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Encyclopedia > TV Azteca
TV Azteca
Type Broadcast television network
Country Flag of Mexico Mexico
Availability National; also distributed in the United States and certain other North American countries
Founder Ricardo Salinas Pliego
Owner Television Azteca, S.A. De C.V.
Key people Mario San Román (CEO)
Launch date 1993
Past names Imevisión
Website www.tvazteca.com/

TV Azteca is the second largest Mexican television network. It was established in 1993, following the privatization, under President Carlos Salinas de Gortari, of the state-owned Instituto Mexicano de la Televisión ("Imevisión"). Its flagship program is the newscast Hechos. Image File history File links Logo-tvazteca. ... Terrestrial television (also known as over-the-air, OTA or broadcast television) was the traditional method of television broadcast signal delivery prior to the advent of cable and satellite television. ... A television network is a distribution network for television content whereby a central operation provides programming for many television stations. ... Image File history File links Flag_of_Mexico. ... World map showing North America A satellite composite image of North America. ... Ricardo B. Salinas is one of Latin America’s richest men. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... A television network is a distribution network for television content whereby a central operation provides programming for many television stations. ... Privatization (alternately denationalization or disinvestment) is the transfer of property or responsibility from the public sector (government) to the private sector (business). ... The President of the United Mexican States is the head of state of Mexico. ... Carlos Salinas de Gortari (born April 3, 1948) was President of Mexico from 1988 to 1994. ... Hechos, launched in February, 1994 and conducted by Javier Alatorre, soon became a popular news show in Mexico. ...


In Mexico the network operates three stations: XHDF ("Azteca 13"), XHIMT ("Azteca 7") and XHTVM ("Proyecto 40"). All of these enjoy near national coverage, mostly via cable TV and DBS. Azteca 13 can also be seen live online via TV Azteca's website. XHDF (Channel 13) is the flagship TV station of TV Azteca. ... XHIMT (Channel 7 analog and Channel 24 digital) is the flagship TV station of TV Azteca. ... The introduction to this article provides insufficient context for those unfamiliar with the subject matter. ...


The network also operates Azteca 13 Internacional, reaching 13 countries in Central and South America.


TV Azteca subsidiaries include the Azteca América network in the United States (co-owned with Pappas Telecasting); Todito.com, a web portal for North American Spanish speakers; and Unefon, a Mexican mobile telephony operator focused on the mass market. Azteca América is an American Spanish language broadcasting network which is jointly-owned by the Mexican television network TV Azteca and Pappas Telecasting. ... Pappas Telecasting Companies, headquartered in Visalia, California is one of the largest privately held broadcasting companies, with its stations reaching over 15% of all U.S. households and over 32% of Hispanic households. ... Todito. ... A Web portal is a site on the World Wide Web that typically provides personalized capabilities to its visitors, providing a pathway to other content. ... Unefon is a Mexican mobile phone company owned by TV Azteca. ...

Contents

Privatization Process

On July 18, 1993, Mexico's Finance Ministry (Secretaría de Hacienda y Crédito Público or SHCP) announced that Radiotelevisora del Centro, a group controlled by Ricardo Salinas Pliego, was the winner of the auction process to acquire the "state-owned media package" that included Imevisión. The winning bid amounted to US$645 million. July 18 is the 199th day (200th in leap years) of the year in the Gregorian Calendar, with 166 days remaining. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... The finance minister is a cabinet position in a government. ... In Mexico The Secretary of Finance is the head of the Secretaria of Finance and Public Credit (Secretaría de Hacienda y Crédito Público or SHCP). ... Ricardo B. Salinas is one of Latin America’s richest men. ...


Rival bidders included:

  • Grupo Cosmovision, , which came in a distant second place with its US$495 million bid.
  • Grupo Medcom, affiliated to Grupo Radio Red, controlled at the time by Clemente Serna Alvear, and came in third with its US$454 million bid.

Allegations of improprieties in the privatization process

Like many other of the Privatizations undertaken during the Salinas administration, the sale of "TV Azteca" has been mired by allegations and suspicions of impropriety.


On July 4, 1996, Ricardo Salinas Pliego made the stunning admission that approximately US$30 million out of the US$645 million purchase price paid to acquire TV Azteca during the Salinas de Gortari administration had in fact come from a "personal loan" granted to him on August 11, 1993 by Raul Salinas de Gortari, brother of former Mexican President Carlos Salinas de Gortari (the Salinas de Gortari brothers are not related to Mr. Salinas Pliego). This clearly gave rise to conflict of interest accusations and serious suspicions on the integrity of the Imevision Privatization Process. The money was transferred using a complicated scheme of intermediate steps which included offshore accounts, which only added to the suspicions. Mr. Salinas Pliego's revelations came only after Mexican and Swiss prosecutors accused Raul Salinas de Gortari of Money Laundering after the discovery of multi million dollar deposits in Swiss Bank Accounts by Raul Salinas de Gortari. The Money Laundering charges against Mr. Salinas de Gortari are still being litigated, while no charges were ever made in relation to these matters against Mr. Salinas Pliego or against TV Azteca. Ricardo B. Salinas is one of Latin America’s richest men. ... Raúl Salinas de Gortari (b. ... Carlos Salinas de Gortari (born April 3, 1948) was President of Mexico from 1988 to 1994. ... Money laundering is the practice of engaging in financial transactions in order to conceal the identity, source and destination of the money in question. ...


