDUÖB JOUFSOFUFOFMÜMUJNPNFT GSFOUFBMEFMPTVTVBSJPT EFPSEFOBEPSFTQPSUÆUJMFTZ BMEFMPTEFTPCSFNFTB $POPDJEPT FTUPT EBUPT FM NÖWJMOPTÖMPFTFMEJTQPTJ UJWPEFDPNVOJDBDJÖONÆT VUJMJ[BEPFOHFOFSBMTJOP UBNCJÍOFMRVFNÆTTFVUJMJ [BQBSBBDDFEFSBJOUFSOFU -PTBOVODJBOUFTDPOTDJFO UFTEFMBTVQSFNBDÑBEFMNÖ WJMGSFOUFBPUSPTBQBSBUPTQB SBFOUSBSFOJOUFSOFUFTUÆO FNQF[BOEPBBQVOUBSTVTJO WFSTJPOFTIBDJBMBQVCMJDJEBE FONÖWJMFT1BSB*"#4QBJO EVSBOUFFMQSJNFSTFNFTUSF EFTFJOWJSUJFSPONJ MMPOFTEFFVSPTTÖMPFOQVCMJ DJEBEFONÖWJMFTPNPCJMF BQFOBTVOEFMNPOUPUP UBMFOQVCMJDJEBEEJHJUBMQF SPVONÆTEFMPRVFTF JOWJSUJÖFOFMNJTNPQFSJPEP EF&OUPEPFMTFJO WJSUJFSPOFONPCJMFNJ MMPOFTEFFVSPT "FTDBMBNVOEJBMMBBHFO DJB;FOJUIQSPOPTUJDBRVFMB JOWFSTJÖOFOQVCMJDJEBEQBSB NÖWJMSFQSFTFOUBSÆFO NÆTEFNJMNJMMPOFTEF FVSPTFMEFUPEPMPJOWFS UJEPFOQVCMJDJEBEEJHJUBMZFM EFMBJOWFSTJÖOQVCMJDJUB SJBUPUBMFTEFDJSFMNÖWJMTF SÆFMTFHVOEPDBOBMQVCMJDJUB SJPNÆTJNQPSUBOUFTÖMPQPS EFUSÆTEFMBUFMFWJTJÖO EFMSFQBSUPUPUBM PERSONALIZACIÓN Y GEOLOCALIZACIÓN -BTNBSDBTUJFOFOBDDFTPB VOBJOHFOUFDBOUJEBEEFJO GPSNBDJÖOTPCSFTVTQPUFO DJBMFTDMJFOUFT-BPCUJFOFO EFTVTQFSGJMFTDPSQPSBUJWPT FOMBTSFEFTTPDJBMFTEFMPT EBUPTRVFSFDPHFOTVTQÆHJ OBTXFCTPCSFMBTWJTJUBTZ UBNCJÍO EF NÍUPEPT NÆT USBEJDJPOBMFTDPNPMBTUBSKF UBTEFGJEFMJ[BDJÖOMPTDVFT UJPOBSJPTQBSBDPODVSTPTP MBTFODVFTUBTFOUSFTPDJPT :BUPEPTFTUPTEBUPTRVF TPOMBCBTFQBSBMBQFSTPOBMJ [BDJÖOTFBÕBEFOBIPSBMPT RVFSFDPHFOMBTBQQTEFMPT NÖWJMFT &MHSBEPEFEFUBMMFEFFTB JOGPSNBDJÖOEFQFOEFEFIBT UBEÖOEFRVJFSBTBCFSMBNBS DBZFTUÆMJNJUBEBQPSMBTMF ZFTEFQSPUFDDJÖOEFEBUPTZ QPSMBBUFODJÖORVFRVJFO EFTDBSHBMBBQQQPOHBBMBT -"$-"7& 4FÒBTEF JEFOUJEBEANPCJMF Geolocalización.-PT BOVODJPTFTUBSÃOBEBQUB EPTBMHVTUPEFMPTDMJFO UFTQFSPUBNCJÊOBMMVHBS EPOEFWJWFOZMPTFTUBCMF DJNJFOUPTRVFGSFDVFOUBO -PTBOVODJPTMPDBMFTHB OBSÃOFOJNQPSUBODJB Búsquedas habladas.&M BVNFOUPEFMBTCÙTRVF EBTIBCMBEBTJNQPOESÃ VOFTUJMPEFDPNVOJDBDJÓO BOVODJBOUFDMJFOUFNÃT DPOWFSTBDJPOBMZMBTNBS DBTUFOESÃORVFFNQF[BS BDSFBSVOBJEFOUJEBEPSBM Vídeos verticales.-PT CBOOFSTQBTBSÃOBVOTF HVOEPQMBOPGSFOUFBMPT WÎEFPTFTQFDJBMNFOUF MPTWFSUJDBMFT-BTNBS DBTJOUFOUBSÃOFNVMBSFM ÊYJUPEFMPTZPVUVCFSTEF NPEBZTVTNJMMPOFTEF TVTDSJQUPSFT DPOEJDJPOFTEFVTP&OUSFMPT EBUPTRVFSFDPHFOMBTBQQTZ RVF TVFMFO BOVODJBSTF BM VTVBSJPKVTUPBOUFTEFJOJDJBS MBBQQQPSQSJNFSBWF[BQB SFDFO MB JEFOUJEBE EF MPT DPOUBDUPTFMIJTUPSJBMEFOB WFHBDJÖOMPTFMFNFOUPTNVM UJNFEJB EF MB HBMFSÑB RVÍ PUSBTBQQTFTUÆOFOVTPMBMP DBMJ[BDJÖOEFMVTVBSJPy&T UFQVOUPFMEFMBMPDBMJ[BDJÖO EFMVTVBSJPFTEFDJTJWPFOMB OVFWBQVCMJDJEBENPCJMFZ WBBMMFWBSBMBQFSTPOBMJ[B DJÖOBVOOVFWPOJWFMMBQV CMJDJEBEHFPMPDBMJ[BEB -BQVCMJDJEBEHFPMPDBMJ[B EBDPOTJTUFFOBEBQUBSMPT BOVODJPTBMMVHBSEPOEFTF FODVFOUSBMBQFSTPOBPBTV JUJOFSBSJPIBCJUVBM"MHVJFO RVFWJBKFEFGJOEFTFNBOBB 4PSJBQPSFKFNQMPZCVTRVF BUSBWÍTEFTVNÖWJMVOSFT UBVSBOUFOPUFOESÆRVFDPO DSFUBSTVCÜTRVFEBTJOPRVF TVNÖWJMTÖMPNPTUSBSÆSFT UBVSBOUFTTPSJBOPT&TVOB FWPMVDJÖOEFMBQFSTPOBMJ[B DJÖORVFPGSFDFOVFWBTPQPS UVOJEBEFT FTQFDJBMNFOUF QBSBMPTFTQFDUÆDVMPTJUJOF SBOUFTZQBSBMBTNBSDBTDPO UJFOEBGÑTJDB0USPFKFNQMP BMHVJFORVFSFTFSWÖVOWJBKF B"SBHÖOQPESÑBSFDJCJSFOTV DPSSFPVOCPMFUÑODPOPGFSUBT EFFTRVÑFTBNJUBEEFQSFDJP KVTUPDVBOEPRVFEBVOBTF NBOBQBSBRVFTFNBSDIFZ QSFDJTBNFOUFDVBOEPFTUÆ BNFUSPTEFMBUJFOEBEF EFQPSUFT BÚSQUEDAS POR VOZ 4J IBTUB IBDF VOPT QPDPT BÕPTMBTCÜTRVFEBTIBCMBEBT FOMPTNÖWJMFTFSBOBMHPNBS HJOBMJODMVTPVOFOUSFUFOJ NJFOUPIPZTPONÆTIBCJ UVBMFTZTFQSFWÍRVFMPTF BO UPEBWÑB NÆT 4FHÜO (PPHMFIPZFMEFTVT CÜTRVFEBTTFJOJDJBODPNP CÜTRVFEBTEFWP[&MDBNCJP TFEFCFBMBTNFKPSBTFOFMSF DPOPDJNJFOUPEFMBTQBMBCSBT IBCMBEBT QPS QBSUF EF MPT NÖWJMFTQFSPFTQFDJBMNFO UFBMBQSFTFODJBEFFTUPTBQB SBUPTFOTJUVBDJPOFTEPOEF OPFTQPTJCMFUFDMFBSOJWFSMB QBOUBMMBDPNPBMDPOEVDJSP QSBDUJDBSEFQPSUF 1SFHVOUBSMBCÜTRVFEBFO WF[EFFTDSJCJSMBFOFMOBWF HBEPSOPTÖMPFTVODBNCJP FOFMNPEPEFJOUSPEVDJSMPT UÍSNJOPTBCVTDBSTJOPRVF QMBOUFBNVDIBTNÆTEJGFSFO DJBT-BQSJODJQBMMBTCÜT RVFEBTIBCMBEBTTPOFOUPOP EFQSFHVOUBo0L(PPHMF{DÖ NPWPZBMB(SBO7ÑB oMP RVFJNQMJDBRVFTFVTBONV DIPTNÆTUÍSNJOPTZRVFTF FTQFSBRVFMBSFTQVFTUBTFB DPODJTBOBEBEFSFTVMUB EPTRVFFMVTVBSJPUFOHBRVF GJMUSBS&TUBDPODSFDJÖOFO MBSFTQVFTUBTFEFCFBRVF DVBOEPTFQSFHVOUBMBCÜT RVFEBFOWF[EFFTDSJCJSMB ÍTUBTVFMFFTUBSSFMBDJPOBEB DPOVOBBDDJÖORVFTFSFBMJ [BSÆNJOVUPTEFTQVÍTDPNP DPNFSDPNQSBSPWFSVOBQF MÑDVMB-BTCÜTRVFEBTIBCMB EBTTPONÆTQSBHNÆUJDBTZ VSHFOUFTRVFMBTFTDSJUBT 4FQSFWÍRVFFTUBOVFWBGPS NBEFCVTDBSNPEJGJRVFDÖ NPTFQSFTFOUBMBJOGPSNB DJÖOEFMBTNBSDBTBMPTQP UFODJBMFTDPOTVNJEPSFT4F IBCMBJODMVTPEFVOBJEFOUJ EBEPSBMDPONFOTBKFTBEBQ UBEPTBVOFTUJMPDPOWFSTB DJPOBM EF QSFHVOUB Z SFT QVFTUB VÍDEOS VERTICALES -PTWÑEFPTTFBOVODJBODP NPFMHSBOGPSNBUPEFMBQV CMJDJEBEQBSBNÖWJMFT1JF[BT CSFWFTZDPODJTBTZEJSJHJ EBTBMNJTNPQÜCMJDPEFMRVF GPSNBOQBSUFMPTNJMMPOFTEF TVTDSJQUPSFTEFMPTZPVUVCFST EFNPEB&TQPMFBEPTQPSFM ÍYJUPWJSBMEFBMHVOPTWÑEFPT TF FTQFSB RVF MBT NBSDBT BEPQUFOFTUPTGPSNBUPTZEF KFOEFMBEPPUSBTGÖSNVMBT DPNPMPTCBOOFSTPMPTJO UFSTUJDJBMFTUBODPNVOFTFO MBQVCMJDJEBEQBSBPSEFOB EPS&TPTÑTFFTQFSBRVFMPT WÑEFPTTFBOWFSUJDBMFTNÆT BDPSEFTDPOFMIÆCJUPEFVUJ MJ[BSMPTNÖWJMFTFOQPTJDJÖO WFSUJDBM 4JMBTQSFWJTJPOFTEFMBJOEVT USJBTFDVNQMFOFMNÖWJMSPN QFSÆDPOMBUSBEJDJÖOIJTUÖSJDB EFIBDFSTQPUTQBSBTFSSFQSP EVDJEPTFOGPSNBUPIPSJ[POUBM DPNPMBUFMFWJTJÖOFMPSEFOB EPSPFMDJOF"MHVOBTSFEFTTP DJBMFTDPNP4OBQDIBUEPOEF MPTWÑEFPTFOWFSUJDBMTPONVZ QPQVMBSFTTFWFSÆOSFDPNQFO TBEBTDPOFTUFDBNCJP0USBT SFEFTDPNP:PV5VCFRVFTJS WFEFBMPKBNJFOUPQBSBCVFOB QBSUFEFMPTWÑEFPTRVFTFDPN QBSUFOUFOESÆORVFSFEJTFÕBS TFQBSDJBMNFOUFPBMNFOPT IBDFSBMHPNÆTRVFBÕBEJSMBT CBSSBTOFHSBTBBNCPTMBEPTEF MBQJF[B 20MINUTOS%JWFOESFTEFHFOFSEFMIII %JWFOESFTEFHFOFSEFM20MINUTOS IV :Ë7:;B7FK8B?9?:7:H;:;IIE9?7B;I B7IC7H97I"7B797P7 :;IK¸J7H=;J¹;DBEI DK;LEIF7J?EI:?=?J7B;I &MOPWJB[HPFOUSFBOVODJBOUFTZ SFEFTDSJTUBMJ[BBMBWFMPDJEBEDPO RVFTFNVMUJQMJDBOMBTDVFOUBTFO FTUPTFTQBDJPTTPDJBMFTBVUÍOUJDBT NJOBTEFPSPQBSBMBTFNQSFTBT VERÓNICA VICENTE WWJDFOUF!NJOVUPTFT!WFSPOJDBWJDFOUF NJMMPOFTEFFTQBÕPMFTFO USBOUPEPTMPTEÑBTFO'BDF CPPLJOEJTDVUJCMFFNQFSBUSJ[ NVOEJBMEFMBTSFEFTTPDJBMFT RVFTFQSFQBSBBIPSBQBSBTFS VOCBODPUBNCJÍOFO&VSPQB *OTUBHSBNQSPQJFEBEEFM HSVQPEF.BSL;VDLFSCFSH EFTEFBHSVQBBVOBDP NVOJEBENVOEJBMEFNJ MMPOFTEFQFSTPOBTPDIPNJ MMPOFTEFVTVBSJPTBDUJWPTBM NFTTPMPFO&TQBÕB-BSFEEF GPUPHSBGÑBOPEFKBEFTVNBS BEFQUPTZBTPNBDPNPVOBEF MBTNÆTJNQPSUBOUFTFTUFBÕP "FTUBTBMUVSBTOBEJFTFBUSF WFBDVFTUJPOBSFMJONFOTPQP UFODJBMEFMBTSFEFTQBSBMPT BOVODJBOUFTRVFTFHÜOMPTFY QFSUPTTFHVJSÆDSFDJFOEPFTUF BÕP5PEBTMBTNBSDBTRVJF SFOTVSBUJUPEFHMPSJBFOMPTEJ HJUBMJ[BEPTQBUJPTTPDJBMFT j"MMÑEPOEFFTUÆFMVTVBSJP PCKFUJWPEFVOBNBSDBTVUBS HFU QVFEFIBCFSVOBPQPSUV OJEBEQBSBHFOFSBSJNQBD UPTSFMFWBOUFTTVTDFQUJCMFT EFDPOWFSUJSTFFODPOWFSTJP OFTDBQUBDJÖOEFWFOUBT ZB TFBVOBQSJNFSBBTPDJBDJÖO DPOMBNBSDBMBQSPNPDJÖOEF OVFWPTQSPEVDUPTPMBGJEFMJ [BDJÖOEFMQÜCMJDPRVFZBMPT DPOTVNF$VBMRVJFSBOVO DJBOUFEFCFDPNPNÑOJNP DPOTJEFSBSMBTSFEFTUBOUPFO TVTFTUSBUFHJBTEFDPOUFOJEPT DPNPFOFMBTQFDUPQBHBEPx FYQMJDBB NJOVUPT.+$B DIÖOFTQFDJBMJTUBFO4&0Z NBSLFUJOHPOMJOF .BCFM$BKBM$PNNVOJUZ.B OBHFSFTQFDJBMJ[BEBFONBSLF UJOHUVSÑTUJDPEFTUBDBDVBUSP DBSBDUFSÑTUJDBTEFMBTSFEFTTP DJBMFTRVFMBTEJGFSFODJBODPNP VO DBOBM EF DPNVOJDBDJÖO BUSBDUJWPj"USBWÍTEFFMMBTMBT NBSDBTUJFOFOMBQPTJCJMJEBEEF JOUFSBDUVBSEFNBOFSBEJSFD UBDPOTVTVTVBSJPTQVEJFOEP PGSFDFSVODBOBMEFBUFODJÖO FOHBHFNFOUZGFFECBDLEFHSBO WBMPSTVTVTVBSJPTTFDVFOUBO QPSNJMMPOFTZOPQBSBOEFDSF DFSTFQFSGFDDJPOBODPOTUBO UFNFOUFPGSFDJFOEPOVFWPT TFSWJDJPTZGPSNBUPTZGJOBM NFOUFMBTQPTJCJMJEBEFTEF TFHNFOUBDJÖOQBSBMPTBOVO DJPTTPOJONFOTBTx .JMMÆO#FS[PTBQSPGFTPSEF 1FSJPEJTNP%JHJUBMFOMB6OJ WFSTJEBE'SBODJTDPEF7JUPSJB BTFHVSBRVFDPOTPMJEB SÆFMOPWJB[HPQFSPQSFWÍVO DBNCJPFOFMQBQFMRVFKVFHBO MBTNBSDBTFOFTUPTFTDFOB SJPTj&OMVHBSEFRVFSFSFTUBS FOUPEBTMBTSFEFTMPTBOVO DJBOUFTFTUÆOBIPSBEBOEPFM TBMUPBQSFPDVQBSTFWFSEBEF SBNFOUFQPSDÖNPMPTVTVB SJPTVUJMJ[BODBEBSFEZFOGVO DJÖOEFFTPBEBQUBSTVFTUSBUF HJBZTVMFOHVBKFFJODMVTP QBSUJDJQBSDPNPVOBDUPSNÆT EFOUSPEFMBDPOWFSTBDJÖOTJO PMWJEBSTVQBQFMDPNPNBSDBT DMBSPxBTFHVSB -BQPEFSPTBIJTUPSJBEFBNPS FOUSFMBQVCMJDJEBEZMBTSFEFT EJPVOWVFMDPDPOMBMMFHBEB EFMNBSLFUJOHEFJOGMVFODJB FTUPFTJEFOUJGJDBSBMÑEFSFT EFPQJOJÖORVFJOGMVZFOFOTVT DPNVOJEBEFTjQBSBRVFOPT BZVEFOBUSBOTNJUJSEFGPSNB DFSDBOBOBUVSBMZFTQPOUÆOFB OVFTUSPTNFOTBKFTEFDPNVOJ DBDJÖOxBQVOUB7JMNB/ÜÕF[ FYQFSUBFONBSLFUJOHEJHJUBM &TUBTGJHVSBTSFGFSFODJBMFTTPO MPTDPOPDJEPTFOSFEFTDPNP JOGMVFODFSTZPVUVCFSTCMP HVFSPTJOTUBHSBNFSTQFSJP EJTUBTEFQPSUJTUBTDFMFCSJUJFT (SBDJBTBFMMPTMBTNBSDBTMP HSBOjDPOFDUBSDPOMPTVTVB SJPTFOQPTJUJWPxBGJSNB#FS[P &/$*'3"4 '+& NJMMPOFTEFVTVBSJPTEF *OTUBHSBNVUJMJ[BOBEJB SJPMBTA4UPSJFTMBTQVCMJ DBDJPOFTFGÎNFSBTRVF EVSBOFOMÎOFBIPSBT (& EFMDPOUFOJEPFGÎNFSP FO*OTUBHSBNNPUJWBMB JOUFSBDDJÓOEFVTVBSJPT NFEJBOUFNFOTBKFEJ SFDUP-BUFSDFSBQBSUF EFMPTDPOUFOJEPTFGÎNF SPTNÃTWJTUPTFOMBSFE TPDJBMTPOEFFNQSFTBT '+ NJMMPOFTEFFTQBÒPMFT DPOTVMUBO'BDFCPPLB EJBSJPEFTEFTVNÓWJM-B DJGSBNVOEJBMTPO NJMMPOFTEFVTVBSJPT .+ EFMPTFTQBÒPMFTDPO SFEFTTPDJBMFTTJHVFOJO GMVFODFSTTFHÙOFM&TUV EJP"OVBMEF3FEFT4P DJBMFTEF*"#4QBJO ,+ EFMPTFTQBÒPMFTDPO SFEFTTPDJBMFTEFDMBSBO RVFÊTUBTJOGMVZFSPOFO TVTDPNQSBTPOMJOFEFT UBDBOEPDPNPSFEQSJO DJQBM'BDFCPPL NJMMPOFTEFQFSTPOBTDPOTVMUBO'BDFCPPLBEJBSJPEFTEFDVBMRVJFSQMBUBGPSNB+03(&1"3±4 TBj-BPCTFTJÖOQPSNFEJSMP UPEPFOOÜNFSPTDPOWJFSUFFM UFSSFOPQVCMJDJUBSJPFOVOB TVFSUFEFEJDUBEVSBEFMBTFTUB EÑTUJDBTQFSPIBZDPTBTRVF FTEJGÑDJMNFEJSDPNPFMFOHB HFNFOUDPOFYJÖO &TUPTFUJF OFRVFWBMPSBSDVBMJUBUJWBNFO UFRVFIBCMFOCJFOEFUVNBS DB "RVÑ FT EPOEF MPT JOGMVFODFSTKVFHBOVOQBQFMSF MFWBOUFQPSRVFDPOFDUBODPO TVBVEJFODJBFOUÍSNJOPTEF DSFEJCJMJEBEZEFSFQVUBDJÖO oTJBMHVJFOSFDPNJFOEBBMHPFT QPSRVFFTFBMHPMFIBDPOWFO DJEPQSFWJBNFOUFo&MNBSLF UJOHEFMPTJOGMVFODFSTWBBJSB NÆTFTUFx &OFTUFUJQPEFNBSLFUJOH'B DFCPPL*OTUBHSBNZ:PVUVCF TFSÆOMPTMÑEFSFTEFMOVFWPDVS TPj5XJUUFSFTUÆVOQPDPNÆT FOIPSBTCBKBTZDPOMBJODFS UJEVNCSFEFTJTFSÆGJOBMNFO UFWFOEJEBPOPxEJDF$B DIÖORVFSFDVFSEBOPQFSEFS EFWJTUBPUSBTSFEFTjBÜOFO DSFDJNJFOUPDPNP4OBQDIBU P1JOUFSFTUDBUBMPHBEBDPNP SFEEFOJDIPx &ODVBOUPBMPTGPSNBUPTTJ ZIBOTJEPMPTBÕPT EFMWÑEFPZFMTUSFBNJOH4OBQ DIBUZ'BDFCPPL-JWF EFMBT DPOPDJEBT4UPSJFToQVCMJDBDJP OFTDPOVOBWJEBPOMJOFEF i&OMPTWÎEFPTFMSFUPFT DSFBSDPOUFOJEPTEFHSBO DBMJEBERVFQPUFODJFO OVFTUSBTDPOWFSTJPOFTZ OPTBZVEFOBDPOFDUBSw VILMA NÚÑEZ &TQFDJBMJTUBFO.BSLFUJOH%JHJUBM IPSBTo4OBQDIBUF*OTUBHSBN PEFMBTJOOPWBDJPOFTFODIBUT 'BDFCPPL.FTTFOHFSZMPT NFOTBKFTEJSFDUPTFOHSVQP RVF JOUSPEVKP 5XJUUFS QBSB DPNQFUJSDPO8IBUTBQQ FM QSPUBHPOJTUBJOEJTDVUJCMFEF TFSÆFMWÑEFPZFOFTQFDJBM FMWÑEFPTUSFBNJOH &OFTUFFTDFOBSJPjTFHVJSÆO FYJTUJFOEPWÑEFPTWJSBMFTZEJ WFSUJEPTQFSPDPNPNBSDBTFM SFUPFTUÆFODSFBSDPOUFOJEPT EFHSBODBMJEBERVFQPUFO DJFOOVFTUSBTDPOWFSTJPOFT ZRVFOPTBZVEFOBDPOFDUBS EFVOBGPSNBNÆTFTQPOUÆ OFBZDFSDBOBDPOOVFTUSBBV EJFODJBxEJDF7JMNB/ÜÕF[ ;VDLFSCFSHOPQJFSEFFMUJFN QPZTFIBNFUJEPFOIBSJOB 'BDFCPPLZBFTUÆIBDJFOEP FOTBZPTDPOBOVODJPTFONJ UBEEFMPTWÑEFPT 20MINUTOS%JWFOESFTEFHFOFSEFMV %JWFOESFTEFHFOFSEFM20MINUTOS VI :Ë7:;B7FK8B?9?:7:<EHE(&C?DKJEI %FJ[EBBEDIB*TJEPSP.BSUÑOF[/))PUFM(SPVQ 3PESJHP4JNBODBT&26.&%*" "OBCFM7BSFMB0.% ©MWBSP.PSBMFT$BSBU .JLFM-FLBSP[;PEJBL Z)PSUFOTJB'VFOUFT %JSFDUPSB(FOFSBMEF#MVF.FEJB +03(&1"3±4 ?DDEL79?ÏD" :;9?I?L7;D ;BxN?JE:;B7 FK8B?9?:7: &YQFSUPTEFCBUFO TPCSFJOOPWBDJÖOZ QVCMJDJEBEFOVO 'PSPPSHBOJ[BEPQPS FMEJBSJPNJOVUPT Z#MVF.FEJB C.RIZZO / V. VICENTE 1/%!NJOVUPTFT {)BDBNCJBEPMBGPSNBEF IBDFSQVCMJDJEBEFO&TQB ÕB {-BQVCMJDJEBEZMBJO OPWBDJÖOTFMMFWBOCJFODP NPUÍSNJOPT {$VÆMFTTFSÆO MBTUFOEFODJBTBDPSUPZMBS HPQMB[P .ÍUSJDB%BUBBOÆMJTJTMB PNOJQSFTFOUFQSPHSBNÆUJDB MBUFDOPMPHÑBBMTFSWJDJPEFMB DPNQSBIFSSBNJFOUBTDPNP FMWÑEFPFMBOTJBEPNVMUJEJT QPTJUJWPDPOFMRVFMMFHBSBM DPOTVNJEPSTPOBMHVOPT EFMPTUFNBTRVFTFUSBUBSPO BZFSFOFM'PSPEF1VCMJDJEBE F *OOPWBDJÖO EFM EJBSJP NJOVUPTZ#MVF.FEJB&O FMDPMPRVJPRVFIBDPOUBEP DPO FM QBUSPDJOJP EF MBT BHFODJBT$BSBU&26.&%*" 0.%Z;PEJBL"EWFSUJTJOH FO&TQBÕBIBOQBSUJDJQBEP EJGFSFOUFTPQFSBEPSFTRVF USBCBKBOFOFMNFSDBEPEFMB QVCMJDJEBE6OTFDUPSFOFM RVFUBNCJÍOTPODSVDJBMFT MPTFRVJQPTRVFNVDIBTWF DFTTFFODBSHBOQSFDJTBNFO UFEFRVFMPTQSPZFDUPTJOOP WBEPSFTTVSKBO&OFTUFTFO UJEP )PSUFOTJB 'VFOUFT EJSFDUPSBHFOFSBMEF#MVF .FEJBZNPEFSBEPSBEFM'P SPRVJTPSFDPSEBSMBTQBMB CSBTEFVOPEFMPTHSBOEFT JOOPWBEPSFTEFMTJHMPQBTB EP4UFWF+PCTj-BJOOPWB DJÖOOPUJFOFOBEBRVFWFS DPODVÆOUPTEÖMBSFTIBTJO WFSUJEPFO*%$VBOEP"QQ MFBQBSFDJÖDPOFM."$*#. HBTUBCBBMNFOPTDJFOWF DFTNÆTFO*%/PFTVOUF NBEFDBOUJEBEFTTJOPEFMB HFOUFRVFQPTFFTDÖNPMFT HVÑBTZDVÆOUPPCUJFOFTx INNOVACIÓN Y PUBLICIDAD j4JOPJOOPWBTUBSEFPUFN QSBOPEFTBQBSFDFTxFYQMJDÖ .JLFM-FLBSP[EJSFDUPSEF ;PEJBL"EWFSUJTJOHFO&TQB ÕB-BJOOPWBDJÖOFTVOBOF DFTJEBEZVOBDVFTUJÖOFT USBUÍHJDBjEFDVBMRVJFSFN QSFTBRVFRVJFSBFTUBSFO FTUFFOUPSOPxJOTJTUJÖ1F SPMÖHJDBNFOUFUPEPOPWBMF 3PESJHP4JNBODBT%JSFDUPS $PNNVOJDBUJPO1MBOOJOH Z"OBMÑUJDBEF&26.