Mexico

Kushner intervenes Mexican media landscape: operates in favor of Spanish giant Grupo Prisa

Trump's son-in-law, through Televisa executive Bernardo Gómez, moves his pieces to position the Spanish company in Mexico. The failed negotiations with the Mexican president.

The constellation of names and interests in the Radiópolis affair seems to have no end. In the last hours Bernardo Gómez, a senior executive of Televisa, the world's largest Spanish-language television network, has begun to maneuver with the Mexican government and the judiciary in favor of the Spanish giant Grupo Prisa, which has an open fight with Grupo Coral, which is controlled by Mexican businessman Miguel Alemán.

The most relevant fact is that Gómez, who is also part of the board of directors of Univision, says he is operating at the request of the senior advisor of the White House, Jared Kushner. Donald Trump's son-in-law is involved in this story at the request of investor Joseph Oughourlian, whose vulture fund Amber Capital holds the majority share in Prisa.

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Televisa CEO Gustavo de Angoitia (left), Emilio Azcarraga Jean, owner, and Bernardo Gómez.

Oughourlian and Kushner have known each other for years, when the investor entered the New York financial sector. They have a close relationship that expands into diverse industries and businesses.

Bernardo Gómez, on the other hand, has a lostanding enmity with Alemán which combines favorably with the request of his ally in DC.

Gómez is probably the closest Mexican businessman to Kushner, to the point that when the White House advisor visited Mexican President Andrés Manuel López Obrador the dinner between the two had to be organized at Gómez's residence.

Alemán, Amber's owner, has become a determining factor in Prisa's destiny, which became evident when he managed to secure the departure from the company of the editor of the Spanish newspaper El País, Juan Luis Cebrían.

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Days ago, Mexican journalist Darío Célis revealed a direct operation by the owner of Banco Santander, Ana Botín, with López Obrador in favor of Prisa's interests. The bank is a shareholder of the media conglomerate. The result of such action was negative.

The structural problem between Prisa and Alemán is that the Spanish company intends, without having shareholder control, to continue managing the editorial content of the Mexican radio network. The reality is that the operation does not prove to have been successful. W Radio, Prisa's flagship station, is far behind its competitors in the news sector, and something similar happens with their music stations. To make matters worse, the company's deficit is palpable.