Media Industry in Mexico
Mexico’s media industry is dynamic. There are more than 4 million cable television subscribers and 1.5 million satellite Television subscribers. This vibrancy is attributed to the wide array of news and entertainment in the region. There are several newspapers and magazines in the region including El Norte, El Universal, Milenio, El Economista and Reforma.
Mexico also boasts of numerous radio and television stations. The leading Television stations in the region are the Televisa and TV Azteca.
The Industry’s Growth
The surging numbers of viewership have encouraged tremendous investments in the Mexican media industry. Telmax, the largest internet provider, has declared its interest in offering television services. Its entrance is bound to stir competitive competition with the existing providers such as Sky Television and MasTV.
The government is keen on maintaining the culture of Mexico amidst the changes in the media industry. As a result, it has taken control of channels 11 and 22. The two channels are reserved for broadcasting cultural content.
One of the brains behind the rapid changes in the media industry is Alfonso de Angoitia Noriega.
About Alfonso de Angoitia Noriega
Angoitia is an influential Mexican entrepreneur. He has vast experience in law and finance. His leadership skills are outstanding. The skills have enabled him to be involved in the management of several companies. He is connected to 10 board members of 10 different organizations cutting across 13 different industries.
He is the current Managing Director and Executive Vice President of Grupo Televisa, SAB, which is the largest Spanish-speaking media company.
Angoitia studied law at the Universidad Nacional Autonoma de Mexico (UNAM)
Angoitia worked at White & Case LLP in New York. He became a founding partner of Mijares, Angoitia, Cortes y Fuentes, SC, the leading law firm in Mexico. Angoitia became a top attorney of Emilio Azcarraga, the CEO of Grupo Televisa. He has made valuable contributions to the financial and legal structures of the media house.
He was the mastermind of a $1.2 deal with Univision for Televisa that allowed Grupo Televisa’s accessibility to the lucrative US Hispanic market. He is also involved in the management of companies such as Empreso Cablevision and Univision Communication Inc.