Alfonso de Angoitia Noriega And Mexico’s Top Media Companies

     There is a vibrant and growing media in Mexico. The country has a wide array of news, entertainment and information sources offered through a wide spectrum of both traditional and modern media. There are many national and regional newspapers and magazines like Reforma, El Norte, El Universal, La Jornada, Milenio, El Economista and The News. In addition to the two major broadcast television companies TV Azteca and Televisa, there are many small local broadcasters as well. Plus Mexicans have many options when it comes to radio, internet and pay television.

Televisa and TV Azteca operate national television networks with sports, news and entertainment shows broadcast on 7 channels. The government runs channels 11 and 22 which focus on cultural content. There are over 4 million cable television subscribers in Mexico and over 1.5 million people subscribe to satellite television. They get their services from hundreds of small regional operators. The country’s largest satellite company is Sky Television. MasTV is another popular service carrier. Soon Telmex, Mexico’s phone company and the largest internet provider, will begin offering television service. Mexico also has several large radio stations.

Mexican native Alfonso de Angoitia Noriega is a Groupo Televisa, S.A. executive VP and director. It’s the Spanish-speaking world’s largest largest media company. He has been on the company’s board since 1997. From 1999 until 2003 he was the CFO. He became the company’s finance committee chairman in 2009. Alfonso de Angoitia Noriega is also on the board of Empreses Cablevision, Sky Television and Bolsa Mexicana de Valores.

Alfonso de Angoitia Noriega began his business career working with New York based White & Case LLP. He went on to become a founding partner in one of Mexico’s top law firms, Mijares, Angoitia, Cortés y Fuentes, S.C. Alfonso de Angoitia Noriega also served as Grupo Televisa CEO Emilio Azcarraga’s the personal attorney. Angoitia worked with Emilio Azcárraga to restructure the company financially and legally. Many consider Alfonso de Angoitia Noriega the financial mastermind behind Grupo Televisa after he brokered a $1.2 million deal with Univision for Televisa that improved Televisas access to the U.S. Hispanic market.

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