U.S. HISPANIC
Burillo Azcárraga family acquires the majority of América TeVé´s Canal 41 in Miami
Maribel Ramos-Weiner| 29 de mayo de 2018
Telecinco and Mediaset Italia sell 38% of shares of América TeVé, best known as Canal 41, to Carlos Vasallo, CEO of América TeVé, and to Pegaso Television —property of the Burillo Azcárraga family, founders of Televisa and Spanish International Network, now Univision—, and to the Díez Barroso family in Texas. As a result of this operation, Pegaso Television will have the majority shareholding, and, together with their partners, will control 100% of the company.
Canal 41 is an independent TV station, in Spanish, whose operation and broadcast headquarters is in Miami. They are owners of stations in Miami, New York, and Puerto Rico, and also broadcast via the Internet. Additionally, they produce more than 2.000 hours of their own programming per year in their modern facilities in Miami, turning it into the Hispanic independent network with the highest production in the US. Likewise, it is the most important local channel in the South of Florida.
Their new goals include increasing production for new entertainment platforms, as well as for other television networks in the US, Europe, Latin America, and of course, Mexico.
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