TV Azteca facts for kids
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Trade name
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TV Azteca |
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Sociedad Anónima Bursátil de Capital Variable | |
Traded as | BMV: AZTECACPO BMAD: XTZA |
ISIN | ISIN: [https://isin.toolforge.org/?language=en&isin=MX01AZ060013 MX01AZ060013] |
Industry | Mass media |
Predecessor | Imevisión (1983-1993) |
Founded | August 2, 1993 |
Founder | Hugo Salinas Price |
Headquarters | , |
Key people
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Benjamín Salinas Sada (CEO) Ricardo Salinas Pliego (President) |
Products | Television broadcasting, radio and multimedia |
Revenue | ![]() |
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Number of employees
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6,000 |
Parent | Grupo Salinas |
TV Azteca is a major media company in Mexico. It is owned by a larger company called Grupo Salinas. TV Azteca is the second-largest media company in Mexico, right after its main competitor, Televisa.
The company owns two big national TV networks, Azteca Uno and Azteca 7. It also runs two other channels, adn40 and A Más+. These channels can be watched in most cities across Mexico.
TV Azteca also has an international channel that reaches 13 countries in Central and South America. One of its most famous programs is the news show Hechos.
Contents
The Story of TV Azteca
How the Company Started
In the early 1990s, the Mexican government, led by President Carlos Salinas de Gortari, decided to sell some companies it owned. This process is called privatization. One of these companies was a TV network called Imevisión.
Imevisión had two national networks and a few local stations. To prepare for the sale, the government split Imevisión into smaller companies. The biggest one was named Televisión Azteca.
On July 18, 1993, a group led by businessman Ricardo Salinas Pliego won the auction to buy the company. They paid about US$645 million. The new owners named the entire company TV Azteca. This created major competition for Televisa, which had been the main TV company in Mexico for a long time.
Growing Bigger
In 1998, TV Azteca invested in a TV station called XHTVM-TV. TV Azteca agreed to manage the station's programming and advertising. However, a few years later, the station's owner and TV Azteca had a disagreement about their contract.
After some legal issues, TV Azteca was eventually able to buy the rest of the station in 2006. They renamed it Proyecto 40, which is now known as adn40.
For a while, from 2011 to 2016, the company was just called "Azteca" to show it was involved in more than just TV. But in 2016, they went back to using the name TV Azteca.
In 2023, the company faced some financial challenges. It entered a legal process in the U.S. known as Chapter 11 bankruptcy. This happens when a company needs time to reorganize its finances and pay its debts.
What TV Azteca Offers
TV Azteca's Main Brands
TV Azteca has different divisions for specific types of content.
- Azteca Noticias: This is the news division, which produces popular news shows like Hechos.
- Azteca Espectáculos: This part of the company focuses on entertainment news and celebrity shows.
- Azteca Deportes: This is the sports division, covering major sporting events and teams.
- Azteca Novelas y Series: This division creates famous telenovelas (dramatic series) and other shows.
TV Channels in Mexico
Network | Main Station | What It Shows |
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Azteca Uno | XHDF 1 | General shows, news, and new telenovelas. |
Azteca 7 | XHIMT 7 | General shows, sports, and TV series. |
adn40 | XHTVM 40 | News and informational programs. |
TV Channels Outside Mexico
Network | Main Station | What It Shows |
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TV Azteca Guate | N/A | A channel for Guatemala with shows from Mexico and local news. |
TV Azteca Honduras | N/A | A channel for Honduras with shows from Mexico and local news. |
Other Businesses
TV Azteca is part of Grupo Salinas, a large group of companies. This group also owns:
- Grupo Elektra: A chain of department stores.
- Banco Azteca: A bank.
- Seguros Azteca: An insurance company.
- Monarcas Morelia: A soccer club in Mexico's top league, Liga MX.
Training Future Stars
TV Azteca has its own acting school called the Centro de Estudios y Formación Actoral (CEFAT). Many famous actors and actresses have graduated from this school, including Bárbara Mori and Iliana Fox.
Azteca Music
The company also has a record label called Azteca Music, which it started in 1996. It helps produce and promote music for different artists.
Images for kids
Logos Through the Years
See also
In Spanish: TV Azteca para niños
- Televisa
- List of Broadcasting Companies in Latin America