* Profit up almost 31 percent to over 1.8 billion pesos
* Revenue rises 6.4 percent to 18.1 billion pesos
MEXICO CITY, July 8 Mexican media company Grupo
Televisa, the world's biggest producer of Spanish-language
content, said on Monday lower financing costs helped boost its
second-quarter net profit nearly 31 percent from the same
Televisa reported a net profit of 1.826 billion pesos ($141
million) compared to 1.396 billion pesos in the year-earlier
quarter. Revenue rose 6.4 percent to nearly 18.1 billion pesos.
Televisa's investment costs soared in the second-quarter of
2012 due to its acquisition of 50 percent of cellphone company
Iusacell from Grupo Salinas, which controls Mexico's No. 2
broadcaster TV Azteca.
Financing costs in the second quarter fell by 963 million
pesos compared to the same period last year to under 1.2 billion
Televisa shares are down nearly 9 percent so far this year
after lawmakers passed a law that seeks to increase competition
in the television market. Analysts warn the stock could face
further pressure as a more powerful regulator comes into office.