&%*" DPNFOUÖRVFIBZRVFEFT DBSUBSBRVFMMBTjRVFOPWB MFOBCTPMVUBNFOUFQBSBOB EBPRVFFTUÆOEJTQPOJCMFT QFSPRVFIBZDMJFOUFTRVFOP WFOVOBWJBCJMJEBEBMBIP SBEFBQMJDBSMBTBTVEÑBB EÑBx&TEFDJSVOBJOOPWB DJÖOQFSTFOPTJSWFjTJMVFHP OPWBBM30*PTJOPNFHFOF SBDPOWFSTJPOFTUSÆGJDPOP UPSJFEBEyx*ODPSQPSBSNF KPSBTFOFMTFDUPSQVCMJDJUB SJPOPTPMPFTQPTJCMFBUSBWÍT EFMBUFDOPMPHÑB)BZRVFUF OFSFODVFOUBFMDBQJUBMIV NBOPj6OBDVFTUJÖOEFJO WFSUJSFOQFSTPOBTxBÕBEF -FLBSP[ &OFMDBTPQPSFKFNQMPEFM EFQBSUBNFOUPEFNBSLFUJOH EF/))PUFM(SPVQTFIBO DFOUSBEPFODSFBSVOFRVJQP EFQFSGPSNBODFNBSLFUJOH QPSRVFVOBQBSUFDBEBWF[ NÆTJNQPSUBOUFEFTVOFHP DJPWBBIÑ4POQVOUFSPTBOJ WFMNVOEJBMZIBOEFTBSSP -BSFWPMVDJÖOEFM NFUBCVTDBEPS ●●● -PTNFUBCVTDBEPSFT IBOTJEPMPTHSBOEFTSFT QPOTBCMFTZDBNCJBEPSFT EFMBGPSNBFOMBRVFMB BVEJFODJBCVTDBFOFM NFSDBEPj5PEPTMPT NBSLFUQMBDFTIBOUSBOT GPSNBEPSBEJDBMNFOUFMB NBOFSBFOMBRVFMBHFOUF DPOTVNFZDPNQSB4F USBUBEFVOFMFNFOUPRVF BMGJOBMBCTPSCFQBSUFEF UVHBTUPQVCMJDJUBSJPxFY QMJDBFMFYQFSUP*TJEPSP .BSUÑOF[EFMB&TDBMFSB $IJFG.BSLFUJOH0GGJDFS /))PUFM(SPVQ MMBEPDPTBTFTQFDÑGJDBTDPO MPTJOHFOJFSPTEF(PPHMFFO &TUBEPT6OJEPTj$BEBEÑB OPTMFWBOUBNPTQPSMBNB ÕBOBQFOTBOEPFORVÍFTMP QSÖYJNPRVFQPEFNPTIBDFS FJOUFOUBNPTTBMJSEFOVFT USB [POB EF DPOGPSU QBSB BWBO[BSxDPNFOUB*TJEPSP .BSUÑOF[$IJFG.BSLFUJOH 0GGJDFSFO/))PUFM(SPVQ -PRVFFOQBMBCSBTEF-FLB SP[FTjBVUPEJTSVDDJÖOx0MP RVFFTMPNJTNPUÜFSFTFM QSPQJPDBOJCBMJ[BEPSEFUV UFDOPMPHÑB"MHPRVFIBIF DIPTJFNQSF.BSL;VDLFS CFSHFOMBSFETPDJBM'BDF CPPLj-MFWBJOOPWBOEPUP EBMBWJEBJODMVTPDVBOEPMF WBOCJFOMBTDPTBT&TVOBGJ MPTPGÑB OFDFTBSJB BDUVBM NFOUFxTFOUFODJÖFMEJSFD UPSEF;PEJBL1FSPOPFTMB ÜOJDBjFTNVZJNQPSUBOUF MBJOUFHSBDJÖOFOUSFEFQBSUB NFOUPTxBQVOUÖ"OBCFM7B SFMB)FBEEFF&TUSBUFHJBF *OOPWBDJÖO FO 0.% -PT FRVJQPTEFCFOFTUBSBMJOFB EPTFOUSFTÑ*ODMVJSDJFSUBT EJOÆNJDBTJOUFSOBTjFOMBT RVFTFDPNQBSUBOPQJOJPOFT FJORVJFUVEFTxNBUJ[Ö©MWB SP.PSBMFT)FBEPG%JHJUBM EF$BSBU%VSBOUFNVDIPT BÕPTFOMBTBHFODJBTMBUFO EFODJBFSBDSFBSTJMPTFOUPS OPBMPTEFQBSUBNFOUPTEF JOOPWBDJÖOZDSFBUJWJEBE%F UBMGPSNBjRVFTPMPFMMPTQP EÑBOIBDFSFTFUSBCBKPx4JO FNCBSHP.PSBMFTDPOUÖRVF FO$BSBUjMBJOOPWBDJÖOTF EJTUSJCVZFFOUSFDVBMRVJFS FNQMFBEPEFNBOFSBRVFFT UBOPTÖMPWJFOFEFVOFQJ DFOUSPTJOPRVFUPEPFMNVO EPTFTJFOUFQBSUÑDJQFZOFDF TBSJPx &MPUSPQJMBSJOEJTQFOTBCMF TPO MPT BOVODJBOUFT RVF 1"4""1¦(*/"4*(6*&/5& 20MINUTOS%JWFOESFTEFHFOFSEFM VII :Ë7:;B7FK8B?9?:7:<EHE(&C?DKJEI &/$*'3"4 *", EFM1*#FVSPQFPFTMP RVFHFOFSBMBJOEVTUSJB QVCMJDJUBSJB-PRVFTF USBEVDFFODBTJTFJTNJ MMPOFTEFQVFTUPTEFUSB CBKP +& EFMDPOTVNPEFMPT DPOUFOJEPTJOGPSNBUJ WPTRVFMFFMPTVTVBSJPT FOJOUFSOFUTFIBDFB USBWÊTEFEJTQPTJUJWPT NÓWJMFT )& DSFDFSÃMBDPNQSBEF QVCMJDJEBEQSPHSBNÃUJ DBRVFQFSNJUFJNQBD UBSBMUBSHFUJOEJDBEPFO FMNPNFOUPNÃTPQPS UVOPFO&TQBÒBEVSBO UF (&'/ FMWÎEFPRVFTFDPOTVNB BUSBWÊTEFMTNBSUQIP OFTPUBCMFUBTTVQPOESÃ FMEFUPEPFMUSÃGJDP HMPCBMEFEBUPTNÓWJMFT 7*&/&%&1¦(*/""/5&3*03 RVJFSFODPOTFHVJSVOJNQBD UPFOWFOUBTBDPSUPZNFEJP QMB[PBEFNÆTEFDPOTUSVJS VOBJNBHFOEFNBSDBRVF QFSEVSFFOFMUJFNQPj"EÑB EFIPZDVBMRVJFSEJSFDUPSEF NBSLFUJOHFOUJFOEFFGJDJFO DJBZBOBMÑUJDBMPRVFTVDFEF FTRVFBWFDFTMBJOOPWBDJÖO FTUÆDPNPQBTPTNÆTBMMÆx DPNFOUÖ .BSUÑOF[ : VO IBOEJDBQEFFTBJOOPWBDJÖO FTRVFjBQSJPSJOPTFQVFEF NFEJSUBOUPZUBOCJFODP NPQBTBCBDPOMBQVCMJDJEBE DPOWFODJPOBMxFYQMJDB.P SBMFTj&MBOVODJBOUFRVFFT FMRVFUJFOFFMQSFTVQVFTUP RVJFSFUFOFSNVZDMBSPFO RVÍTFMPFTUÆHBTUBOEPxBTF WFSBFMEJSFDUPSHFOFSBMEF NBSLFUJOHEF/)-BSFDP NFOEBDJÖO RVF MBO[B FM )FBEPG%JHJUBMEF$BSBUFT BEBQUBSFMSJUNPEFJOOPWB DJÖOZBDFMFSBDJÖOBMOJWFMEFM NFSDBEPj.VDIBTWFDFTFM IFDIPEFRVFSFSDPSSFSBOUFT EFBOEBSQSPWPDBJODFSUJ EVNCSF FO FM BOVODJBOUF RVFFDIBFMGSFOPZOPTFGÑBx 1PSFTUFNPUJWPjIBDFGBMUB VOFKFSDJDJPEFWBMFOUÑBQPS QBSUFEFMPTDMJFOUFT/PTÖMP QPSBSSJFTHBSQBSUFEFMQSFTV QVFTUPFOBMHPRVFOPTFIB *TJEPSP.BSUÎOF[ $IJFG.BSLFUJOH0GGJDFS/))PUFM(SPVQ 3PESJHP4JNBODBT %JSDPN1MBOOJOHZ"OBMÎUJDBEF&26.&%*" "OBCFM7BSFMB )FBEEF&TUSBUFHJBF*OOPWBDJÓOFO0.% )FBEPG%JHJUBMEF$"3"5 %JSFDUPSEF;PEJBL"EWFSUJTJOHFO&TQBÒB %JSJHFFMEFQBSUBNFOUPEF "OBMÎUJDBF*OWFTUJHBDJÓOZ HFTUJPOBMPTEFQBSUBNFOUPT EF1MBOJGJDBDJÓOFOQSPZFD UPTEFOVFWPOFHPDJP i-BQVCMJDJEBEIBEFKB EPEFTFSVOFMFNFOUP JOGPSNBUJWPQBSBTFSVO NFOTBKFNÃTEJGVTPw i*OOPWBSQFSTÊOPTJSWF TJMVFHPOPWBBM30*TJ OPHFOFSBDPOWFSTJÓO USÃGJDPOPUPSJFEBEw i.FJOUFSFTBOMBT QFSTPOBTQPSRVFTPO FMMBTRVJFOFTBTVNFOZ VUJMJ[BOMBUFDOPMPHÎBw i1BSBJOOPWBSUBNCJÊO IBDFGBMUBRVFFMQSPQJP DMJFOUFSFBMJDFVO FKFSDJDJPEFWBMFOUÎBw i*OOPWBSOPTPMPUJFOF RVFWFSDPOFMEJOFSP UBNCJÊODPOFMDBQJUBM IVNBOPMBTQFSTPOBTw i&O/)BIPSBOVFTUSP FRVJQPEFQFSGPSNBODF NBSLFUJOHFTQVOUFSPB OJWFMNVOEJBMw i&TNVZJNQPSUBOUFMB MBCPSEFGPSNBDJÓOEFM DMJFOUFTPCSFUPEPFO MBQBSUFBOBMÎUJDBw i-BTNBSDBTTPO SFMFWBOUFTQFSPFMTFDUPS FTUÃEPNJOBEPBWFDFT QPSFMDPSUPQMBDJTNPw i-BBDFMFSBDJÓOIBZ RVFBEBQUBSMBBMOJWFM EFNBEVSBDJÓOEFM NFSDBEPDPODSFUPw i&MWÎEFPTFSÃFMHSBO GPSNBUPEFMGVUVSPQPS TFSDSFBUJWPZEF JNQBDUPBVEJPWJTVBMw i/PDSFPRVFIBZB OJOHÙOBOVODJBOUFRVF OPFTUÊQSFQBSBEPQBSB MBJOOPWBDJÓOw i4FFTUÃOJNQPOJFOEP FMCSBOEFEDPOUFOURVF BUSBFBMQÙCMJDPDPOTVT QSPQJPTDPOUFOJEPTw i-BJOOPWBDJÓOOPWBMF TJFNQSFQBSBUPEBTMBT NBSDBTIBZRVFFYQMPSBS CJFOBMDPOTVNJEPSw i.FKPSBSZQSPHSFTBSFM BMHPRVFTFJNQPOFFO UPEPTMPTDBNQPTOP TPMPFOFMUFDOPMÓHJDPw i-BOFCVMPTBRVFSPEFB MBDSFBUJWJEBEFOMB QSPHSBNÃUJDBTFSÃMB QSÓYJNBGSPOUFSBw i-PTNBSLFUQMBDFTIBO USBOTGPSNBEPEFGPSNB SBEJDBMMBNBOFSBFO RVFMBHFOUFDPNQSB ZDPOTVNFw i-BJOOPWBDJÓOIBSÃRVF NÃTHFOUFQBSUJDJQFEF MBFYQFSJFODJBEFNBSDB BUSBWÊTEFMBSFBMJEBE WJSUVBMFMTUSFBNJOHw i1PEFNPTIBDFSVOB QJF[BNBSBWJMMPTBRVF TJOPMBEBNPTFOFM NPNFOUPBEFDVBEP IBCSFNPTGSBDBTBEPw i-BTFNQSFTBTEFCFO DSFBSEJOÃNJDBTQBSB DPNQBSUJSPQJOJPOFTEF EFQBSUBNFOUPTOPDSFBS TJMPTEFDSFBUJWJEBEw i-BDMBWFEFM#JH%BUB FTMPQSFEJDUJWPRVFMBT NÃRVJOBTOPTEJHBO RVÊQVFEFRVFSFS BMHVJFORVÊMFHVTUBw DÑBBOUFSJPSNFOUFTJOPQPS RVFTFHVSBNFOUFOPMPQPESÆ NFEJSMBQSJNFSBWF[RVFMP IBHBDPNPTÑMPIBDÑBBO UFTxDPODMVZF.PSBMFT -BJOOPWBDJÖOEFCFEFTFS EFNBOFSBDPOUSPMBEBj)BZ RVFFYQMPSBSCJFOBMDPOTV NJEPSBMRVFOPTEJSJHJNPTx NBUJ[B7BMFSBRVJFOBQVOUB RVFjMBJOOPWBDJÖOOPFTWÆ MJEBQBSBUPEBTMBTNBSDBTx &OMBBDUVBMJEBEMPTVTVB SJPTTPONÆTNÖWJMFTNVMUJ EJTQPTJUJWPTZNVMUJQBOUB MMBT:BMGJOBMDPNPBQVO UB.BSUÑOF[jUPEPTFOFTUF NFSDBEPWJWJNPTFOVOBJMV TJÖORVFTFSFTPMWFSÆFOMPT QSÖYJNPTBÕPTFMNVMUJEJT QPTJUJWPx1FOTBOEPFOFMGV UVSP7BMFSBBÕBEFRVFUPEBT MBTQPTJCJMJEBEFTRVFFTUÆO jBIÑBIPSBNJTNPFTUÆOQB SBFYQMPSBSMBT"MHVJFOUFO ESÆRVFTFSFMQSJNFSPBTÑ RVFTFBNPTNBSDBTNFEJPT ZBOVODJBOUFTWBMJFOUFTx CRECIMIENTO DE LA PROGRAMÁTICA IBDPTUBEPNVDIPTFSBDFQ UBEPQPSRVFBMQSJODJQJPFSB WJTUPjDPNPJOWFOUBSJPOPWFO EJEPxDPNFOUBSPOMPTFYQFS UPTEVSBOUFFM'PSP&OFTUF TFOUJEPFMQSÖYJNPQBTPBEF UFSNJOBSTFSÆjMBOFCVMPTBRVF IBZBMSFEFEPSEFMBDSFBUJWJEBE FOFMQVCMJDJEBEQSPHSBNÆUJ DBxDPNFOUB-FLBSP["IPSB NJTNPVOBEFMBTWFOUBKBTEF MPTNFEJPTDPOWFODJPOBMFT GSFOUFBMBQVCMJDJEBEQSPHSB NÆUJDBFTRVFQSFDJTBNFOUF FOFMMPTTFQVFEFBKVTUBSNV DIPNFKPSMBDSFBUJWJEBEEFMBT DBNQBÕBT*OOPWBDJÖOZQSP HSBNÆUJDBWBOJOFWJUBCMFNFO UFEFMBNBOPj)BZRVFWFSDÖ NPTFEFGJFOEFEFMBFWPMVDJÖO EFMDPOTVNJEPSZEFFTFCPSSB EPSEFDPPLJFTRVFZBFTUÆFO VOPMPTBECMPDLFSTRVF ZBFTUÆOFOVOVOBTJ UVBDJÖORVFUPEBWÑBUFOFNPT RVFTPMWFOUBSEFBRVÑBMGVUV SPZRVFOPTIBSÆJOOPWBSx DPODMVZF4JNBODBT 6ODÖDUFMEFFMFNFOUPT EFGJOFFMGVUVSPEFMB JOOPWBDJÖOFOQVCMJDJEBE &MBVNFOUPFOFMOÜNFSPEF EJTQPTJUJWPTNÖWJMFTZFMJODSF NFOUPFOFMUJFNQPNFEJPEF VTPFTVOGJMÖOQBSBMBJOEVTUSJB RVFMBTBHFODJBTOPQVFEFOQB TBSQPSBMUPTFSÆFMBÕPEF MBQVCMJDJEBEQSPHSBNÆUJDBFO UPEPFMNVOEP1FSP{RVÍFT MBQSPHSBNÆUJDB j-BFWPMVDJÖO EFMNPEFMPEFDPNQSBWFOUB EFMBQVCMJDJEBERVFFOTVFUB QBEJHJUBMOPUVWPVOBBVUÍO UJDBUSBOTGPSNBDJÖOxFYQMJDB -FLBSP[%JHBNPTRVFOPTF BQSPWFDIBSPOUPEBTMBTWFO UBKBTRVFPGSFDÑBMBUFDOPMPHÑB QBSBDPNQSBSEFVOBGPSNB jFGJDB[FGJDJFOUFZFTDBMBCMFx {2VÍQFSNJUFFTUFUJQPEFQV CMJDJEBE *NQBDUBSBMVTVBSJP BEFDVBEPFOFMNPNFOUPQSF DJTPDPOFMEJTQPTJUJWPQFSGFD UPZDPOFMNFOTBKFBDPSEFB MPRVFCVTDB4JOFNCBSHPBM NPEFMPQSPHSBNÆUJDPRVFDP NFO[ÖIBDFVOPTBÕPTMF h "ZVEBBDMJFOUFTZNBSDBTB UFOFSÊYJUPFOFMFDPTJTUFNB EJHJUBMEFTBSSPMMBOEPDBNQB ÒBTRVFHFOFSBODPN QSPNJTPEFMVTVBSJPZ30* .JLFM-FLBSP[ )BPDVQBEPQVFTUPTEF%J SFDDJÓO(FOFSBMZEF.BSLF UJOHFOWBSJBTFNQSFTBTEF SFGFSFODJBFOTFDUPSFTEF $POTVNPZ.FEJB h h &O0.%BDBCBEFMBO[BSVO MBCPSBUPSJPEFJOOPWBDJÓOFO FMRVFDPOFDUBNBSDBTDPO TUBSUVQTQBSBDSFBSFMGVUVSP EFMBDPNVOJDBDJÓO ¦MWBSP.PSBMFT h -BQVCMJDJEBERVFWJFOFWBB FTUBSNBSDBEBQPSWBSJPTFMF NFOUPTBMPTRVFOPQFSEFSEF WJTUBTFHÜOEFTUBDBOMPTEJT UJOUPTFYQFSUPT1PSVOMBEP FTUÆMBQSPHSBNÆUJDBRVFWB BTFHVJSEBOEPEFRVÍIBCMBS BTÑDPNPMBNBOFSBFOMBRVF FMTFDUPSEFCFSÆJOOPWBSQBSB USBUBSFTBDBOUJEBEEFEBUPT 0USPFMFNFOUPJNQPSUBOUF TFSÆMB%BUBZQBSBFTPDPO WJFOFSFDPSEBSRVFjMB%BUBFT EFMVTVBSJP)BZRVFTBDBSMF QSPWFDIPDVBOUPNÆTGSFT DBNFKPSQPSRVFOPTWBBEBS NÆTJOGPSNBDJÖOxBTFHVSB .JLFM-FLBSP[EJSFDUPSEF ;PEJBL"WFSUJTJOH4QBJO 1PSPUSPMBEPFTUÆOjMBSFB MJEBEWJSUVBMZFMQPEFSPTMJWF 4FJOJDJÓFO1SJDF8BUFS)PVTF $PPQFST'VOEÓ'BDJMOFUVOP EFMPTQSJNFSPT*41TFO&TQB ÒB1SPGFTPSEFQVCMJDJEBE QSPHSBNÃUJDBFO*"# h TUSFBNJOHxTJOMPTRVFFMGVUV SPQVCMJDJUBSJPZBOPTFFO UJFOEFEFTUBDB3PESJHP4J NBODBTEF&26.&%*" "OBCFM7BSFMBEF*OOPWB DJÖOZ&TUSBUFHJBEF0.%IB DFIJODBQJÍFOFTUBJEFBZBTF HVSBRVFjMPTNFEJPTFTUÆO BIPSBNJTNPFYQMPSBOEPUP EPFMMJWFTUSFBNJOHQPSRVF TBCFORVFMBTOPUJDJBTQPS FKFNQMPBIPSBTFDPOTVNFO EFVOBGPSNBEJGFSFOUFx &MGVUVSPQBTBQPSNJSBSBM VTVBSJPZPCTFSWBSTVTIÆCJ UPTTVTGPSNBUPTQSFGFSJEPT FOUFOEFSDÖNPSFTQJSBQBSB TFSDBQBDFTEFJOOPWBSZDSFBS FTUSBUFHJBT RVF UFOHBO FO DVFOUBFTBGPSNBOPWFEPTB EFDPOTVNJSZDPNQSBS %JWFOESFTEFHFOFSEFM20MINUTOS VIII :Ë7:;B7FK8B?9?:7:H7:?E=H7<Ë7 ?DJ;HD;J"9?D;OJ;B;L?I?ÏD ?CFKBI7D;BI;9JEH UBMEFNJMMPOFTEFFVSPTj-B SB[ÖOEFMBVNFOUPEFMDJOFFT UÆFOMBUFMFWJTJÖOxFYQMJDB:BS [Bj4JBVNFOUBTMPTBOVODJPT FOUFMFWJTJÖOUBNCJÍOQVFEFT IBDFSMPFODJOFQPSRVFFMQSP EVDUPFTFMNJTNP&MDJOFUF QFSNJUFJNQBDUBSFOVOUBSHFU QÜCMJDPPCKFUJWP KPWFORVFEF PUSBGPSNBDVFTUBFODPOUSBSx &OFMMBEPEFMPTOÜNFSPT SPKPTEFTUBDBSPOMPTEPNJOJ DBMFT ZMBQSFOTB 4ÖMPMPTEPNJOJDBMFTUJF OFOFYDVTBj&TUFQPSDFOUB KFTFEFCFBRVFFMBÕPQBTBEP IVCPNVDIPTQSPEVDUPTEF EPNJOHPRVFEFKBSPOEFTFS MPZFNQF[BSPOBWFOEFSTFDP NPSFWJTUBT%FBIÑFTFQPS DFOUBKFUBOCBKP&MBÕPQSÖYJ NP MBT DJGSBT OP TFSÆO UBO -"$*'3" ($'(( NJMMPOFTTFJOWJSUJFSPOFOUFMF VOEFUPEPMPRVFTFEFTUJ OBFOQVCMJDJEBEFO&TQBÒB FRANCISCO ROUCO &MTFDUPSEFMBQVCMJDJEBEFTQB ÕPMBWPMWJÖBDFSSBSFMBÕPFODJ GSBTEFDSFDJNJFOUP&OMPT BOVODJBOUFTJOWJSUJFSPO NJMMPOFTEFFVSPTVONÆT RVFFOTFHÜOQSFWJTJP OFTEFMFTUVEJP*QRVFFMBCP SBO"SDF.FEJBZ.FEJB)PUMJ OF*OUFSOFU FMDJOF ZMBUFMFWJTJÖO JNQVMTBSPOFMTFDUPSBQFTBSEF MBTTPOPSBTDBÑEBTFOJOWFSTJÖO EFMPTEPNJOJDBMFT ZEF MBQSFOTBFTDSJUB SÍNPSBT DPOPDJEBTEFMTFDUPS&TMBUFS DFSBWF[DPOTFDVUJWBRVFMBTDJ GSBTNFKPSBODPOSFTQFDUPBM BÕPBOUFSJPSQFSPBHFODJBTZ NFEJPTIBOTFHVJEPEFDFSDBMB FWPMVDJÖOEFZTFBEJWJOB DJFSUBEFTB[ÖO &MNFSDBEPQVCMJDJUBSJPFOUSÖ FODSJTJTFOFOUPEPFM NVOEP4FHÜOMBDPOTVMUPSB /JFMTFO&TQBÕBJOJDJÖFM DPNPFMQBÑTFVSPQFPRVFNÆT SFEVKPTVJOWFSTJÖOQVCMJDJUB SJBDPOVOBQÍSEJEBEFM DVBOEPMBNFEJBFVSPQFBGVF EFM-BTJUVBDJÖOOPNF KPSÖIBTUBFMDVBOEPFN QF[ÖMBSFDVQFSBDJÖOBM BOVBMDJGSBRVFTFNBOUVWP UBNCJÍOFOTFHÜOEBUPT EFM*Q&OFMDSFDJNJFO UPIBCBKBEPBMZIBZDJFSUB QSFPDVQBDJÖOj&MNFSDBEPQV CMJDJUBSJPTFFTUÆSFDVQFSBOEP EFMBDSJTJTBTÑRVFEFTEFFTB QFSTQFDUJWBFMCBMBODFFTQPTJ UJWPxFYQMJDB&OSJRVF:BS[B QSFTJEFOUFEF.FEJB)PUMJOF j1FSPFOFMNFSDBEPIB DSFDJEPNFOPT'VJNPTEFNÆT BNFOPTDPODSFDJNJFOUPTEF IBTUBFMFOFMTFHVOEPUSJ NFTUSFQFSPIFNPTUFSNJOBEP FMBÕPDSFDJFOEPVO&TUB FTMBQBSUFQSFPDVQBOUFx -BTDJGSBTQPTJUJWBTEFMBJOWFS TJÖO QVCMJDJUBSJB FO &TQBÕB DPJODJEFODPOVOBNFKPSBEFM TFDUPSBOJWFMJOUFSOBDJPOBMTF HÜO FM NFEJP FTQFDJBMJ[BEP F.BSLFUFS4FHÜOTVTQSFWJTJP OFTFOBVNFOUBSPOMBTJO WFSTJPOFTVOBOJWFMHMPCBM TJCJFOTFUSBUBEFVOBNFEJBFO HBÕPTBFO-BUJOPBNÍSJDBFMDSF *NBHFOEFMBDBNQBÕB QVCMJDJUBSJBEFMBTFSJF/BSDPT RVF/FUGMJYDPMPDÖFOMB1VFSUB EFM4PM.BESJE +03(&1"3±4 -"$-"7& $ÓNPTFIBSFQBSUJEPFMOFHPDJP Evolución de la inversión publicitaria (mill. de €) 2.011 2.122 2015 604 2016 +3,1% VARIACIÓN TOTAL 540 393 562 473 327 388 219 320 41 28 216 36 TV Prensa Internet Radio 27 Exterior Revista Dominical CIne La publicidad display en internet (mill. de €) 43% 10% (54,7) 8% (40,8) RRSS Portales temáticos* (233,8) Prensa digital 21% (115,3) Otros** 5% (28,8) Portales generalistas 5% (26,8) Revistas digitales 5% (25,8) TV digital 3% (14,2) Radio dig. * Deportes, empleo, familiares, femeninos, finanzas, infantiles, inmobiliaria, juegos, motor, ocio, tecnología y viajes. ** Portales de apuntes universitarios y foros muy concurridos. Fuente: Índice de Inversión Publicitaria. Arce Media y Media Hotline )%&1&%30 -BTQSFWJTJPOFTBQVOUBOBRVFFO IBCSÆVOBEFDFMFSBDJÖOBVORVFTFHVJSÆO TJFOEPDJGSBTQPTJUJWBTTFSÆNFKPS DJNJFOUPGVFEFMEFM FO"TJB1BDÑGJDPNJFOUSBTRVF &VSPQBDFOUSBMZPDDJEFOUBMTF EFTNBSDÖDPOVODSFDJNJFOUP EFMFMNÆTCBKPEFUPEPFM FTUVEJP-BQSFWJTJÖOQBSB EFOVFTUSBSFHJÖOBQVOUBBVOB MFWFNFKPSÑBDJGSBRVFBV NFOUBSÆMJHFSBNFOUFFO FOMÑOFBDPOMPRVFFTQF SBFMTFDUPSFTQBÕPM $PNPWJFOFTJFOEPIBCJUVBM FMTPQPSUFRVFNÆTDSFDJÖFO GVFJOUFSOFUDPOVOBJO WFSTJÖOEFNJMMPOFTEFFV SPTVONÆTRVFFMBÕPQB TBEP4JOFNCBSHPMBUFMFWJTJÖO DPOUJOVÖTJFOEPFMDBOBMRVF NÆTEJOFSPSFDJCJÖEFMPTBOVO DJBOUFTNJMMPOFTEFFVSPT FMEFUPEPMPRVFTFJOWJFS UFFOQVCMJDJEBEFO&TQBÕB -B UFMFWJTJÖO BVNFOUÖ VO DPOSFTQFDUPBKVTUP QPSEFUSÆTEFMDJOFMBHSBOSFWF MBDJÖOEFMPTÜMUJNPTBÕPTMBJO WFSTJÖOFOQVCMJDJEBEFODJOF DSFDJÖFOUSFZVO FOFMDSFDJNJFOUP GVFEFMVOBJOWFSTJÖOUP FMFWBEBTxFYQMJDB:BS[B .