El Nueve

Canal 9 broadcasts current affairs content, apart from its three daily news shows. In recent years, the channel oscillated between the third and the fourth audience rating positions in the Metropolitan Area of Buenos Aires. In 2007 El Nueve was purchased by Grupo Albavisión, which owns a broad network of channels and radio stations in several Latin American countries. After the change of ownership, the channel started to broadcast eminently Latin American soap operas. In journalistic shows, its editorial line was favorable to the governments in office, just like the rest of the group’s channels owned by Mexican mogul Remigio Ángel “el Fantasma” González. However, after suffering a plunge in its audience ratings in 2018, El Nueve added live shows produced by the channel or by national production companies. That year, strong rumors circulated about “el Fantasma” leaving the media he controls in Argentina, always through Argentinian lawyer Carlos Eduardo Loréfice Lynch. In June, González González was replaced in the board of directors of all media-controlling companies, although his separation as shareholder was never confirmed. In October 2018, Telearte S.A. filed for preventive bankruptcy proceedings. Its authorities publicly acknowledged a fall in advertising revenue and warned about their struggle to pay salaries, up to the point of presenting a plan before the National Secretariat of Labor to strip their staff by 30% between 2018 and 2019.