CONFORMED

                       Securities and Exchange Commission
                             Washington, D.C. 20549

                                    FORM 6-K

                            Report of Foreign Issuer
                        Pursuant To Rule 13a-16 or 15d-16
                     of The Securities Exchange Act of 1934

For the month of March, 2004                      Commission File Number 1-12090

                        GRUPO RADIO CENTRO, S.A. de C.V.
                 (Translation of Registrant's name into English)

                           Constituyentes 1154, Piso 7
                       Col. Lomas Altas, Mexico D.F. 11954
                          (Address of principal office)

      (Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)

(Check One) Form 20-F |X| Form 40-F |_|

      (Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)

(Check One) 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.

                                  Grupo Radio Centro, S.A. de C.V.
                                  (Registrant)

Date: March 3, 2004                  By: /s/ Pedro Beltran Nasr
                                         ------------------------------------
                                         Name:  Pedro Beltran Nasr
                                         Title: Chief Financial Officer


[LOGO] Grupo
       Radio
      Centro

Press Release

IR Contacts:

In Mexico:
Pedro Beltran / Alfredo Azpeitia.
Grupo Radio Centro, S.A. de C.V.
Tel: 5255-57-28-48 81 or
5255-57 28-49-11

Maria Barona
Melanie Carpenter
i-advize Corporate
Communications, Inc.
Tel: (212) 406-3690
Email: grc@i-advize.com

      [LOGO] RC
           Listed                                    [LOGO]
            NYSE                                   COTIZA EN
The New York Stock Exchange               BOL SA MEXICANA DE VAL ORES

                                                           For Immediate Release

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       GRUPO RADIO CENTRO WILL PRODUCE MONITOR NEWS PROGRAM MONITOR ITSELF
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Mexico City, March 3, 2004 - Grupo Radio Centro,  S.A. de C.V. (BMV:  RCENTRO-A,
NYSE:  RC) ("Grupo  Radio  Centro" or "the  Company"),  Mexico's  leading  radio
broadcasting  company,  announced today that has already discontinued its use of
the Infored-produced news program anchored by Mr. Gutierrez Vivo and produce the
Monitor  program  itself.  Although the Company cannot predict the effect of the
replacement  of  Mr.  Gutierrez  Vivo  on  the  program's   audience  share  and
advertising  revenue,  it believes that any resulting  reduction in  advertising
revenue will be more than offset by a reduction in programming costs.

Company Description:

Grupo  Radio  Centro owns and/or  operates  14 radio  stations,  11 of which are
located in Mexico City.  The Company's  principal  activities are the production
and broadcasting of musical and  entertainment  programs,  talk shows,  news and
special  events  programs.  Revenue  is  primarily  derived  from  the  sale  of
commercial  airtime.  The Company also  operates a radio  network,  Organizacion
Impulsora de Radio,  which acts as the national  sales  representative  for, and
provides programming to, Grupo Radio Centro-affiliated radio stations.

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Note on Forward Looking Statements:

This release may contain projections or other forward-looking statements related
to Grupo  Radio  Centro  that  involve  risks  and  uncertainties.  Readers  are
cautioned that these statements are only  predictions and may differ  materially
from actual  future  results or events.  Readers are  referred to the  documents
filed by Grupo  Radio  Centro with the United  States  Securities  and  Exchange
Commission,  specifically  the most recent filing on Form 20-F which  identifies
important  risk  factors  that could cause  actual  results to differ from those
contained in the forward-looking  statements. All forward-looking statements are
based on  information  available to Grupo Radio  Centro on the date hereof,  and
Grupo Radio Centro assumes no obligation to update such statements.
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