The media industry in Mexico is among the most vibrant among all the other industries in the country. Media records show that there are more than 300 TV and 1,500 radio stations broadcasting across the country. Being the dominant language, the majority of Mexican media outlets publish and broadcast in Spanish. A few of them, however, use Mayan and Nahuatl languages. Media companies in Mexico compete for the audience that is more than 100 million people, with about 93 percent of them being literate.
With the huge number of media houses, getting to know the biggest of all may not be an easy task. However, the houses can be classified in terms of the investments they have made, their employee population, and their areas of coverage. This article considers the said parameters to determine how big a media house is. The top three are discussed below.
Top Media Companies
Grupo Televisa has the biggest audience not just in Mexico but across the entire Spanish-speaking population. The media company has four TV channels broadcasting in Mexico City and 26 pay channels broadcasting across Mexico. In conjunction with Univision Communications Incorporation, Televisa exports its media content to oversee audience in over 50 nations. Besides broadcasting, the company is involved in publishing and distributing magazines and newspapers across Mexico. Most importantly, Televisa sponsors, produces, and distributes films.
Grupo Radio Centro specializes in radio broadcasting. It operates 45 radio stations across Mexico and in Los Angeles, USA. In Mexico City alone, the company operates 12 radio channels. The Aguirre Gomez family-owned was established in 1952 and has since acquired several media houses along the way. Grupo Radio Mexico is among these acquisitions.
TV Azteca, S.A.B. de C.V. was founded 24 years ago. The company owns several subsidiary companies, including Azteca International Corporation, Latitud TV, and Azteca America Palm Springs among others. Azteca makes an annual revenue in excess of a billion US dollars.
About Alfonso Angoita
A lawyer by profession, he previously practiced law at Mirajes, Angoitia, and Cortés y Fuentes, S.C. law firm. He also worked at New York’s White & Case LLP.