Televisa
In 1968 Telesistema's main competitor, Televisión Independiente de México (TIM),started operating with XHTIM-TV and Canal 8. At the time, both Telesistema and TIM competed with XHAW-TV, local Canal 12, which also started transmissions in 1968. Over the next four years, both networkscompeted in content and image until September 17, 1972, when they merged, taking on the name Televisa, an acronym for Television Via Satellite in Spanish.[4] In the merger deal, the owners ofTelesistema 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 September 7, 1970, "24 Horas"debuted and became one of Mexico's most watched news programs. The host, legendary journalist Jacobo Zabludovsky, anchored the program for almost 3 decades.
On August 17, 1972, Emilio AzcárragaVidaurreta died, and Emilio Azcárraga Milmo succeeded him as the chain's owner.
In 1975, brothers Emilio Diez Barroso and Fernando Diez Barroso began working in the presidency offices of Televisa.Televisa started to transmit several programs produced by Universidad Nacional Autónoma de México (National Autonomous University of Mexico) (UNAM) in 1977. On March 3, 1983, Canal 8 changed theirschedule to become a cultural channel, offering informative programs, debates and cultural shows, a precursor to today's Galavisión. On May 18, 1985 the frequency was changed to XEQ-TV, Canal 9.
On...
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