MEXICO CITY, Nov. 23 /PRNewswire-FirstCall/ -- TV Azteca, S.A. de C.V. (BMV: TVAZTCA; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world, announced today the groundbreaking of the most modern dramatic television studio in Latin America, an event led by Grupo Salinas Founder and Chairman Ricardo Salinas. The celebration was joined by actors, executives, producers and other TV Azteca personnel.
TV Azteca is proud to present today the project of new Azteca Novelas facilities, which will allow the production of improved dramatic series of high quality with increased efficiency that will imply cost savings.
This innovative development includes the creation of seven new studios with a total area of more than 5,700 m(2), the only one of its kind in Latin America. The largest of the studios will be 1,150 m(2) for producing musical events such as the "La Academia" musical reality concerts. The new studios are specifically designed for producing in high definition, with the high production standards of TV Azteca in a design that takes full advantage of every square meter.
Always a step ahead, TV Azteca once again sets the standard for novela production with cutting edge technology.
Company Profile
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 include Azteca America Network, a new broadcast television network focused on the rapidly growing U.S. Hispanic market, and Azteca Web, an Internet company for North American Spanish speakers.
TV Azteca is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic, fast growing, and technologically advanced companies focused on creating shareholder value and improving society through excellence. Created by Mexican entrepreneur Ricardo B. Salinas, Grupo Salinas operates as a management development and decision forum for the top leaders of member companies.
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. Other risks that may affect TV Azteca and its subsidiaries are identified in documents sent to securities authorities.
SOURCE TV Azteca, S.A. de C.V.
