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Torneos y Competencias
Torneos y Competencias S.A. (TyC, also referred as Torneos) is an Argentine sports communications firm created by businessman Carlos Ávila, who has left the company. It is an important force in the world of Argentine sports, with interests in publications and radio and TV broadcasting. Its headquarters are in Buenos Aires. ==History and shareholders== TyC started its activities in the Argentine media in 1982, with a golf program. Since then it produced and aired successful programs in network television such as ''El deporte y el hombre'', ''Tenis de Primera'', ''Fútbol de Primera'' and ''La Magia de la NBA''; the most successful of them being the weekly ''Fútbol de Primera'', which summarizes each day of competition in the Argentine first division. TyC current shareholders are: DirecTV Latin America (33.2%), the former Chief Executive Officer of CableVisión (Argentina) Fred Vierra (26.53%), Luis Nofal Sports Holding SA (by Luis Nofal, 23.53%), and the American investment firm DLJ Merchant Banking Partners (16.7%).
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