CRP Medios y Entretenimiento

CRP Medios y Entretenimiento

One of the largest Radio conglomerates in the country. It owns 9 radio stations, 6 websites and is engaged in unconventional advertising at public events that they organize. It originated in 1969 when Radiomar Plus was founded, a music station dedicated to salsa. Shortly thereafter, Abraham Zavala Falcón, the company's manager and DJ, became a majority shareholder. In 1998, Zavala and his sons founded a new company called Radiomar Producciones in order to group their new radios together. The following year they changed their name to Corporación Radial del Perú. By that time they already had four other stations: Ritmo Romántica, Stereo 100, Inca and Planeta. The company today is called CRP Medios y Entretenimiento S.A.C. and it also sell adverts on the internet as well as advertising non-conventional BTL at the events and concerts they organize. They have acquired new radio stations: Radio Moda (2000), La Inolvidable (2003), Nueva Q (2008) and Mágica (2010) The group has entertainment as its main objective, and that is why they do not own any news stations. Over time, the radio stations that belong to CRP are characterized by being oriented to a well defined music niche. It is the RPP Group’s main competition. At present, Abraham Zavala Chocano manages the company.

Key facts

Mother Company

CRP Medios y Entretenimiento S.A.C.

Business Form

Private

Legal Form

Private Limited Company

Business Sectors

Below The Line (BTL) Advertising

Ownership

Individual Owner

Abraham Zavala Falcón

Abraham Zavala Falcón. Chairman of the Board at CRP Medios y Entretenimiento. He became a majority shareholder at Radiomar S.A., a company founded in 1969 which gave rise to Radiomar, the first broadcaster in the group. In 1998, Zavala and his sons established a new company called Radiomar Producciones with a registered capital of 10.4million soles with which it started buying several radio stations. He is a member of the Sociedad Nacional de Radio y Televisión (National Society of Radio and Television), with which he is associated with the business union, Confiep. He was also chairman of the Comité de Radio (Radio Committee). In the social field, he has been a member and sits on the Board of Directors at the Asociación Nacional de criadores y propietarios de caballos peruanos (National Association of Peruvian horse breeders and owners), since 1996. Former chairman at Five Laces Corp, a corporation established in 2011 in Panama that appears on OpenCorporates.com. This company was dissolved in 2014. Minority shareholder of Unión de Cementos Peruanos (formerly Cementos Lima).

80%

Sergio Zavala Chocano

Sergio Zavala Chocano is product and corporate development manager at CRP Medios y Entretenimiento and Abraham Zavala Falcón’s son. He is in charge of doing market studies for the company. He is an agent at Interactive Content S.A.C. He was a director at Five Laces Corp, a corporation established in Panama that appears on OpenCorporates.com. The company was dissolved in 2014. Minority shareholder of Unión de Cementos Peruanos (former Cementos Lima).

10%
Media Outlets
Other Media Outlets

Other Radio Outlets

Radio Moda , Radiomar , Nueva Q , Ritmo Romántica , La Inolvidable , Radio Magica , Planeta , Radio Oasis , Radio Bienestar 1360 AM , Radio Inca

Other Online Outlets

www.Moda.pe, www.Radiomar.pe, www.RadionuevaQ.pe, www.Ritmoromantica.pe, www.Radiolainolvidable.com.pe, www.Oasis.pe, www.Planeta.pe, www..radiobienestar.pe , www.radiomagica.com.pe , www. radioinca.com.pe

Facts

Media Business

Medie companies

Corporación de Radiodifusión Americana S.A.C., Empresa Radiodifusora Tarjet S.A.C., Radio Renovación Cristiana 3.16 S.A.C., Radio y Television Omega S.A.

General Information

Founding Year

1998

Founder

Abraham Zavala Falcón, Abraham Zavala Chocano, Sergio Zavala Chocano

Affiliated Interests Founder

Abraham Zavala Falcón

Chairman of the Board at CRP Medios y Entretenimiento. He became a majority shareholder at Radiomar S.A., a company founded in 1969 which gave rise to Radiomar, the first broadcaster in the group. In 1998, Zavala and his sons established a new company called Radiomar Producciones with a registered capital of 10.4million soles with which it started buying several radio stations. He is a member of the Sociedad Nacional de Radio y Televisión (National Society of Radio and Television), with which he is associated with the business union, Confiep. He was also chairman of the Comité de Radio (Radio Committee). In the social field, he has been a member and sits on the Board of Directors at the Asociación Nacional de criadores y propietarios de caballos peruanos (National Association of Peruvian horse breeders and owners), since 1996. Former chairman at Five Laces Corp, a corporation established in 2011 in Panama that appears on OpenCorporates.com. This company was dissolved in 2014. Minority shareholder of Unión de Cementos Peruanos (formerly Cementos Lima).

Employees

CRP Medios y Entretenimiento S.A.C. : 222 trabajadores y 35 locadores de servicio.

Contact

Av. Justo Pastor Dávila 197, Chorrillos, Lima.

Teléfono: (511) 6176600.

Página web www.crp.pe

Tax/ ID Number

20382350368 RUC

Financial Information

Revenue (Financial Data/ Optional)

23.6 million $ (80.5 million soles) (2015)

Operating Profit (in Mill. $)

5.3 million $ (18.1 million soles) (2015)

Advertising (in % of total funding)

CRP Medios: 3.7 million $US (12.7 million Soles) (2015) Public contracts

Management

Executive Board + Interests Executive Board

Chairman of the Board

Abraham Zavala Falcón

Non-Executive Board + Interests Non-Executive Board

Operations Manager

Manuel Ignacio Soto Falcón. Operations Manager from April 2014. Shareholder of Dollar Rent a Car Perú.

Other Influential People + Interests Other Influential people

Martin Loayza Ormeño

Radio Programming Director of Ritmo Romántica

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Estimates of contracts of state advertising were made based on the information given by the Electronic System for Government Procurement (Sistema Electrónico de Contrataciones del Estado) in 2015.

Sources

CAVANAGH, Jonathan. Perú: The Top 10,000 Companies 2016. Publicado por: Top Publications S.A.C.

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