The Role Played by Salvi Rafael Folch Viadero in Transforming the Mexican Media Industry

     Mr. Salvi Rafael Folch Viadero is a 50-year-old chief financial officer in one of Mexico’s top media companies. He works with Grupo Televisa, S.A.B. where he also doubles as the Vice President of Finance and Administration. Still in Grupo Televisa, S.A.B., in April 2014, he was listed on the company’s board of directors. Furthermore, he is also a member of the board of directors in Innova S. de RL de CV, which is also a media company.

Mr. Salvi Rafael Folch Viadero joined Grupo Televisa, S.A.B. in January 2002. Since then, he has worked hard to attain massive success with the company. Before his involvement with Grupo Televisa, S.A.B., he served at the Comercio Más SA de CV where he doubled as the CEO and Chief Financial Officer. He has also been the Vice Chairman of Banking at Comisión Nacional Bancaria de Valores.

The Growth of the Media Industry in Mexico

In recent years, Mexico has seen a rise of media companies. Just over a decade ago, there were less than three companies that broadcasted 24-hour news in Mexico. However, this has changed, and currently, one has the option of watching news from about ten media houses. Televisa not only ranks as the largest media company in Mexico, but also in all Spanish speaking countries. It is owned by the O’Farril family, Azcárraga family, and Ernesto Barrientos Reyes.

Azteca is another big wig in the media industry. Formerly known as TV Azteca, the company is considered to be Mexico’s number two company after Televisa. It is currently being headed by Mario San Roman who is the company’s CEO. The company is owned by the Grupo Salinas.

When it comes to matters newspapers, Mexico has also experienced major revolutions. Currently, the El Universal is the largest and most influential newspaper in Mexico. Founded in 1916 by Félix Palavicini and Emilio Rabasa, the newspaper has continued to dominate the Mexican print media industry.