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Grupo Televisa S.A.B.

Grupo Televisa S.A.B.

Grupo Televisa S.A.B. controls more than 50% of the open television signals in the country. Its TV channel Las Estrellas is the most watched for seven decades already. Through six companies Televisa also controls more than 60% of the access rights for pay television. It is the owner or has a share in three of the most visited web sites in the country: Televisa.com, SDPNoticias and ElDeforma, as well as in around twenty radio stations such as W Radio. Besides that, it also publishes and/or distributes more than hundred printed outlets.

Although he left the presidency of the group few months ago, Emilio Azcárraga Jean maintains an important influence over the Board of Shareholders of the business he inherited from Emilio Azcárraga Milmo (the father) and Emilio Azcárraga Vidaurreta (the grandfather and founder).

In January 2018, Emilio Azcárraga III handed the executive presidency of the Group to Alfonso de Angoitia and Bernardo Gómez, currently copresidents. Two years before, The Wall Street Journal published an article that accuses Alfonso de Angoitia for alleged deflection of revenues coming from the government and political parties. Bernardo Gómez is the brother of Arely Gómez - head of the Ministry of Public Service and former Attorney General.

The former president Enrique Peña Nieto was married with one famous Televisa actress. The live broadcast of their wedding two years before the presidential elections was interpreted as a support and promotion of Peña Nieto by Televisa. Televisa, on the other hand, has been the major beneficiary from government publicity. In 2016, it received 18.75% (106 million dollars) from the total annual budget for this purpose.

Key facts

Business Form

Private

Legal Form

Stock Company

Business Sectors

Casinos and lottery; Production and promotion of live entertainment events (concerts)

Ownership

Individual Owner

Emilio Fernando Azcárraga Jean

The 10th richest Mexican, according to Forbes magazine. President and General Director of Grupo Televisa S.A.B de C.V. until 1st of Januray 2018, position he occupied during almost two decades, after his father's death in 1997. The third Emilio de los Azcárraga keeps its position as Executive President of the Management Board and the direct responsability for the football section of Grupo Televisa (including the team América), as well as responsibilities for the Fundación Televisa.

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Media Outlets
TV
Foro TV (Canal 4 XHTV-TV)
TV
Las Estrellas (Canal 2 XEW-TV)
Online
SDPnoticias.com
Online
Televisa.com
Radio
W Radio (XEW-AM) 
Other Media Outlets

Other Print Outlets

TV y Novelas; TV y Novelas U.S.A.

Other TV Outlets

XHCCH-TDT (Virtual 2.1) Chihuahua
XHDEH-TDT (Virtual 2.1) Chihuahua
XHBU-TDT (Virtual 2.1) Chihuahua
XHMAC-TDT (Virtual 2.1) Chihuahua
XHOCH-TDT (Virtual 2.1) Chihuahua
XHBVT-TDT (Virtual 2.1) Chihuahua
XHSAC-TDT (Virtual 2.1) Chihuahua
XHFI-TDT (Virtual 2.1) Chihuahua
XHCHC-TDT (Virtual 2.1) Chihuahua

Other Radio Outlets

XEW-AM 900 W Radio (Ciudad de México)
XEX-AM 730 W Deportes (Ciudad de México)
XEQ-AM 940 Ke Buena (Ciudad de México)
XEW-FM 96.9 W Radio (Ciudad de México)
XEQ-FM 92.9 Ke Buena (Ciudad de México)
XEX-FM 101.7 Los 40 (Ciudad de México)

Other Online Outlets

Eldeforma.com

Facts

Media Business

Production of entertainment programs

Grupo Telesistema S.A. de C.V. (100%)

Production and distribution of movies

Videocine, S.A. de C.V.

Distribution of Publications

Grupo Distribuidoras Intermex, S.A. de C.V. (100%)

Cable TV

Empresas Cablevisión, S.A.B. de C.V. (51%)

Satelite TV

Sky DTH S. de R.L de C.V (100%)
(DIRECTV) Innova, S. de R.L. de C.V.

Telephony and Internet

Empresas Cablevisión, S.A.B. de C.V. (51%) #

Broadcasting service (OTT)

(Blim) Televisa, S.A. de C.V. (100%)

TV and Film Production

Televisa Home Entertainment

Music production and distributioN

Televisa Música

Business

Casinos and Lottery

Play City y Multijuegos (100%)

Production and promotion of live entertainment events (concerts)

OCESA Entretenimiento, S.A. de C.V (40%) # Filantropía|Fundación Televisa

Sports

Club de Fútbol América, S.A. de C.V.

Media and Communication

Univision Holdings, Inc. (10%)

General Information

Founding Year

1973

Founder

Emilio Azcárraga Vidaurreta

Affiliated Interests Founder

Emilio Azcárraga Milmo (1930-1997)

Son of the media magnate Emilio Azcárraga Vidaurreta. In 1972 he inherits his father's companies. In 1973 he creates Televisión Vía Satélite, S.A. de C.V. (Televisa) merging the two biggest TV networks: Telesistema Mexicano S.A. and Televisión Independiente de México S.A. de C.V. Televisa got stronger during the time of Azcárraga Vidaurreta since it was used as the propaganda platform for the longest ruling political party (more than 80 years in power) - Partido Revolucionario Institucional (PRI). “Evidently we are soldiers of the President”, he claimed in the 1980s. With his alias “El Tigre” Azcárraga Vidaurreta was the richest man in Latin America in 1993 according to Forbes. This year in harsher words he said that the underpriviliged Mexican class is so miserable that it is an obligation for the television to bring entertainment to them.

Employees

42288

Contact

Av. Vasco de Quiroga No. 2000 C.P. 01210, Ciudad de México +525 52612000 www.televisa.com

Tax/ ID Number

Missing Data

Financial Information

Revenue (Financial Data/ Optional)

USD $4,693,355,300.36 / MXN $96,287,000,000

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

1,252,544,674.47 USD/ $23,223,200,000 MXN

Management

Executive Board

Alfonso de Angoitia Noriega

Alfonso de Angoitia Noriega - Executive Co-President of Grupo Televisa S.A.B. since January 2018 (before that he was the Executive Vice President and former Vice President of Finance of the Group). In 2016 Panama Papers reveiled that he is a beneficary of a company with HQ in the Bahamas, linked to the Panamanian firm Mossack Fonseca. A month later, The Wall Street Journal comes out with allegations against the Group's executive for assumed deflection of revenues through money laundering schemes - the revenues were coming from the public budget, political parties and other sources. De Angoitia is a member of the managing boards of Univision Communications Inc., Grupo Financiero Banorte and Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA).

Further Information

Headlines

Forbes México (2017). SDP y Televisa apuestan por las Fake news: compran El Deforma. Accesed on 29 January 2018

Documents

Contrato con Televisa S.A de C.V de servicios publicitarios
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