The Mexican media industry has significantly changed over the last two decades. The media landscape has evolved to include more players, which has resulted in healthy competition among the various media houses in the country. The quality of the content broadcasted to people has also improved immensely. With the new competition, media houses have been forced to produce high-quality content to stay afloat in the market.
Media industry in Mexico
The media sector has walked through a tough road, but it can finally release a sigh of relief. Gone are the days when the leading media houses relied on the government ad revenue to sustain their smooth operations. Nowadays, these media houses broadcast advertisements for giant corporations and small businesses which, has significantly increased their revenue.
Besides that, Mexico remains politically active throughout the year. A new breed of media houses has emerged that helps the general public to keep tabs with what is happening in the political arena. And with a huge section of the population having an interest in politics, these media houses have gained a lot of audience with a few years of their establishment.
Politics in Mexico plays a very crucial role in the cultural social and economic life of Mexicans. That is probably why a lot of the people are active participants in politics. Televisa once dominated the world of television in Mexico. In the recent past, other giants such as the Azteca, Cinemex, MVS communicaciones, Grupo CIE, and Grupo Reforma have emerged.
About Salvi Ragael Folch Viadero
Salvi Ragael Folch Viadero is the Chief Financial Officer (CFO) of the Grupo Televisa. Salvi Ragael Folch Viadero has served in the Mexican media industry for some years. The experience has seen him grow through the ranks in the companies he served.
Before his current position Grupo Televisa, Salvi Ragael Folch Viadero served as the Vice President of Financial Planning in the same company. Mr. Salvi Ragael also served as the Chief financial officer of Commercio Mas and former Vice Chairman of Banking Supervision at National Banking and Securities Commission.