Financial improprieties allegations

On 5 January 2005 the U.S. Securities and Exchange Commission (SEC) accused TV Azteca executives (including chairman Ricardo Salinas Pliego) of having personally profited from a multi-million-dollar debt fraud committed by TV Azteca and another company in which they held stock. The charges are among the first brought under the provisions of the Sarbanes-Oxley Act of 2002, introduced in the wake of the corporate financial scandals of that year. January 5 is the 5th day of the year in the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... The U.S. Securities and Exchange Commission, commonly referred to as the SEC, is the United States governing body which has primary responsibility for overseeing the regulation of the securities industry. ... Ricardo B. Salinas is one of Latin America’s richest men. ... Before the signing ceremony of the Sarbanes-Oxley Act, President George W. Bush meets with Senator Paul Sarbanes, Secretary of Labor Elaine Chao and other dignitaries in the Blue Room at the White House on July 30, 2002. ... Accounting scandals, or corporate accounting scandals are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large public corporations. ...


On April 28, 2005 the Comisión Nacional Bancaria y de Valores [1] (CNBV), the Mexican Banking and Securities Commission, notified TV Azteca, Ricardo B. Salinas, Chairman of the Board, and Pedro Padilla L., Board Member of the Company concerning financial penalties being imposed in connection with administrative procedures that were brought by the CNBV in late January 2005 arising from alleged violations of the Mexican Securities Law as a result of transactions that occurred in 2003 among Unefon, Nortel and Codisco. The aggregated amount of the financial penalties equals approximately US$2.3 million, of which the CNBV intends to impose upon TV Azteca a penalty equivalent to approximately US$50,000. April 28 is the 118th day of the year (119th in leap years) in the Gregorian Calendar, with 247 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Unefon is a Mexican mobile phone company owned by TV Azteca. ... Northern Telecommunications Networks, commonly known as Nortel, is a telecommunications equipment manufacturer headquartered in Canada. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory[1], the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...


April 30, 2005, Finance Secretary Francisco Gil Díaz asked prosecutors to bring criminal charges against TV Azteca Chairman Ricardo Salinas Pliego on allegations he used privileged information to trade shares, people familiar with the matter said. April 30 is the 120th day of the year in the Gregorian calendar (121st in leap years), with 245 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... In Mexico The Secretary of Finance is the head of the Department of Finance and Public Credit (Secretaría de Hacienda y Crédito Público or SHCP). ... Francisco Gil Díaz (b. ...


Gil Díaz's fiscal prosecutor filed the 1,200-page request to charge Salinas Pliego, who controls the No. 2 broadcaster, with the Attorney General's Office (PGR) April 27, said the people, who asked not to be identified. Regulators yesterday separately fined Azteca, its chairman and board member Pedro Padilla US$2.3 million for securities law violations. In most common law jurisdictions, the Attorney General is the main legal adviser to the government, and in some jurisdictions may in addition have executive responsibility for law enforcement or responsibility for public prosecutions. ...


The proposed criminal charges go beyond a civil suit brought by the SEC on January 4 that accused Salinas Pliego and his company of securities fraud for hiding a transaction that netted him US$109 million. January 4 is the 4th day of the year in the Gregorian calendar. ...


Just a few days before the charges were formalized, TV Azteca dennounced a blackmail attempt by Gil Díaz to avoid the transmission of an investigation by Azteca's reporter Lilly Téllez of alleged corruption acts during the 1994 economic crisis in Mexico. According to TV Azteca, the charges made by Gil Díaz were in retaliation for the transmission of Téllez report. The rest of the media found the accusations incredibly weak and, given the timing, suspicious: their proof was an unsigned document printed on plain paper stating the terms of the blackmail, supposedly given to a TV Azteca representative by Gil Díaz himself in his own office. For other uses, see Blackmail (disambiguation). ... Lilly Téllez is a Mexican journalist for TV Azteca, the second most important TV broadcast company in Mexico. ... The 1994 economic crisis in Mexico, widely known as the Mexican peso crisis, was triggered by the sudden devaluation of the Mexican peso in the early days of the presidency of Ernesto Zedillo. ...


