Azteca America Network Reaches National Coverage Leading into 2005-2006 Upfronts
05 Mayo 2005 - 9:51PM
PR Newswire (US)
Azteca America Network Reaches National Coverage Leading into
2005-2006 Upfronts MEXICO CITY, May 5 /PRNewswire-FirstCall/ -- TV
Azteca, S.A. de C.V. (BMV: TVAZTCA; NYSE: TZA; Latibex: XTZA), one
of the two largest producers of Spanish language television
programming in the world, announced today that Azteca America, the
company's wholly-owned broadcasting network focused on the U.S.
Hispanic market, has reached national network coverage. "We are
thrilled to be able to present additional details of our coverage
advances to leading advertisers during our Upfront presentation on
May 16 in New York City," said Luis J. Echarte, President and CEO
of Azteca America. "Our expanded cable and satellite footprint --
including recent affiliates carriage agreements with Comcast, Time
Warner, Charter and Cox, as well as Dish and DirecTV -- is combined
with exciting programming news, which will bring unparalleled
advertising opportunities to current and potential national
clients. Our commitment to our viewers as well as clients is for
dynamic, long-term growth." TV Azteca noted it is committed to
present the most sought after Spanish-language content to US
Hispanic audiences, and to offer advertisers top quality
viewerships to optimize their marketing efforts. "We are now
strongly positioned to tap the US Hispanic market on a large
scale," said Mario San Roman, Chief Executive Officer of TV Azteca.
"There is a major opportunity to expand our business within a
market almost the size of Mexico's broadcast television industry,
with double-digit annual growth." "We are firmly focused on our
goal to achieve over 15% share of the US Hispanic market in the
medium term, and to generate solid profitability levels in the near
future," added Mr. San Roman. Company Profile Azteca America is the
fastest-growing Hispanic network in the United States and a fully
owned subsidiary of TV Azteca, S.A. de C.V. TV Azteca is one of the
two largest producers of Spanish language television programming in
the world, operating two national television networks in Mexico,
Azteca 13 and Azteca 7, through more than 300 owned and operated
stations across the country. TV Azteca affiliates also include
Todito.com, an Internet portal for North American Spanish speakers.
Except for historical information, the matters discussed in this
press release are forward-looking statements and are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those projected. Risks that may affect TV
Azteca and Azteca America Network are identified in its Form 20-F
and other filings with the US Securities and Exchange Commission.
DATASOURCE: TV Azteca, S.A. de C.V. CONTACT: Investor Relations:
Bruno Rangel, +5255-1720-9167, , or Media Relations: Daniel McCosh,
+5255-1720-0059, , both of TV Azteca, S.A. de C.V. Web site:
http://www.tvazteca.com.mx/
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