ÆTBMMÆEFOVFWPTTPQPSUFTP EFDBNCJPTFOFMSFQBSUPEFMB UBSUBEFMBQVCMJDJEBEMPRVFJO RVJFUBBMBJOEVTUSJBFTMBWJTJÖO HMPCBM-BTQSFWJTJPOFTEFM*Q BQVOUBOBVODSFDJNJFOUPFO EFMFOQPTJUJWPQF SPMBDJGSBNÆTCBKBEFTEFRVFTF JOJDJÖMBSFDVQFSBDJÖOFO j/VFTUSBTQSFWJTJPOFTBQVOUBO BMBEFDFMFSBDJÖOFOQFSP UBNCJÍOBVOBSFDVQFSBDJÖO QBSBEFMxFYQMJDB:BS [B1BSBFMQSFTJEFOUFEF.FEJB )PUMJOFMBJOWFSTJÖOFOQVCMJ DJEBEEFQFOEFEFMDPOTVNPTJ TVCFFMDPOTVNPTVCFMBJOWFS TJÖOQVCMJDJUBSJB:OP BQVOUBBDSFDJNJFOUPjFO OPIBCSÆQBHBFYUSBBMPTGVO DJPOBSJPTZTVCJSÆFM*1$QPSFO DJNBEFMPTTVFMEPTBTÑRVFMB HFOUFUFOESÆNFOPTEJOFSPQB SBDPNQSBSZDPNPDPOTFDVFO DJBCBKBSÆMBJOWFSTJÖO&TVOB DPOTUBOUFRVFTFNBOUJFOFFO &TQBÕBEFTEFFMBÕP1FSPFO WPMWFSFNPTBTVCJSxDPO DMVZF:BS[B 4PCSFMPTDBOBMFTRVFBVNFO UBSÆOMBJOWFSTJÖOFOFMGVUVSP DFSDBOP:BS[BOPWFNVDIBT OPWFEBEFTJOUFSOFUjRVFJSÆ HBOBOEPQSPUBHPOJTNPBUSBWÍT EFMBSBEJPMBQSFOTBZMBUF MFWJTJÖOEJHJUBMFTxZMBUFMFWJ TJÖOjRVFBVNFOUBSÆUPEBWÑB NÆTTVJNQPSUBODJBx:DPNP DBOBMSFWFMBDJÖOMBQVCMJDJEBE FYUFSJPSRVFTVNBSÆBMPTZBDP OPDJEPTGPSNBUPTEFQBOFMFT VSCBOPTZNBSRVFTJOBTEFQB SBEBTEFBVUPCÜTMBTQBOUBMMBT EJHJUBMFTRVFQVFEFOWFSTFFO BMHVOPTQVOUPTDÍOUSJDPTEFWB SJBTDBQJUBMFT● 20MINUTOS%JWFOESFTEFHFOFSEFMIX %JWFOESFTEFHFOFSEFM20MINUTOS X :Ë7:;B7FK8B?9?:7:=EE=B; OEKJK8;0 CÏL?BO H;7B?:7: L?HJK7B .BSDBTZBOVODJBOUFT FODVFOUSBOFOFTUB QMBUBGPSNBEFWÑEFPT VOFTQBDJPFOFMRVF DPOFDUBSDPOTV BVEJFODJB PND 6OFTUVEJPSFDJFOUFFTUJNB RVFFOUSFVOZVOEFM DPOTVNPHMPCBMEFJOUFSOFU FOTFSÆBUSBWÍTEFWÑ EFP:FOMBBDUVBMJEBEZBTPO NÆTEFMEFMBTWJTJUBTB :PV5VCFMBTRVFTFIBDFO EFTEFEJTQPTJUJWPTNÖWJMFT &O&TQBÕBMPTEBUPTEFBV EJFODJBEF:PV5VCFFODPN QBSBDJÖODPOPUSPTNFEJPT JOEJDBORVFMPTDPOTVNJEP SFTIBOFODPOUSBEPFOMBQMB UBGPSNB FM DPOUFOJEP RVF CVTDBOZTFIBOBEBQUBEPB FTUBOVFWBGPSNBEFDPOTV NJSDPOUFOJEPFMEFMPT DJVEBEBOPTMBVTBIBCJUVBM NFOUFBMNFOPTVOBWF[BMB TFNBOB "EFNÆTTFHÜOFMFTUVEJP SFBMJ[BEPQPS#FMÍO#BSSFJSP EJSFDUPSBEF.Z8PSEZQSF TFOUBEPFMQBTBEPNFTEFPD UVCSFFO.BESJEIBZNÆT VTVBSJPT EF :PV5VCF RVF MFDUPSFTEFCMPHTEFQSFOTB FOQBQFMPEFSFWJTUBTZFT UÆBUBOTÖMPQVOUPTEFBM DBO[BSBMBSBEJPZBEFMB QSFOTBPOMJOF4JDPOTJEFSB NPTMPTVTVBSJPTIBCJUVBMFT ZPDBTJPOBMFT:PV5VCFTF QPTJDJPOB DPNP TFHVOEP NFEJPEFJOGPSNBDJÖOFO&T QBÕBUBOTÖMPEFUSÆTEFMBUF MFWJTJÖORVFTJHVFTJFOEPFM NFEJPMÑEFS 4JOEVEBMPTEBUPTJOEJDBO RVFMBBVEJFODJBTFNVFWFB :PV5VCFQFSP{QPSRVÍPDV SSFFTUP -BSFTQVFTUBFTDMB SBFO:PV5VCFFMVTVBSJPFMJ HFTVDPOUFOJEPFOFMNP NFOUPRVFRVJFSBZEFTEF /BUIBMJF4PQIJF1JDRVPU%JSFDUPSBEF#SBOEJOHZ"HFODJBTEF(PPHMF&TQBÕBEVSBOUFVOBQSFTFOUBDJÖO36#/7"$"4 DVBMRVJFSMVHBS4JBFTUPMF BÕBEJNPTRVFOPFYJTUFFOMB QMBUBGPSNB VO SBOHP EF UJFNQPEFGJOJEPDPNPQSJNF UJNFOPTFODPOUSBNPTBOUF VOBWFOUBOBBMNVOEPJEÖ OFBQBSBRVFMBTNBSDBTQP UFODJFOTVTQSPEVDUPTZP TFSWJDJPT j&TJNQPSUBOUFFTUBSQSF TFOUFFOMPTNJDSPNPNFOUPT FOMPTRVFFMVTVBSJPFTUÆSF DFQUJWPDVBOEPFTUÆWJFOEP TVWÑEFPGBWPSJUPFO:PV5V CF &T WJUBM DPNP NBSDB DBQUBSTVBUFODJÖOFOMPTNP NFOUPTQSFWJPTDPODSFBUJWJ EBEZPSJHJOBMJEBExTFÕBMB /BUIBMJF 4PQIJF 1JDRVPU "HFODJFT#SBOE%JSFDUPS EF(PPHMF&TQBÕB&OFTUF TFOUJEPIBCMBEFMGPSNBUP 5SVF7JFX RVF jFYJHF B MB NBSDBUSBCBKBSTVNFOTBKFZ DPNPBOVODJBOUFTPMPQB HBOTJIBIBCJEPJOUFSÍTFO TV BOVODJP FT EFDJS TJ FM VTVBSJPMPIBWJTUPIBTUBFMGJ OBMPTJIBIFDIPDMJDTPCSFFM NJTNPx%FTEFFMQVOUPEF WJTUBEFMVTVBSJPFTUFGPSNB UPEBMBPQDJÖOEFTBMUBSFM BOVODJPBMPTTFHVOEPT j.VDIPTQVFEFOQFOTBSRVF MPTVTVBSJPTEFDJEJSÆOFO UPODFTTBMUBSBCTPMVUBNFO UFUPEPTMPTBOVODJPTRVF BQBSF[DBOFO:PV5VCFQFSP OPFTBTÑZBRVFTJOEVEB QSFNJBOBMBDSFBUJWJEBEZ PSJHJOBMJEBEDPOMBRVFVOB NBSDBQSFTFOUBTVQSPEVDUPx DPODMVZF CÓMO ES LA AUDIENCIA :PV5VCFQSFWÍRVFEFOUSP EFVOQBSEFBÕPTFOUSFVO 6TVBSJPTQPSTFYP 53% Hombres 47% Mujeres 6TVBSJPTQPSFEBE 63% 35-65 años 37% Otros 6TVBSJPTQPSDMBTFTPDJBM 42% 28% Media 30% Media-alta y alta Mediabaja y baja ZVOEFMDPOTVNP HMPCBMEFDPOUFOJEPTPOMJOF TFSÆBUSBWÍTEFWÑEFPVOEB UPJNQPSUBOUFBMBIPSBEF FODPOUSBSBVOBQPUFODJBM BVEJFODJB 4FHÜOFMFTUVEJPEF#BSSFJ SPFMEFMPTVTVBSJPTUJF OFOFOUSFZBÕPTSFQSF TFOUBOEPDBTJFMEFMB QPCMBDJÖOUPUBM*HVBMNFOUF MBQMBUBGPSNBOPFOUJFOEFEF DMBTFTTJFOEPFMBCBOJDPEF VTVBSJPTNVZWBSJBEPFOFT UFBTQFDUPFMEFMPTDPO TVNJEPSFTTPOEFDMBTFTNF EJBTBMUBTZBMUBTFMEF DMBTFTNFEJBTZFMEFDMB TFTNFEJBTCBKBTZCBKBT 1PSÜMUJNPUBNQPDPFTUÆ EFGJOJEBTVBVEJFODJBQPS VOBDVFTUJÖOEFHÍOFSPZB RVFFMQPSDFOUBKFEFIPN CSFTZNVKFSFTRVFWFO:PV 5VCFBQFOBTTFEJGFSFODJBFO VOTJFOEPFMEFMPT VTVBSJPTNVKFSFTGSFOUFBVO EFBVEJFODJBEFHÍOFSP NBTDVMJOP UN PAPEL IMPORTANTE PARA LAS MARCAS 4BCFNPT RVF :PV5VCF FT VOBQMBUBGPSNBDPOVOBBV EJFODJBNVZBNQMJBEJWFSTB ZWFSTÆUJM4PNPTDPOTDJFO UFTEFRVFMBBVEJFODJBCVT DBIJTUPSJBTZRVF:PV5VCF FTVODPOUFOFEPSNBHOÑGJ DPQBSBFMMPDPOMBDBQBDJEBE EFDPOFDUBSZEFUSBOTGPSNBS BVEJFODJBT)FNPTWJTUPDÖ NPMBTSFEFTTPDJBMFTIBO TFSWJEPEFNPUPSQBSBEFUFS NJOBEPTNPWJNJFOUPTTPDJB MFTZDÖNP:PV5VCFMFTIB EBEPWP[ZGPSNB4BCFNPT EFBMHÜONPEPRVF:PV5V CFNVFWFFMNVOEP " USBWÍT EFM FTUVEJP EF .Z8PSEDPOPDFNPTUBN CJÍORVFFMVTVBSJPEF:PV 5VCFFTJORVJFUPDPOJOUFSF TFTDVMUVSBMFTQSPBDUJWPB MBIPSBEFWJTJUBSEJGFSFOUFT QÆHJOBTXFCBMBWF[RVFCVT DBJOGPSNBDJÖOEFTVJOUFSÍT RVFFTJOUFMJHFOUFZVOTFSTP DJBMMPRVFRVJFSFEFDJSRVF IBZBMUBTQSPCBCJMJEBEFTEF RVFDPNQBSUBVODPOUFOJEP RVFIBZBDPOTJEFSBEPJOUFSF TBOUFFOTVSFETPDJBM jZ3FBMJEBE7JSUVBMFT VOBEFMBTQSJODJQBMFTOPWF EBEFTUFDOPMÖHJDBTRVFMMF WBOBMBDSFBUJWJEBEBPUSPFT UBEJPFO:PV5VCFxTFÕBMB /BUIBMJF1JDRVPU1PSPUSPMB EPBEBQUBSMPTBOVODJPTQB SBMPTEJTQPTJUJWPTNÖWJMFT QBSFDFDMBWF 4FHÜOVOFTUVEJPEF:PV 5VCFFOFMBÕPFO&VSP QBFMUJFNQPRVFMBHFOUFEF EJDB B NJSBS :PV5VCF FO QBOUBMMBTEFUFMFWJTJÖOTFIB EVQMJDBEPNJFOUSBTRVFFM UJFNQPEFWJTVBMJ[BDJÖOEF WÑEFPTFONÖWJMFTIBBVNFO UBEPVOSFTQFDUPBMBÕP BOUFSJPS%FTEFMBDPNQBÕÑB OPTDPOGJSNBORVFMPTEB UPTFO&TQBÕBTPONVZTJNJ MBSFTZBVORVFOJOHVOPEF MPTEJF[BOVODJPTNÆTWJT UPTEFMBÕPFOOVFTUSPQBÑTTF EJTFÕBSPOQFOTBOEPFOTFS WJTUPTEFTEFFMUFMÍGPOPNÖ WJMFONVDIPTBOVO DJBOUFTFNQF[BSPOBUFOFS FODVFOUBMBSFBMJEBENVMUJ EJTQPTJUJWP (PPHMFSFUJSÖ NJMMPOFTEF NBMPTBOVODJPT EVSBOUF -PTBOVODJPTFOHBÕPTPTJOB QSPQJBEPTPEBÕJOPTQVFEFO BSSVJOBSMBFYQFSJFODJBEFMPT VTVBSJPTFOJOUFSOFU1SFDJTB NFOUFQBSBQSPUFHFSBMPTVTVB SJPTEFFTUBTQSÆDUJDBT(PPHMF UJFOFVOBTFTUSJDUBTQPMÑUJDBT RVFDPOUSPMBOMBNBMBQVCMJDJ EBE%FIFDIPTÖMPFOTF SFUJSBSPO NJMMPOFT EF BOVODJPTRVFJOGSJOHÑBOMBTQP MÑUJDBTQVCMJDJUBSJBTEFMBDPN QBÕÑBNÆTEFMEPCMFEFMBDBO UJEBESFUJSBEBFO /PFTDBTVBMTFEFCFBMPTFT GVFS[PTEF(PPHMFQPSNFKPSBS TVTTJTUFNBT1PSFKFNQMPFMQB TBEPNFTEFKVMJPTFWFUBSPOMPT BOVODJPTEFQSÍTUBNPTWJODV MBEPTBTVFMEPTRVFBNFOVEP UJFOFO DPNP DPOTFDVFODJB VOPTQBHPTJOTPTUFOJCMFTZBMUBT UBTBTEFNPSPTJEBEQBSBMPT VTVBSJPT1PSPUSPMBEPIBONF KPSBEPMBUFDOPMPHÑBQBSBEFUFD UBSZSFUJSBSMPTBOVODJPTEFMUJ QPUSJDLUPDMJDRVFTVFMFOMMFWBS NBMXBSFBTPDJBEP &OMPTÜMUJNPTBÕPTjIFNPT PCTFSWBEPVOJODSFNFOUPEF NBMPTBOVODJPTDSFBEPTQBSB JOUFSOFUNÖWJMxFYQMJDB4DPUU 4QFODFS%JSFDUPSPG1SPEVDU .BOBHFNFOU4VTUBJOBCMF"ET EF(PPHMF&OFMJNJOB SPONÆTEFBOVODJPTEF BVUPDMJDBRVFMMPTRVFDBSHBO VOBXFCTJODPOTFOUJNJFOUPEFM VTVBSJPEFTVTQMBUBGPSNBT 20MINUTOS%JWFOESFTEFHFOFSEFMXI LA NUEVA CONSTANTE, EL CAMBIO. LA CLAVE PARA LIDERAR, REDEFINIR LOS MEDIOS. Lo último hoy ya es lo penúltimo mañana. La marca se convierte en producto y el producto en mensaje. El consumidor es prescriptor de la oferta, y su comportamiento se traduce a data. Los targets son grupos de individuos seleccionados uno a uno. El medio también es punto de venta, la conversión es digital y ocurre en movilidad. La emoción es el motor que acelera esta convergencia. Una revolución constante que nos enfrenta al reto de redefinir nuestra visión de los medios, en tiempo real. Creando cada vez más valor de negocio para nuestros clientes. #1RECMA 2016 por cuarto año consecutivo www.carat.com/es/es/ PRIMERA AGENCIA DE MEDIOS EN ESPAÑA Única clasificada A+ compitches CARAT MADRID Glorieta del Mar Caribe, 1 28043, Madrid tel.: +34 91 353 62 00 CARAT BARCELONA Avda. Diagonal, 601 08028, Barcelona tel.: +34 93 365 44 00 %JWFOESFTEFHFOFSEFM20MINUTOS XII :Ë7:;B7FK8B?9?:7:9;DJH7B;I:;C;:?EI 4FEFEFMBBHFODJBEFNFEJPT )BWBTRVFPTUFOUBFM MJEFSB[HPFO&TQBÕB)"7"4 BHFODJB)BWBTEFTEFIBDFBÕPT &OOPTÖMPSFQJUJÖTJOPRVF BVNFOUÖMBEJGFSFODJBSFTQFDUP BMTFHVOEP"RVÍMBÕPSFHJTUSÖ NJMMPOFTEFJOWFSTJÖOGSFO UFBMPTEF.ÆTTJTF TVNBOMPTNJMMPOFTEFTVGJ MJBM'PSEXBSEDSFBEBQBSBBUFO EFSMBDVFOUBEF5FMFGÖOJDB "QBSUJSEFBRVÑMPTQVFTUPT CBJMBO&OUSFMPTQSJNFSPT 0QUJNFEJBGVFFMTFHVOEPFO UFSDFSPFO :NF EJBUFSDFSPTÍQUJNP .FEJB DPNDVBSUPSFQJUFQPTJDJÖO ;FOJUI RVJOUP TFHVOEP FO 0.%TFYUPDBFVOQVFT UP "SFOBTÍQUJNPTFYUP 4UBS DPNPDUBWPSFQJUF OPWFOP FT.&$RVFBTDJFOEFVOBQPTJ DJÖOBMJHVBMRVF&RVNFEJB RVFQBTBEFMQVFTUPFO 'VFOUFTEF*OGPBEFYNBUJ[BO BMEÍDJNPFO JODMVTPRVFFTUÆOSFUPDBOEP 4JOFNCBSHPMPTDBNCJPTOP MBUBCMBFMBCPSBEBBQBSUJSEF TFMJNJUBOBMPTOÜNFSPT.BS MBJOGPSNBDJÖORVFBQPSUBOMBT UB4ÆF[EJSFDUPSBHFOFSBMEF QSPQJBTBHFODJBT 0.%.BESJEEFTEFIBDFDJO -PQSJNFSPRVFTFDPOTUBUBFT DPBÕPTSFNBSDBRVFTFIB VOCBJMFEFQPTJDJPOFTEFTDPO QSPEVDJEPVOBFWPMVDJÖOMÖ UBOEPFMMJEFSB[HPEFNPNFO HJDBFOFMNFSDBEP&OFMDB UPJOBNPWJCMFRVFNBOUJFOFMB TPEF0.%IBQBTBEPEFVOB NFSBBHFODJBEFNFEJPTDPN QSBEPSBEFFTQBDJPTBDPOWFS UJSTFFOVOBDPOTVMUPSBEFDP NVOJDBDJÖOHMPCBM1PSPUSP MBEPTFIBQSPEVDJEPVODBN CJPHFOFSBDJPOBMFOFMDPOKVO UPEFMTFDUPSDPOFMSFMFWPEF VOHSBOOÜNFSPEFNÆYJNPT SFTQPOTBCMFTj)BZRVFBGSPO UBSMBTOVFWBTOFDFTJEBEFTEFM NVOEPEJHJUBMFTUBSNÆTDFS DBEFMDMJFOUF1PSFTUFNP UJWPTFQSFDJTBOOVFWPTQFSGJ MFTZDBQBDJEBEFT&TVOBOVF WB GPSNB EF FOUFOEFS MB DPNVOJDBDJÖOxSFNBSDB -PEJHJUBMMPIBBSSBTBEPUPEP IBDBNCJBEPMBGPSNBEFUSBCB KBSMBEFIBDFSOFHPDJPTQFSP NVZFTQFDJBMNFOUFBUPEPMP SFGFSJEPBMDPOTVNJEPSj&TUÆ DPOTUBOUFNFOUFDPOFDUBEPZ HFOFSBJOGJOJEBEEFEBUPTDP OPDFNPTNVDIBTDPTBTQFSTP OBMJ[BEBTEFÍMxEFDMBSB1PS FTUFNPUJWPMBSFWPMVDJÖOEJHJ UBMoFRVJQBSBCMFBMBJOEVTUSJBM TFHÜO 4ÆF[o IB FYJHJEP VO DBNCJPEFQBSBEJHNBFOFM DPOKVOUPEFMBFNQSFTBj/P TÖMPIFNPTGPSNBEPBMPTHFT UPSFTEFDVFOUBTMJHBEPTBMPT DMJFOUFT)FNPTGPSNBEPBMPT USBCBKBEPSFTEFUPEPTMPTEF QBSUBNFOUPT:IFNPTDPOUSB UBEPOVFWPTQFSGJMFTDPNPNB UFNÆUJDPTx 1PSUBOUPFYJTUFVOBOVFWB GPSNBEFIBDFSQVCMJDJEBEZEF SFMBDJPOBSTFDPOMPTTPQPSUFT j)BZVOBNVUBDJÖOFOMPTNF EJPTUSBEJDJPOBMFT:BOPIBZ QBSUFEFQVCMJDJEBEQSPHSBNÆ UJDBUPEPTFSÆQVCMJDJEBEQSP HSBNÆUJDBxEFDMBSBj-PEJHJUBM MPJODMVZFUPEPx 1PSFTUFNPUJWPZBFTEJGÑDJM IBCMBSEFVOPTVPUSPTDBOB MFTj&MGVUVSPMPNBSDBSÆFMDPO TVNJEPSRVFZBFTNVMUJDBOBM ZBOPEJGFSFODJBFOUSFFMPOZ FMPGGMJOFx 2VJ[ÆFMNBZPSDBNCJPoSF UPVPQPSUVOJEBEoFTMBFWP DPOWJFSUFFOBMUBWP[EFVO EFCBUFEFNBSDBEBBDUVBMJ EBE -BQVCMJDJEBEQVFEFTFSVO NBHOÑGJDPBHFOUFEFDBNCJP TPDJBMZMBTNBSDBTJODPSQPSB NPTBOVFTUSPTNFOTBKFT WBMPSFTRVFJOUFSFTBOZRVF SFTQPOEFOBMEFTFPEFMPT DJVEBEBOPTEFQBSUJDJQBSFOMB USBOTGPSNBDJÖOEFMNVOEPFO FMRVFWJWJNPTQBSBIBDFSEFÍM VOMVHBSNFKPSNÆTKVTUP TPMJEBSJPZBNBCMF&O i%FMJDJPTB$BMNBwUPNBNPT QBSUJEPOPTNPKBNPTZ BDFSUBNPTHFOFSBOEPVOB DPOWFSTBDJÖONBTJWBRVF NJMMPOFTEFQFSTPOBT QSPNPWJFSPOOPTPMPFOSFEFT 5FMFEJBSJPTQFSJÖEJDPT EJBSJPTSFWJTUBTUFMFWJTJPOFTZ SBEJPTTFIJDJFSPOFDPEFMTQPU QPUFODJBOEPBTÑTVEJGVTJÖOZ BMDBODFDPNPTJEFMFTUSFOPEF MBÜMUJNBFOUSFHBEFMBTBHBEF 4UBS8BSTTFUSBUBSB :OPFTDBTVBMJEBE&M QSPDFTPEFDSFBDJÖOZ QSPEVDDJÖOEFVOBDBNQBÕB EFQVCMJDJEBEEFVOBOVODJP FOVOBSFWJTUBPEFVOBDVÕB EFSBEJPUJFOFNVDIPUSBCBKP EFUSÆT"OJWFMOBDJPOBMTFHÜO FMJOGPSNFEFM0CTFSWBUPSJPEF MB1VCMJDJEBEEFMB"TPDJBDJÖO &TQBÕPMBEF"OVODJBOUFTIBZ VOBTPDIFOUBNJMQFSTPOBT 7=;D9?7I"KD I;HL?9?E?DJ;=H7B :;9ECKD?979?ÏD )BWBTSFQJUFDPNPOÜNFSPVOP FO&TQBÕBBVORVFMBTQPTJDJPOFT IBOWBSJBEPDPOTJEFSBCMFNFOUF JUAN FERRARI &MNVOEPEFMBTBHFODJBTEF NFEJPTFTDBNCJBOUFUBNCJÍO FOMPSFGFSFOUFBMBQPTJDJÖOEF MBTFNQSFTBTEFOUSPEFMNFS DBEP)BDFSTFDPOPQFSEFS VOBCVFOBDVFOUBQVFEFTV QPOFSTVCJSPDBFSWBSJPTQVFT UPTFOFMSBOLJOH*OGPBEFY "/¦-*4*4 MBCBTFEFEBUPTEFQVCMJDJEBE SFGFSFOUFEFMNFSDBEPFTQB ÕPMTFFODBSHBEFFMBCPSBSDB EBBÕPFMMJTUBEPEFMBTBHFO DJBTDPONÆTQFTPFOGVODJÖO EFMBJOWFSTJÖOHFTUJPOBEB BVORVFDPOVOQPDPEFSFUSB TPQVFTMPTEBUPTNÆTBDUVBMFT TFSFGJFSFOBMFKFSDJDJPEF 1PS+BJNF-PCFSB %JSFDUPSEF.BSLFUJOHZ7FOUBTEF $BNQPGSÑPZ1SFTJEFOUFEFMB "TPDJBDJÖO&TQBÕPMBEF "OVODJBOUFT"&" $VBOEPTF IBDFCJFO MBQVCMJDJEBE NPMB B BQVCMJDJEBEWVFMWFBFTUBS EFNPEB{IBCÑBEFKBEPEF FTUBSMPBMHVOBWF[ ZNÆT RVFOVODBWVFMWFB FOUSFUFOFSEJWJFSUFTF DPNQBSUFSFGMFKBOVFTUSB TPDJFEBEFJODMVTPBZVEBB USBOTGPSNBSMB (PPHMFQVCMJDBCBIBDFEÑBT VOSBOLJOHEFMPTBOVODJPT NÆTWJTUPTFO&TQBÕBFO :PVUVCFFOFOFMRVFTF WBMPSBCBOBRVFMMPTWJTUPT iPSHÆOJDBNFOUFwFTEFDJSMPT RVFFMVTVBSJPCVTDBWPMVOUB SJBNFOUF4FHÜOMPTFYQFSUPT FOFTBDMBTJGJDBDJÖOQSFEPNJ OBOFMIVNPSMBJOOPWBDJÖOZ MBGBOUBTÑBJOHSFEJFOUFT QSPQJPTEFMBJOEVTUSJBEFM FOUSFUFOJNJFOUP{$ÖNPFT QPTJCMFRVFi%FMJDJPTB$BMNBw VOBOVODJPEFFNCVUJEPEFMB NBSDB1BWPGSÑPEF$BNQPGSÑP MJEFSFFMSBOLJOH 4JBMPT WJTJPOBEPTFO:PVUVCF BÕBEJNPTMPTEF'BDFCPPLP 5XJUUFSFTUFiEFMJDJPTPw IPNFOBKFBMBTNVKFSFTUVWP NÆTEFNJMMPOFTEF SFQSPEVDDJPOFT{1PSRVÍ &M TQPUEJPFOMBEJBOBZTF MVDJÖOEFVOBQVCMJDJEBENÆT NBTJWBBVOBNÆTQFSTPOB MJ[BEBj4FTBCFBRVJÍOTF RVJFSFMMFHBSQFSPUBNCJÍO DÖNPZDVÆOEP&MNÖWJMQFS NJUFDPOUFYUVBMJ[BSZEFUFS NJOBS NVDIP NFKPS DVBM RVJFSDBNQBÕBxEFDMBSBMB EJSFDUPSBHFOFSBMEF0.% 3FTQFDUPBMBTQFSTQFDUJ WBTQBSBFMSFDJÍOJOBVHVSBEP BÕP.BSUB4ÆF[TFNVFTUSB PQUJNJTUBQVFTTVFNQSFTB FTUÆDSFDJFOEPBEPTEÑHJUPT &ODPOKVOUPBGBMUBEFDFSSBS MPTEBUPTFMNFSDBEPEFMB QVCMJDJEBETVCJÖFOUSFVO -"$-"7& *OWFSTJÓO HFTUJPOBEB QPSBHFODJBT NJMMPOFTFO )BWBT.FEJB 0QUJNFEJB :NFEJB .FEJBDPN*CFSJB ;FOJUI 0.