The case will test the country's insider-trading legislation for the first time since the government toughened the law in 2001 to criminally prosecute violators.


"There's recognition worldwide that until securities law violators are prosecuted criminally, civil enforcement will have a limited deterrence effect," said Jacob Frenkel, a former U.S. federal prosecutor and SEC enforcement lawyer who is now a partner at Shulman Rogers in Rockville, Maryland. Location in the State of Maryland Coordinates: Country United States State Maryland County Montgomery County Founded 1717 Incorporated 1860  - Mayor Larry Giammo Area    - City  13. ...

  • UNEFON

Salinas Pliego, 49, made a US$109 million profit in 2003 after buying debt that TV Azteca phone unit Unefon SA owed to Nortel Networks Corp. for a discounted price, and then receiving repayment from Unefon at full value three months later, the SEC said in January. The SEC alleged Mexico City-based TV Azteca, whose shares trade in both Mexico and the U.S., failed to tell shareholders about the transaction.


The SEC requires companies to disclose so-called relatedparty transactions because they may involve conflicts of interest.


Dan McCosh, a spokesman for Salinas Pliego and the companies he controls, declined to comment on the possibility of criminal charges. Salinas Pliego and TV Azteca denied any wrongdoing Thursday and said they would appeal the administrative fines imposed by regulators, according to a statement sent to the Mexican stock exchange.


In September, Salinas Pliego told reporters he wasn't concerned about the SEC investigation. "We are totally convinced we acted correctly, and we are going to defend ourselves," he said.

  • DOWNGRADES

Mexican regulators started investigating Salinas Pliego and the companies he controls in December 2003, after TV Azteca's outside lawyers publicly expressed concern about the Unefon debt transaction.


Analysts from Merrill Lynch & Co. Inc., JPMorgan Chase & Co. and Deutsche Bank reduced their recommendations on TV Azteca stock on Jan. 8, 2004, after the company disclosed details of the Unefon transaction, sending the shares 11 % lower that day to 5.52 pesos. TV Azteca fell 2.8 % in trading today to 5.49 pesos, down 22.4 % this year. Its American Depositary receipts fell 13 cents, or 1.6 %, to US7.99. Merrill Lynch & Co. ... JPMorgan Chase & Co. ... Deutsche Bank AG NYSE: DB (German for German Bank) is a multinational bank operating worldwide and employing more than 67,500 people (December, 2005). ...


Gil Díaz asked Congress last month to revise legislation to expand shareholder rights and facilitate company share listings to spur the stock market. The changes would add to amendments made in 2001 that defined the information controlling shareholders and companies must disclose to minority investors.


The bill that Gil Díaz is now proposing would replace Mexico's 30-year-old securities law and reduce by two-thirds, to 5 %, the amount of stock shareholders must own to bring lawsuits against company executives, among other provisions. He said the new law won't be as strict as U.S. legislation.


TV Shows

  • La Vida es una Canción
  • Lo que Callmos las Mujeres
  • Ventaneando
  • Hechos
  • Venga la Alegría
  • La Academia
  • Tempranito
  • Angel
  • El Rival Más Débil (Weakest Link)
  • Montecristo
  • Va que Va
  • Famosos en Jaque
  • DeporTV
  • Los Protagonistas
  • Con Sello de Mujer

Hechos, launched in February, 1994 and conducted by Javier Alatorre, soon became a popular news show in Mexico. ... La Academia (The Academy) is a Mexican reality television show shown on TV Azteca. ... The Annunciation - the Angel Gabriel announces to Mary that she will bear Jesus (El Greco, 1575) An angel is a supernatural being found in many religions. ... Weakest Link UK Version Weakest Link (formerly titled The Weakest Link) is a television game show which first appeared in the United Kingdom on BBC Two on 14 August 2000. ... Montecristo, part of the Tuscan archipelago. ...

Defunct

  • A Ganar Con Omar
  • Nexos
  • En Caliente
  • Jeopardy
  • La Venta Increible
  • El Conquistador del Fin del Mundo
  • Estrellas de Novela
  • Chiton
  • Cada Mañana
  • AM
  • Domingo Azteca
  • El Ojo del Huracan
  • Con un Nudo en la Garganta
  • hidden passion

This article describes the British horror/suspense television series. ... Families See text. ... Cada Mañana (Every Morning) was a very succesful TV show that ran for 5 years by the Mexican network TV Azteca. ... Look up AM, A.M., Am, am, a. ...

See also

La Academia (The Academy) is a Mexican reality television show shown on TV Azteca. ... This is a list of programs currently, formerly, and soon to be broadcast by TV Azteca. ... Televisa is the largest media company in the Spanish-speaking world, followed by TV Azteca, and a major player in the international entertainment business. ...

