Televisa
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Televisa

Grupo Televisa, S.A.B., simply known as Televisa, is a Mexican telecommunications and broadcasting company. A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content.

In April 2021, Televisa announced that they would sell the company's media and entertainment assets to Univision Communications, which would form a new company to be known as TelevisaUnivision. The transaction was completed on 31 January 2022, with Televisa owning a 45% stake of the company.

Since its beginning, the company has been owned by the Azcárraga family. The company has been led and owned by three generations of Azcárraga; each has marked an era for the company and, until October 2017, each had passed the ownership of the company to his son upon his death.

Grupo Televisa was founded in 1955 as Telesistema Mexicano, linking Mexico's first three television stations: XHTV-TV (founded in 1950), XEW-TV (1951) and XHGC-TV (1952). Along with Emilio Azcárraga Vidaurreta, the O'Farril family and Ernesto Barrientos Reyes, who had signed on Mexico's first radio station, XEW-AM, in 1930, were co-owners of the firm. Its headquarters, known as Televicentro, were originally located on Avenida Chapultepec in downtown Mexico City. The building opened on 10 February 1952.

The channel was the first national network to be broadcast in color in 1963. Before the launch, Telesistema began airing in color in the late 1950s in select cities along the U.S.-Mexico border, given the fact that color signals were already present since the start of US color television in the decade starting from 1954[citation needed].

In 1968, Telesistema's main competitor, Televisión Independiente de México (TIM), entered Mexico City with XHTM-TV Canal 8. At the time, both Telesistema and TIM (which was based in Monterrey) competed with another new station, XHDF-TV channel 13, which also started transmissions in 1968. Over the next four years, both networks competed in content and image until they merged, taking on the name "Televisa" in 1973. In the merger deal, the owners of Telesistema had 75 percent of the stocks, while the owners of Televisión Independiente had the rest, which were sold to Telesistema later because of financial problems.

On 7 September 1970, 24 Horas debuted and became one of Mexico's most-watched news programs. The host, journalist Jacobo Zabludovsky, anchored the newscast for almost three decades.

The 1973 merger brought in another new face who would later help revolutionize television and pop music: Raúl Velasco and his Sunday program Siempre en Domingo, which was, from the start, being aired on Telesistema. Its successful run of 29 seasons (1969–98) not only featured the best pop artists from Spain and Latin America as well as from English-speaking countries, but also the most successful local singers, and its broadcast into many countries in both North and South America helped promote Latin pop to millions of television viewers.

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