TVMax is a commercial privately owned TV station in Panama City, Panama that is available all over the country.

It also received most of the series, sitcoms and reality shows from TVN, and acquired new ones.

TVMax came to be as a result of the auctioning of the frequencies formerly used by AFN station SCN TV, which broadcast in the Canal Zone and shut down due to the return of the control of the Panama Canal to the Panamanian government.

The auction failed,[1] prompting TVN to buy an adjacent frequency (channel 9) for the sum of over US$2 million on August 21, 2001.

The strategy had to be carefully analyzed due to factors such as the economic recession of the time and the saturation of the television market.