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Las Estrellas (Canal 2 XEW-TV)

Las Estrellas is the leading channel of Grupo Televisa and the second oldest in the country. It transmits informational content and entertainment programmes. In 2016 it announced modifications in its programmes and it changed its name and logo. Isaac Lee was named General Director of Contents of Televisa and Univisión (he quit this job in 2018). The channel substitutes the nocturnal news operator Joaquín López Dóriga who was at this position for 16 years. Grupo Televisa S.A.B. also expands its pay TV programme in 2016 by purchasing Televisión Internacional S.A. de C.V. from Grupo Multimedios.

Key facts

Audience Share

Missing Data

Ownership Type

Private

Geographic Coverage

National

Content Type

Free content

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Media Companies / Groups

Grupo Televisa S.A.B.

Ownership

Ownership Structure

Las Estrellas is the property of Grupo Televisa S.A.B. The Group on the other hand is owned by the trusteeship Fideicomiso Azcárraga and by investors at the Mexican and New York Stock Exchange: institutions, natural persons, investment funds. Yet, Grupo Televisa has always belonged to the Azcarraga Family.

Voting Rights

The shareholders of Grupo Televisa S.A.B have the right to choose the members of the Managing Board. Decisions related to the change of the purpose of the company, mergers or splits need the vote of Emilio Fernando Azcárraga Jean.

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

1951

Affiliated Interests Founder

Emilio Azcárraga Vidaurreta - Magnate and pioneer in the Mexican radio and television broadcast. In the 1950s, his company Televimex S.A. gets for the second time the permission to operate the TV channel Canal 2 - now called Las Estrellas. Together with the concessionaires of the channels 4 and 5 he co-founded the company Telesistema Mexicano S.A. in order to operate the TV channels without violating the anti-trust laws. His son, Emilio Azcárraga Milmo, founded Televisión Vía Satélite S.A (Televisa) in 1973, previously known as Telesistema Mexicano S.A.

Affiliated Interests Ceo

Alfonso de Angoitia Noriega - Executive Co-President of Grupo Televisa S.A.B. since January 2018 (before that he was the Executive Vice President and former Vice President of Finance of the Group). In 2016 Panama Papers revealed that he is a beneficiary of a company with HQ in the Bahamas, linked to the Panamanian firm Mossack Fonseca. A month later, The Wall Street Journal comes out with allegations against the Group's executive for assumed deflection of revenues through money laundering schemes - the revenues were coming from the public budget, political parties and other sources. De Angoitia is a member of the managing boards of Univision Communications Inc., Grupo Financiero Banorte and Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA).

Affiliated Interests Editor-In-Chief

Bernardo Gómez Martínez - Executive Co-president of Grupo Televisa since January 2018 (befote that he was Executive Vice President). Gómez is a member of the Managing board of Univision Communications Inc.

Contact

Address: Av. Vasco de Quiroga 2000, Colonia Santa Fe, Delegación Álvaro Obregón, C.P. 01210

Telephone: (+52 55) 52 61 2000

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

Grupo Televisa S.A.B. points out Emilio Fernando Azcárraga Jean as beneficiary from the trusteeship Fideicomiso Azcárraga. The company does not specify if he is the only beneficiary. Anual Investors Report 2016.#

Grupo Telesistema S.A. de C.V., contents operator, refused to inform the authorities about the identity of its shareholders which puts it under sanctioning proceedings at the National Electoral Institute INE/CG314/2017.

Televisa does not inform on its websites about the existence of the position CEO for the channel, or the position editor-in-chief for its news programmes. However, information on its website points to Bernardo Gómez Martínez as the responsible for contents for Noticieros Televisa and the websites Las Estrellas, Televisa News and Televisa.

Briefing notes that cite the agency EFE identify Isaac Lee Possin as the President of the Editorial Concil of the web portal Animal Político in 2010. The web sites of Televisa and Univision do not mention Lee related to any position.

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