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Mexican broadcaster Televisa plans to merge its satellite TV unit Sky with its cable TV and internet service Izzi as soon as possible, the head of the new unit, Francisco Valim, said on Friday.
Mexican broadcaster Televisa said on Wednesday it reached an agreement with AT&T for its stake in satellite TV unit Sky Mexico, giving Televisa full control of the firm.
Mexican broadcaster Televisa said on Wednesday it reached an agreement with AT&T for its stake in satellite TV unit Sky Mexico, giving Televisa full control of the firm.
Grupo Televisa is an undervalued media company with a diverse business model and high barriers to entry. The company focuses on producing Spanish-speaking content and has a large global audience and reach. The cable and Sky segments make up a significant portion of Grupo Televisa's revenue, while other businesses have been spun off into Ollamani.
Mexico's largest broadcaster Televisa on Thursday posted a net loss in the fourth quarter of 8.662 billion, compared to a net loss of 12.189 billion pesos in the same quarter a year earlier.
Grupo Televisa, S.A.B. (NYSE:TV ) Q3 2023 Earnings Call Transcript October 27, 2023 10:00 AM ET Company Participants Alfonso de Angoitia - Co-CEO Francisco Valim - CEO of Cable Luis Malvido - CEO, Sky Wade Davis - CEO of Televisa-Univision Conference Call Participants Fred Mendes - Bank of America Vitor Tomita - Goldman Sachs Cesar Medina - Morgan Stanley Carlos Legarreta - Itau Marcelo Santos ...
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