Alfonso De Angoitia Noriega’s Contribution to the Media Industry

     The media industry in Mexico has been growing rapidly over the last twenty years. Top of the list includes Cinemex, Evoga entertainment, Grupo CIE, MVS Comunicaciones, Grupo Reforma and Grupo Televisa among others.

Grupo Televisa is a Mexican mass media company and the largest in Hispanic America. It was founded in January 1973 by Emilio Azcárraga Viduarreta. Its headquarters are located at Mexico City in Mexico. Grupo Televisa has a contract with Univision of the United States, where majority of its programs are aired. The company’s market value is 15.6 billion dollars. It operates through segments which include cable and telecom, publishing, and content.

Grupo Reforma is the second biggest printed media company in Latin America and Mexico. It was founded in 1922 by Rodolfo Junco Voigth and serves to publish daily newspapers in five cities. The publications include the leading newspapers in Mexico’s three biggest cities. The company also has alliances with leading United States dailies allowing it to publish their information in its papers.

Cinemex is a cineplex company in Mexico that was founded in 1993 and has its headquarters in Mexico City. It started with a college business plan, and it was until 1992 when the new Cinematography Law was passed in Mexico, that Miguel Angel Davila and Adolfo Fastlicht saw Mexico City a market for a high-end chain of theaters. Cinemex has opened cineplexes in Tijuana, Mexico City, Guadalajara, Mexicali, Toluca and many other cities in Mexico.

Alfonso de Angoitia Noriega was born in January 1962 in Mexico. He is an executive vice president and director of Grupo Televisa, a position he has occupied after 2003. From 1999 to 2003, he served as a chief financial officer of Grupo Televisa. Alfonso de Angoitia Noriega is a key friend to Emilio Azcárraga Viduarreta, the founder of Grupo Televisa.

Prior to working with Grupo Televisa, Alfonso de Angoitia Noriega was a partner in the founding of one of the leading law firms in Mexico; Mijares, Angoitia Cortés y Fuentes, S.C. He later served as the Emilio Azcárraga’s attorney. The two worked together after Emilio’s father died. Their partnership helped to restructure the company legally and financially.

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