TV Azteca Stands Behind Right to Demand Contract Fulfillment from Tacher and Nostromo

TV Azteca Stands Behind Right to Demand Contract Fulfillment from Tacher and Nostromo

-Judge Ordered Injunction for Stoppage of Nostromo Production in the Presence of Mexico City Authorities, a Common Practice in Such Cases in Both the U.S. and Mexico-

-Telemundo Was Well Aware of Contractual Situation-

MEXICO CITY, Oct. 3 /PRNewswire/ -- Mexican broadcaster TV Azteca has ongoing legal proceedings against former show host Alan Tacher and producer Nostromo for breach of contract. The company reiterates that its decision to demand contract fulfillment from Mr. Tacher and Nostromo is well within its legal rights and includes an obligation to protect its intellectual property and other rights.

Telemundo was aware of Tacher and Nostromo's contractual obligations as detailed in a July 28 letter from TV Azteca that was delivered to Telemundo. However, TV Azteca noted that these proceedings are not against Telemundo.

Don Browne, president of Telemundo, confirmed the TV Azteca position that there is no conflict between the companies during a recent press conference in Mexico.

As a result of the lawsuit, a Mexico City judge ordered a temporary injunction relief to stop Nostromo's production at the rented public studio Foros Ajusco. The process, a common practice in both U.S. and Mexico, was conducted in a peaceful manner by the public authorities and in the presence of legal teams representing Nostromo, Foros Ajusco and TV Azteca.

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 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. Other risks that may affect TV Azteca and its subsidiaries are identified in documents sent to securities authorities.

Contacts:

Tristan Canales
011 52 (55) 1720 1441
tcanales@gruposalinas.com.mx

Daniel McCosh
011 52 (55) 1720 0059
dmccosh@tvazteca.com.mx

Source: TV Azteca, S.A. de C.V.

CONTACT: Tristan Canales, Grupo Salinas, +011-52-55-1720-1441, or
tcanales@gruposalinas.com.mx, or Daniel McCosh, TV Azteca,
+011-52-55-1720-0059, or dmccosh@tvazteca.com.mx

Web site: http://www.tvazteca.com.mx/

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