% "SFOB.FEJB$PNVO 4UBSDPN .&$ &RVNFEJB 7FSJUBT .BYVT 'PSXBSE.FEJB 1)% 4FSFOEJQJB %BUBQMBOOJOH *OGJOJUZ.FEJB &.7 "MNB.FEJB .FEJBTBQJFOT Total general 2.779 '6&/5&*/'0"%&9 FMQBTBEPBÕPZMBEJSFD UJWBDPOGÑBFORVFFTUFBÕPTF NVFWBFODJGSBTTJNJMBSFT-B UFMFWJTJÖOZMPEJHJUBMTFHVJ SÆOBMBDBCF[BEFMPTDBOBMFT ZWPMWFSÆBDSFDFSNÆTMPPO MJOFj$BEBWF[TFDPNQSB NFOPTFTQBDJPZNÆTBVEJFO DJBxEJDF● USBCBKBOEPFOFTUFTFDUPSRVF SFQSFTFOUBFMEFM1*#Z TFFSJHFDPNPDMBSPNPUPSEFM DSFDJNJFOUPFDPOÖNJDPEFM QBÑT&OFMDBTPEFi%FMJDJPTB $BMNBwFTFMSFTVMUBEPEFBÕPT EFUSBCBKPJOWFTUJHBOEPTPCSF FMNVOEPEFMBNVKFSZEFVO QSPDFTPRVFEVSÖNFTFTFOFM RVFQBSUJDJQBSPOBOUSPQÖMP HPTTPDJÖMPHPTDBUFESÆUJDPT NBSLFUJOFSPTFDPOPNJTUBT IJTUPSJBEPSFTFYQFSUPTFO BSUFFTUBEÑTUJDPTQFSJPEJTUBT ZQPSTVQVFTUPDSFBUJWPT QVCMJDJUBSJPTZQSPGFTJPOBMFT EFMNVOEPEFMBQSPEVDDJÖO BVEJPWJTVBM$VBOEPTFIBDF CJFOMBQVCMJDJEBENPMB 20MINUTOS%JWFOESFTEFHFOFSEFMXIII %JWFOESFTEFHFOFSEFM20MINUTOS XIV :Ë7:;B7FK8B?9?:7: E 7DÈB?I?I #MVF.FEJB#MVF 0DFBOVOPDÍBOP EFPQPSUVOJEBEFT 1PS)PSUFOTJB'VFOUFT %JSFDUPSBHFOFSBMEF#MVF.FEJB 8 MVF.FEJBFTMBNBSDB EFMBOVFWBDPNFSDJB MJ[BEPSB EF )FOOFP EFTEFFOFSPEF +VOUPBTVHSBOBDUJWPMPT NFEJPTQSPQJPTZFYUFSOPT RVFSFQSFTFOUBTVFRVJQPZ TVWPDBDJÖOEFJOOPWBDJÖO EFGJOFOMPTUSFTQJMBSFTGVO EBNFOUBMFTEFGPSUBMF[BEF MBOVFWBPSHBOJ[BDJÖO 1FSP{QPSRVÍ#MVF.FEJB TJOPTFUSBUBEFVOBDBTVB MJEBEZEFIFDIPOPMPFTTF SÑBJOUFSFTBOUFBQSPWFDIBS FTUBPDBTJÖOQBSBBEFOUSBS OPTFOFMOPNCSF )BDFNÆTEFEPTEÍDBEBT8 $IBN,JOZ3FOÍF.BVCPSH OFQSPGFTPSFTEFFTUSBUFHJB FO*/4&"%QVTJFSPOEFNP EBFMUÍSNJOPjPDÍBOPB[VMx NFKPSFOTVMFOHVBEFPSJHFO #MVF0DFBO ZVODPODFQUPBM SFEFEPSEFFTUFRVFFTUBCMF DÑBOVFWPTQBSÆNFUSPTEFÍYJ UPEFMBTNBSDBTUSBUBOEPEF OPNJSBSTPMPBMBDPNQFUFO DJB TJOP EF CVTDBS OVFWPT NFSDBEPTEPOEFDPNQFUJSB FTPTOVFWPTNFSDBEPTMFTMMB NBSPO#MVF0DFBOT)BTUBFO UPODFTMBNBZPSÑBEFMBTFN QSFTBTIBCÑBODSFBEPTVTFT USBUFHJBTFOUPSOPBMBJEFBEF MBDPNQFUFODJB-BTUFPSÑBT EF1PSUFSTPCSFDÖNPMPHSBS WFOUBKBTDPNQFUJUJWBTNF EJBOUFMBEJGFSFODJBDJÖOPFGJ DJFODJBPQFSBDJPOBMIBOSF TVMUBEPÜUJMFTZOPQBSFDFRVF TFBOEJTDVUJCMFTQFSPTÑQP ESÑBNPTEFCBUJSTJMBFTUSB UFHJBZFMCFODINBSLJOHEF DPTUFTIBOTJEPDBQBDFTEF DSFBS VOB DPNQFUJUJWJEBE TPTUFOJEBFOFMUJFNQP)PZ FOEÑBFOOPQPDPTTFDUPSFTF JOEVTUSJBTTFUJFOFVOBFY DFTJWBPGFSUBEFQSPEVDUPTEF DPOTVNP NBTJWP VOB EF NBOEBFOBMHVOBTPDBTJPOFT EFDSFDJFOUFZVOBGJEFMJEBE DVFTUJPOBCMFBMBTNBSDBTMP RVFIBQSPWPDBEPVOBUSF NFOEBHVFSSBEFQSFDJPTZ VOBSFEVDDJÖOTJHOJGJDBUJWB EFNÆSHFOFT &MNFSDBEPQVCMJDJUBSJPOP IB SFTVMUBEP EJGFSFOUF MB PGFSUBIBDSFDJEPNVMUJQMJDBO EPMBDPNQFUFODJBZMBUBSUB QVCMJDJUBSJBTFIBUFOJEPRVF SFQBSUJSBOUFVOBEFNBOEB RVFMBDSJTJTIBIFDIPEFDSF DJFOUF /PT SFGFSJNPT B MB PGFSUBEFNFEJPTQFSPUBN CJÍOBMSFTUPEFTFSWJDJPTZB PUSPTPQFSBEPSFTBHFODJBT QMBUBGPSNBTSFEFTDSFBUJWJ EBEFUDÍUFSB 2VÍQFOTBSÑBNPTTPCSFSF DPOTUSVJS MBT GSPOUFSBT EF OVFTUSPNFSDBEPQBSBIBDFS MPNFOPTDPTUPTPZNÆTSFO UBCMF"MPMBSHPEFMBIJTUP SJBQPEFNPTJEFOUJGJDBSNV DIBT IJTUPSJBT EF ÍYJUP BTPDJBEBTBFODPOUSBSOVFWBT GPSNBTEFIBDFSMBTNJTNBT DPTBTPBMBDSFBDJÖOEFQSP EVDUPTOVFWPTQBSBTBUJTGBDFS OVFWBTEFNBOEBT {:TJMBNFKPSNBOFSBEF WFODFSBMBDPNQFUFODJBGVF SBOPDPNQFUJS 1POHBNPTBMHVOPTFKFN QMPTEFMPTNPWJNJFOUPTFT USBUÍHJDPTEFPDÍBOPB[VMEF EJWFSTBTJOEVTUSJBTZNÜMUJ QMFTTFDUPSFT $JSRVFEV4PMFJMDPORVJTUÖ FMNVOEPDSFBOEPVOPDÍBOP B[VMDPOVOOVFWPFTQBDJPEF NFSDBEPEFTBGJBOEPMBTDPO WFODJPOFTEFMBJOEVTUSJBEFM DJSDPVOBJOEVTUSJBEFDBEFO UFFOMBDVBMFMBOÆMJTJTFTUSB UÍHJDPUSBEJDJPOBMTVHFSÑBVO QPUFODJBM EF DSFDJNJFOUP NVZMJNJUBEP&ONFOPTEF WFJOUFBÕPTEFTEFTVDSFB DJÖO$JSRVFEV4PMFJMMPHSÖ VOOJWFMEFHBOBODJBTRVFMPT FOUPODFTMÑEFSFTNVOEJBMFT EFMBJOEVTUSJBEFMDJSDPIB CÑBOMPHSBEPEFTQVÍTEFNÆT EFDJFOBÕPT 0USPFKFNQMPIBTUBMBBQB SJDJÖOEF#MPPNCFSHBQSJODJ QJPTEFMBEÍDBEBEF 3FVUFST%PX+POFTZ5FMFSB UFEPNJOBCBOMBJOEVTUSJBEF MBJOGPSNBDJÖOGJOBODJFSBFO MÑOFBZPGSFDÑBOOPUJDJBTZ QSFDJPTFOUJFNQPSFBMQBSBMB DPNVOJEBEEFBHFOUFTZEF JOWFSTJÖO$POUSBMBQSÆD UJDBIBCJUVBMEFTVJOEVTUSJB TPCSFRVÍHSVQPEFDPNQSB EPSFTEFCÑBEJSJHJSTF#MPPN CFSHDSFÖVOPDÍBOPB[VMFO MBJOEVTUSJBEFTFSWJDJPTEF JOGPSNBDJÖOGJOBODJFSBFT EFDJSVOOVFWPUBSHFU 0USPDBTPEFFTUVEJPFMMBO [BNJFOUPEFMB8JJEF/JOUFO EP-BDPNQBÕÑBHBTUBCBNJ MMPOFTEFEÖMBSFTFONFKPSBS MPTWJEFPKVFHPTNÆTHSÆGJDPT Z EFNÆT IBTUB RVF TF EJP DVFOUBEFRVFMPTOJÕPTPMBT NVKFSFTBEVMUBTDPMFHJPTZGB NJMJBTOPFTUBCBOTJFOEPDPO TJEFSBEBTDPNPUBSHFU/JO UFOEPFOUPODFTEFTBSSPMMÖVOB OVFWBDPOTPMBEPOEFMBDBMJ EBEEFMPTHSÆGJDPTEFMWJEFP KVFHPOPFSBMPNÆTJNQPSUBO UFZFMDPTUPEFMBDPOTPMBFSB NVDIPNFOPSRVFFMSFTUP /PQBSFDFTFODJMMPFOQVCMJ DJEBEZFONFEJPTQFOTBSFO MBJOOPWBDJÖOQBSBBNQMJBSFM NFSDBEP*OOPWBSCVTDBSTP MVDJPOFTRVFNFKPSFOOVFTUSB PGFSUBEFDBOBMFTQVCMJDJUB SJPTFTVODBNJOPRVFIFNPT HFOFSBSÆVOBPQPSUVOJEBE QBSBFMDSFDJNJFOUPSFOUBCMF &TUBFTMBWPDBDJÖOEF#MVF .FEJBFTBFTMBSB[ÖOQPSMB RVFTVNJTNPOPNCSFBMVEF BVOBMÑOFBFTUSBUÍHJDBGPSNV MBEBIBDFEPTEÍDBEBTQFSP EFQMFOBBDUVBMJEBEMBFTUSB UFHJBEFMPTPDÍBOPTB[VMFT -BJOWFTUJHBDJÖOEF8$IBO ,JNZ3.BVCPSHOFTFDPO DFOUSÖFOEFUFSNJOBSMPTGBD UPSFTDPNVOFTRVFEBCBOMV HBSBMBDSFBDJÖOEFPDÍBOPT B[VMFTZMBTEJGFSFODJBTDMB WFRVFTFQBSBOBMPTHBOBEP SFTEFMPTNFSPTTPCSFWJWJFO UFTZEFMPTRVFTFFODVFOUSBO BMBEFSJWBFOFMPDÍBOPSPKP -BCBTFEFEBUPTZTVJOWFT UJHBDJÖODPOUJOVBSPOFYQBO EJÍOEPTFZDSFDJFOEPEFTEFMB QVCMJDBDJÖOEFMQSJNFSMJCSP ZMPTNPWJNJFOUPTFTUSBUÍHJ DPTRVFFTUVEJBSPONVFTUSBO {:TJMBNFKPSNBOFSB QBUSPOFTTJNJMBSFTJOEFQFO EFWFODFSBMB EJFOUFNFOUFEFMUJQPEFJO DPNQFUFODJBGVFSB EVTUSJBPEFMUJQPEFFNQSFTB OPDPNQFUJS %FEJRVFNPTOPVOBEÍDB EBQFSPTÑVOPTNJOVUPTB .FKPSBSOVFTUSBPGFSUB EFDBOBMFTQVCMJDJUBSJPT SFGMFYJPOBSTJQPEFNPTFT UBSQSFQBSBEPTQBSBUSBCBKBS FTVODBNJOPRVF SFDPOTUSVZFOEPMBTGSPOUF IFNPTEFTFHVJS SBTEFMNFSDBEPDFOUSÆOEP EFTFHVJSDPNPJOEVTUSJB&M OPTFOMBJEFBHFOFSBMZOP FDPTJTUFNBEFMPTTPQPSUFT TPMPFOMPTOÜNFSPTZBWBO TPMVDJPOFTZGPSNBUPTQVCMJ [BOEP NÆT BMMÆ EF MB EF DJUBSJPTFTDBNCJBOUFZFOFT NBOEBFYJTUFOUF UFTFOUJEPFMPDÍBOPRVFTF &YJTUFOBÜOQPTJCJMJEBEFTFO JNQPOFFTFMB[VMOPFMSPKP FTUFTFOUJEPEFDBQUVSBSVOB #MVF.FEJBFTUÆDPNQSP OVFWBEFNBOEBDSFBOEPVOB NFUJEBDPOMBJOOPWBDJÖOZ PQPSUVOJEBEEFDSFDJNJFOUP MBCÜTRVFEBEFMBSFOUBCJMJ SFOUBCMFQBSBUPEPTMPTPQFSB EBEQBSBQBSUOFSTZBOVO EPSFT5FOFNPTVOHSBOSFUP DJBOUFTDPNPMBÜOJDBGÖS DPNPNFSDBEPDPOOVFWPT NVMBEFDSFDJNJFOUP2VFSF NFEJPTUFDOPMPHÑBJEFBTZDB NPTRVFOVFTUSPTDMJFOUFT QJUBMIVNBOP4JEFTBGJBNPT MPTBOVODJBOUFTZTVTBHFO MBTGSPOUFSBTFTUBCMFDJEBTQP DJBTDPOGÑFOFOOPTPUSPTQB EFNPTTFHVJSBÕBEJFOEPFMWB SBFYQBOEJSTVEFNBOEBZ MPSRVFMBQVCMJDJEBEIBBQPS RVFHFOFSFOTVTPQPSUVOJEB UBEPBOVFTUSBTPDJFEBEBMB FDPOPNÑB&TUBCMF[DBNPTDP EFTEFDSFDJNJFOUP &MPDÍBOPB[VMTFEFGJOFDP NPQVOUPEFQBSUJEBVOEFTB NPBRVFMFTQBDJPQFSUFOF SSPMMPFTUSBUÍHJDP#MVF0DFBO DJFOUFBMNFSDBEPZRVFBÜO RVFOPTQFSNJUBTFHVJSTJFOEP OPIBTJEPVUJMJ[BEPPFYQMP FMNFSDBEPSFMFWBOUFRVFMBQV UBEPZRVFQPSDPOTJHVJFOUF CMJDJEBETJFNQSFIBTJEP● -B(FOFSBDJÖO;FMOVFWPEFTBGÑPEFMBQVCMJDJEBE %FTQVÍTEFMPT9ZEFMPT:NÆT DPOPDJEPTDPNPNJMMFOOJBMT MB (FOFSBDJÖO;TPOMPTKÖWFOFT OBDJEPTFOUSFFMBÕPZFM RVFCVTDBOEFKBSTVIVF MMBFOFMNVOEPZRVFUBMZDP NPTFÕBMB*ÕBLJ0SUFHBEJSFD UPSEF%FVTUP#VTJOFTT4DIPPM EF.BESJEjTFFEVDBOZTPDJB MJ[BOBUSBWÍTEFJOUFSOFUx %FTEFFMQVOUPEFWJTUBTPDJP MÖHJDPjUPEBWÑBOPIBZFWJEFO DJBTEFRVFFTUFNPTIBCMBOEP EFBMHPSFBMxTFÕBMB-VJT(BSDÑB 5PKBSQSPGFTPSEF4PDJPMPHÑB QPMÑUJDBEFMB6OJWFSTJEBE$PN QMVUFOTFEF.BESJERVFDPOTJ EFSBRVFFTUFUJQPEFEFOPNJ OBDJPOFTjTPONÆTCJFOFTMÖHB OFTQVCMJDJUBSJPTRVFDPOFM UJFNQPTFQVFEFOBDBCBSDPO WJSUJFOEPFOSFBMFTx 0SUFHBTFÕBMBRVFMPT;SFQSF TFOUBOVOjEFMBQPCMBDJÖO FTQBÕPMBxZEFGJOJEPTPOPMP DJFSUPFTRVFUPEPTMPTNFSDBEPT CVTDBOMBTNFKPSFTGPSNBTEF BEBQUBSTFBMBTOFDFTJEBEFTEF FTUPTKÖWFOFTRVFjFYJHFOOVF WPTGPSNBUPTOVFWPTNFOTBKFT ZOVFWPTWBMPSFTxBEWJFSUF 1BSB0SUFHBMPTNFOTBKFTQV CMJDJUBSJPTjOPQVFEFOTFSEF QVSPZCVSEPJOUFSDBNCJPTJ OPRVFIBOEFMMBNBSBMBBDDJÖO FJODFOUJWBSMBTDPODJFODJBTx -"$*'3" '+ %FMBQPCMBDJÓOFTQBÒPMB TFFOHMPCBFOMB(FOFSB DJÓO;TFHÙOFMEJSFDUPS EFMB%FVTUP#VTJOFTT 4DIPPMTMPRVFFRVJWBMFB NJMMPOFTEFQFSTPOBT QPSMPRVFMPTBOVODJPTjIBOEF NJHSBSIBDJBVONPEFMPNÆT DPIFSFOUFxDPOMBTOFDFTJEBEFT ZMBQFSTPOBMJEBEEFMPT;)B DFGBMUBjVOBOVFWBQVCMJDJEBE EPOEFTFFTQFSBVOBSFTQVFT UBJONFEJBUBxBUSBWÍTEFMBTSF EFTPDJBMFT -VJT'FMJQF4PMBOPQSPGFTPS EF1TJDPMPHÑBEFMB$PNVOJDB DJÖOEFMB$PNQMVUFOTFTFÕBMB RVFMBTDBNQBÕBTEFCFOTFS jNVZEJSFDUBTZNVZSÆQJEBTx ZBRVFMPT;TPOjVOPTDPOTV NJEPSFTRVFMPRVJFSFOUPEPFO FMBDUPZRVFOPTFDPOGPSNBO DPO DVBMRVJFS DPTBx ● MATÍAS DE DIEGO &M4PM BDPHFSÆFM* $POHSFTPEFMB $PNVOJDBDJÖO 1VCMJDJUBSJB -BFEJDJÖOEF&M'FTUJWBM *CFSPBNFSJDBOPEFMB$PNV OJDBDJÖO1VCMJDJUBSJB&M4PM JODMVJSÆFOUSFTVTOPWFEBEFT MBDFMFCSBDJÖOEFM*$POHSFTP &M4PMEFMB$PNVOJDBDJÖO1V CMJDJUBSJB-BJEFBFTjDSFBSVO FODVFOUSPQBSBEJWFSTPTDP MFDUJWPTRVFJOEV[DBBMBJOT QJSBDJÖOZSFGMFYJÖOHFOFSF EFCBUF Z GBWPSF[DB FM OFU XPSLJOHxIBOFYQMJDBEPEFT EFMBPSHBOJ[BDJÖO&MDFSUB NFOQVCMJDJUBSJPRVFTFDF MFCSBSÆFO#JMCBPMPTEÑBT ZEFKVOJPFOUSFHBSÆVOBÕP NÆTTVTQSFNJPTBMPTRVFTF JODPSQPSBOUSFTDBUFHPSÑBT DSFBUJWJEBEFGJDB[EJTFÕPZ QSPEVDDJÖO● PND (&¹¹ &MQBTPIBDJBMB QFSTPOBMJ[BDJÖO A.BSLFUJOH"VUPNBUJPO )FMMP.FEJB(SPVQZ"DU0O 4PGUXBSF IBO GJSNBEP VO BDVFSEPEFDPMBCPSBDJÖOQBSB FYQBOEJSFMEFTBSSPMMPEFMNBS LFUJOHBVUPNBUJPOFO&TQBÕB -BDMBWFEFFTUBNPEBMJEBESF TJEFFOEBSjFMNFOTBKFBEFDVB EPBMBQFSTPOBBEFDVBEBFO FMNPNFOUPBEFDVBEPxTFHÜO "OEZ.D.JMMBO$&0EF"DU 0OZFTUPFTQSFDJTBNFOUF MPRVFQFSNJUFMBQMBUBGPSNB -B3FBMJEBE7JSUVBM QSPUBHPOJTUBEFM NBSLFUJOHFO 4FHÜO8BSDTFSWJDJPNVOEJBM EFJOUFMJHFODJBEFNBSLFUJOH MPTEFTBSSPMMPTRVFFTUÆOUF OJFOEPMB3FBMJEBE7JSUVBM73 ZMB3FBMJEBE"VNFOUBEB3" QFSNJUJSÆORVFMBTNBSDBTTFJO WPMVDSFOFNPDJPOBMNFOUFBMPT DPOTVNJEPSFTFO&MTFDUPS EFWJBKFTQPSFKFNQMPIBTJEP QJPOFSPFOVTBSMB73FOIPUF MFTZFOFMDBNQPEFMBDPTNÍUJ DB-0SÍBMFNQMFBMB3"QBSB RVFMPTDPOTVNJEPSFTBQMJRVFO EJHJUBMNFOUFTVTQSPEVDUPT A%FMJDJPTB$BMNBFM BOVODJPNÆTWJTUPFO :PV5VCF&TQBÕB (PPHMF&TQBÕBIBQVCMJDBEP MBDMBTJGJDBDJÖOEFMPTBOVODJPT NÆTQPQVMBSFTFOUSFMPTFTQFD UBEPSFTFTQBÕPMFTEF:PV5VCF EVSBOUFFMQBTBEPBÕP&M SBOLJOHMPMJEFSB%FMJDJPTB$BM NBEF$BNQPGSÑPRVFQPOF EFSFMJFWFMBTUFOTJPOFTZDBSHBT BMBTRVFTFWFOTPNFUJEBTMBT NVKFSFTEFOVFTUSPQBÑT 20MINUTOS%JWFOESFTEFHFOFSEFMXV %JWFOESFTEFHFOFSEFM20MINUTOS XVI :Ë7:;B7FK8B?9?:7:FHE=H7CÈJ?97 -"$-"7& &MDSFDJNJFOUPEFMBQSPHSBNÃUJDBFOEJTQMBZZWÎEFP Cuota estimada del mercado programático por países (2017) 80% 60% 59% 56% 52% 40% 33% EE UU Holanda R. Unido Francia Australia Japón Alemania 31% 23% España China Ingresos publicitarios en vídeo en los cinco países más importantes de Europa* Vídeo programático % sobre el total de vídeo (M€) 33,2% (626,5) Vídeo no programático 30,3% (503) 25,8% (368,8) 18,7% (225,5) 12,2% 119,6 2012 2013 2014 2015 Fuente: Statista, Magna Global, IHS. * Reino Unido, Alemania, Francia, Italia y Holanda :7J7"9B7L; F7H7B7 FK8B?9?:7: :?=?J7B "/¦-*4*4 1PS3PESJHP4JNBODBT %JSFDUPS$PNNVOJDBUJPO 1MBOOJOHZ"OBMÑUJDBEF &26.&%*" -BMPDB DBSSFSBEFMB JOOPWBDJÖO QVCMJDJUBSJB B BJOOPWBDJÖOIBEFKBEPEF BSUJDVMBSTFTPCSFMB BNQMJBDJÖOEFMDPODFQUP DSFBUJWPZMBPSJHJOBMJEBE FOMBVUJMJ[BDJÖOEFMFTQBDJPZ FMUJFNQPQVCMJDJUBSJPT&MBÕP QBTBEPGVJKVSBEPFOMB DBUFHPSÑB#FTU6TFPG5FDIOP MPHZEFM'FTUJWBM0G.FEJB ZUSBTEJTGSVUBSEFDJFOUPTEF DBTPTQFSDJCÑRVFMBT UFDOPMPHÑBTEJHJUBMFTDPOTUJUV ZFOVOQJMBSCÆTJDPFOMB DBSSFSBQPSMBDPOFYJÖODPOFM 2016 2017 )%&1&%30 4,6% 35,9 -PTEBUPTFTUÆO DBNCJBOEPMBGPSNB EFDPNQSBSZWFOEFS QVCMJDJEBEEJHJUBM 1BTBNPTEFDBCFDFSBT BBVEJFODJBT QÜCMJDPPCKFUJWP-BEJHJUBMJ[B DJÖOIBGBDJMJUBEPMBHMPCBMJ[B DJÖOEFFWFOUPTRVFBOUFT QBTBSÑBOJOBEWFSUJEPTBUSBWÍT EF-JWF4USFBNJOHFO SFEFTTPDJBMFT1FSNJUFVOB NBZPSJONFSTJÖOFOMB FYQFSJFODJBEFNBSDB NFEJBOUFMB3FBMJEBE7JSUVBMZ "VNFOUBEBEPOEFMPT DPOUFOJEPTTPOWJWJEPTFO QSJNFSBQFSTPOBZUBNCJÍOTF IBDPOWFSUJEPFOVOBTPMVDJÖO NVZFDPOÖNJDBQBSBMB EJTUSJCVDJÖOZBRVFPGSFDF FMFNFOUPTRVFOPTFFODVFO USBOGÑTJDBNFOUFFOMBUJFOEB "EFNÆTTFBNQMÑBMB FYQFSJFODJBHSBDJBTBMB MIKEL LEKAROZ &MNPEFMPQSPHSBNÆUJDPEF QVCMJDJEBETFFTUÆJNQPOJFO EPDPNPGPSNBEFDPNQSBS ZWFOEFSQVCMJDJEBEFOJO UFSOFU&O&TUBEPT6OJEPT FMQSJODJQBMNFSDBEPNVOEJBM EFQVCMJDJEBEFMNPEFMPQSP HSBNÆUJDPZBIBTVQFSBEPFM EFMUPUBMEFMBDPNQSBEF QVCMJDJEBEEJHJUBMEJTQMBZZ TFHÜOVOFTUVEJPEF4UBUJTUBZ MBBHFODJBEFQVCMJDJEBE.BH OB(MPCBMTFFTQFSBRVFFO FMFMEBUPMMFHVFBM &O&TQBÕBMBTDJGSBTTPONÆT NPEFTUBTQFSPZBFOTF HÜOFMFTUVEJPSFBMJ[BEPQPS *"#4QBJOFMEFMBQVCMJ DJEBEEJHJUBMTFSFBMJ[ÖCBKPFM NPEFMPQSPHSBNÆUJDPZTFFT QFSBRVFMBDJGSBBMDBODFFM FO 6OBEFMBTSB[POFTEFFTUFDSF DJNJFOUPFTMBVUJMJ[BDJÖOEF%B UBVOBOVFWBUFOEFODJBFOMB GPSNBEFDPNQSBSZWFOEFSQV CMJDJEBEQSPHSBNÆUJDBRVFFT UÆDSFBOEPVOBBVUÍOUJDBUSBOT GPSNBDJÖOEJHJUBMEFMBDPNQSB WFOUBEFQVCMJDJEBEFOJOUFSOFU )BTUBIBDFNVZQPDPFMNP EFMPQSPHSBNÆUJDPVUJMJ[BCB FMDPODFQUPEFDBCFDFSBQBSB FMFHJSMPTTPQPSUFTFOMPTRVF DPNQSBSVOBMJTUBXIJUFMJTU EFTPQPSUFTFOMPTRVFFMDPN QSBEPSEFTFBSFBMJ[BSQVKBTQPS MPTFNQMB[BNJFOUPTQVCMJDJUB SJPT&TUBJEFBEFMBTDBCFDFSBT FTVOBIFSFODJBEFMQSPDFEJ NJFOUPEFDPNQSBEFQVCMJDJ EBEFOUFMFWJTJÖOTFJOWJFSUFFO MPTTPQPSUFTFOGVODJÖOEFMOJ WFMEFBVEJFODJB 5FOJFOEPFODVFOUBRVFMBQV KBEFMNPEFMPQSPHSBNÆUJDPTF BQMJDBBDBEBJNQSFTJÖOQVCMJ DJUBSJBRVFTFQSFTFOUBFOFMFDP TJTUFNBFMDPNQSBEPSQSPHSB NÆUJDPUJFOFMBQPTJCJMJEBEEF FMFHJSQVKBSZDVBOUPQVKBS FO GVODJÖOEFMBJOGPSNBDJÖORVF EJTQPOHBTPCSFFMVTVBSJPRVF FTUÆEFUSÆTEFMBJNQSFTJÖOQB SBMBRVFTFIBTPMJDJUBEPVOB DBNQBÕBQVCMJDJUBSJB4FUSBUB