Grupo Televisa is a Multimedia Mass Media company, and it is also the first network of all the Spanish-speaking community. Grupo Televisa is an international business with a presence in most countries including the United States of America. The Network’s partnership with Univision has created a booming business for Grupo Televisa.
Grupo Televisa was founded as Telesistema Mexicano. The Network has linked three different television stations in Mexico. When the Network was formed, it monopolized the business as there were no competitors. However, in 1968 Television Independiente de Mexico, the Network’s biggest competitor was launched.
For four years, the two Networks competed in production, content, and image. After much competition, the two merged in 1973 and formed, Televisa. Televisa; owned by the Azcarraga family, controls 66% of television programs. The Network owns other different programs including broadcasting, publishing, cable television, and radio broadcasting.
Televisa controls the media industry in Mexico. It is for that reason that the Network has a great influence on the media content, Union Congress’s decision, and has power over politicians.
Televisa operates the Televisa Networks. The Televisa Networks is responsible for the distribution of the Televisa programs by the satellite.
Alfonso de Angoitia Noriega was named the chairman of the Grupo Televisa finance committee in 2009. Before he acceded to the current position, Alfonso acted as the Chief Financial Officer.
Alfonso had worked for other companies before he joined the Grupo Televisa, he worked for the White and Case LLP based in New York. He also became the partner of the Angotia, Cortes, Fuentes, and Mijares Law firm in Mexico. Alfonso is the financial mastermind of Televisa, and he was the force behind a multi-million contract between Televisa and Univision.
Alfonso is involved in philanthropic activities. Alfonso is the chairman of the Board of Trustees at Kardias A.C. Alfonso has been the member of the board of trustees of the American School Foundation for the last five years.