Emilio Azcárraga Jean Sells Minority Stake in Grupo Televisa
Mexico City, January 6, 2026 – Emilio Azcárraga Jean, chairman of Grupo Televisa, has agreed to sell a minority stake of 26,332,332,804 Series A shares to fellow executives Bernardo Gómez Martínez and Alfonso de Angoitia Noriega. The transaction, announced on January 5, 2026, is pending approval from Mexico’s antitrust authority and aims to redistribute ownership among Televisa’s leadership without introducing external shareholders.
Details of the Share Sale Agreement
The agreement involves Azcárraga Jean transferring the shares equally to Gómez and de Angoitia, who are key figures in Televisa’s management. This internal reallocation is expected to maintain continuity in the company’s strategic direction while addressing governance dynamics. The deal is subject to customary conditions, including regulatory clearance from the Comisión Nacional Antimonopolio.
Key Facts
| Aspect | Details |
|---|---|
| Shares Involved | 26,332,332,804 Series A shares |
| Buyers | Bernardo Gómez Martínez and Alfonso de Angoitia Noriega (equal parts) |
| Seller | Emilio Azcárraga Jean |
| Regulatory Approval Needed | Comisión Nacional Antimonopolio |
| Company | Grupo Televisa, S.A.B. (NYSE: TV; BMV: TLEVISA CPO) |
Background on Emilio Azcárraga Jean
Emilio Azcárraga Jean, born on February 21, 1968, in Mexico City, is the son of Emilio Azcárraga Milmo, who died in 1997 from pancreatic cancer. At age 29, Azcárraga Jean succeeded his father as CEO of Grupo Televisa, the world’s largest Spanish-language media conglomerate. Under his leadership until 2017, Televisa expanded into cable, satellite, and telecommunications, turning around a near-bankrupt company. He remains chairman and controls a significant stake through the Azcárraga Trust. Azcárraga Jean also owns Club América, a prominent Mexican football team, and has been involved in sports broadcasting rights.
Frequently Asked Questions
What is the significance of this share sale?
The transaction redistributes voting power within Televisa’s leadership, potentially strengthening internal governance without altering external ownership. It reflects ongoing efforts to adapt to regulatory scrutiny and media industry changes, such as the rise of streaming services.
Has the deal been finalized?
No, the closing is contingent on conditions, including antitrust approval from Mexico’s competition authority.
What is Emilio Azcárraga Jean’s net worth?
As of recent estimates, Azcárraga Jean’s net worth is approximately $1 billion, primarily from his holdings in Televisa and related ventures.