TJNQMFNFOUFEFMBVUJMJ[BDJÖO EF%BUBQBSBBQMJDBSMBTFHNFO UBDJÖOEFMBDBNQBÕBTFHÜOFM DPOFDUJWJEBE/'$RVFBDUJWB DPOUFOJEPTFOMPTEJTQPTJUJWPT NÖWJMFTDPOUBOTPMPBDFSDBS MPTBVOBOVODJPFOSFWJTUBT VODBUÆMPHPPFOTPQPSUFT EJHJUBMTJHOBHFJODMVTP BENJUJFOEPMBSFBMJ[BDJÖOEF NJDSPQBHPTPSFTFSWBT "TJNJTNPTFFTUÆQSPEV DJFOEPPUSPIJUPJOOPWBEPSFO MBDPNQSBQSPHSBNÆUJDBEF DBNQBÕBTEJHJUBMFTZFO FYUFSJPSVUJMJ[BOEPDSFBUJWJEB EFTEJOÆNJDBTRVFUJFOFOFO DVFOUBNÜMUJQMFTGBDUPSFT CÜTRVFEBTHFPMPDBMJ[BDJÖO DMJNBSBEJBDJÖOIPSBEFMEÑB FUD RVFQFSNJUFOMBHFOFSB DJÖOEFMNFOTBKFBEFDVBEPBM QÜCMJDPPCKFUJWP4JMBDBNQBÕB QVCMJDJUBSJBUJFOFDPNPQÜCMJDP PCKFUJWPBNVKFSFTEFBFO FOUPSOPVSCBOPMBQMBUBGPSNB EFDPNQSBTÖMPQVKBSÆDVBOEP MPTEBUPTMFEJHBORVFMBJNQSF TJÖOQVCMJDJUBSJBWBBTFSWJTVB MJ[BEBQPSVOVTVBSJPEFMQÜCMJ DPPCKFUJWP%FFTUBGPSNBFM NPEFMPIBFWPMVDJPOBEPEFMB DPNQSBEF$BCFDFSBTBMBDPN QSBEF"VEJFODJBTMPRVFQFSNJ UFIBDFSMPNÆTFGJDB[ZNVDIP NÆTFGJDJFOUF-PTFEJUPSFTB TVWF[IBOFNQF[BEPBDVB MJGJDBSTVBVEJFODJBFOCBTFBEB UPTTPDJPEFNPHSÆGJDPTRVFMPT VTVBSJPTEFKBODVBOEPTFSFHJT USBOPTVTDSJCFOBTFSWJDJPTP EBUPTEFJOUFODJPOFTFJOUFSFTFT RVFTFQVFEFOJOGFSJSEFMBOB WFHBDJÖOEFMPTVTVBSJPTQPSMBT QÆHJOBTEFMFEJUPS&OBNCPT DBTPTMPTBOVODJBOUFTZMPTFEJ UPSFTOFDFTJUBOJNQMBOUBSVO -BTPUSBT JOOPWBDJPOFT EFMNPEFMP QSPHSBNÆUJDP .JLFM-FLBSP[FT%(EF;PEJBL "EWFSUJTJOH&TQBÕB 4JOEFKBSEFMBEPMBSFWPMVDJÖO RVFFTUÆTVQPOJFOEPMBDPNQSB DPOEBUPTIBZPUSBTUFDOPMPHÑBT RVFFTUÆOJNQVMTBOEPFMFDPTJT UFNBQSPHSBNÆUJDP .VDIPTDPOTJEFSBORVFFMWJ EFPTFFTUÆDPOWJSUJFOEPFOFM HSBOGPSNBUPEJHJUBMZBRVF BQSPWFDIBBMNÆYJNPFMNF EJPBVEJPWJTVBMDPNPTPOMBUF MFWJTJÖOFJOUFSOFU&TVOGPS NBUPFOFMRVFFMTUPSZUFMMJOH oMBQPTJCJMJEBERVFUJFOFOMBT NBSDBTEFDPOUBSIJTUPSJBTRVF FOHBODIFOoBZVEBBHFOFSBS VOOJWFMEFSFDVFSEPEFMBNBS DBZTPCSFUPEPEFFOHBHFNFOU NVDIPNBZPSFT%FCJEPBFTF FOHBHFNFOUMBTJOUFSBDDJPOFT DPOMBNBSDBCJFOTFBQPSDMJDL MJLFPDPNFOUBSJPTIBOBVNFO UBEPFOPSNFNFOUF 3FTQFDUPBMNÖWJMMBTXFCT BEBQUBEBTZSFTQPOTJWFFTUÆO DPOUSJCVZFOEPBRVFMPTDPN QSBEPSFTBQVFTUFODBEBEÑB NÆTQPSFMFOUPSOPQSPHSBNÆ UJDP&MBDDFTPEFTEFFMNÖWJM BFTUBTXFCTQFSNJUFVOBNFKPS FYQFSJFODJBEFVTVBSJPZFMJN QBDUPQVCMJDJUBSJPFTNÆTFGJDB[ EFCJEPBMUBNBÕPRVFPDVQB FMGPSNBUPQVCMJDJUBSJPFOMB QBOUBMMBEFMNÖWJMZMBDBQBDJ EBEEFTFHNFOUBDJÖOZHFPMP DBMJ[BDJÖORVFPGSFDF )FBEFS#JEEJOHFTMBTPMVDJÖO RVFQFSNJUFQPOFSBDPNQFUJS BMBUPUBMJEBEEFMJOWFOUBSJPEF MPTFEJUPSFTPGSFDJÍOEPMPBUP EBMBEFNBOEBJODMVZFOEPMB WFOUBEJSFDUBZMBQSPHSBNÆUJ DB&TUBNBHOÑGJDBJEFBIBTJ EPJNQVMTBEBQPS"QQ/FYVT VOPEFMPTHJHBOUFTFOMJ[BEFM NFSDBEPQFSPTJOIBCFSDPOTF HVJEPDPOWFODFSB(PPHMFFM PUSPHJHBOUFFODVFTUJÖORVF UJFOFTVQSPQJBWFSTJÖOEF)FB EFS#JEEJOHZRVFQPSBIPSB FTJODPNQBUJCMFDPOMBEF"QQ /FYVTMPRVFBSSPKBNVDIBT EVEBTTPCSFTVGVUVSP M. L. NPNFOUPBMDPOUFYUPZQPS TVQVFTUPBRVJFOWBEJSJHJEP FTFNFOTBKF &MDPOUFYUPSFGMFKBMB JNQPSUBODJBEFMCSBOEFE DPOUFOUFOEPOEFMBTNBSDBT PGSFDFODPOUFOJEPTBUSBZFOUFT QPSTÑNJTNPTWJEFPT FYDMVTJWPTDPOTFKPTÜUJMFT JOGPSNBDJÖOFOQSPGVOEJEBE FUDTPOEJGVOEJEPTBUSBWÍTEF MPTQFSGJMFTTPDJBMFTEFMB NBSDBDPNCJOBEPTDPO FTUSBUFHJBTEFQVCMJDJEBE OBUJWBFOEPOEFFMNFOTBKF QVCMJDJUBSJPEFMBNBSDBFT NFOPTJOUSVTJWPZTFBEBQUB FEJUPSJBMNFOUFBMTPQPSUFFOFM RVFTFEJGVOEF -BJOOPWBDJÖOUBNCJÍOTF SFGMFKBFODÖNPTFSFDPHFOZ NJEFOMPTEBUPTEFDBNQBÕB FTEFDJSDÖNPSFBDDJPOB JOUFSBDUÜBDPNQSBPSFDIB[B FMUBSHFUBDBEBBOVODJPFO DBEBTPQPSUFFOUJFNQPSFBM 1PSUBOUPVUJMJ[BNPTMB UFDOPMPHÑBQBSBHFOFSBSVO EJTDVSTPQVCMJDJUBSJPBEBQUBEP BMNPNFOUPIBCMBOEPBM UBSHFUFOTVUFSSFOPZ BNQMJGJDBOEPMBFYQFSJFODJB QBSBFTUBCMFDFSVOWFSEBEFSP EJÆMPHPVOBSFMBDJÖOEVSBEFSB FOMBRVFFMBOVODJBOUF TJFNQSFTFSÆDPOPDFEPSEF EÖOEFDVÆOEPZDÖNPTF DPOTVNFTVDBNQBÕB● -"$*'3" .& EFMBQVCMJDJEBEEJHJUBMEJTQMBZ FO&&66TFDPOUSBUBSÃEFNB OFSBQSPHSBNÃUJDBFOFM %.1 %BUB .BOBHFNFOU 1MBUGPSN QBSBSFDPHFSZDPN QJMBSFTBEBUBPCJFOBDVEJSFO UJFNQPSFBMFOFMNPNFOUPFO FMRVFTFFTUÆQSPEVDJFOEPFM QSPDFTPEFQVKBBMPTA%BUB&Y DIBOHFTQMBUBGPSNBTRVFDPN QSBOZDPNQJMBOEBUPTQBSB WFOEFSBVEJFODJBTZRVFFTUÆO DPOFDUBEBTDPOMBTTPMVDJPOFT EFDPNQSB%41 ZWFOUB441 &M#JH%BUBIBMMFHBEPBMNP EFMPEFDPNQSBWFOUBEFQV CMJDJEBEQSPHSBNÆUJDBQBSB USBOTGPSNBSMPEFGJOJUJWBNFO UFFOVOFDPTJTUFNBFGJDB[Z FGJDJFOUFDBSBDUFSÑTUJDBTOFDF TBSJBTQBSBRVFFMTJTUFNBTFB TPTUFOJCMF 20MINUTOS%JWFOESFTEFHFOFSEFM11 %JWFOESFTEFHFOFSEFM20MINUTOS 12 E <?HC7?DL?J7:7 2VFFMWJOPTFB WJOPBVORVFOP TFBNPEFSOP 1BDP#FSDJBOP %JSFDUPSEF"MNB7JOPT¿OJDPT ; MTFDUPSWJOÑDPMBMMFWB BÕPTQSFPDVQBEP$BEB WF[TFCFCFNFOPTWJOP FO&TQBÕB4JNJSBNPT MBTFTUBEÑTUJDBTEFDPOTVNP EFWJOPWFNPTRVFOVFTUSP QBÑTPDVQBFMQVFTUPFOFM NVOEP FOUSF MPT NFKPSFT DPOTVNJEPSFTZFMTJIBCMB NPTEF&VSPQB-BDJGSBFTSJ EÑDVMB/VFTUSPTMJUSPTQPS QFSTPOBZBÕPOPTEFKBOEF USÆTEFQBÑTFTDPOUBOQPDB USBEJDJÖOWJOÑDPMBDPNP4VF DJB#ÍMHJDBP/BNJCJBZEFT EFMVFHPNVZMFKPTEFOVFT USPTWFDJOPTGSBODFTFTZQPS UVHVFTFTRVFTVQFSBOMPT MJUSPT:FTPRVFTPNPTVOP EFMPTQBÑTFTDPONÆTUVSJTNP EFMNVOEPZUBNCJÍORVF PUSPTEBUPTSFEVDFOOVFTUSP DPOTVNP B QPDP NÆT EF MJUSPT &MNBZPSDPOTVNJEPSEFWJ OPQPSQFSTPOBFTFM7BUJDB OPDPOMJUSPT6OQBÑT QFSGFDUPQBSBFMWJOPOPQPSMBT NJTBTRVFTFDFMFCSBORVF BVORVFTFBONVDIBTVUJMJ[BO NVZQPDPWJOPTJOPQPSMBTDB SBDUFSÑTUJDBTEFTVQPCMBDJÖO FOTVHSBONBZPSÑBIPNCSFT NBEVSPTZTJOIJKPT &TUFSJEÑDVMPEBUPEFDPOTV NPEFWJOPFO&TQBÕBNÆTUP EBWÑBTJWFNPTRVFTPNPTFM DVBSUPQBÑTQSPEVDUPSUJFOFBM TFDUPSQSFPDVQBEP/BEJFTB CFOJOBEJFFTUVEJBEFWFSEBE MBTDBVTBTEFFTBCBKBEB/PFT FMQSFDJPTPNPTFMQBÑTEFM NVOEPRVFNÆTCBSBUPWFOEF NPTBQFOBTFVSPFMMJUSP 1VFEFTFSRVFMBJNBHFOEFMWJ OPTFIBZBRVFEBEPWJFKVOBZ MPTKÖWFOFTOPTFBDFSRVFOBÍM 1VFEFTFSUBNCJÍORVFMBDVM UVSBEFMWJOPTFIBZBBMFKBEPEF MBTFTDVFMBTZEFMBDBMMFNF UJEBEFMBNBMBNBOFSBFOFTP RVFTFMMBNBBMDPIPMJTNP &MTFDUPSWJOÑDPMBNVZEJT QFSTPFO&TQBÕBZGPSNBEPFO TVHSBONBZPSÑBQPSQFRVFÕBT FNQSFTBTGBNJMJBSFTOPBDBCB EFKVOUBSTFQBSBUPNBSNFEJ EBTRVFBDFSRVFOFMWJOPBMPT KÖWFOFTNFEJEBTQBSBIBDFSFM QSPEVDUPNÆTBUSBDUJWP/P UJFOFMPTNFEJPTFDPOÖNJDPT RVFTÑUJFOFOMBTDFSWF[BTPMPT MJDPSFTDPOTVTNPEFSOBTZFO BMHVOPTDBTPTNPEÍMJDBTDBN QBÕBTQVCMJDJUBSJBT $BEBQPDPBBMHÜOBUSFWJEP FTPRVFBIPSBTFMMBNBUBOFT USBGBMBSJBNFOUFAFNQSFOEF EPSMFWJFOFVOBPDVSSFODJB RVFÍMQJFOTBRVFFTHFOJBM 6OBEFMBTÜMUJNBTNFUFNP RVFOPMBÜMUJNBMMFWBCBFM OPNCSFEFWJOPB[VM6OHSV QPEFKÖWFOFTEFDJEJÖIBDFS VOQSPEVDUPQSPDFEFOUFEFMB VWBZEBSMFVOUJOUFB[VM-B JEFBQBSFDFRVFUVWPVODJFS UPÍYJUPJOJDJBMDVBOEPNFOPT EFQSFOTBZTFHÜOMPTFMBCPSB EPSFTUBNCJÍOEFQÜCMJDP 1FSPDMBSPIBZVOQSPCMFNB DPOFMOPNCSFFMWJOPB[VMFT DJFSUPRVFFTB[VMQFSPUBN CJÍORVFOPFTWJOP&MTFD UPSJOEVTUSJBMEFMWJOPFMRVF UJFOFUJFNQPZEJOFSPQBSBFT UBTDPTBTQSFTFOUÖVOBSFDMB NBDJÖOKVEJDJBMZDPNPFTMÖ HJDPMBHBOÖ/PQVFEFOVUJ MJ[BS MB QBMBCSB WJOP QBSB 1VFEFTFSRVFMB DVMUVSBEFMWJOPTF IBZBBMFKBEPEFMBT FTDVFMBTZEFMBDBMMF EFGJOJSFTUFQSPEVDUP&TBMHP UBOMÖHJDPDPNPRVFOPTF QVFEFMMBNBSUSJDJDMPBVO WFIÑDVMPEFEPTSVFEBT -PTFMBCPSBEPSFTB[VMBEPT TFIBOJOEJHOBEPDPOMBTFO UFODJBZIBOMMFHBEPBDSFBS VOBDBNQBÕBFO$IBOHFPSH QBSBDPOTFHVJSRVFTFMFTSF DPOP[DBMBDBUFHPSÑBEFWJOP /BEJFMFTQVFEFOFHBSFTFEF SFDIPZIBTUBFTQPTJCMFRVF DPOTJHBONÆTGJSNBTBGBWPS RVFCFCFEPSFTIBZFO&TQB ÕBQFSPFOSFBMJEBEFTUFQSP EVDUPUBOSFTQFUBCMFDPNP DVBMRVJFSPUSPZTFHVSPRVF DPOMBTNJTNBTNFEJEBTEF TFHVSJEBETBOJUBSJBRVFDVBM RVJFSPUSPOPFTVOWJOP&MMPT TFEFGJFOEFOj/PDSFFNPT FTUBSIBDJFOEPNBMBOBEJF 5BOTPMPJOUFOUBNPTBDFSDBS FTUFNVOEPBKÖWFOFTDPNP OPTPUSPT%FCFIBCFSIVFDP QBSBUPEPTx4FHVSPRVFIBZ VOIVFDPQBSBUPEPTZTJFM NFSDBEPMFTSFTQPOEFTFHVJ SÆOWFOEJFOEPQFSPFTFIVF DPOPFTUÆFOFMWJOP $PNPUBNQPDPMPTPOMPTWJ OPTEFDFSF[BPGSBNCVFTB4F SÆOMJDPSFTQFSPOPTPOWJOPZ OPQVFEFOVUJMJ[BSFTBQBMBCSB FOMBFUJRVFUB/JMPFTFMMMBNB EPAWJOPTJOBMDPIPMOJMPTPO MBNBZPSQBSUFEFMPTGSJ[[BO UFTQPSNVDIPRVFTFFMBCPSFO DPOVWBTZMMFWFOOPNCSFTUBO DVSJPTPTDPNP8JOP%JXJ OF4JOPUJFOFODPNPNÑOJNP VOBMDPIPMBERVJSJEPEFM WPMOPQVFEFOTFSWJOPFYDFQ UPBMHVOPTDBTPTEFWJOPTEF HSBOWBMPSIJTUÖSJDPDPNPMPT EVMDFTBMFNBOFTRVFQVFEFO UFOFSNFOPT &TOFDFTBSJPBDFSDBSFMWJOP BMPTKÖWFOFTQFSPOPEFCFIB DFSTFUSBJDJPOBOEPMBIJTUP SJB&TUÆOCJFOFTUPTJOUFOUPT EFNPEFSOJEBEZQVFEFRVF TJSWBOQBSBRVFBMHVOBHFOUF RVFOPIBCÑBCFCJEPOVODBWJ OPBIPSBMPIBHB1FSPOPEFCF DBFSTFFOFMFSSPSZMMBNBSWJOP BMPRVFOPMPFT● (&¹¹ &E4IFFSBOBDUVBSÆ FOBCSJMFO.BESJE ZFO#BSDFMPOB &E4IFFSBOWJTJUBSÆ&TQBÕB MPTEÑBT8J;JOL$FOUFSEF .BESJE Z1BMBV4BOU+PS EJEF#BSDFMPOB EFBCSJMQB SBQSFTFOUBSTVOVFWPEJT DP%JWJEFRVFQVCMJDBSÆ FMEFNBS[P-BTFOUSB EBTFTUBSÆOBMBWFOUBBQBS UJSEFMKVFWFTFO5JDLFUNBT UFSFT-JWF/BUJPOFTZFO &M$PSUF*OHMÍT G BEIB;9JEH;I ;DJH;L?IJ7D7$$ 7C7H7B &MHSVQPEFQPQ[BSBHP[BOP MJEFSBEPQPS+VBO"HVJSSFZ &WB"NBSBMOPTWJTJUBIPZB MBTI:BQVFEFTEFKBS UVTQSFHVOUBTFO .&4"."3"- 20MINUTOS%JWFOESFTEFHFOFSEFM 13 97F:;I;JC7D79?D;C7 97C8?EI:;F;HIED7B?:7: BB;L7:EI7B;NJH;CE +BNFT.D"WPZEBWJEBFO.ÜMUJQMFB,FWJOZTVTQFSTPOBMJEBEFT6/*7&34"-1*$563&4 A.¼-5*1-& &MEJSFDUPSEFA&MTFYUP TFOUJEPZVOHFOJBM ZDBNCJBOUF+BNFT .D"WPZQPOFOMPT QFMPTEFQVOUBTJO SFDVSSJSBMTVTUPGÆDJM B79HËJ?97 :;B7I;C7D7 1PS%BOJFM("QBSJDJP CÈI;IJH;DEI A#*--:-:// /PEBCBVOBFNQF[BOEPQPS MBFYUSBÕBFJODPNQSFOEJEB &MJODJEFOUF ZDPOUJ OVBOEPQPSMBIVFDBZUFEJP TB"JSCFOEFS PMBOFGBT UB"GUFS&BSUI RVFTVQV TPVOWBSBQBMPUBNCJÍOQBSB 8JMM4NJUI 1BSBSFHPDJKPEFDVBMRVJFSBGJ DJPOBEPBMCVFODJOFEFFOUSF UFOJNJFOUP.ÜMUJQMFTFBQSP YJNBNVDIPNÆTBTVTQSJNF SBTZCSJMMBOUFTQSPEVDDJPOFT RVFTVTÜMUJNPTQSPEVDUPTQSF A7*7*3%&/0$)& :BMPIJ[PDPOMBHBMBSEPOBEB "SHPZBIPSB#FO"GGMFDLWVFM WFBDPNQBHJOBSEJSFDDJÖOZBD UVBDJÖOFOFTUBDJOUBEFTVT QFOTFBNCJFOUBEBFOFM#PTUPO EFMPTBÕPTFOQMFOBMFZTF DB#BTBEBFOMBOPWFMBIPNÖ OJNBDVFOUBMBIJTUPSJBEF+PF $PVHIMJOFMIJKPEFVOJMVTUSF QPMJDÑBRVFFOWF[EFTFHVJSMPT QBTPTEFTVQBESFTFVOFBMDSJ NFOPSHBOJ[BEPQBSBUSBGJDBS DPOBMDPIPM TFHVJSOPNJOBDJPOFTBMPT QSFNJPT¹TDBS● &MÜMUJNPUSBCBKPEF"OH-FFHJ SBFOUPSOPBMBGJHVSBEF#JMMZ -ZOOVOKPWFOTPMEBEPEF BÕPTRVFKVOUPDPOFMSFTUPEF TVTDPNQBÕFSPTEFMQFMPUÖO #SBWPTFDPOWJFSUFFOQBSUFBD UJWBEFVOBBOHVTUJPTBCBUBMMB FO*SBLRVFHP[BEFVOBBNQMJB DPCFSUVSBUFMFWJTJWB$POWFSUJ EPTFOIÍSPFTNFEJÆUJDPTMPT NJMJUBSFTWVFMWFOBDBTBQBSB SFBMJ[BSVOBHJSBQSPNPDJPOBM QPS&&66.JFOUSBTTPOBDMB NBEPTQPSFMQÜCMJDPMPTQSP UBHPOJTUBTSFNFNPSBSÆOMPT NPNFOUPTNÆTDSÑUJDPTEFMFO GSFOUBNJFOUPRVFMFTEJPMBGB NBJODMVJEPTMPTEFUBMMFTNF OPTHMBNVSPTPT %JSFDUPS(BSUI%BWJT 3FQBSUP%FW1BUFM/JDPMF ,JENBO3PPOFZ.BSB %JSFDUPS"OH-FF 3FQBSUP+PF"MXZO4UFWF .BSUJO,SJTUFO4UFXBSU #SFUBÕB"ÕP'FMJDJBFT VOBDIJDBIVÍSGBOBDPOHSBO EFUFSNJOBDJÖOZVOÜOJDPTVF A-*0/ &MQFRVFÕP4BSPPEFBÕPT TFQJFSEFFOVOUSFOFOMB*OEJB TFQBSÆOEPTFEFTVTQBESFTZSF DPSSJFOEPNJMFTEFLJMÖNFUSPT IBTUBMMFHBSB$BMDVUB"MMÑFMOJ ÕPBQSFOEFSÆBTPCSFWJWJSIBT UBRVFVONBUSJNPOJPBVTUSB MJBOPMPBEPQUF7FJOUJDJODP BÕPTEFTQVÍTDPOUBOEPÜOJDB NFOUFDPOTVTSFDVFSEPTVOB EFUFSNJOBDJÖOJORVFCSBOUBCMF ZMBIFSSBNJFOUB(PPHMF&BSUI 4BSPPJOJDJBSÆMBCÜTRVFEBNÆT JNQPSUBOUFEFUPEBTVWJEBMB RVFMFMMFWBSÆBSFFODPOUSBSTF DPOTVTTFSFTRVFSJEPT#BTB EBFOFMMJCSPBVUPCJPHSÆGJDP EF4BSPP#SJFSMFZMBQFMÑDVMBMMF HBBOVFTUSBTQBOUBMMBTUSBTDPO C VDIPTZBIBCMBOFNP DJPOBEPTEFMHSBOSF UPSOP EF . /JHIU 4IZBNBMBO&MEJSFDUPS IJOEÜRVFGVFVOPEFMPTOJÕPT CPOJUPTEF)PMMZXPPEHSBDJBT BUSBCBKPTDPNP&MTFYUPTFOUJ EP&MQSPUFHJEPP4FÕBMFTTF DPOWJSUJÖIBDFBQSPYJNBEB NFOUFVOBEÍDBEBFOUPEPMP DPOUSBSJPDBTJVOBQFTUBEPDV ZPTUSBCBKPTFSBODSVFMNFOUF EFTUSP[BEPTQPSMBDSÑUJDBFJH OPSBEPTQPSFMQÜCMJDP %1BUFM4MVNEPH.JMMJPOBJSF QSPUBHPOJ[B-JPO%*".0/%'*-.4 %JSFDUPS#FO"GGMFDL 3FQBSUP#FO"GGMFDL4JFOOB .JMMFS;PF4BMEBOB&MMF'BOOJOH GBCSJDBEPT{4VSFUPSOP /P 4IZBNBMBO ZB WPMWJÖ B TFS 4IZBNBMBOFO-BWJTJUB EPOEFEFNPTUSÖRVFTFEFTFO WVFMWFNFKPSDPOUSBCBKPTEF QSFTVQVFTUPMJNJUBEPRVFFO MBTTVQFSQSPEVDDJPOFT &O.ÜMUJQMFDVFOUBMBIJTUP SJBEF,FWJOVOIPNCSFDPO QFSTPOBMJEBEFTEJGFSFOUFTRVF BSSBTUSBEPQPSVOBEFFMMBTTF DVFTUSBBUSFTDIJDBTBEPMFTDFO UFT"QBSUJSEFBIÑDPOTUSVZF VOUFOTPUISJMMFSRVFIFSFEB NVDIPTFMFNFOUPTEFMBDJUBEB -BWJTJUBZRVFSFDVFSEBFOTV QMBOUFBNJFOUPBGJMNFTDPNP $BMMF$MPWFSGJFMEVOPTKÖ WFOFTSFDMVJEPTFOVOQFRVF ÕPFTQBDJPEFMRVFOPQVFEFO FTDBQBSZEPOEFQFSNBOFDFO TJFNQSFWJHJMBEPTQPSTVJO RVJFUBOUFBOGJUSJÖO -BEJGFSFODJBFTRVFFOFTUF DBTPFMGPDPOPFTUÆTJFNQSFFO MBTWÑDUJNBTTJOPRVFBNFOV EPTFDFOUSBFO,FWJOZMBSF MBDJÖODPOTVQTJRVJBUSB°MFT MBFTUSFMMBZTFMPEFCFBMFYDFQ DJPOBMUSBCBKPEF+BNFT.D" WPZ&YQJBDJÖO9.FO1SJNF SBHFOFSBDJÖO4IBNFMFTT NÆT DBNBMFÖOJDPRVFOVODBBMEBS WJEBBEJGFSFOUFTQFSTPOBKFT RVFDPOWJWFOEFOUSPEFVOTP MPDVFSQP4JFNQSFQFSUVSCB EPSFTVOFTDBMPGSJBOUFHVTUP FTDVDIBSMFIBCMBSZDBNCJBSEF SFHJTUSP%FTBGPSUVOBEBNFO UFFOFMEPCMBKFTFQJFSEFFTUF WBMPSTPCSFUPEPDPOVOBEFMBT QFSTPOBMJEBEFTNÆTQFDVMJBSFT EFMQSPUBHPOJTUBQPSMPRVFMB WFSTJÖOPSJHJOBMFTBRVÑNÆTSF DPNFOEBCMFRVFOVODB )BZVOTFHVOEPQSPCMFNB FWJUBCMFZNVDIPNBZPSRVFFM EPCMBKFFMUSÆJMFSEFMBQFMÑ DVMB&OMBFSBEFMPTBEFMBO UPTOFGBTUPTRVFDVFOUBOMBT QFMÑDVMBTFOUFSBTEFQSJODJQJP BGJOFMEF.