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Viacom (Argentina)

Viacom (Argentina)

Televisión Federal (Telefé) is the company that runs Canal 11 from Buenos Aires (with studios in Buenos Aires Metropolitan Area) and eight channels in the rest of Argentina: 8 from Córdoba, 5 from Rosario, 8 from Mar del Plata, 9 Bahía Blanca, 7 Neuquén, 11 from Salta, 13 from Santa Fe, 8 from Tucumán, and repeaters such as Canal 9 from Mendoza, Canal 11 from Formosa and Canal 13 from Río Cuarto.

It is the largest audiovisual production company in Argentina: it produces over 70% of its programming, a total of 5,100 hours of content a year.

Telefé also has an international division dedicated to selling formats and content all over the world, which is distributed as a paid content TV channel and has over 25 million subscribers in 22 countries.

Its content can be watched by streaming or on-demand on its web platforms. According to the company, it has about 21 million monthly streaming visualizations by 2.6 million monthly visitors.

Key facts

Mother Company

Atlántida Comunicaciones (VIACOM)

Business Form

Private

Legal Form

Joint stock corporation

Business Sectors

Copyrighted content use; film production

Ownership

Individual Owner

Sumner Redstone

Viacom is owned by American mogul Sumner Redstone, who, together with his family, owns 70% of stock of Viacom and CBS Corporation through the firm National Amusements. His daughter, Shari Redstone (Vice President of the board of directors of Viacom and CBS), is the next in line to lead her father’s business. Traditionally, the Redstones and their media were always open supporters of the US Democratic Party. Viacom is the fourth largest media conglomerate in the world and owns cinema studios, TV networks, paid TV channels, videogame companies, movie theater networks and theaters, among other businesses.

70%
Media Outlets
Other Media Outlets

Other TV Outlets

Canal 11 (Buenos Aires)

Other Online Outlets

telefe.com

Facts

Media Business

Television content production and distribution

Telefé

Film production and distribution

Telefé

Business

Film production and distribution

Telefé

Telefé Internacional

General Information

Founding Year

1989

Affiliated Interests Founder

Televisoras Provinciales SA

It comprised Dicor Difusión Córdoba SA (Canal 8); Radiodifusora de Rosario Rader SA (Canal 5); Neuquén TVSA (Canal 7); Radio Visión Jujuy; Emisora Arenales de Radiodifusión SA (Canal 8 from Mar del Plata); Televisora Tucumana Color SA (Canal 8); Telenueva SA (Canal 9 from Bahía Blanca); Cuyo Televisión SA (Canal 9 from Mendoza); Compañía de Radio y Televisión del Noreste SA (Canal 11 from Salta) and Televisora Santafesina SA (Canal 13 from Santa Fe), and it owned 30% of Telefé. Its shareholders were Editorial Atlántida, Avelino Porto, Luis Zanón and Grupo Soldatti.

Employees

1.8

Contact

Prilidiano Pueyrredon 2989 Piso 2 (1640), Martinez, Buenos Aires (Argentina)

Tax/ ID Number

30-63652916-4

Financial Information

Revenue (Financial Data/ Optional)

USD 200 million (2016)

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data

Management

Executive Board

Paula Fernanda Guerra

President

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Number of employees in Telefé: between 1,700 and 1,800 (Source: Nosis)
Yearly revenue in 2016: number released to the press by Viacom authorities when Telefé network was purchased (see https://www.hollywoodreporter.com/news/viacom-acquires-argentine-tv-network-telefe-345m-947411)
Information about Telefé Internacional and website visits was obtained from the reports presented by Viacom before the SEC in 2018, available at https://ir.viacom.com/static-files/6255f82b-b25c-4234-bc7f-2e731dc3fd66

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