FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2004
Commission File Number 3337776
TV Azteca, S.A. de C.V.
(Translation of registrant's name into English)
Periferico Sur, No. 4121, Col. Fuentes del Pedregal, 14141 Mexico D.F., Mexico
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ____
NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ____
NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule
12g3-2(b): 82- ________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TV AZTECA, S.A. DE C.V.
(Registrant)
Date: January 8, 2004
By: /S/ OTHON FRIAS CALDERON
---------------------------
Name: Othon Frias Calderon
Title: Attorney-in-fact
[TV AZTECA LOGO]
SPECIAL COMMITTEE OF INDEPENDENT BOARD MEMBERS
APPOINTS US LAW FIRM TO REVIEW OPINION DIFFERENCES
ON DISCLOSURES RELATED TO UNEFON DEBT
FOR IMMEDIATE RELEASE
---------------------
MEXICO CITY, JANUARY 7, 2004--TV Azteca, S.A. de C.V. (NYSE: TZA; BMV:
TVAZTCA), one of the two largest producers of Spanish language television
programming in the world, announced today that the entirety of its independent
board members has formed a special committee to review and make recommendations
regarding differences in opinion concerning disclosures related to Unefon, in
compliance with the Sarbanes-Oxley Act.
The committee will act in total independence from TV Azteca's
management, and will be chaired by James Jones, a distinguished independent
board member of TV Azteca since 2000.
Following several meetings during the last two weeks to select counsel,
the committee has informed the rest of the board and management that they have
unanimously agreed to retain the Los Angeles firm of Munger, Tolles and Olson as
the independent legal counsel to this committee. Munger, Tolles and Olson is a
highly regarded corporate law firm with special experience in corporate
investigations and US securities law matters. The committee has also informed
that the engaged firm will initiate its review immediately.
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 US
Hispanic market, and Todito.com, 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. RISKS THAT MAY
AFFECT TV AZTECA ARE IDENTIFIED IN ITS FORM 20-F AND OTHER FILINGS WITH THE US
SECURITIES AND EXCHANGE COMMISSION.
INVESTOR RELATIONS:
Bruno Rangel Omar Avila
5255 3099 9167 5255 3099 0041
jrangelk@tvazteca.com.mx oavila@tvazteca.com.mx
MEDIA RELATIONS:
Tristan Canales Daniel McCosh
5255 3099 5786 5255 3099 0059
tcanales@tvazteca.com.mx dmccosh@tvazteca.com.mx