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Mexico to open first-ever bidding for TV networks

March 8, 2014
Times-Republican

MEXICO CITY - Mexican regulators hit the country's main television network with a double punch on Friday, declaring Televisa a "preponderant" market player and slapping restrictions on the company, which bills itself as the largest media outlet in the Spanish-speaking world. Regulators also approved plans to open bidding for two new nationwide TV channels, to foment more competition in an industry where the Televisa network holds about 70 percent of non-cable viewership.

 
 

 

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