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24-521: The Arena Monterrey is owned by Publimax S.A. de C.V. ( TV Azteca Northeast), part of the Avalanz Group, who owns 80% and by TV Azteca who owns 20%. The arena is 45,000 m (480,000 square feet) in size. The project of the arena started in 1989 when the Asociación para el Fomento de Deporte y Recreación A.C, led by the businessmen Jorge Lankenau and Hernan Garza presented the project to

48-603: A deal with the 5% owner of the concessionaire allowed Azteca to buy the remainder of the station and retake control of XHTVM, under the name Proyecto 40, in 2006. On March 7, 2011, TV Azteca changed its name to Azteca , reflecting its growth into a multimedia company. However, in May 2016, the TV Azteca name was restored. TV Azteca is the second largest mass media company in México after Televisa. These two big organizations control

72-520: A group controlled by Ricardo Salinas Pliego , was the winner of the auction to acquire the "state-owned media package", which also included Imevisión's studios in the Ajusco area of Mexico City. The winning bid amounted to US$ 645 million. The new group soon took on the Televisión Azteca name for the entire operation and soon challenged Televisa, turning what had been a television monopoly into

96-461: A higher cost to subscribers. After a nine-month absence, TV Azteca returned gradually to cable operators. In August 2018, American Tower 's Mexican Unit, MATC Infraestructura sued TV Azteca for $ 97 Million in a New York court for defaulting on a loan from the company. TV Azteca is part of the conglomerate Grupo Salinas , which includes the Grupo Elektra franchise of department stores,

120-529: A multimillion-dollar debt fraud committed by TV Azteca and another company in which they held stock. The charges were among the first brought under the provisions of the Sarbanes-Oxley Act of 2002, introduced in the wake of the corporate financial scandals of that year. The Federal Radio and Television Law (known as the Ley Televisa) was a bill concerning the licensing and regulation of

144-483: A provision that allows broadcasting licenses to be renewed more or less automatically". In February 2012, TV Azteca networks ( Azteca 7 , Azteca 13 , and Proyecto 40 ) were dropped by Mexican cable-TV carriers representing more than 4 million subscribers in a carriage dispute over terms. Cable operators claimed that Azteca wanted to charge a fee by packaging its over-the-air stations with cable networks, such as news and soap opera channels, which potentially represented

168-560: A television duopoly. The two conglomerates held 97 percent of the commercial television concessions in the country. In 1998, TV Azteca announced an investment of US$ 25 million in XHTVM-TV , which was owned by Javier Moreno Valle through concessionaire Televisora del Valle de México, S.A. de C.V. Under the deal, Azteca restructured TVM and took control of ad sales and most programming duties, while Moreno Valle's CNI news service retained some primetime space. However, in 2000, Moreno Valle broke

192-510: Is another company which also serves the government however to a much lesser extent than Televisa. TV Azteca also receives lucrative contracts from the Mexican government, and therefore the information that emits is also controlled by the actual government. The news that is normally emitted by TV Azteca is 25% news bulletins that come from advertising, and infotainment relying on celebrities and biased editorials. On March 21, 2023, creditors for

216-568: Is part of the Trans-Mexican Volcanic Belt which crosses central Mexico and contains the country's highest peaks. Parts of this range account for about half of the area of the Mexican Federal District , the rest of which is occupied by Mexico City. The area is important for conservation of local ecosystems. In its oak, pine and fir forests there are unique endemic species like the teporingo rabbit and

240-633: The 1994 economic crisis in Mexico , in May 1995 the project suffered a slowdown in the construction industry and finally came to a complete halt by 1996, due to the lack of economic resources. In April 2001, the Government of the State of Nuevo León invited 11 groups of investors to discuss the possibilities of restarting the construction of the arena. On June 1, 2001, the government announced that there were only five groups of investors willing to take over

264-606: The Azteca América network in the United States . Its flagship program is the newscast Hechos . In the early 1990s, the presidency of Carlos Salinas de Gortari privatized many government assets. Among them was the Instituto Mexicano de la Televisión, known as Imevisión , which owned two national television networks (Red Nacional 7 and Red Nacional 13) and three local TV stations. In preparation for

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288-472: The Banco Azteca bank, and Seguros Azteca life insurance. TV Azteca also owns Liga MX soccer club, Monarcas Morelia . The network has set up an acting school, Centro de Estudios y Formación Actoral (CEFAT). Alumni include Iliana Fox , Luis Ernesto Franco , Adriana Louvier , Fran Meric , Bárbara Mori , Laura Palma and Adrián Rubio . The network also owns a record label, Azteca Music, which

312-545: The volcano mouse . The area around the peak is a popular destination for residents of Mexico City and tourists, with activities such mountain biking, horseback riding, motorcycling, hiking and climbing. The area is one of the few around Mexico City where it may snow in the winter. This mountain offers views over the Valley of Mexico (weather and pollution permitting), including the city and its skyscrapers, Popocatepetl , Iztaccihuatl and Nevado de Toluca volcanoes, and parts of