ÜMUJQMFTFMMFWBMB QBMNBSFWFMBOEPUPEBTMBTDMB WFTEFMBIJTUPSJBZEFTUSJQBOEP TJODPOUFNQMBDJPOFTFMÜMUJNP ÕPTFSCBJMBSJOB$POMBBZVEB EFTVNFKPSBNJHP7ÑDUPSVOKP WFOBTQJSBOUFBJOWFOUPSJEFB SÆVOQMBOQBSBFTDBQBSEFMPS GBOBUPZWJBKBSIBTUB1BSÑT6OB WF[BMMÑDPOMB5PSSF&JGGFMBÜO FODPOTUSVDDJÖOMBNVDIBDIB TFIBSÆQBTBSQPSPUSBQFSTPOB #BMMFSJOBZBIBMPHSBEPÍYJUP JOUFSOBDJPOBM"$0/53"$033*&/5& A#"--&3*/" QBSBDPOTFHVJSFOUSBSGPSNBS TFFOMBQSFTUJHJPTB(SBOE0QF SB)PVTFZIBDFSTFCBJMBSJOB4V NÜTJDBPSJHJOBMMBIBDPNQVFT %JSFDUPS./4IZBNBMBO 3FQBSUP+BNFT.D"WPZ"OZB 5BZMPS+PZ#FUUZ#VDLMFZ BDUPEFMGJMNF`/PWFBOFMUSÆJ MFS4JMPIBOWJTUPUBOTPMPMFT RVFEBVOBDPTBQPSEFTDVCSJS VOBTPSQSFTBRVFFMEJSFDUPS TFHVBSEBQBSBMPTDSÍEJUPTZ RVFTJOTFSFYBDUBNFOUFVOP EFFTPTHJSPTRVFUBOQPQVMBSMF IJDJFSPOTÑMFEBVOBOVFWB EJNFOTJÖOBMBQFMÑDVMBFTQF DJBMNFOUFQBSBMPTGBOTEFMEJ SFDUPSBRVFMMPTRVFOVODBQFS EJFSPOMBGFFOÍMZMPTRVFMB RVJFSFOSFDVQFSBS 'SFOUFBMJNQPOFOUF.D"WPZ OPEFTNFSFDFMBKPWFO"OZB 5BZMPS+PZRVFTFNFUFFOMB QJFMEFVOBEFMBTWÑDUJNBT oVOBKPWFOGSÑBJOUSPWFSUJEB ZDFSFCSBMoZDPOGJSNBVOBQSP NFUFEPSB DBSSFSB FO )P MMZXPPERVFZBEFKÖFOUSFWFS FO -BCSVKB &M USJEFOUF EF $POFTUFJORVJFUBOUF AUISJMMFS4IZBNBMBO EFKBDMBSPRVFWVFMWF BFTUBSFOQMFOBGPSNB HSBOEFTBDUVBDJPOFTMPDPN QMFUB#FUUZ#VDLMFZDPNPMB EPDUPSB,BSFO'MFUDIFSRVJFO FKFSDFFODJFSUPNPEPDPNP OBSSBEPSBFYQMJDJUBOEPMPTEF UBMMFTEFMBSHVNFOUP &MSFQBSUPTFDPOWJFSUFBTÑFO VOPEFMPTQJMBSFTTPCSFMPTRVF 4IZBNBMBOSFDPOTUSVZFTVJO DPOGVOEJCMFFTUJMPPSJHJOBM FGFDUJTUBQTJDPMÖHJDPPTDVSP DMBVTUSPGÖCJDPZRVFFOFTUF DBTPNÆTRVFOVODBEFKBDPO HBOBTEFNÆT● UP,MBVT#BEFMU1JSBUBTEFM$B SJCF ZFOMBCBOEBTPOPSBTFJO DMVZFODBODJPOFTEF4JBZ$BSMZ 3BF+FQTFO "OJNBDJÓO%JSFDUPSFT SJD8BSJOZSJD4VNNFS A%*356/0.#3& &MOVFWPUSBCBKPDPNPEJSFDUPS EF4FBO1FOOSFDJCJÖBCVDIFPT ZSFQSPDIFTQPSQBSUFEFQÜCMJ DPZDSÑUJDBBTVQBTPQPSFM'FT UJWBMEF$BOOFTDPOVOGMPKPBS HVNFOUPDFOUSBEPFOVOESB NB IVNBOJUBSJP Z VOBT BDUVBDJPOFTUBNCJÍOGMPKBTRVF TPMPTBMWB$IBSMJ[F5IFSPO&M FTQBÕPM+BWJFS#BSEFNIBDF BRVÑVOPEFMPTQFPSFTQBQF MFTEFUPEBTVDBSSFSB %JSFDUPS4FBO1FOO 3FQBSUP$IBSMJ[F5IFSPO+BWJFS #BSEFN+FBO3FOP %JWFOESFTEFHFOFSEFM20MINUTOS 14 97F:;I;JC7D7:;JEJ 9EJN;I>?IJÑH?9I7C8;BC7H:;<EDI "650.¹#*-4 &M3BMrMJ.POUFDBSMP )JTUÙSJDTFDFMFCSBSÉ BWVJBM.PMMEFMB .BSJOBJDPNQUBSÉ BNCVODFOUFOBS EFQBSUJDJQBOUT MERITXELL BAYARRI [POBCBSDFMPOB!NJOVUPTFT!N#BSDFMPOB 5FOJOUFM.FEJUFSSBOJDPNBUB MÖEFGPOTBRVFTUBUBSEBBM1PSU 0MÑNQJDEF#BSDFMPOBFTEJTQV UBSÉVOBOPWBFEJDJÖEFM3BMrMJ .POUFDBSMP)JTUÙSJD6ODFO UFOBSEFDPUYFTEFDBSSFSFTFTUB SBOQSFQBSBUTQFSTPSUJSMVOEB SSFSFMBMUSFFOBRVFTUBDVSTB EFSFHVMBSJUBU"RVÑNÍTRVF MBWFMPDJUBUFMNÍTJNQPSUBOUÍT SFBMJU[BS DBEB USBN BNC VO UFNQTFTQFDÑGJD$PNBOPWF UBUTBRVFTUBNÑUJDBDVSTBEF DPUYFTDFMFCSBMBTFWBWJOUFOB FEJDJÖJIPGBIPNFOBUKBOUBMTQJ MPUT+PIOOZ)BMMZEBZJ)FOSJ $IFNJORVFFMWBOQBS 6OEFMTWFIJDMFTRVFQBSUJDJQBBMSBMrMJEIJTUÙSJDT/¼3*"+¼-*""$/ UJDJQBSFOMBDBSSFSBBNCVO 'PSE.VTUBOH&M3BMrMJ.POUF DBSMP)JTUÙSJDÍTVOFTEFWFOJ NFOUPCFSUBUPUTFMTWFIJDMFT DMÉTTJDTRVFFOUSFFMJFM WBOQBSUJDJQBSFOFM3BMrMJ EF.POUFDBSMP"#BSDFMPOBKB ÍTMBRVJO[FOBWFHBEBDPOTFDV UJWBRVFTFDFMFCSBJRVFPSHBOJU [BFM3"$$&OMFUBQBEBWVJ RVFFTGBSÉBM1PSU0MÑNQJDFT QPESBO WFVSF WFIJDMFT IJTUÙSJDTFOVOBEFMFTDJUFTNÍT JNQPSUBOUTEFMSBMrMJ"JYÑEPODT FTUSBDUBEFMBTFHPOBTPSUJEB EFMFTTFUFOUPUBMFORVÐQBS UJDJQFONÍTWFIJDMFT-BDVSTB WBDPNFOÌBSFMQBTTBUEFHF OFSEFTE&TUPDPMNJIBQBTTBU QFSEJGFSFOUTMMPDTE&VSPQB "WVJFMQSJNFSUSBNFTGBSÉEFT EF#BE)PNCVSH"MFNBOZB BCBOTEFQBTTBSQFS#BSDFMPOB -BDBSSFSBDPOUJOVBSÉEJTTBCUFJ TBMMBSHBSÉGJOTEJVNFOHFNP NFOUFORVÐBDBCBSÉBM1SJODJ QBUEF.ÙOBDP● Dades pràctiques .PMMEFMB.BSJOB"WVJBMFTI #BSDFMPOB DJVUBUEFDSJNT MJUFSBSJT 7CxI $BEBDPQTÖONÍTMFTOPWFMrMFT RVFQSFOFOMBDJVUBUEF#BSDFMP OBDPNBFTDFOBSJEFMFTTFWFT IJTUÙSJFT)JBQBSFJYFO.PTTPT E&TRVBESBRVFJOWFTUJHVFO DSJNTPBTTBTTJOTRVFFTRVJUYFO EFTBOHFMQBWJNFOUEFMBDJVUBU "SBCÍDPNTJOTQJSFOFMTFT DSJQUPST 2VJOTFMFNFOUTVUJ MJU[FO 4PCSFBRVFTUTUFNFTTFO QBSMBSÉEJTTBCUFBMBUBVMBSP EPOB#BSDFMPOBDBQJUBMFVSP QFBEFMDSJNyMJUFSBSJ-BDUF RVFTJODMPVEJOTEFMGFTUJWBM #$/FHSBUJOESÉMMPDBMFTIB M"UFOFV#BSDFMPOÐT5PUTFHVJU BMFTIDPNFOÌBSÉVOB DPOWFSTBUJUVMBEB-BOPWFMrMBTP DJBMEFMBOPTUSBÐQPDBRVFSFGMF YJPOBSÉTPCSFMBEJGFSÐODJBFO USFSFBMJUBUJGJDDJÖ%BMUSBCBO EBFMQSPHSBNB1VOUEFMMJCSFEF MB$BEFOB4&3$BUBMVOZBQBS MBSÉBRVFTUDBQEFTFUNBOBTP CSFFMGFOPNFOMJUFSBSJEFMjQVMQ DBUBMÉxMJUFSBUVSBEFDPSEJMM &M4BMÖEFM$JOFNBJMFT4ÐSJFT BSSJCBEFMBMEFHFOFSB-B 'BSHBEF-)PTQJUBMFU$PNQ UBSÉBNCNÍTEFFYQPTJUPST EFNQSFTFTSFMBDJPOBEFTBNCFM TFUÐBSUJTIJPGFSJSBOEJGFSFOUT YFSSBEFTJUBMMFST"NÍTFTQSP KFDUBSBOFOQSJNÑDJBMFTOPWFUBUT EBMHVOTDBOBMTUFMFWJTJVTJIJ IBVSÉFYQPTJDJPOTBNCPCKFDUFT EFGJMNTDPN"OJNBMFT'BOUÆT UJDPTJ4UBS8BST -B'BSHBEF ● M. BAYARRI Dades pràctiques "UFOFV#BSDFMPOÍT$$BOVEB %JTTBCUFBMFTI1SFV(SBUVÐU 4ÐSJFTEFTUSFOBJQFDFT PSJHJOBMTEF)PMMZXPPE -)PTQJUBMFUD#BSDFMPOB&OUSB EBBOUJDJQBEBàJBUBRVJMMBà 4BOU"OESFVCBMMBTXJOH "RVFTUEJTTBCUFBMBQMBÌBEF $BO'BCSBTIJDFMFCSBVOBUSP CBEBQFSCBMMBSTXJOH&TUSBD UBEVOBQSPQPTUBQFSBUPUBMBGB NÑMJBJUPUTFMTOJWFMMTEFHFOFS EBI&OUSBEBHSBUVÐUB $JOFNBGBNJMJBS &M$FOUSF$ÑWJD$BTJOFUE)PTUB GSBODTBDVMMBRVFTUEJVNFOHF VOBQSPQPTUBQFSHBVEJSEFMIV NPSFOCMBODJOFHSFEFMBNÉEF $IBSMFT$IBQMJOJ#VTUFS,FB UPO$3FDUPS5SJBEÓ%NBMFT I1SFVà$BMJOTDSJQDJÓQSÍWJB 97HJ;BB;H7 ARENAS DE BARCELONA MULTICINES.1MB[B EF&TQBÒB5FM`$BOUB%JHJUBM z5FOÎBRVFTFSÊM %JHJUBM "OJNBMFTGBOUÃTUJDPTZEÓOEFFODPOUSBSMPT %JHJUBM#FMMF[BPDVMUB%JHJUBM$P NBODIFSÎB%JHJUBM$POUSBUJFN QP%JHJUBM'JHVSBTPDVMUBT%J HJUBM4% )BTUBFMÙMUJNPIPNCSF%JHJUBM-B DJVEBEEFMBTFTUSFMMBT-B-B-BOE %JHJUBM 74 %- 9+.-BMMFHBEB%J HJUBM-BMV[FOUSFMPTPDÊB OPT%JHJUBM-JPO%JHJUBM 4%.ÙMUJQMF%JHJUBM 4%0QFSB*M 5SPWBUPSF%JHJUBM1BTTFOHFST%JHJUBM 4-.9+% 3PHVF0OF6OBIJTUPSJBEF4UBS8BST%JHJUBM 4PNOJB%FOUSPEFUVTTVF ÒPT704& %JHJUBM5SPMMT%JHJUBM 6ONPOTUSVPWJFOFBWFSNF%JHJUBM 6OEFSXPSME(VFSSBTEFTBOHSF%JHJUBM 7BJBOB%JHJUBM7J MMBWJDJPTBEFBMMBEP%JHJUBM7JWJSEFOP DIF%JHJUBM7VFMUBBDB TBEFNJNBESF%JHJUBMY9Y3FBDUJWBUFE %JHJUBM ARIBAU.(SBO7JB5FM%JOTMg"S NBSJ704$ %JHJUBM&MNVOEPFOUFSP%J HJUBM-JPO%JHJUBM- .97JWJSEFOPDIF%JHJUBM ARIBAU MULTICINES. "SJCBV 5FM $POUSBUJFNQP%JHJUBM 'JHVSBTPDVMUBT%JHJUBM -BDJVEBEEFMBTFTUSFMMBT-B-B-BOE %J HJUBM-.9+7%4 .ÙMUJQMF%JHJUBM4JMFO DJP%JHJUBM45IF3PDLZ)PSSPS1JD UVSF4IPXTJOHBMPOH 704& %JHJUBM5P OJ&SENBOO%JHJUBM BOSQUE MULTICINES.3BNCMBEFM1SBU5FM `$BOUB%JHJUBM$P NBODIFSÎB%JHJUBM$POUSBUJFNQP%JHJ UBM-.9+7 'JHVSBTPDVMUBT%JHJUBM )BTUBFMÙMUJNPIPNCSF%JHJUBM-BDJV EBEEFMBTFTUSFMMBT-B-B-BOE %JHJUBM -BMMFHBEB%JHJUBM-JPO%J HJUBM-PWJOH%JHJUBM.ÙM UJQMF%JHJUBM0QFSB*M5SPWB UPSF%JHJUBM1BTTFOHFST%JHJUBM3P HVF0OF6OBIJTUPSJBEF4UBS8BST%JHJUBM -.9+74%5POJ&SENBOO%JHJUBM 7BJBOB%JHJUBM7JWJSEFOPDIF%J HJUBM CINEMES GIRONA.$(JSPOB5FM &MSFHBMPEF.PMMZ.POTUFS$BUBMÃO %JHJUBM %&MÙMUJNPSFZ$BUBMÃO %J HJUBM4&MÙMUJNPSFZ704& %J HJUBM4+&TQFDUBDMF.BHJB GBNJMZ$BUBMÃO %JHJUBM%'SBOU[ %JHJUBM4%9)PUFM4BM WBUJPO704& %JHJUBM-BTPQBEFQJF ESBTZPUSPTDVFOUPTBMSFWÊT $BUBMÃO %JHJ UBM-BTQMBOUBT%JHJUBM-97 +.BMBDSJBO[B%JHJUBM.JNPTBT 704& %JHJUBM./BDJEPFO4JSJB 704& %JHJUBM+¶QFSB*M5SPWB UPSF704& %JHJUBM¶QFSB-BGPSÉBEFMEFT UJOP3BFFT704* %JHJUBM4 %5FBUSF(SBO(VSV#PIJHVFT$BUB MÃO %JHJUBM5POJ&SENBOO%JHJUBM 9+4% CINESA DIAGONAL 3D.4BOUB'FEF/PV.ÍYJD TO5FM`$BOUB%JHJUBM-9+ 74%4%z5FOÎBRVFTFSÊM %JHJUBM747#BMMF SJOB$BUBMÃO %JHJUBM#BMMFSJOB%JHJUBM 74%4%4% #FMMF[BPDVMUB%JHJUBM$POUSBUJFNQP %JHJUBM74-.9+77 -.9+4%'JHVSBTPDVMUBT %JHJUBM-.9+7)BTUBFMÙM UJNPIPNCSF%JHJUBM.-BDJVEBEEF MBTFTUSFMMBT-B-B-BOE 704& %JHJUBM% .-BDJVEBEEFMBTFTUSFMMBT-B-B -BOE %JHJUBM-.9 +74%744%4 %-BMMFHBEB%JHJUBM-.+ -JPO%JHJUBM-.9+7 74.ÙMUJQMF704& %JHJUBM. .ÙMUJQMF%JHJUBM74 974%4%9% -+.¶QFSB*M5SPWBUPSF%J HJUBM0[[Z%JHJUBM1BTTFOHFST %JHJUBM-9+74%3PHVF0OF6OB IJTUPSJBEF4UBS8BST%JHJUBM5SPMMT%J HJUBM6OEFSXPSME(VFSSBTEFTBOHSF%J HJUBM7BJBOB%JHJUBM7JWJSEF OPDIF704& %JHJUBM.7JWJSEFOP DIF%JHJUBM-.974%-9+ 74%74+7VFMUBBDBTB EFNJNBESF%JHJUBMY9Y3FBDUJWBUFE%J HJUBM-9+74%-9+ CINESA DIAGONAL MAR.$$%JBHPOBM.BS"W %JBHPOBM 5FM`$BOUB%JHJUBM 74%4%z5FOÎBRVFTFS ÊM %JHJUBM74"OJ NBMFTGBOUÃTUJDPTZEÓOEFFODPOUSBSMPT%JHJUBM 4%"TTBTTJOgT$SFFE%JHJUBM -9+74%#BMMFSJOB$BUBMÃO %JHJUBM 4%#BMMFSJOB%JHJUBM 4%#FMMF[BPDVMUB%JHJUBM -.9+#MJOLZ#JMMFMLPBMB%JHJ UBM74%-.9+$PMPOJB %JHJUBM$POUSBUJFNQP%JHJUBM 74'JHVSBTPDVMUBT704& %JHJUBM'JHVSBTPDVMUBT%JHJUBM -9+74%744%-BDJV EBEEFMBTFTUSFMMBT-B-B-BOE 704& %JHJ UBM.-BDJVEBEEFMBTFTUSFMMBT-B -B-BOE %JHJUBM-. 9+74%-9+74%74 4%-BMMFHBEB%JHJUBM4% -.9+-BMV[FOUSFMPTPDÊBOPT%JHJUBM 974-JPO704& %JHJUBM .-JPO%JHJUBM-9+ 74%74-PTEFMUÙOFM%JHJUBM 74%74-PWJOH %JHJUBM-.+4%.POTUFSUSVDLT %JHJUBM.ÙMUJQMF704& %JHJUBM. .ÙMUJQMF%JHJUBM -.9+74%74%74 4%-9+.¶QFSB*M 5SPWBUPSF%JHJUBM0[[Z%JHJUBM1BT TFOHFST%JHJUBM74 4%3PHVF0OF6OBIJTUPSJBEF4UBS8BST %JHJUBM744% 4PNOJB%FOUSPEFUVTTVFÒPT704& %JHJUBM 5SBJOUP#VTBO%JHJUBM5SPMMT%J HJUBM6ONPOTUSVPWJFOFBWFSNF%JHJUBM -+.6OEFSXPSME (VFSSBTEFTBOHSF%JHJUBM74%- .9+7BJBOB%JHJUBM74% -.9+7JMMBWJDJPTBEFBM-BEP%J HJUBM7JWJSEFOPDIF704& %JHJUBM 7JWJSEFOPDIF%JHJUBM-9+74 %744%Y9Y3FBDUJWBUFE %JHJUBM744% CINESA HERON CITY.$$)FSPO$JUZ"OESFV /JOTO 5FM`$BOUB%JHJUBM 4%z5FOÎBRVFTFSÊM %JHJUBM 74#BMMFSJOB$BUBMÃO %JHJUBM 4%#BMMFSJOB%JHJUBM9 74%#MJOLZ#JMMFMLPBMB$BUBMÃO %J HJUBM#MJOLZ#JMMFMLPBMB%JHJUBM$PO USBUJFNQP%JHJUBM974%- .+'JHVSBTPDVMUBT%JHJUBM )BTUBFMÙMUJNPIPNCSF%JHJUBM74 -BDJVEBEEFMBTFTUSFMMBT-B-B-BOE %J HJUBM-.9+74% 744%-BMMFHBEB %JHJUBM-.9+%-BMV[FOUSFMPT PDÊBOPT%JHJUBM74-JPO%JHJ UBM744%-PT EFMUÙOFM%JHJUBM744% -PWJOH%JHJUBM.ÙMUJQMF%JHJUBM -.9+74%7% 74944%-.+ ¶QFSB*M5SPWBUPSF%JHJUBM0[[Z%J HJUBM%1BTTFOHFST%JHJUBM 744%3PHVF0OF6OBIJT UPSJBEF4UBS8BST%JHJUBM-9+ 74%744%5POJ&SENBOO %JHJUBM5SPMMT%JHJUBM6ONPOTUSVP WJFOFBWFSNF%JHJUBM6O EFSXPSME(VFSSBTEFTBOHSF%JHJUBM- 9+%747BJBOB%JHJUBM9 74%7JWJSEFOPDIF%JHJUBM 744%Y9Y3FBDUJWBUFE%J HJUBM744% CINESA LA MAQUINISTA.$JVUBUEg"TVODJÓO5FM `$BOUB%JHJUBM4% z5FOÎBRVFTFSÊM %JHJUBM74 "TTBTTJOgT$SFFE%JHJUBM#BMMFSJOB%JHJ UBM744%$PO USBUJFNQP%JHJUBM744% -.9+%'JHVSBTPDVMUBT%JHJUBM -.9+74% )BTUBFMÙMUJNPIPNCSF%JHJUBM-BDJV EBEEFMBTFTUSFMMBT-B-B-BOE %JHJUBM 744%-BMMF HBEB%JHJUBM-.9+7-JPO %JHJUBM744% -PTEFMUÙOFM%JHJUBM.POTUFSUSVDLT%J HJUBM.ÙMUJQMF%JHJUBM 744-.9+ %1BTTFOHFST%JHJUBM- .9+7744%3PHVF0OF 6OBIJTUPSJBEF4UBS8BST%JHJUBM 4%6OEFSXPSME(VFSSBTEFTBOHSF%J HJUBM7BJBOB%JHJUBM7JWJSEFOP DIF%JHJUBM744% Y9Y3FBDUJWBUFE%JHJUBM 744% COMÈDIA.1HEF(SÆDJB5FM&MFEJ UPSEFMJCSPT'JHVSBTPDVMUBT -BDJVEBEEFMBTFTUSFMMBT-B-B -BOE -JPO -PWJOH5POJ&SENBOO GLÒRIES MULTICINES.$$(MÖSJFT"W%JB HPOBM 5FM`$BOUB%JHJUBM $POUSBUJFNQP%JHJUBM- .9+7-BDJVEBEEFMBTFTUSFMMBT-B-B -BOE %JHJUBM-JPO%JHJUBM .ÙMUJQMF%JHJUBM 1BTTFOHFST%JHJUBM3P HVF0OF6OBIJTUPSJBEF4UBS8BST%JHJUBM 7BJBOB%JHJUBM7JWJSEFOPDIF %JHJUBMY9Y3FBDUJWBUFE %JHJUBM-.9+7 GRAN SARRIÀ MULTICINES.3POEB(FOFSBM.J USF5FM'JHVSBTPDVMUBT%J HJUBM'SBOU[%JHJUBM )BTUBFMÙMUJNPIPNCSF%JHJUBM-BDJV EBEEFMBTFTUSFMMBT-B-B-BOE %JHJUBM -JPO%JHJUBM -PWJOH%JHJUBM.ÙMUJQMF%JHJUBM 0QFSB*M5SPWBUPSF%JHJUBM5POJ&SE NBOO%JHJUBM7JWJSEFOP DIF%JHJUBM7VFMUBBDBTBEFNJ NBESF%JHJUBM PALAU BALAÑA MULTICINES.4BOU"OUPOJ 5FM`$BOUB%JHJUBM- .9+7%JSÊUVOPNCSF%JHJUBM 'JHVSBTPDVMUBT%JHJUBM -BDJVEBEEFMBTFTUSFMMBT-B-B-BOE %JHJUBM .ÙMUJQMF%JHJUBM 3PHVF0OF6OBIJTUPSJBEF4UBS8BST %JHJUBM-.9+76OEFSXPSME (VFSSBTEFTBOHSF%JHJUBM-.9+7 7JWJSEFOPDIF%JHJUBMY9Y 3FBDUJWBUFE%JHJUBM VERDI KIDS.5PSSJKPT5FM`$BO UB)%#BMMFSJOB$BUBMÃO )% 74%4%#BMMFSJOB)%-BTP QBEFQJFESBTZPUSPTDVFOUPTBMSFWÊT $BUB MÃO )%7BJBOB)% $03/&--©%&--0#3&("5 CINEMES FULL.$FOUSFDPNFSDJBM4QMBV"WJO HVEB#BJY-MPCSFHBU5FM`$BOUB %)%`$BOUB)%%JHJUBM 9+74%4%4% z5FOÎBRVFTFSÊM |)% 4%NFUSPT"OJNBMFTGBO UÃTUJDPTZEÓOEFFODPOUSBSMPT)%%JHJUBM -."TTBTTJOgT$SFFE)%%JHJUBM "YFMFMQFRVFÒPHSBOIÊSPF )%#BMMFSJOB$BUBMÃO )%%JHJUBM -9+74%4%#BMMF SJOB%)%-4% #BMMFSJOB)%%JHJUBM9+74% 4%#FMMF[BPDVMUB)% -9+74%-.9+7 #JMMZ-ZOO704& )% #JMMZ-ZOO)%#MJOLZ#JMMFM LPBMB)%4%#VTDBOEPB%PSZ )%$JHÛFÒBT)%%JHJUBM$PMPOJB -$PMPOJB704& $PNBODIFSÎB$POUSBUJFNQP )%-.9+7 4%%JSÊUVOPNCSF704& )% %JSÊUVOPNCSF)%- %PDUPS4USBOHF%JHJUBM &MIPHBSEF.JTT1FSFHSJOFQBSBOJÒPTQFDVMJB SFT)%'JHVSBTPDVMUBT704& )% 'JHVSBTPDVMUBT)%-.9+ 79+74%4%. )BTUBFMÙMUJNPIPNCSF)%-BDIJ DBEFMUSFO-BDJVEBEEFMBTFTUSFMMBT-B -B-BOE 704& )%-BDJV EBEEFMBTFTUSFMMBT-B-B-BOE )% -.9+74%-B MMFHBEB704& )%-BMMFHBEB)% .-BUPSUVHBSPKB.-JPO )%-.9+7 4%-PTEFMUÙOFM)%- ..BTDPUBT)%%JHJUBM .POTUFSUSVDLT%JHJUBM4% .ÙMUJQMF704& )% .ÙMUJQMF)%-.9 +74%-.9+74% /PDVMQFTBMLBSNBEFMPRVFUFQBTBQPS 0SNFOFM3FJOPEFMBT/JFWFT)% 4%0[[Z)%1BTTFOHFST70 4& )%%JHJUBM1BTTFOHFST%)% 1BTTFOHFST)%%JHJUBM -.9+74%3PHVF0OF6OB IJTUPSJBEF4UBS8BST%)%-. 3PHVF0OF6OBIJTUPSJBEF4UBS8BST )%%JHJUBM4%4BWWB)% -.9+74%4% 4JFUFWJEBTFTUFHBUPFTVOQFMJHSP)% 4JMFODJP4JMFODJP704& 4PNOJB %FOUSPEFUVTTVFÒPT704& )%4VMMZ 5POJ&SENBOO704& )%5P OJ&SENBOO)%-9+74%5SBJO UP#VTBO)%.9+74%- .5SPMMT%)%5SPMMT)%%J HJUBM4%-6ONPOT USVPWJFOFBWFSNF6OEFSXPSME(VF SSBTEFTBOHSF704& )%%JHJUBM 6OEFSXPSME(VFSSBTEFTBOHSF)%%JHJUBM -.9+74% 7BJBOB%)%7BJBOB)%%JHJUBM -9+74%9+74%4% .7JMMBWJDJPTBEFBM-BEP )%-.7JWJSEFOPDIF 704& )%7JWJSEFOPDIF)% -.9+74% Y9Y3FBDUJWBUFE%)%9 +74%Y9Y3FBDUJWBUFE)%%JHJUBM -.9+74% CINESA LLOBREGAT CENTRE 3D.$FOUSPDP NFSDJBM $USBEg&TQMVHVFT5FM `$BOUB%JHJUBM%4%4 z5FOÎBRVFTFSÊM %JHJUBM -.9+%#BMMFSJOB%JHJUBM7 44%'JHVSBTPDVMUBT %JHJUBM-.9+74-.9+7 %-BDJVEBEEFMBTFT USFMMBT-B-B-BOE %JHJUBM 74%-PTEFMUÙOFM%JHJUBM -.9+74 4%%.ÙMUJQMF%JHJUBM 74%-.9 +%1BTTFOHFST%JHJUBM 6OEFSXPSME(VFSSBTEFTBOHSF%JHJUBM 7BJBOB%JHJUBM4%Y9Y3FBDUJ WBUFE%JHJUBM74 % 20MINUTOS%JWFOESFTEFHFOFSEFM 15 97F:;I;JC7D7:;JEJ ¸7DD;IKBB?L7D¹" 7:7FJ7:7 F7H7IEH:EIO9?;=EI &4$&/" &MDMÆTJDPEF8JMMJBN (JCTPOTPCSFVOB QSPGFTPSBRVFFEVDB BVOBOJÕBDPO EJTDBQBDJEBEFTMMFHBBM 5FBUSFEFM3BWBMEFMB NBOPEF&NQBS-ÖQF[ C. MERCADER DNFSDBEFS!NJOVUPTFT!N &MNJSBDMFE"OOF4VMMJWBOMB GBNPTBPCSBEFUFBUSPCBTBEB FOMBIJTUPSJBSFBMEFVOBQSP GFTPSBRVFFEVDBBVOBOJÕB TPSEPNVEBZDJFHBMMFHBBM 5FBUSFEFM3BWBMZMPIBDF DPOBVEJPEFTDSJQDJÖOQBSB QFSTPOBTJOWJEFOUFTZDPO USBOTDSJQDJÖOBMMFOHVBKFEF TJHOPTVOBWF[QPSTFNBOB &NQBS-ÖQF[EJSJHFMBWFS TJÖOFODBUBMÆOEFFTUFDMÆ TJDPEF8JMMJBN(JCTPORVF TFFTUSFOÖFOFMBÕPRVF GVFQSFNJBEPDPODVBUSPQSF NJPT5POZEFUFBUSPZEJPMV HBSBVOBQFMÑDVMBEF"SUIVS 1FOOHBMBSEPOBEBDPOEPT QSFNJPT¹TDBS -BPCSBDVFOUBMBIJTUPSJB EFMBQSPGFTPSB"OOF4VMMJ WBOJOUFSQSFUBEBQPS.