December 14, 1991 |
Mexico's premier entertainment company made a spectacular stock market debut this week in the midst of a slump at the Mexican Stock Exchange. In Mexico's largest initial public offering, investors paid $750 million for 20% of Televisa, which owns 211 media-related businesses worldwide. At $12.50 a share, the sales price was $1 more than the top price expected. The stock rose $1.17 in its first day of trading Tuesday, as the rest of the Mexican market plummeted. A simultaneous placement among U.
March 8, 2014 |
MEXICO CITY - A Mexican regulatory agency has ordered the massive companies that dominate this nation's telephone and broadcast television sectors to share their network infrastructure with competitors, a move that could seriously alter Mexico's telecommunications landscape in the months and years to come. The rulings by the Federal Telecommunications Institute appeared to be a "step in the right direction" for the Mexican economy, said George W. Grayson, a Mexico specialist at the College of William and Mary.
December 15, 1991
It was refreshing to read the bold piece about Emilio Azcarraga and Televisa ("El Tigre," by Marjorie Miller and Juanita Darling, Nov. 10). During the early 1980s, I worked as co-executive producer and director of operations for a Televisa subsidiary, International Videofilms. The Televisa powers arrogantly and blindly, without adequate market research, decided to spend several millions of dollars to dub into English a half-dozen of their long-running Spanish language soaps. The project was a total failure.
January 26, 2013 |
MEXICO CITY -- Carlos Slim's telecommunications empire, Telmex, is poised to get a new shot at realizing its long-held goal of entering Mexico's television market after a regulatory board this week approved rules that may allow the world's richest man to launch a for-pay TV channel. Mexico's television market is almost completely dominated by the duopoly of media giant Televisa and TV Azteca, which together control about 95% of what viewers see and hear on the country's airwaves.
August 3, 1998 |
In what would be a crucial victory ahead of the 2000 presidential elections, the opposition National Action Party, or PAN, captured the governor's seat in the central state of Aguascalientes, according to television exit polls. The ruling Institutional Revolutionary Party, however, said its own polls showed it was hanging on to Aguascalientes by 4 percentage points.
August 1, 2010 |
Mexican federal police on Saturday rescued two of four journalists kidnapped five days earlier by a drug gang in northern Mexico, authorities said. The case highlighted the dangers faced by journalists in Mexico, where criminal gangs often seek to silence news coverage or slant it in their favor. The captors had demanded the airing of homemade videos that linked a rival gang to corrupt police in the states of Durango and Coahuila. Public Safety Secretary Genaro Garcia Luna said intelligence work led to a predawn operation that freed cameramen Javier Canales of Multimedios Laguna and Alejandro Hernandez of Televisa from a house in Gomez Palacio, Durango.