Mexico: Court invalidates “Televisa law”

In a unanimous vote, Mexico’s Supreme Court invalidated part of a 2006 law that loosened restrictions on TV and radio broadcasters. As part of the court’s decision, magistrates ruled that granting twenty-year concessions was too long and that auctioning off broadcast licenses to the highest bidder offered unfair advantage to Mexican media conglomerates. (E.g. Televisa and TV Azteca).

According to one justice’s opinion:

“Why should we prefer colorful better-quality broadcasts at the cost of the monochromatic monopoly of the television companies?”

In the meantime, Televisa has slowly made inroads into the Chinese market by signing a deal with to produce Chinese versions of popular Televisa programs.

Sources (Spanish)- El Universal, Jornada

Sources (English)- Bloomberg, International Herald Tribune

Image- Montano