ÑSJBN &TDVSSJPMBRVFNFEJBOUFMB FEVDBDJÖOEF)FMFO,FMMFS VOBOJÕBDJFHBZTPSEPNVEB USBUBEFEFKBSBVOMBEPTV DPNQMFKPEFDVMQBCJMJEBEQPS MBNVFSUFEFTVIFSNBOP -BQFRVFÕBBMBRVFEBWJ EB.BS'FSSFSFOTVQSJNFS USBCBKPQSPGFTJPOBMFTUÆDPO TJEFSBEBDPNPVOBEFTHSBDJB EFMBOBUVSBMF[BDPOMBRVFFT JNQPTJCMFVOBDPNVOJDB DJÖOFGJDB[7JWFFOVONVO EPQSPQJPDPNQMFUBNFOUF BKFOPBMBSFBMJEBEZOPMP HSBSPNQFSFTUBCVSCVKBIBT UBRVFMBQSPGFTPSBDPONV DIBQBDJFODJBSJHPSZEJTDJ QMJOBDPOTJHVFFOTFÕBSMBB IBDFSMP Datos prácticos .ÑSJBN&TDVSSJPMBZ.BS'FSSFSMBTQSPUBHPOJTUBT5&"53&%&-3"7"- 5FBUSFEFM3BWBM$4BOU"OUPOJ "CBU)PZBMBTIPSBT TÃCBEPBMBTIPSBTZFM EPNJOHPBMBTIPSBT1SFDJP FVSPTXXXUFBUSFEFMSBWBMDPN $BOÌPOT WJPMFUFTQFS EPOBSQBTBM #BSOBTBOUT '&45*7"- .POUTF$BTUFMMÉ4ÑMWJB$P NFT.FSJUYFMM(FOÍJ*WFUUF /BEBMSFJWJOEJRVFOMBMMJCFS UBUJMBJHVBMUBUBUSBWÍTEF DBOÌPOTRVFQBSMFOEFEPOFT RVFMMVJUFOJFTUJNFO&TGBO EJS-FT,PMrMPOUBJFOIPNFOBU HFB"MFYBOESB,PMrMPOUBJRVJ WBTFSMBQSJNFSBEPOBBN CBJYBEPSBEFMBIJTUÙSJBFOMB SFWPMVDJÖCPMYFWJDBSBGBVO TFHMF5BNCÍUFOFOQSFTFOUMB -FT,PMrMPOUBJDBOÌPOT GFNJOJTUFTQFSMBMMJCFSUBU GJHVSBEF7JPMFUB1BSSBSFGF SFOUEFMBDBOÌÖYJMFOBJMMBUJ OPBNFSJDBOBRVFDFMFCSBFM TFVDFOUFOBSJ●R. B. Dades pràctiques 5FBUSF+PWFOUVU"WVJI FVSPTXXXCBSOBTBOUTDPN 7CxI 'FTUJWBM#"OJNF -FEJDJÖEIJWFSOEFM#"OJNF 'JMN'FTUJWBMJODMPVMBQSPKFDDJÖ EFMBQFMrMÑDVMB0OF1JFDF(PMEJ VOBFYIJCJDJÖJVOUBMMFSEFTV NJFBNC.JUTVSV/BHBUBVO BSUJTUBKBQPOÐTRVFDPNCJOBFM TVNJFJFMTIPEPJRVFBDUVBM NFOUSFTJEFJYB#BSDFMPOB #JCMJPUFDB&M$MPU1M(MÖSJFT%JT TBCUFEFBI(SBUVÐU 4XJOHEFDJOFNB 4DJ'JFEJUJPO -BNÜTJDBTXJOHJFMDJOFNBEF DJÐODJBGJDDJÖBOJSBOEFMBNÉFO M4XJOHEFQFMMÑDVMB4DJ'JFEJ UJPO&MDPODFSUDPNQUBSÉBNC MFTBDUVBDJPOTEF4XJOH#BOE MFT$PSUTMPT+VBOFTEFM"QP DB%JYJFJ4BQIJF8FMMTUIF 4XJOH$BUT-B$BMEFSBEFMFT$PSUT %JTTBCUFEFHFOFS&OUSBEBà %JWFOESFTEFHFOFSEFM20MINUTOS 16 $PQB%FM3FZ ;b8WhWWYWXWYedbWH[Wb o`k]Wh|bWii[c_\_dWb[i */5&/4*%"%-B3FBM QMBOUÖDBSBQFSPTF RVFEÖTJOHBTPMJOB FOMBSFDUBGJOBM %&/*446¦3&;&M HBMMFHPNBSDÖEPT UBOUPTZDSFDFFOFM KVFHPEFM#BSÌB #30/$"4/FZNBSZ -VJT4VÆSF[UVWJFSPO FODPOUSPOB[PT DPO7FMBZ:VSJ R. D. EFQPSUFT!NJOVUPTFT!N%FQPSUFT &M#BSÌBTFDMBTJGJDÖBOPDIFQB SBMBTTFNJGJOBMFTEFMB$PQBEFM 3FZUSBTTVQFSBSFOFM$BNQ /PVBMB3FBM4PDJFEBEFOVO QBSUJEPNÆTCSPODPRVFCPOJUP QBSBFMFTQFDUBEPS -BTCBKBTPCMJHBSPOBJNQSP WJTBSB-VJT&OSJRVFRVFUSBOT GPSNÖB.BTDIFSBOPFO#VT RVFUTDPO"OESF(PNFTZ%F OJT4VÆSF[BDPNQBÕBOEPBM BSHFOUJOPFOFMDFOUSPEFMDBN QP1PSEFUSÆT6NUJUJGVFMBQB SFKBEF1JRVÍFOFMFKFEFMBEF GFOTB:FOBUBRVFFTPTÑOPGBM UÖ FM USJEFOUF BM DPNQMFUP .FTTJ/FZNBS4VÆSF[ -B3FBM4PDJFEBEQPSTVQBS UFTFQSFTFOUÖFOFMDPMJTFP B[VMHSBOB DPNP VOP EF MPT FRVJQPTSFWFMBDJÖOEFMB-JHB ZDPOMBJOUFODJÖOEFMFWBOUBS MBFMJNJOBUPSJB"TÑFMFODVFO USPBSSBODÖDPONVDIBJOUFOTJ EBEZQSFTJÖOQPSQBSUFEFMPT EPTFRVJQPTBVORVFDPOFT DBTBTMMFHBEBTBMÆSFB $BSMPT7FMBFNQVKBB/FZNBSUSBTVOBEJTDVTJÖO-PTEPTWJFSPOUBSKFUBBNBSJMMB&'& 1FSPMMFHBEPFMNJOVUPFM #BSÌBMPHSÖQFOFUSBSFOUSFMB EFGFOTBEPOPTUJBSSBZTFBEF MBOUÖFOFMNBSDBEPS-VJT4VÆ SF[BTJTUJÖFOFMÆSFBB%FOJT RVFCBUJÖB3VMMJDPOVOEJTQB SPDSV[BEP 1PDBTPDBTJPOFTNÆTIVCP BOUFTEFMEFTDBOTP6OEJTQBSP EF8JMMJBO+PTÍDBTJTJOÆOHV MPQBSBMB3FBMZVOQBTFEFMB NVFSUFEF-VJT4VÆSF[RVF GSVTUSÖ*ÕJHP.BSUÑOF[&ODBN CJPMBUFOTJÖOTÑTFGVFJODSF NFOUBOEPFOFMDÍTQFEDPOFM QBTPEFMPTNJOVUPTDPOVO SJGJSSBGFFOUSF/FZNBSZ7FMB DPOEJTDVTJÖOZFNQVKPOFT RVFTFTBMEÖDPOBNBSJMMBQBSB BNCPTGVUCPMJTUBT -BTFHVOEBNJUBEBSSBODÖ DPOVODBNCJPFOMBTGJMBTB[VM HSBOBTZBRVF4FSHJ3PCFSUP DPONPMFTUJBTOPSFHSFTÖBM DÍTQFEZTVQVFTUPMPPDVQÖ "MFJY7JEBM-BJOUFOTJEBEFOFM DBNQPTFNBOUVWPZUBNCJÍO FMKVFHPCSPODPDPOVODPEB[P EF-VJT4VÆSF[B:VSJUSBTBHB SSÖOQSFWJPEFMWBTDPRVFMF DPTUÖMBUBSKFUBBMVSVHVBZP 1FSPMBFMJNJOBUPSJBTFSPN QJÖTJFUFNJOVUPTEFTQVÍTEFMB SFBOVEBDJÖOFOVOBEPCMFKV HBEB1SJNFSP$JMMFTTFOTBMWÖ VOEJTQBSPBCPDBKBSSPEF8J -"$-"7& 4PSUFPQVSPFO MBTTFNJGJOBMFT )PZTFDFMFCSBBMBT IPSBTFOMB$JVEBEEFM 'ÙUCPMEF-BT3P[BTFM TPSUFPEFMBTTFNJGJOBMFT EFMB$PQBEFM3FZDPO "UMÊUJDP#BSÉB$FMUBZ "MBWÊT/PIBCSÃOJOHÙO DPOEJDJPOBOUFFOFMTPS UFPZMPTQBSUJEPTEFJEB TFEJTQVUBSÃOFMEFGF CSFSPZMPTEFWVFMUBFM #"3¬"3&"-40$*&%"% '$#BSDFMPOB$JMMFTTFO4FSHJ3P CFSUP7JEBMN 1JRVÊ6NUJUJ"M CB.BTDIFSBOP3BLJUJDN "O ESÊ(PNFT%FOJT4VÃSF[.FTTJ /FZNBS"SEBN 4VÃSF[ 3FBM3VMMJ&MVTUPOEP0ESJP[PMBN /BWBT*.BSUÎOF[:VSJ;VSVUV[B *MMBSSB1SJFUP$BOBMFTN 7FMB +VBONJN 8+PTÊ0ZBS[ÃCBM (PMFTN%FOJTN .FTTJQFO N+VBONJN 4VÃSF[N8JMMJBO+PTÊ N"SEBN%FOJT MMJBO+PTÍFOMBPDBTJÖONÆT DMBSBEFMB3FBMZKVTUPEFTQVÍT FM#BSÌBNPOUÖVOBDPOUSBWFS UJHJOPTBEFMBRVF/FZNBSTBDÖ VOQFOBMUJ-FP.FTTJTFFODBS HÖEFUSBOTGPSNBSMPDPOVOMBO [BNJFOUPBKVTUBEPBMQBMP "VORVFFM#BSÌBUFOÑBFMQBTF FOMBNBOPFMFRVJQPEF&V TFCJPOPTFSJOEJÖZFOFMNJOV UPSFEVKPEJTUBODJBT5SBTVO SPCPEFCBMÖO+VBONJTFQMBO UÖTPMPBOUF$JMMFTTFOZFMFWÖ FMCBMÖOQPSFODJNBEFMQPSUF SPIPMBOEÍTQBSBNBSDBS-B3F BMWPMWÑBBFTUBSFOMBFMJNJOBUP SJBQFSPFTBJMVTJÖOBQFOBTMF EVSÖVONJOVUP .FTTJQVTPVOCBMÖOFOQSP GVOEJEBEQBSB-VJT4VÆSF[Z FMVSVHVBZPOPQFSEPOÖFOFM NBOPBNBOPDPOFMHVBSEB NFUBEFMB3FBM"VORVFFTFSÆ QJEPUBOUPEF4VÆSF[QFTÖFOMBT GJMBTEPOPTUJBSSBTMB3FBMWPM WJÖBBDFSDBSTFFOFMNBSDBEPS FOFMNJOVUPDPOVODBCF [B[PEF8JMMJBO+PTÍBDFOUSPEF &MVTUPOEP1FSPFMDPNCVTUJCMF EFMB3FBMTFBHPUÖFOMBSFDUBGJ OBMZFM#BSÌBBDBCÖHPMFBOEP DPOEJBOBTEF"SEB5VSBORVF BDBCBCBEFFOUSBSFOFMDBNQP ZEF%FOJTCJHPMFBEPSFMHB MMFHP● COPA DEL REY - CUARTOS (VUELTA) "MBWÊT"MDPSDÓO &JCBS"UMÊUJDP $FMUB3.BESJE #BSÉB34PDJFEBE &YIJCJDJÖOBOPUBEPSBEF.BSD(BTPMFOMB/#" "QFOBTVOBTIPSBTBOUFTEF RVFTFIJDJFSBPGJDJBMRVÍKV HBEPSFTBDVEJSÆODPNPTV QMFOUFTBM"MM4UBSTFDPNV OJDÖ MB QBTBEB NBESVHBEB QVFEFDPOTVMUBSMPFONJOV UPTFT .BSD(BTPMDVBKÖTV NFKPSBDUVBDJÖOFOMB/#"GJS NBOEPVOPTJNQSFTJPOBOUFT QVOUPTFOMBWJDUPSJBEFMPT .FNQIJT(SJ[[MJFTBOUFMPT5P SPOUP3BQUPST -BUFNQPSBEBEFMNFEJBOP EFMPT(BTPMFTUÆTJFOEPFTQFD UBDVMBSZFMQBSUJEPBOUFFMDPO KVOUPDBOBEJFOTFOPGVFNÆT RVFMBQSVFCBEFRVFFMQÑWPU FTQBÕPMNFSFDFFTUBSKVOUPB MPTNFKPSFTEFMNVOEPFOFM QBSUJEPEFMBTFTUSFMMBTRVFUFO ESÆMVHBSFMQSÖYJNPEPNJOHP EFGFCSFSPFO/VFWB0SMFBOT "OUFMPT3BQUPST.BSDBOPUÖ TVT QVOUPT DPO VO HSBO BDJFSUPFOFMUJSPEFJO DMVJEPVOGBOUÆTUJDPEFFO FMUSJQMF DBQUVSÖSFCPUFTZ EJPEPTBTJTUFODJBT1BSBSFEPO EFBSTVOPDIFNÆHJDBFMQÑ WPUBOPUÖEPTUJSPTMJCSFTEFDJ TJWPTFOFMÜMUJNPNJOVUPEFM FODVFOUSPRVFQVTPMBSÜCSJDB -"$*'3" *( QVOUPTIJ[P.BSDTVNF KPSNBSDB4JOFNCBSHPMB NBZPSBOPUBDJÓOEFVOFT QBÒPMFOMB/#"TJHVFFO QPEFSEFTVIFSNBOP1BV FOBOUF#VDLT BMUSJVOGPEFMPT(SJ[[MJFTRVF NBSDIBOTÍQUJNPTFOMB$PO GFSFODJB0FTUFDPOWJDUPSJBT ZEFSSPUBTZUPEPBQVOUBB RVFSFQFUJSÆOQSFTFODJBFOMPT QMBZPGGTQPSFMUÑUVMP 5BNCJÍOCSJMMBSPOFOMBNB ESVHBEBEFMNJÍSDPMFT©MFY "CSJOFTRVFBOPUÖQVOUPT FONJOVUPTFOFMUSJVOGPEF MPT5IVOEFSBOUFMPT1FMJDBOT Z8JMMZ)FSOBOHÖ NF[RVFMPHSÖQVOUPTZSF CPUFTFONJOVUPTFOMBEF SSPUBEFMPT,OJDLTBOUFMPT.B WFSJDLT ● R. R. Z. 'FEFSFSEF KVHBSjQBSUJEPT EFDBSJEBEx BMBGJOBM EF"VTUSBMJB 3PHFS'FEFSFSUBNCJÍOIBWVFM UP&MFYOÜNFSPEFMNVOEPTF NFUJÖBZFSFOMBGJOBMEFM"CJFS UPEF"VTUSBMJBUSBTEFSSPUBSBTV DPNQBUSJPUBTVJ[P4UBO8BXSJO LB FO DJODP TFUT Z "DUVBMNFOUF FOFMQVFTUPFOMB"51'FEF SFSEFNPTUSÖDPNPFTUÆIBDJFO EP3BGB/BEBMRVFIBSFDVQF SBEPTVNFKPSUFOJTEFTQVÍTEF VOBMBSHBUFNQPSBEBEFEFDMJWF j)BDFVOPTNFTFT3BGBZZPFT UÆCBNPTQBSBKVHBSQBSUJEPTEF DBSJEBEZBIPSBQPEFNPTKV HBSMBGJOBMFO"VTUSBMJB&TJO DSFÑCMFxEJKPFMTVJ[P)PZ/B EBMQVFEFDPOWFSUJSTFFOTVSJ WBMFO.FMCPVSOFTJTVQFSBBM CÜMHBSP(SJHPS%JNJUSPW● ●7 .&4%&1035&4 4JHVFFOEJSFDUPMBTFNJGJOBMFOUSF /BEBMZ%JNJUSPWFOOVFTUSBXFC IPZBQBSUJSEFMBTIPSBT (&¹¹ 1SPQPOFOFMDJFSSF QBSDJBMEFM1J[KVÆO &M$PNJUÍEF$PNQFUJDJÖOIB SFNJUJEPBM4FWJMMBVOBQSPQVFT UBEFTBODJÖORVFDPOMMFWBSÑB FMDJFSSFQBSDJBMQPSVOFODVFO USPEFM4ÆODIF[1J[KVÆOEFCJEP BMPTDÆOUJDPTPGFOTJWPTSFBMJ [BEPTQPSBGJDJPOBEPTFOFMQBS UJEPEF-JHBBOUFFM.ÆMBHB 9BWJSFOVFWBPUSB DBNQBÕBDPOFM"M4BEE &MFYKVHBEPSEFM#BSÌB9BWJ)FS OÆOEF[GJSNÖBZFSMBSFOPWBDJÖO EFTVDPOUSBUPDPOFM"M4BEE QPSVOBÕPDPOMPRVFFTUBSÆ WJODVMBEPBMFRVJQPDBUBSÑIBT UBFMGJOBMEFMBUFNQPSBEB j&TVOBBMFHSÑBQPEFSTF HVJSKVHBOEPDPOBÕPTZIBT UBDPOxEJKP9BWJ -B+VWFOUVTOJFHB WÑODVMPTDPOMBNBGJB -B+VWFOUVTSFDIB[ÖBZFSFOVO DPNVOJDBEPMBTJOGPSNBDJPOFT QVCMJDBEBTFO*UBMJBRVFBTFHV SBO RVF NJFNCSPT EFM DMVC NBOUVWJFSPOWÑODVMPTDPOMB NBGJBDBMBCSFTB/ESBOHIFUB &MKBNBJDBOP$BSUFSTF QMBOUFBSFDVSSJSBM5"4 &MBUMFUBKBNBJDBOP/FTUB$BS UFSEFTDBMJGJDBEPQPSEPQBKF FO1FLÑOZQSJWBEPEFMPSP RVFMPHSÖFOYFTUVEJBSF DVSSJSBM5SJCVOBMEF"SCJUSBKF %FQPSUJWP5"4 4VEFTDBMJGJDB DJÖOBDBSSFÖMBQÍSEJEBEFMPSP QBSBUPEPTTVTDPNQBÕFSPT 'SBUFS1PXFMMZ#PMU 20MINUTOS%JWFOESFTEFHFOFSEFM 17 BWj[b[l_i_d"[ij[\_dZ[i[cWdW >EHÏI9EFE 1PS"NBMJBEF7JMMFOB Aries &MBÒPOVFWPUFIBUSBÎEP BMHVOBTBMFHSÎBTQFSPUBNCJÊO DPNQSPNJTPTRVFBIPSBUPDB DVNQMJS/PQVFEFTUJSBSMBUPBMMB OJIBDFSDBTPBMBQFSF[BOFDFTJ UBTNBOUFOFSMBEJTDJQMJOBBVO RVFUFTFOUJSÃTDPONVDIBGVFS[B Libra /PTFSÃVOCVFOEÎBMPT QFOTBNJFOUPTOFHBUJWPTUFBMDBO [BSÃOZOPQPESÃTIBDFSPUSBDPTB RVFJOEBHBSRVÊFTMPRVFBIPSB NJTNPUFJORVJFUB1BTBSUJFNQP IBDJFOEPMPRVFUFHVTUBTFSÃJEFBM QBSBTBMJSEFMPRVFUFMJNJUB Tauro -BMMFHBEBEFMGJOEFTFNB OBUFTFOUBSÃJHVBMEFCJFORVF VOBCSJTBTVBWFTPCSFMBQJFM4JO FNCBSHPDPOWJFOFRVFQFSNB OF[DBTBUFOUPZNVZDFOUSBEP EVSBOUFUPEBTMBTIPSBTEFUSBCB KPIBZBMHPRVFQPESÎBUPSDFSTF Escorpio -BMMFHBEBEFMGJOEF TFNBOBUFNPUJWBSÃMPTVGJDJFOUF DPNPQBSBSFOEJSBMNÃYJNPFOFM USBCBKPZMMFHBSÃTBTFSUVNFKPS NBOJGFTUBDJÓO6OPEFUVTKFGFT SFDPOPDFSÃUVTFTGVFS[PTZUBM WF[UFQMBOUFFUVGVUVSPMBCPSBM Géminis 4JUJFOFTQBSFKBUBMWF[ IBZBMMFHBEPFMNPNFOUPEFEBS VOQBTPNÃTFOMBSFMBDJÓO1VFEF RVFBMHVOBWF[IBZÃJTIBCMBEPEF GPSNBMJ[BSBMHPNÃTFMDPNQSPNJ TP4JOPUJFOFTQBSFKBÃCSFUFB FMMBFNQJF[BBMHPOVFWP Sagitario /PEFTDVJEFTUVQSPQJB TBMVEQPSNVDIBTHBOBTRVFUFO HBTEFDPODMVJSVOQSPZFDUPFOFM RVFUFWJFOFTFTGPS[BOEPNÃTEF MBDVFOUB1VFEFTDPOUPEPQFSP QBTPBQBTPZDPOPSEFO3FTFSWB UJFNQPQBSBIBDFSFKFSDJDJP Cáncer "OEBSÃTBMHPUSJTUFQPS VOSFDVFSEPEFMQBTBEPRVFDP CSBSÃNVDIBGVFS[BEFTQVÊTEF RVFSFDJCBTVONFOTBKFBUSBWÊT EFSFEFTTPDJBMFT5SBUBEFWPMWFS BMNPNFOUPQSFTFOUFUBOQSPOUP DPNPUFTFBQPTJCMF Capricornio 1SPOUPUFOESÃTRVF IBDFSMBTNBMFUBTQBSBVOWJBKFSF MÃNQBHPFOFMRVFEJTGSVUBSÃTDP NPVOOJÒP&ODPOUSBSÃTMBNBOF SBEFPSHBOJ[BSUPEPTMPTEFUBMMFT BVORVFBMQSJODJQJPTFOUJSÃTDJFS UPBHPCJPZFTUSÊT Leo &OVOMJCSPMFFSÃTZTVCSBZB SÃTVOBDJUBRVFEFBMHÙONPEPUF BCSJSÃMPTPKPTFOVOBTQFDUPJN QPSUBOUF/PTVFMUFTMBTSJFOEBT EFMPRVFWFSEBEFSBNFOUFUFIB DFGFMJ[/PUFEFKFTDPOWFODFS QPSOBEBOJQPSOBEJF Acuario %FTQFSUBSÃTEFVOTVF ÒPBMRVFUFIBCÎBTBGFSSBEPZRVF UFIBCÎBMMFWBEPBWJWJSBMHPJSSFBM NFOUF/PIBZNBOFSBEFSFUSP DFEFSQFSPTÎQVFEFTWJWJSEFTEF IPZNJTNPDPNPRVJFSFTWJWJS 5JFOFTQPTJCJMJEBEFTEFNFKPSB Virgo &TUBUBSEFDPNFO[BSÃQB SBUJVOBMPDBEPGJOEFTFNBOBFO FMRVFMBEJWFSTJÓOMMFHBSÃBMÎNJUFT FYUSFNPT5BNCJÊOIBCSÃUJFNQP QBSBMBGBNJMJBZQBSBUVTTFSFT RVFSJEPT6OPEFFMMPTUFTPSQSFO EFSÃDPOBMHPJOTÓMJUP Piscis %FTDVCSFUVQPUFODJBMQB SBMPHSBSUPEPTMPTPCKFUJWPTRVF UFIBTNBSDBEPQBSBFTUFBÒP )PZPFOMPTQSÓYJNPTEÎBTFO DPOUSBSÃTVOBQJFESBFOFMDBNJOP RVFUFOESÃTRVFRVJUBSUÙNJTNP TJORVFOBEJFQVFEBBZVEBSUF JE:EIBEII;HL?9?EI ;D(&C?DKJEI$;I $POTVMUBMPTSFTVMUBEPTEFUPEPTMPTTPSUFPT 7*&3/&4 $*/& A&MDPSSFEPSEFMMBCFSJOUP 4&3*& 5IF.JEEMF "$56"-*%"% MB4FYUBDPMVNOB .¼4*$" 5VDBSBNFTVFOB $6"530) /&09) -"4&95") "/5&/") &O5IPNBTEFTQJFSUBFO VOBTDFOTPSZOPSFDVFSEBQPS RVÊFTUÃBIÎOJRVJÊOFT-BT QVFSUBTTFBCSFOZVOBNVMUJUVE EFDIJDPTMPSFDJCFFOUSFHBEF MBUSJMPHÎBEF+BNFT%BTIOFS 1JUDI*NQFSGFDU5SBTIBCFSEF KBEPMBVOJWFSTJEBE"YMOPIB FOWJBEPOJOHÙODVSSÎDVMVN CVTDBOEPUSBCBKP#SBETF DPNQSPNFUFBTFSFMQSPGFTPS EFMHSVQPEFBDBQQFMMBEF4VF :BLFOIPOPSBMBWFSEBE&T MBQFPSDBUÃTUSPGFNJMJUBSEFMB IJTUPSJBEFMBEFNPDSBDJBFTQB ÒPMBBÒPTEFTQVÊT%FGFOTB IBQFEJEPQFSEÓOz&TEFNBTJB EPUBSEFQBSBIBDFSKVTUJDJB 3PTB-ÓQF[TFSÃ5FDIOPUSPOJD +VBO.VÒP[EFCFSÃNFUFSTFFO MBQJFMEF$BSMPT(BSEFM%BWJE (VBQPSFDJCFFM5SBJOJOH7JQEF %BWJE0UFSPZ&TUIFS"SSPZPTF USBOTGPSNBSÃFO5IF'VHFFT $*/& A6QJOUIFBJS $3¶/*$"40$*"- $PSB[ÓO %0$6.&/5"- -BOPDIFUFNÃUJDB 5&-&$*/$0) -") 4&3*& $4*-BT7FHBT '%') 3ZBO#JOHIBN(FPSHF$MPP OFZ FTVOFYQFSUPFOEFTQFEJS BHFOUFEFMBTFNQSFTBT7JWF EFTQSFPDVQBEBNFOUFWJBKBOEP QPSFMQBÎT1FSPOPUJFOFOBEB BVUÊOUJDPBMPRVFBGFSSBSTF $BSPMJOB$BTBEPQSFTFOUBMPT GJOFTEFTFNBOBFTUFFTQBDJP EFJOGPSNBDJÓOEFTPDJFEBE RVFIBCMBEFMPTQFSTPOBKFTGB NPTPTZEFMPTQSPUBHPOJTUBT EFMBNPEBMBNÙTJDBPFMDJOF -BQPMJDÎBDJFOUÎGJDBEF-BT7F HBTVUJMJ[BMPÙMUJNPFOUFDOPMP HÎBQBSBBOBMJ[BSQSVFCBTZSF TPMWFSDBTPTSFMBDJPOBEPTDPO BTFTJOBUPTRVFQPOFOBQSVFCB FMJOHFOJPEFMPTFTQFDJBMJTUBT %FMJODVFOUFTOBUPTFTFMFT USFOPEFMBTFNBOBDPOMPTEP DVNFOUBMFT&MJPU/FTTDPOUSB "M$BQPOFZ#POOJF$MZEF DVBOEPTFDVNQMFOBÒPTEF MBNVFSUFEF"M$BQPOF $*/& A&OMBNFOUFEFMBTFTJOP 4&3*& 5IF$MPTFS &/53&7*45"4 $IFTUFSJOMPWF -") %*7*/*5:) "$56"-*%"% &MPCKFUJWP -"4&95") 6OEFUFDUJWFZQTJDÓMPHPJOWFT UJHBMBTFYUSBÒBTNVFSUFTEFMPT NJFNCSPTEFVOBCBOEBDSJNJ OBM1BSFDFRVFTFUSBUBEFVO BKVTUFEFDVFOUBTQFSPBMDPOP DFSTFNÃTEFUBMMFTQBSFDFMB PCSBEFVOBTFTJOPFOTFSJF #SFOEB-FJHIFTVOBEFUFDUJWF FOUSFOBEBQPSMB$*"ZFTQFDJB MJ[BEBFOJOUFSSPHBUPSJPT%PNJ OBVOBUÊDOJDBRVFEBMPTNFKP SFTSFTVMUBEPTBDFSDBSTFEFNB TJBEPBMPTTPTQFDIPTPTQBSBJO UJNJEBSMPTZIBDFSMFTDPOGFTBS z&YJTUFOMPTQBSBÎTPTGJTDBMFT FOMB6OJÓO&VSPQFB "OB1BT UPSTFEFTQMB[BB*SMBOEBB EPOEFFTUÃOZFOEPHSBOEFT DPNQBÒÎBTEFMNVOEPz1PS RVÊ z1BHBONFOPT z$ÓNP BGFDUBBMPTDJVEBEBOPT &MFTDSJUPS'FSOBOEP4ÃODIF[ %SBHÓMBNPOKB-VDÎB$BSBN ZMBEJSFDUPSBEFDJOFQBSB BEVMUPT&SJLB-VTUTFTFOUB SÃOFTUFEPNJOHPFOFMDIFT UFSEF3JTUP.FKJEFQBSBIB CMBSEFTFYP 4¦#"%0 -") %0.