The sale of Telefe has been confirmed: who is the new owner of the channel

After weeks of rumors, Telefe officially confirmed its sale to a new business group. The news was announced this Thursday, October 23, on the channel's social media accounts.

The transaction involves the complete transfer of the share package that belonged to Paramount Global.

Telefe changes hands: the official announcement

In the statement published by the official accounts, the channel confirmed that businessman Gustavo Scaglione acquired all of Telefe's shares. "The acquisition of Telefe, a brand deeply rooted in Argentine cultural identity, marks the beginning of a new stage focused on growth and the integration of both organizations," stated the new owner.

The message also highlighted that the group's objective will be "to strengthen production and maximize the competitiveness of the new multiplatform ecosystem."

Who is Gustavo Scaglione

Scaglione, nicknamed "El Pulpo", is the head of Televisión Litoral S.A. (owner of Canal 3, Radio 2, FM Vida, and Rosario3).

In recent years, he expanded his presence beyond Santa Fe, with investments in channels in Salta, Tucumán, and Bahía Blanca.