Who Owns Grupo Televisa? A Look At The Media Giant’S Ownership

Televisa is the largest media company in Latin America, and it’s owned by the Azcárraga family. They control a significant portion of the television landscape, holding 66% of the 465 television concessions. This impressive ownership stake has made them a dominant force in Mexican media for decades.

The Azcárraga family’s involvement with Televisa began in the 1950s when Emilio Azcárraga Vidaurreta, a visionary entrepreneur, took over a small radio station called XEW. He quickly transformed it into a broadcasting powerhouse, launching the first commercial television station in Mexico in 1951. This marked the beginning of a media empire that would eventually become Televisa.

The family’s legacy continued with Emilio Azcárraga Milmo, who took the helm in the 1970s. Under his leadership, Televisa expanded its reach, becoming a global media force. He was responsible for establishing partnerships with major international networks and introducing innovative programming formats to Mexico.

Today, the family’s stake in Televisa is held by several members, with Emilio Azcárraga Jean serving as the current CEO. He has continued his family’s tradition of innovation, focusing on digital media and expanding Televisa’s global reach. The Azcárraga family’s enduring influence on Televisa reflects their commitment to building a media empire that continues to shape the Mexican landscape and entertain audiences worldwide.