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Grupo Multimedios

Grupo Multimedios

The conglomerate Grupo Multimedios started in 1933 with one radio station in the city of Monterrey. Today this company, is one of the most important information producers in the north of the country, with printed press, TV channels, radio stations and one Internet provider. Thanks to collaborations with US radio stations, the TV signal of Multimedios reaches cities with large Spanish-speaking population such as San Diego, Houston, El paso and Salt Lake City. Multimedios also transmits in Central America. Grupo Multimedios is made of two groups, Multimedios and Milenio. The first one holds concessions for open-TV channels in Mexico City and in other ten states of the Republic. At the same time it owns five networks of radio broadcasters which reach a total of 37 stations in 17 cities.

On the other hand, Milenio, besides producing contents for television, radio and online, it is also the owner of the national daily “Milenio Diario” and its eight local editions.

The conglomerate Multimedios has imprecise number of limited companies, with HQ in Mexico City and the city of Monterrey. The Group does not publish information related to its finance or income, except for some communication notes about some investments. On the other hand, the information about the shareholder structure of the radio and TV concessionaires of the Group, published by the Federal Institute for Telecommunications, has many gaps.

In December 2017, Grupo Multimedios paid the State around 647 millions of Mexican pesos, through the companies Multimedios Televisión S.A de C.V. and Televisión Digital S.A de C.V., in the name of concession in duration of 20 years. The Group purchased the concession for six new open-TV channels in different cities in five Mexican states and in Mexico City.

One year before, in 2016, the company Milenio Diario S.A. de C.V. was among the 10 providers which received 63% of the anual budget expenditure for government publicity. Milenio Diario received 5% of all the payments made to the 483 providers, which means it received more than 77 millions of Mexican pesos for government publicity, according to one report from Fundar, Mexican Center for Analysis and Investigation.

Grupo Multimedios –then called Multimedios Estrella de Oro¬ started publishing the newspaper Telediario since 1975 in the city of Monterrey, State of Nuevo León. Almost half a century later, the newsletters' information is being transmitted on open-TV in at least five of the most populated cities in the country, and on the Group's radio stations.

The transmissions of the pay-TV network Milenio Televisión started in 2008; later on its content was transmitted in different cities of the country as open-TV.

The President of Grupo Multimedios and President of the Managing Board of Grupo Milenio, Francisco Antonio González Sánchez, is the major individual shareholder in the companies of Multimedios which hold the radio and television concessions. The rest of the individual shareholders in these companies are his four children: Francisco Darío, Jesús Dionisio, Patricia and Valeria González Albuerne, as well as their mother Nora Patricia Albuerne Wendorf.

Key facts

Business Form

Private

Legal Form

Corporation

Business Sectors

Design; Construction and Operation of housing and business areas; Hotels

Ownership

Individual Owner

Media Outlets
Other Media Outlets

Other Print Outlets

Milenio Diario

Other TV Outlets

Multimedios Televisión

Other Radio Outlets

Milenio Radio

Other Online Outlets

Milenio.com

Facts

Media Business

Publicity

Grupo pol

Cable TV

MM Redes

Telephony and Internet

MM Redes

Business

Design; Construction and Operation of housing and business areas

Altea Desarrollos

Amusement parks

Bosque MágicoMonterrey
Entertainement centers

Pool & Roll

General Information

Founding Year

1947

Affiliated Interests Founder

Jesús Dionisio González was a businessman in the private transport sector; he was also a brewer, and was involved in publicity and communication media where he founded Grupo Multimedios - owner of many radio stations and newspapers. He was a President of the Council of the Mexican Chamber of Television and Radio Broadcasters.

Contact

Av. Eugenio Garza Sada No. 2145 Sur. Col. Roma. Monterrey, Nuevo León. México, C.P. 64700 Teléfono: +52(81)8880 4400grupomultimedios.com/index.html

Tax/ ID Number

Missing data

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data

Management

Executive Board

Francisco Antonio González Sánchez - President of Grupo Multimedios. Together with his father, Jesús Dionisio González González, he co-founded Comercializadora Jubileo S.A. de C.V. in the 1970s. Four decades later, at the end of 2014, this company which is importing subsidiary of Grupo Multimedios and mainly engaged in production and sale of amusement park mechanical games - won a public tender in amount of around 539 millions of Mexican pesos for a project for waste water treatement in the State of Nuevo León. In 2017, there was a legal proceeding against Emilio Rangel - the public official who awarded the public tender and former Director of Water and Sewage of the city of Monterey. Rangel belonged to the adiministration of the former Governor of the State of Nuevo León, the PRI member - Rodrigo Medina de la Cruz. In 2009, Francisco A. received the Award of Isabel the Catholic Order from the Spanish government.

Non-Executive Board

Missing data

Supervisory Board

Missing data

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

It is unknown if the mother company of the media conglomerate “Grupo Multimedios” is the same-named Grupo Multimedios S.A. de C.V. The search for this company's name in the registers of the Mexican Business Information System or in the Single Registry of Suppliers and Contractors did not bring any results.
Grupo Multimedios is not registered as a brand in front of the Mexican Institute for Intelectual Property. The owners of the brands of the conglomerate - Multimedios, MM Redes and M Mileno Televisión- are the companies Multimedios Estrellas de Oro S.A. de C.V. and Milenio Diario S.A. de C.V.
The concessionaires for the radio and television sector of the conglomerate: Multimedios Televisión S.A. de C.V, Televisión Digital S.A de C.V and Radio Informativa S.A de C.V. are subsidiary companies of Multimedios Radio S.A. de C.V. The Public Registry of Concessions does not publish the shareholder stucture of the latter.
Grupo Milenio publishes the name and position of its managers on its web page. Grupo Multimedios, to whom Grupo Milenio belongs, does not publish this information. The names and positions of the managers of Grupo Multimedios can only be found in press releases.
The web page of Grupo Multimedios –in construction in February2018- lists: “Grupo Milenio”, “MM Televisión”, “MM Radio” and “MM redes” as the group members involved in the media business. On the same web page, there is no information about any company with its fiscal ID, or any type of financial information.
“MM Redes”, “Grupo pol” and “Altea desarrollos” are listed as the group members in the telecommunications sector, publicity and real estate sector respectively.
The same web page again, names two companies (with no fiscal ID) that offer telecommunication services: “MM Redes” and “CABLEVISION”. It is not possible to determine if the second is linked to the companies Cablevisión, S.A.B. de C.V. of Grupo Televisa S.A.B. The brand “Telum” has also been cited with its owner Televisión Internacional S.A. de C.V. (company completely owned by Televisa).
Grupo Multimedios announced in 2017 an investment from 500 millions of Mexican pesos for the construction of a hotel chain and commercial center in the municiplaity of Gómez Palacio, State of Nuevo León. The Group does not name the companies that will be involved in the project which is planned to start in February 2018.

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