*/(0 7 0/$&#POPMPUP-PUFSÎB FONFTTPSUFPT #ÃKBUFHSBUJTMBBQQEFUJFNQPZUFNQFSBUVSBFO NFTNPWJMFTZBDDFEFBMBQSFEJDDJÓONFUFPSPMÓHJDB EFMPTQSÓYJNPTEÎBTFODVBMRVJFSMVHBSEFMNVOEP 1BSSJMMBDPNQMFUBDPOUPEPTMPTDBOBMFTOBDJPOBMFT BVUPOÓNJDPTZMPDBMFTFONFTHVJBUW $6"530) %JWFOESFTEFHFOFSEFM20MINUTOS 18 EF?D?ED;I 8 L?;HD;I:;9KBJKH7 )PTUJBTZPTUJBT 1PS¹TDBS&TRVJWJBT : F OJÕP ZP OP TÍ RVJÍONFNFUJÖFO MBDBCF[BMBJEFBEF RVF IBCÑB IPTUJBT DPOIBDIFZTJOFMMB -BTQSJNFSBTTBDSB UÑTJNBTZIPOPSBCMFTTPMÑBO WFOJSBEKFUJWBEBTCJFOQPSEF MBOUFjTBHSBEBIPTUJBx PCJFO QPSEFUSÆTjIPTUJBDPOTBHSB EBx ZTFSFGFSÑBOBMQBOÆDJNP FOFMRVFTFHÜOMBTDSFFODJBT DBUÖMJDBTTFUSBOTVTUBODJB $SJTUPEVSBOUFMBDPOTBHSB DJÖOEFMBNJTB-PTFTDSJUPSFT QJBEPTPTBEFNÆTUFOEÑBOZ UJFOEFO BFTDSJCJSj)PTUJBx DPONBZÜTDVMBWFOHBPOPB DVFOUPDPNPTJBTÑTFFOHSBO EFDJFSBFMDPODFQUPGSBZ(F SVOEJPEF$BNQB[BTDPNPFT CJFOTBCJEPFSBUBNCJÍOVO HSBOQBSUJEBSJPEFMBTNBZÜT DVMBTFOGÆUJDBT -BPTUJBTJOIBDIFZFONJ OÜTDVMB SFNJUÑBBUPEBVOB FYUFOTBDPMFDDJÖOEFFYQSF TJPOFTCMBTGFNBTPNBMTPOBO UFTRVFMPTOJÕPTEFCÑBNPT FWJUBSQBSBOPUJ[OBSOVFTUSBT QFRVFÕBTBMNBT"WFDFTWF OÑBUBNCJÍOBEKFUJWBEBEFGPS NBGFSP[TFHVJEBQPSjQVUBx PBDPNQBÕBCBBWFSCPTFT DBUPMÖHJDPTjNFDBHPFOyx 4FHVSBNFOUF RVJFO NF USBOTNJUJÖFTUBEJTUJODJÖOFO USFjIPTUJBxZjPTUJBxGVFBMHV OBDBUFRVJTUBPBMHÜOQSPGF TPSQVEPSPTP-B3FBM"DB EFNJBOPNFOPTNFMJOESPTB UBNQPDPBZVEBCBBDPOPDFS MB WFSEBE PSUPHSÆGJDB EFM BTVOUPFONJTUJFNQPTJOGBO UJMFTOPTFJODMVÑBOJOHVOB NFODJÖOBMVTPWVMHBSEFMB QBMBCSBZTPMPFOMPTBDB EÍNJDPTTFBOJNBSPOBTFÕB MBSRVFj`IPTUJBxFSBVOBFY DMBNBDJÖOEFTPSQSFTBZFO RVFUBNCJÍOQPEÑBTJH OJGJDBSjCPGFUBEBUPSUB[Px 1PSTVQBSUFjPTUJBxWFOÑBEF GJOJEBFTDVFUBNFOUFDPNP jPTUSBxBTÑRVFFMBTVOUPRVF EBCBFOFMNBZPSEFMPTNJT UFSJPT $POIBDIFPTJOFMMBMPDJFS UPFTRVFMBQBMBCSFKBFSBJODÖ NPEBJODMVTPQBSBMPTNÆT EFWPUPT3FDVFSEPIBCFSFT DVDIBEPBMBGJMÖMPHB$BSNFO 6HBSUFBGJSNBSRVFMBTNPO KBTEFMDPMFHJPFOFMRVFFT UVEJÖTJFNQSFTFSFGFSÑBOBM QBOÆDJNPDPNPMBTjGPSNBTx ZKBNÆTEFPUSBNBOFSB&O MBTNJTBTEFMB3FBMZ"OUJHVB EF(BNPOBMBMPTOJÕPTOPT FOUSBCBMBSJTBDVBOEPTFDBO UBCBTPMFNOFNFOUFFMj)PT UJBQVSBIPTUJBTBOUBIPTUJB k DEI:?9;DBEIB;9JEH;I o &TDSÎCFOPT [email protected] -B$/.$WJHJMBBMBTFMÍDUSJ DBTEFTEFPDUVCSFQBSBJN QFEJSMBNBOJQVMBDJÖOEFM NFSDBEP 6 &MPSHBOJTNPSF HVMBEPSBTFHVSBRVFFYUSFNÖ FMDPOUSPMIBDFUSFTNFTFTQPS RVFQSFWFÑBRVFMBMV[TFEJT QBSBSÑB 5XJUUFS!N .BSJBOP3BKPZQSFTJEFOUFEF &TQBÕB(SBOPSBEPS4JODF SP )POSBEP &NQÆUJDP : BIPSBUBNCJÍODIBNÆOZCBJ MBSÑOEFMBEBO[BEFMBMMVWJB !SVGJBOBTXPMG -B$/.$OPFTNÆTRVFPUSB UPOUFSÑBQPCMBEBQPSQPMÑUJDPT ZBNJHPTEFQPMÑUJDPTRVFQPS TVQVFTUPOPWBBNPSEFSMB NBOPRVFMFTEBEFDPNFS&T UPZBFTJOTPTUFOJCMF{$VÆO EPOPTWBNPTBMFWBOUBSBO UFFMBCVTPEFQPMÑUJDPTCBO DPTFMÍDUSJDBT *ODSFÑCMFMBT USBHBEFSBTRVFUFOFNPT&- &/"/036.#&30 $POVOCVFONBMFUÑOFONB OPMMFOPEFCJMMFUFTZPUBNCJÍO WJHJMPZEJHPRVFUPEPFTUÆ CJFOUBNJOBOHP 7JHJMBSÆOQBSBSFQBSUJSTFFM QBTUFMOBEBNÆT1PSRVFTJ WJHJMBCBOQBSBjWFMBSxQPS OPTPUSPTFTQBSBEFTQFEJS MPTBUPEPT4JOWFSHÞFO[BT $POEFNPSSS 1VFTWBZBNJFSEBEFWJHJMBO DJBIBOQFSNJUJEPFMDJFSSFEFM EFMBTFNQSFTBTEFHBTQB SBEJTQBSBSFMQSFDJPEFMBMV[ -FWJTUVT $POIBDIFPTJOFMMBMP DJFSUPFTRVFMBQBMBCSFKB FSBJODÖNPEBJODMVTP QBSBMPTNÆTEFWPUPT 1PSNVDIPRVFVOP TFFODVNCSFFTEJGÑDJM EFDJSAIPTUJBTJOQBSFDFS SJEÑDVMPPWVMHBS BMJFOUP RVÍ NBOFSB EF DSFBS RVÍ UBMMFS DMBSP EF NVFSUFxRVFNFDBVTBOMB NJTNBJNQSFTJÖORVFTJVO DBOUBOUFFNQF[BSBBEFTBGJ OBSIPSSJCMFNFOUFFONJUBE EF MB NÆT IFSNPTB EF MBT BSJBT1PSNVDIPRVFVOPTF 2 F?CF7CFKC 5SVNQBWFSHÞFO[B %JDIPFONJOVUPTFT ZFTUSFNFDFBMNVOEP %POBME5SVNQOPIBEFDFQDJP OBEPMPRVFQSPNFUJÖFODBN QBÕB ZB MP IB DPNFO[BEP B DVNQMJS/BEBNÆTKVSBSFMDBS HPTFIBTVCJEPBMCVMMEP[FSQSF TJEFODJBMZIBDPNFO[BEPBEF SSJCBSDVBOUPFODVFOUSBBTVQB TP4JOEVEBMBFMFDDJÖOEFFTUF CÆSCBSPDPNPQSFTJEFOUFEFMPT &TUBEPT6OJEPTBWFSHÞFO[BZ FTUSFNFDFBMNVOEP1FSPMBMMF HBEBBMQPEFSEFFTUFHSPTFSPZ GVSJCVOEPQFSTPOBKFQVFEFTFS WJSQBSBEPTDPTBT6OBQBSBRVF MPTDJVEBEBOPTEFMBTEFNPDSB DJBTEFMNVOEPUPNFNPTOPUB ZBQSFOEBNPTBFMFHJSDPONÆT JOUFMJHFODJBZDSJUFSJPBOVFTUSPT MÑEFSFTZEPTQBSBBQMBVEJSZ FNVMBSTFNFKBOUFEFTBUJOPDP NPQBSFDFFTUBSPDVSSJFOEPZB FO&VSPQBZBTÑQPEBNPTDFSUJ GJDBSRVFFMHÍOFSPIVNBOPTF IBJEJPUJ[BEPQPSDPNQMFUP /VODBIFDPNQSFOEJEPQPS RVÍSB[ÖOMBTEFNPDSBDJBTOP EJTQPOFOEFGJMUSPTNÆTFGJDBDFT QBSBFWJUBSRVFQFSTPOBKFTEFFT UBDBUBEVSBNPSBMFJOUFMFDUVBM QVFEBOBDDFEFSBMQPEFSZQP OFSFOQFMJHSPBTVTQBÑTFTZ DPNPPDVSSFFTUFDBTPBMNVO EPFOUFSP1FESP4FSSBOP JONBDVMBEBxZUPEBWÑBIPZ DVBOEP MFP FM NBSBWJMMPTP QPFNBEF$MBVEJP3PESÑHVF[ "MBSFTQJSBDJÖOEFMBMMBOVSB TJFOUPRVFTFBSSVJOBUPEPTV FGFDUPQPÍUJDPDVBOEPMMFHBO MPTWFSTPTj`2VÍIPTUJBMBEFM 1SJNFSPMBTQSJWBUJ[BSPO-VF HPTFKVCJMBSPOEFMBQPMÑUJDB -FTEJFSPOUSBCBKPFOMPRVFIB CÑBOQSJWBUJ[BEP:BEJTGSVUBS -V[%JTQBSBEB.!.BOTQMBJ 1BSBBDBCBSDPOFMQBSPTF HVJEFMFKFNQMPEFM140&7B NPTBQPSOVFTUSPDVBSUPTF DSFUBSJP HFOFSBM FO DVBUSP BÕPT&TPTÑFTDSFBSFNQMFP !1ESP@4ODIF[ 4FHVSPRVFFMJNQVFTUPBMTPM ZDBSHBSTFMBTSFOPWBCMFTOP UJFOFOBEBRVFWFS$VMQB CMFT5BSJGB[P!(PU[PO(PU[PO &M#BODPEF&TQBÕBIBBENJ UJEPRVFMPTNÆTBGFDUBEPT QPSMBDSJTJTIBOTJEPMPTEF SFOUBTNÆTCBKBT1SPOUPEJ SÆORVFFMBHVBNPKB!'POEP .POFUBSJP {+VHBNPTBMPTNÍEJDPT 7B MF&TQFSBBRVÑVOQBSEFIP SBT!FMUSBNQFSP FODVNCSFFTEJGÑDJMEFDJSP FTDSJCJSjIPTUJBxTJOQBSFDFS SJEÑDVMPPWVMHBS -PDJFSUPFTRVFZPUFOÑBPM WJEBEBFTUBEJTUJODJÖOPSUP HSÆGJDBIBTUBIBDFVOBTTFNB OBTDVBOEPMFÑVOGPHPTPBS UÑDVMP EF +VBO .BOVFM EF 1SBEBFOFMRVFBMBCBCBB.FM (JCTPOZFOUSFPUSBTDPTBT BGJSNBCBj(JCTPODVFOUBDPO VO%JPTRVFTBCFDÖNPTBMJS EFMBUVNCBZBVORVFMFMMVF WBOPTUJBTIBTUBFOFMDBSOÍEF JEFOUJEBETFMFWBOUBVOBZ PUSBWF[WJSJMZUVNFGBDUPx &TFjMMPWFSPTUJBTxTJOIB DIF DPNPVOBNBHEBMFOB QSPVTUJBOBNFUSBTMBEÖBMB JOGBODJBZBFTPTEJTUJOHPTPS UPHSÆGJDPTZTFNÆOUJDPT&O JOUFSOFUIFWJTUPNJMFKFNQMPT SFDJFOUFTEFMVTPEFjPTUJBx DPNPTJOÖOJNPEFjHPMQFx FOUSFPUSPTFMDBTPDÍMFCSFEF VOEJQVUBEPRVFBGJSNÖFO 5XJUUFSBRVFMMPEFj$PNPVO QFSSPGMBVUBNFBDPTFQPSMB DBMMFNFJOUJNJEFPNFBHSF EBMBPTUJBRVFTFMMFWBOJTFMB WBBDSFFSx &TIPSBEFEFDJSRVFFTUPT VTPTPSUPHSÆGJDPTTPOBSCJUSB SJPTZRVFUBOUPB.FM(JCTPO DPNPBMQFSSPGMBVUBMFTWBOB DBFSFOUPEPDBTPTFOEBTFO TBMBEBTEFIPTUJBTDPOIBDIF )BZVOBSB[ÖOGJMPMÖHJDB JSSFCBUJCMFRVFZPBQSFOEÑEF MBUSBEVDUPSB.BSÑB#BSCFSP 4JQBSBjHPMQFBSxPjQFHBSx FYJTUFMBGPSNBQPQVMBSjGPT UJBSxRVFZPPÑBCVOEBOUF NFOUFFOFMCBSSJPFOFMRVF NFDSJÍj`2VFUFGPTUJPxEF DÑBOMPTNBUPOFT MBFWPMV DJÖOMÖHJDBEFMBQBMBCSBFTB jIPTUJBSxWFSCPRVFOPFTUÆ SFDPHJEPFOFMEJDDJPOBSJPEF MB3"&QPSDJFSUP %FBIÑ RVFMBIBDIFUBNCJÍOTFBOF DFTBSJBFOFTUFUJQPEFIPTUJBT -PEFNÆTTPOSFNJMHPTPGBM UBTEFPSUPHSBGÑB● 1PS"TJFS 20MINUTOS%JWFOESFTEFHFOFSEFM 19 EF?D?ED;I p 97HJ77B$$ "OESÍT"CFSBTUVSJ 5SVNQ ZTVNBSEFBNPS 9 VBOEPFOUPODFTTF SFQFUÑBVOBFTQFDJF EFSFGSÆORVFQBSF DÑBEPHNBEFGFj-P QSPNFUJEPFTEFV EBx)PZFTUBBGJS NBDJÖOEFCFFTUBSZBDBTJ NPSJCVOEBZNVZFTQFDJBM NFOUFFOOVFTUSPQBÑTEPO EFMBTQSPNFTBToMBTHSBOEFT QSPNFTBTQÜCMJDBToTFJO DVNQMFOTJTUFNÆUJDBNFOUF FMFDDJÖOUSBTFMFDDJÖOHPCJFS OPUSBTHPCJFSOP/BEJFDSFF ZBFOMPTQSPHSBNBTQPSRVF UPEPTTBCFNPTRVFOPTPO NÆTRVFVOBNFSBEFDMBSB DJÖOEFJOUFODJPOFT1PSFTP %POBME5SVNQFTQPSUBEB EJBSJBNFOUFOPQPSFTPTJOP KVTUPQPSMPDPOUSBSJPQPSRVF DBEBEÑBBNBOFDFGJSNBOEP &MHSBOQSPCMFNBFT RVF5SVNQFTUÆ DVNQMJFOEPBMQJF EFMBMFUSBTVTQSPNFTBT -FJNQPSUBNÆT FMEÖMBSRVFMBMJCFSUBE MBJNBHFO RVFFMSB[POBNJFOUP VOOVFWPEFDSFUPRVFDPO WJFSUFFOSFBMJEBETVBCPNJ OBCMFQSPHSBNBFTFRVFMPT CJFOQFOTBOUFTDSFÑBNPTRVF TJQPSVOBSFNPUÑTJNBDBTVB MJEBEMMFWBSBOBBRVFMFTUSBGB MBSJP DBOEJEBUP B MB $BTB #MBODBFODPOUSBSÑBGSFOP DPOUFODJÖODPIFSFODJB1VFT TFWFRVFOP &MHSBOQSPCMFNBFTRVF 5SVNQFTUÆDVNQMJFOEPBM QJFEFMBMFUSBTVTQSPNFTBT &MNVOEPBMSFWÍTMPRVFOPT BTVTUBBIPSBFTRVFBMHVJFO IBHBMPRVFIBEJDIPRVFJCB BIBDFS/BUVSBMNFOUFOBEB EFFTUPTFSÑBOPUJDJBTJMPQSP NFUJEPGVFSBBMHPNPEFSBEB NFOUFOPSNBMPBMNFOPTOP UBOCSVUBMDPNPMPRVFFTUÆ IBDJFOEPoZBÜOMFRVFEBQPS IBDFSoFMUJQPUFÖSJDBNFOUF NÆTQPEFSPTPEFMBUJFSSB: FTRVFBEFNÆTMPIBDFSPEFB EPEFQBMNFSPTZDBNCJBOEP EFQMVNBFTUJMPHSÆGJDBFODB EBOVFWPEFDSFUPQMVNBT RVFoEJHPZPoTFDPUJ[BSÆOZB BNVZBMUPQSFDJPFOUSFMPT DPMFDDJPOJTUBT -PRVFOPTFBDBCBEFFO UFOEFSFTDÖNPTFTJHVFOFT DSJCJFOEPTFTVEPTBSUÑDVMPT TPCSFTJFMQSPQJPOVFWPQSF TJEFOUFEF&&66FTUÆBMB EFSFDIBEFMBJ[RVJFSEBPBMB J[RVJFSEB EF MB EFSFDIB 5SVNQFTUÆJOTUBMBEPFOFM AUSVNQJTNPFOFMQFPSEF MPTQPQVMJTNPTZQBSBEFKBS OPTEFCSPNBTOPFTMPNJT NP5SVNQRVFQPSFKFNQMP FMSFTQFUBCMFBMDBMEF,JDIJ -PRVFIBIFDIPIBTUBBIP SBFTUFTFÕPSIBTJEPUPEPNB MPQBSBFMNVOEPQFSPMBCBO DBOPSUFBNFSJDBOBMFCFOEJ DF&MMPTTBCSÆOFMNVSPDPO .ÍYJDPMBQFSTFDVDJÖOEFMPT TJNQBQFMFTFMEFTQSFDJPQPS MBQSFOTBMBEFGFOTBEFMBUPS UVSBFMSFDPSUFFOMBZBEFQPS TÑSFDPSUBEBTBOJEBEQÜCMJDB MBMV[WFSEFBMPTPMFPEVDUPT MBTBNFOB[BTB&VSPQBMBT BNJTUBEFTQFMJHSPTBTy{2VÍ FTUÆIBDJFOEPFTUFIPNCSF 1VFTKVTUPMPRVFQSPNFUJÖFO TVDBNQBÕBZWPUBSPOMPTDJV EBEBOPT"5SVNQMFJNQPS UBNÆTFMEÖMBSRVFMBMJCFSUBE MBJNBHFORVFFMSB[POBNJFO UPZFTUÆDPOWFODJEPoMPIB EJDIPoEFRVFBTVUPNBEF QPTFTJÖOGVFSPONJMFTEFQFS TPOBTEFUPEPFMNVOEPjVO NBSEFBNPSxTFHÜOTVTQSP QJBTQBMBCSBT {$VÆMFTNJNJFEP 4FODJMMP TJ5SVNQFTFRVFDPOWPDBB VONBSEFBNPSIVCJFSBTJEP QSFTJEFOUFEFMPT&&66FOMB 4FHVOEB (VFSSB .VOEJBM EVEPNVDIPOPTPMPTJIV CJFSBJOUFSWFOJEPPNJSBEP IBDJBPUSPMBEPTJOPDPORVÍ CBOEPTFIVCJFSBBMJBEP O BFTUPZWJFOEPBMPT NPSBMJTUBTSBTHBSTF VOBTWFTUJEVSBTNÆT RVFPUSBTRVFSJEP DPOEVDUPSEFMBVUPCÜT BDDJEFOUBEPFO'VFOMBCSBEB &MB[BSIBRVFSJEPRVFUPEPT MPTOJÕPTTPCSFWJWJFSBOUF QVFEFTDPOTJEFSBSBGPSUVOB EPFTFMTBMEPQPTJUJWPEFMB OPUJDJBQBSBUPEPTOPTPUSPT -BUVSCBCJFNQFOTBOUFOPTF EFTBIPHBSÆDPOUJHPQPSRVF EFWVFMWFTBMBTPDJFEBEVO SFGMFKPEFTÑNJTNBRVFOP RVJFSFWFS1VFEFOUSJUVSBSB #JNCB#PTÍoRVFFOQB[ EFTDBOTFoQPSTVWJEB TFYVBMQFSPEFUJEJSÆORVF OPTFQVFEFDPOEVDJS ESPHBEPZQPDPNÆT)BCMBS FOTFSJPEFMBTESPHBTOVODB 4PNPTBTÑEFMJCFSBMFTZ UFOFNPTVOBQPUFOUF JOEVTUSJBEFMPDJP/PFTQBÑT QBSBBHVBGJFTUBT /PTÍDVÆOUPTBÕPTMMFWBT DPOTVNJFOEPDPDBÑOB BVORVFUVNBESFMP DPOTJEFSBNVZOPSNBM&M PUSPEÑBNFDPOUBCBVOB $POEVDUPS EFMBVUPCÜT FTDPMBS -BUVSCBCJFNQFOTBOUF OPTFEFTBIPHBSÆ DPOUJHPEFWVFMWFTBMB TPDJFEBEVOSFGMFKPEFTÑ NJTNBRVFOPRVJFSFWFS QTJDÖMPHBRVFUSBCBKBFOVO DFOUSPQÜCMJDPEFBUFODJÖOB ESPHPEFQFOEJFOUFTDÖNP FTUÆMBDPTBTVCUFSSÆOFBFM EÑBBEÑBEFOVFTUSBTWJEBT RVFOPTBMFFOMBTOPUJDJBT 3FTVMUBRVFFONJCBSSJPTF IBONVMUJQMJDBEPFO EJDJFNCSFMBTNVMUBTB BEPMFTDFOUFTQPSUFOFODJBEF DBOOBCJT&MBTDFOTPIBTJEP UBOMMBNBUJWPZUBOTJOUPNÆ UJDPEFVOHSBOQSPCMFNB RVFMBTBVUPSJEBEFTJOUFOUBO IBDFSBMHP&TUBQTJDÖMPHB GVFBEBSVOBDIBSMBQBSB QBESFTBVOJOTUJUVUPEFMB [POB5SFTDJFOUBTGBNJMJBT FTUBCBOJOWJUBEBTBQBSFDJF SPOEPT2VFTJOPIBZ OJOHÜOQSPCMFNBRVFTJTF NFUFOBMHPEFWF[FODVBOEP QPSRVFMPIBDFOUPEPTRVFTJ TPOKÖWFOFTZUJFOFORVF EJWFSUJSTFRVFTJMBBCVFMB GVNBNBSJIVBOBy:BTF TBCF4JMFTEJFSBQPSUSBHBS DSJTUBMFTDVBMRVJFSQBESFP NBESFJOUFOUBSÑBRVF EFTJTUJFSBOQPSRVFMFTIBDF EBÕP$PNPTFUSBUBEF ESPHBTIBZRVFTFSUPMFSBOUF RVFOVFTUSPTIJKPTWJWBOMB WJEBTFEBEPTUPUBMQBSBFM GVUVSPRVFMFTFTQFSBy "TÑRVFUVNBESFTPMPIB EJDIPMPRVFNVDIPT QJFOTBO.FQSFHVOUPTJUÜ UBNCJÍOGVJTUFVOPEFFTPT DIBWBMFTRVFFOHSPTBOMBT BMUBTDJGSBTEFDPOTVNPEF ESPHBTJMFHBMFTFOMPT BEPMFTDFOUFTFTQBÕPMFT FOUSFFMZFM "MHVOPTMPEFKBOMVFHPPUSPT QBTBOBNBZPSFTBPUSPTTF MFTWBMBNBOPyBWFDFTFT JSSFWFSTJCMF-PTRVF NBOUJFOFOMBDPTUVNCSFEF BEVMUPTDSFFORVFOPQBTB OBEBIBTUBRVFVOCVFOEÑB WVFMDBO5VNBESFQPSUBWP[ EFMFTQÑSJUVEFOVFTUSP UJFNQPEJDFRVFUPEPT FTOJGBNPTDPDBMPTWJFSOFT" MPNFKPSFMEPNJOHPQBTBEP FTUBCBTBMHPNÆTOFSWJPTPEF MPOPSNBM2VJ[ÆEVSBOUFMB TPCSFNFTBGBNJMJBSMFEJTUF VOCVFOBSSFÖOBMQBRVFUFEF .BSMCPSP5BMWF[IBTUBTF QVTPQFTBEBOPGVNFTIJKP RVFFTNBMP *SFOF-P[BOP "#*346-5"/ g >EO<?HC7 g &TDBQBSBUFEFVO)PMPDBVTUPEFIBDFBÕPT CÈIGK; F7B78H7I 6OKVEÑPVMUSBPSUPEPYPPCTFSWBFOFM.VTFP:BE7BTIFNEF+FSVTBMÍO*TSBFM SPQBTZVUFOTJMJPT VUJMJ[BEPTFOMPTDBNQPTEFFYUFSNJOJPFOFM%ÑB*OUFSOBDJPOBMEFM)PMPDBVTUP)BOQBTBEPBÕPT EFMBMJCFSBDJÖOEF"VTDIXJU[ZFTEÑBQBSBFMSFDVFSEPEFMBTWÑDUJNBTEFMBQFSTFDVDJÖOOB[J6OB NJSBEBBMQBTBEPRVFQVFEFBZVEBSBQSFWFOJSMPTBDUPTEFHFOPDJEJPSFDPSEBOEPMPBQSFOEJEP %JSFDUPS "STFOJP&TDPMBS 6OBQVCMJDBDJÓOEF 20 MINUTOS EDITORA, S. L. 4VCEJSFDUPS 3BÙM3PESÎHVF[ 3FEBDUPSFTKFGF %BWJE7FMBTDPEJTFÒP 1BCMP74FHBSSB¦MFY)FSSFSB Z3BRVFM(ÓNF[0UFSP 3FEFT +PTÊ.BSÎB.BSUÎO$BNBDIP 0QJOJÓO 1JMBS#FMMP &EJUB.JOVUPT&EJUPSB4- 1VCMJDJEBE )PSUFOTJB'VFOUFTEJSFDUPSB HFOFSBM (BCSJFM(PO[ÃMF[EJSFDUPS .BESJE .FSDÍ#PSBTUFSPEJSFDUPSB #BSDFMPOB Z3PDÎP0SUJ[EJSFDUPSB "OEBMVDÎB $PPSEJOBDJÓOZ5SÃGJDP3BGBFM.BSUÎO 0QFSBDJPOFT)ÊDUPS.BSÎB#FOJUP 5*+VBOKP"MPOTP "ENJOJTUSBDJÓO-VJT0ÒBUF .BESJE$POEFTBEF7FOBEJUP .BESJE #BSDFMPOB1MB[B6OJWFSTJUBU #BSDFMPOB 7BMFODJB9ÃUJWB7BMFODJB "OEBMVDÎB1MB[BEFM%VRVF 4FWJMMB 5FM]'BY NJOVUPTFEJUPSB!NJOVUPTFT *NQSJNFO*NQSFTB/PSUF4-6 #FSNPOUF*OJDJBUJWBT %FQÓTJUP-FHBM. DD 1SJNFSEJBSJPDPO MJDFODJB$SFBUJWF $PNNPOT2VFSFNPT RVFUFTJFOUBTMJCSFEF DPQJBSEJTUSJCVJSZ VTBSOVFTUSPUSBCBKP -FFOVFTUSBT DPOEJDJPOFTEFDPQJB FONJOVUPTFT *.13&40&/1"1&-3&$*$-"%0
© Copyright 2025