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Organización Editorial Mexicana S.A de C.V

Organización Editorial Mexicana S.A de C.V

Organización Editorial Mexicana (OEM) has 70 newspapers, 24 broadcasters and 43 websites, including one news agency (Informex). Besides Estudios Tepeyac, which pools together the radio stations, OEM has companies in other sectors such as the paper sector (Cartones Ponderosa, Productora Nacional de Papel,) publicity (Espectaculares Televisivos de Alta Definición, company that makes publicity for high-definition) and transport (Comercial Fletera México).  

 

The closeness of OEM with the PRI political party was always very obvious. Actually, during the presidency of Luis Echeverría (1970- 1976) it was said that the President was partner with the Vázquez Raña brothers. This closeness was also evidenced in 2012 when the then presidential candiate Enrique Peña Nieto was booed and rejected by the students from the Ibero-American University. The next day, the newsapers from OEM had the headlines: "Success for Peña Nieto after the orchestrated intent for boycott". This provoked the student movement #YoSoy132, which demanded for media transparency since some media such as the ones of Vázquez Raña were wrongfully assuring that the protesters were not even students at the Ibero-American University.

 

The history of OEM starts with the visionary García Valseca (1901-1982), media magnate who in the 1940s with the help of politicians from the State of Puebla such as the governor, Maximilio Ávila, starts his empire of newpapers by acquiring El Sol and the sports daily Esto. At the end of the 1960s, and due to economic debt, the media network of García Valseca was nationalized, and named OEM. In 1972, this media organization is privatized again and sold to Mario Vázquez Raña.

The empire of Mario Vázquez Raña started growing by accident initiating with selling furniture. His brother Olegario Vázquez Raña is the owner of Grupo Empresarial Ángeles and of the media group Grupo Imagen - which on the other hand owns the daily newspaper Excélsior. When Mario Vázquez Raña died, his wealth was inherited by his wife Paquita, the actual owner of Organización Editorial Mexicana (OEM). Other members of the family, son-in-laws and grandsons are the ones that have the managing positions at the OEM.

Key facts

Business Form

Private

Legal Form

Corporation

Business Sectors

Media

Ownership

Individual Owner

Vázquez Ramos Family

The empire of Mario Vázquez Raña started growing by accident starting with selling furniture. His brother Olegario Vázquez Raña is the owner of Grupo Empresarial Ángeles and of the media group Grupo Imagen - which on the other hand owns the daily newspaper Excélsior. It has been said that the PRI politician Luis Echeverría was partner of the brothers Vázquez Raña during his mandate as Mexican president.

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Media Outlets
Other Media Outlets

Other Print Outlets

Diario de Querétaro

Other Radio Outlets

ABC Radio CDMX 770 AM

Other Online Outlets

https://www.elsoldemexico.com.mx/

Facts

Media Business

Stationery

Cartones ponderosa

Distribution

Transportadora federal

Publicity

ETV Espectaculares Televisivos

General Information

Founding Year

1976

Affiliated Interests Founder

Mario Vázquez Raña- Among the companies he owned is Organización Editorial Mexicana, which has 70 newspapers and Estudios Tepeyac with 24 broadcasters, one TV channel, 43 websites part of ABC Radio. His brother Olegario Vázquez Raña, is the owner of Grupo Empresarial Ángeles and of the media group Grupo Imagen which possesses among else the daily newpaper Excélsior.

Contact

Guillermo Prieto 7, Colonia San Rafael México, C.P. 06470, México D.F.Teléfono: (55) 5546 9513 y (55) 5140 1000 www.oem.com.mx/oem/

Tax/ ID Number

OEM800129UU7

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data

Management

Executive Board

Missing data

Non-Executive Board

Missing data

Supervisory Board

Missing data

Other Influential People

Paquita Ramos de Vázquez - Widow of Mario Vázquez Raña who was the owner of the newspaper for 39 years. She took the possession of the editorial in 2015.

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