336-539: The 97% of mass media in Mexico. TV Azteca was funded in 1993 by Ricardo Salinas Pliego. TV Azteca has 31% of the 465 television concessions in México. The auction of the state channels and the granting of further concessions to TV Azteca further strengthen their connection. It also owns Azteca banks, Azteca insurance, Iusacell, programing pay television, cinemas, live theater, news channels, newspapers, Azteca music, an acting school, Azteca consumer products, Azteca internet, Azteca series, Azteca sports, stadiums, etc. TV Azteca

360-681: The company pushed the company into an involuntary Chapter 11 bankruptcy petition in the U.S. However, on April 26, TV Azteca asked the New York bankruptcy judge to dismiss its Chapter 11 case due to it being pointless to start reorganization proceedings for the company anywhere but Mexico. On June 1, 2023, TV Azteca was suspended from the Mexico Stock Exchange. On 5 January 2005, the U.S. Securities and Exchange Commission (SEC) accused TV Azteca executives (including chairman Ricardo Salinas Pliego ) of having personally profited from

384-575: The contract with Azteca, alleging Azteca of filling up time allotted to CNI and not fulfilling the obligations in the contract. In December 2002, Azteca used private security guards to retake control of the XHTVM facilities on Cerro del Chiquihuite in Mexico City. However, the Mexican government stepped into the dispute and forced Azteca to relinquish control of XHTVM. In 2005, an employee strike that crippled CNI, Moreno Valle's mounting legal troubles, and

408-420: The debt and finish up the project and 2 weeks later, Publimax S.A. de C.V. was announced winner of the contest because it was the group with the most money eager to invest in the project (US$ 50 million). Before the construction was restarted, Hernán Garza accused the government of illegally revoking the concession that was given to him to build and finish the project. The government revoked the concession because of

432-482: The electromagnetic spectrum. The LFRT was favorable to both TV Azteca and Televisa (who together control 95 percent of all television frequencies) because it allowed them to renew their licenses without paying for them. According to The Economist , the Ley Federal de Radio y Televisión "raced through Congress confirming the country's longstanding television duopoly" and constituted a "giveaway of radio spectrum and

456-597: The flow from all of the remaining strong springs in the area adjacent to the peak are captured to augment Mexico City's water supply. Ajusco is a lava dome complex of Pliocene - Pleistocene age, surrounded by block and ash flow deposits. Ajusco is part of the mountain chain of volcanic origin known as Sierra de Ajusco-Chichinauhtzin , among which Xitle (3,128 m or 10,262 ft), Tláloc (3,690 m or 12,106 ft), Pelado (3,620 m or 11,877 ft), Cuautzin (3,510 m or 11,516 ft) and Chichinautzin (3,470 m or 11,385 ft) stand out. This range

480-480: The halt of the project in 1995, but Garza alleged that the economic crisis obliged him to stop it for some time. This, among other problems such as the government delay in giving full control of the arena and Publimax rejecting any investment until control was fully given (which happened in July 2002), caused the project to restart by the end of 2002 with an estimated finish date by the first trimester of 2004. However, by

504-971: The last trimester of 2003, the project was almost completed and the first event in the arena took place on Thursday November 27, 2003, with a concert performed by Mexican singer-songwriter Juan Gabriel . TV Azteca Televisión Azteca, S.A.B. de C.V. , commonly known as TV Azteca , is a Mexican multimedia conglomerate owned by Grupo Salinas . It is the second-largest mass media company in Mexico after Televisa . It primarily competes with Televisa as well as some local operators. It owns two national television networks, Azteca Uno and Azteca 7 , and operates two other nationally distributed services, adn40 and A Más+ . All three of these networks have transmitters in most major and minor cities. TV Azteca also operates Azteca Trece Internacional , reaching 13 countries in Central and South America , and formerly part of

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528-530: The privatization, the Imevisión stations were parceled into a variety of newly created companies, the largest of which was named Televisión Azteca, S.A. de C.V. With the exception of Canal 22 , which was spun off to Conaculta , one bidder won all of the stations. On July 18, 1993, Mexico's Finance Ministry, the Secretaría de Hacienda y Crédito Público (SHCP), announced that Radio Televisora del Centro,

552-459: The then president Carlos Salinas . The project gained support from the Government of the State of Nuevo León who gave the land for the arena to be constructed within the limits of Fundidora Park . The arena was originally planned to begin construction in May 1992, and finished by 1993, but the construction actually started in January 1994, and was planned to be finished by 1996. However, due to

576-529: Was founded in 1996. Ajusco Ajusco is a 3,930 m (12,894 ft) lava dome volcano located just south of Mexico City , Mexico, in the Tlalpan borough of the city. It is the highest point in the city. Ajusco is a Náhuatl word variously translated as "source of waters" or "watered grove", and the Lerma River and Balsas River draw some of their source waters from this area. Also,

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