Alfonso de Angoitia Noriega: A Powerful Force In Mexican Media

Televisa is the most powerful media company in Mexico. One of only two national broadcasters, it can reach 95% of Mexican households and has control of 70% of the country’s broadcast television market. TV Azteca is Mexico’s other national television broadcaster. The Mexican newspapers with the largest circulation are Esto, La Prensa, El Universal and El Financiero. Preceso, Contenido and Siempre are the country’s top magazines.

Grupo Radio Centro is the leading radio broadcaster in Mexico. While there are hundreds of small cable operators in Mexico, Sky Television is Mexico’s only satellite TV service provider. The telephone companies Telmex, Axtel, and Maxcom are the primary sources of internet service.

One of the most powerful people in Mexican media is Alfonso de Angoitia Noriega. He is executive vice president and managing director of Grupo Televisa, S.A., the Spanish-speaking world’s most prominent media company. A graduate of the Universidad Nacional Autonoma de Mexico (UNAM), Noriega has a law degree. Early in his career he worked with New York City-based law firm White & Case LLP. When he returned to Mexico Noriega co-founded one of Mexico’s top law firms, Mijares, Angoitia, Cortés y Fuentes, S.C. While there, Alfonso de Angoitia Noriega was current Grupo Televisa CEO Emilio Azcárraga’s personal attorney.

In 1999 Grupo Televisa hired Alfonso de Angoitia Noriega as their Chief Financial Officer. He held that position until 2003. When Emilio Azcárraga Milmo died, Noriega worked with his son, Emilio Azcárraga, to reorganize the company legally and financially. This enabled current CEO Emilio Azcárraga to take control of Grupo Televisa. Alfonso de Angoitia Noriega also helped Televisa get a $1.2 billion deal with Univision that improved their access the U.S.A.’s lucrative Hispanic market. Seen by many as Televisa’s financial mastermind, Alfonso de Angoitia Noriega later became the company’s executive vice president.

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