The media industry in Mexico can best be termed as rapidly developing. Various changes continue to shape the industry and the future is still bright for new entrants.
The older conglomerates such as Grupo Televisa, which runs Televisa, however, continue to dominate the market.TV Azteca, the second largest TV outlet in Mexico also has a key role in the political, social and cultural development of Mexico
Alfonso de Angoitia Noriega sits on the Board of Directors for Grupo Televisa, the leading media outlet in Mexico and the Spanish –speaking world at large. Angoitia is also the Executive Vice President of the expansive company that has under its stable equally successfully subsidiaries.
Before joining the board of Grupo Televisa in 1997, Mr. Angoitia, an accomplished lawyer, worked at White and Case LLP. He helped to lay the foundation of one of Mexico’s well-performing law firms Mijares, Angoitia, Cortés y Fuentes, S.C. The fifty-five year old acted as the personal lawyer of the CEO of Grupo Televisa who was a client at this firm and their friendship blossomed leading to his rise up the ladder at Grupo Televisa.
His contribution to Grupo Televisa cannot be underrated as he has brought about various legal and financial adjustments that have been consequential to the growth of the company.A $1.2 billion deal that saw Televisa gain root in the coveted US Hispanic market was reached under his leadership.
Another influential segment of the Mexican Media is newspapers, dominated by papers such as El Universal, Reform, La Jordana, Milenio and La Presena.
Rardi Cento leads in the audio reach with over 20 production studios from which most of productions are created.
The media in Mexico has made the right strides towards liberalization and growth. Consumption of digital media is also penetrating with impressive speed as seen by the increasing readership of El Universal Online.