Ownership and programming
In November 2024, Grupo América announced changes to its ownership structure. Gustavo Scaglione, owner of Grupo Televisión Litoral, bought out shares from Gabriel Hochbaum. Grupo Televisión Litoral owns multiple media outlets in Santa Fe and other provinces of Argentina, expanding Grupo América’s regional presence. In 2024, Juan Cruz Ávila was appointed as the new CEO of Grupo América. Later in the year, the company announced programming modifications for its news channel A24. Several journalists from competing networks LN+ and TN joined the group. From LN came Eduardo Feinmann, Antonio Laje, Luis Novaresio, Esteban Trebucq, and Pablo Rossi. From TN was Nicolás Wiñazki, Sergio Lapegüe, and Santiago Fioriti.Products
The media owned are the following:Newspapers
AM/FM radios
Television
Free-to-air television
Cable television
Digital newspapers
Financials
Grupo América reported a decline in revenue in the fourth quarter of 2024, reflecting broader economic conditions in Argentina. According to financial statements, net sales decreased by 19.3% compared to the same period in 2023. Sales outside of Argentina increased by 7.5%, highlighting a contrast between domestic and international market performance. Despite economic challenges, Grupo América has expanded its holdings in recent years. In 2021, the company acquired Edenor, Argentina’s largest electricity distributor, marking an expansion into the utilities sector. It also bought the economic newspaper ''El Cronista'', expanding its presence in financial journalism.Suspicions of corruption
The media group, like their owners and the businesses they share among them, he has been repeatedly denounced for fraud and money laundering, as well as unfair dismissals.Notes
References
External links
* {{DEFAULTSORT:Grupo América Mass media companies of Argentina Mass media companies established in 1983 Conglomerate companies of Argentina