External links

Broadcast television networks in Mexico

TV Azteca | Televisa | Once TV | Edusat | Multimedios Television | Telemax The British Broadcasting Corporation, usually known as the BBC (and also informally known as the Beeb or Auntie) is the largest broadcasting corporation in the world in terms of audience numbers, employing 26,000 staff in the United Kingdom alone and with a budget of more than GB£4 billion... Terrestrial television (also known as over-the-air, OTA or broadcast television) was the traditional method of television broadcast signal delivery prior to the advent of cable and satellite television. ... A television network is a distribution network for television content whereby a central operation provides programming for many television stations. ... Televisa is the largest media company in the Spanish-speaking world, followed by TV Azteca, and a major player in the international entertainment business. ... This article needs to be cleaned up to conform to a higher standard of quality. ... Edusat, Sistema de Televisión Educativa is an Educational Television System implemented by the Ministry of Public Education of Mexico in 1994. ... Multimedios Television is a system of two Spanish language television stations in Monterrey,Mexico. ... Telemax is a Mexican broadcast television network, with at least three affiliates known: XEWH 6 (Hermosillo, Sonora, and its market area) XHCCS 5 (Rebraodcaster of XEWH-TV-6 in Cananea, Sonora) XHAPS 12 (Another rebroadcaster of XEWH-TV-6, serving Agua Prieta, Sonora and the rest of the Agua Prieta...

See Also: Local Canadian TV Stations | Local American TV Stations (W) | Local American TV Stations (K) | North American TV | Canadian networks | American networks | Mexican networks | Superstations | List of local television stations in North America | Local Mexican TV Stations | List of American Over-The-Air Networks | Template:Insular Areas TV Categories: | ... This is a list of full-power television stations in the United States having call signs beginning with the letter K. Most low-power TV stations, those with designations such as KAGN-LP or K11XQ, have not been included in this list. ... This is a list of television stations in the United States having call signs beginning with the letter W. See also the list of TV stations beginning with K and the list of TV stations beginning with X. // North American call sign Categories: | | ... Map of United States Designated Market Areas (DMAs). ... This is a list of full-power television stations bordering the United States having call signs beginning with the letter X and run by Mexican companies or universities. ... // In the United States, for most of the history of broadcasting, there were only four major national broadcasting networks. ...

Grupo Salinas

Corporate Directors: Joaquín Arrangoiz | Francisco Borrego | Tristán Canales | Luis J. Echarte | Diego Foyo | Gustavo Guzmán | Alfredo Honsberg | Gustavo Lacroix | Martín Luna | Armando Melgar | Jorge Mendoza | Esteban Moctezuma | Ernesto Nava | Luis Niño de Rivera | Pedro Padilla | Tim Parsa | Ricardo Salinas Pliego | Carlos Septién | Mario San Román | Javier Sarro | Adrian Steckel | José Ignacio Suárez | Gustavo Vega Grupo Salinas logo Grupo Salinas is a Mexican corporation. ... Corporate redirects here. ... In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. ... Esteban Moctezuma Barragán (b. ... Ricardo B. Salinas is one of Latin America’s richest men. ...

Assets: Afore Azteca | Azteca América | Banco Azteca | Grupo Elektra | Iusacell | Movil@ccess | Seguros Azteca | todito.com | Telecosmo | TV Azteca | Unefon Afore Azteca logo Afore Azteca is administrator of retirement funds (Administradora de Fondos de Retiro, AFORE) owned by Grupo Salinas. ... Azteca América is an American Spanish language broadcasting network which is jointly-owned by the Mexican television network TV Azteca and Pappas Telecasting. ... Banco Azteca logo Banco Azteca is a Mexican bank founded in 2002 and owned by Grupo Elektra. ... Grupo Elektra logo Grupo Elektra is a Mexican financial and retail corporation owned by Grupo Salinas. ... Iusacell is a Mexican mobile services carrier. ... Movil@ccess logo Movil@access is a Mexican company that offers two-way paging services owned by Grupo Salinas. ... Seguros Azteca logo Seguros Azteca is a Mexican life insurance company owned by Grupo Salinas since 2003. ... Todito. ... Telecosmo logo Telecosmo is a Mexican Internet service provider (ISP) owned by Grupo Salinas and the Saba family. ... Unefon is a Mexican mobile phone company owned by TV Azteca. ...

Annual Revenue: 3.7 billion USD FY 2005) | Employees: 34,000 | Website: www.gruposalinas.com The United States dollar is the official currency of the United States. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ...


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TV Azteca is Mexico’s second largest broadcast television company, operating two national networks, Azteca 13 and Azteca 7, through 555 owned-and-operated television stations located throughout Mexico.
TV Azteca is one of the most efficient TV companies in the world and the second largest producer of Spanish-language television, investing approximately $225 million US in new productions each year resulting in over 9,000 hours of original content.
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