TeleVisa, officially known as the Televisión Independiente, S.A. became the first privately owned television station to begin operations in Venezuela. It was the second television station to begin operations after the state-owned Televisora Nacional. In 1960, Televisa was purchased by Diego Cisneros and re-branded as Venevisión and became in business' Cisneros family.
Despite the two stations having the same name, the station isn't related in any form to the Mexican telecommunications and broadcasting company Televisa, as the name of Mexican media network stands for Televisión Vía Satélite.