Profile: Grupo Televisa SAB (TV)

TV on New York Consolidated

38.13USD
1 Jun 2015
Change (% chg)

-- (--)
Prev Close
$38.13
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,380,631
52-wk High
$38.28
52-wk Low
$31.13

Search Stocks

Grupo Televisa, S.A.B., incorporated on December 19, 1990, is a media company. The Company operates broadcast channels in Mexico and complement its network coverage through affiliated stations. As of December 31, 2009, the Company’s broadcast television channels had an average sign-on to sign-off audience share of 70.8%. The Company produces pay television channels with national and international feeds, which reach subscribers throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks worldwide. As of December 31, 2009, the Company had exported 65,449 hours of programming to approximately 57 countries.

The Company owns 58.7% of Sky, a DTH satellite television provider in Mexico, Central America and the Dominican Republic. It is also a shareholder in three Mexican cable companies, Cablevision, Cablemas and TVI. The Company owns 51% of Cablevision, 50% of TVI and 58.3% of Cablemas. The Company also owns Esmas.com, a digital entertainment Web portal in Latin America, a gaming business, which includes bingo parlors, a 50% stake in a radio company that as of December 31, 2009 reached 75% of the Mexican territory, a feature film production and distribution company, soccer teams and a stadium in Mexico. The Company also owns an unconsolidated equity stake in La Sexta, a free-to-air television channel in Spain, and in OCESA, a live entertainment company in Mexico.

Television

The Company owns and operates four of the 10 television stations in Mexico City. These stations are affiliated with 219 repeater stations and 33 local stations outside of Mexico City. It also owns an English-language television station in Mexico on the California border. The Company produces a variety of programs, including telenovelas, newscasts, situation comedies, game shows, reality shows, children’s programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its telenovelas are broadcast either dubbed or subtitled in a variety of languages throughout the world. Its programming also includes broadcasts of special events and sports events in Mexico promoted by the Company and others. Among the sports events that the Company broadcasts are soccer games and professional wrestling matches.

During the year ended December 31, 2009, the Company broadcasted the 2009 Confederations Cup, the 2009 FIFA Beach Soccer World Cup, the 2009 CONCACAF Gold Cup, the 2009 FIFA Under-17 World Cup and the 2009 FIFA Under-20 World Cup. The Company also operate 18 equipped remote control units. Some of its local television stations also produce their own programming. These local stations operate 41 studios and 35 equipped remote control units. The Company licenses and broadcasts television programs produced by third parties outside Mexico. Most of this foreign programming is from the United States and includes television series, movies and sports events, including coverage of Major League Baseball games and National Football League games.

The Company operates Centro de Educacion Artistica, a school in Mexico City, to develop and train actors and technicians. It provides instruction free of charge, and a substantial number of the actors appearing on its programs have attended the school. It also promotes writers and directors through a writers’ school, as well as various contests and scholarships. There are 33 local television stations affiliated with the Company’s networks, of which 18 stations are wholly owned, one station is minority owned and 14 stations are independent affiliated stations. The Company owns XETV, a Tijuana based television station, which operates under a concession from the SCT from Mexico (The Border Station) on the Mexico/United States border that broadcasts English-language programs pursuant to a permit granted by The Ministry of The Interior.

The Company produce or license a suite of Spanish and English-language television channels for pay-TV systems in Mexico, Latin America, the Caribbean, Asia, Europe, the United States, Canada and Australia. These channels include programming, such as general entertainment, telenovelas, movies and music-related shows, interviews and videos. uTv, which operates and distributes a suite of Spanish-language television channels in the United States, distributes five cable channels, including two movie channels and three channels featuring music videos, celebrity lifestyle and interviews and entertainment news programming. The Company licenses its programs and its rights to programs produced by other television broadcasters and pay-TV providers in the United States, Canada, Latin America, Asia, Europe and Africa.

Publishing

The Company’s publications in Mexico include a weekly entertainment and telenovelas magazine, TV y Novelas, Vanidades, a bi-weekly magazine for women; Caras, a monthly lifestyle and socialite magazine; Eres, a bi-weekly magazine for teenagers; Conozca Mas, a monthly science and culture magazine, and Furia Musical, a bi-weekly musical magazine that promotes principally Banda and Onda Grupera music performers. Its other main publications in Latin America and the United States include Vanidades, TV y Novelas U.S.A. and Caras.

The Company publishes the Spanish-language edition of several magazines, including Cosmopolitan, Good Housekeeping, Harper’s Bazaar, Seventeen and Popular Mechanics through a joint venture with Hearst Communications, Inc.; PC Magazine, pursuant to a license agreement with Ziff-Davis Media, Inc.; Maxim, pursuant to a license agreement with Alpha Media Group, Inc.; Marie Claire, pursuant to a license agreement with Marie Claire Album; Men’s Health and Prevention, Women’s Health, Runner’s World, pursuant to a license agreement with Rodale Press, Inc.; Sport Life and Automovil Panamericano, as well as other special editions of automotive magazines, through a joint venture with Motorpress Iberica, S.A.; Muy Interesante and Padres e Hijos pursuant to a joint venture with GyJ España Ediciones, S.L.C. en C., and Disney Princesas, Disney Winnie Pooh, Disney Hadas, Power Rangers and Playhouse Disney, pursuant to a license agreement with Disney Consumer Products Latin America, Inc. The Company also publishes a Spanish-language edition of National Geographic, National Geographic Traveler and of National Geographic Kids in Latin America and in the United States through a licensing agreement with National Geographic Society.

Cable and Telecom

The Company owns a 51% interest in Cablevision, which provides cable television services to subscribers in Mexico City and surrounding areas. As of December 31, 2009, Cablevision had over 632,061 cable television subscribers, all of which were digital subscribers. Cablevisin is a multi-system operator in Mexico to offer an on-screen interactive programming guide, video on demand, high-definition channels, as well as Motorola and TiVo DVR services throughout Mexico City. Along with its digital cable service, Cablevision also offers high-speed Internet and a digital telephone service in a 100% bundled portfolio. Cablevision offers its Video-On-Demand platform, as well as 21 pay-per-view cable television channels in each of its digital service packages.

Cablemas

As of May 2009, the Company owned 58.3% of the capital stock and 49% of the voting stock of Cablemás. Cablemas operates in 49 cities. As of December 31, 2009, the Cablemás cable network served more than 912,825 cable television subscribers, 289,006 high-speed Internet subscribers and 146,406 Internet protocol (IP)-telephony lines, with approximately 2.73 homes passed. As of December 31, 2009 Cablemas’ cable network consisted of 16,584 kilometers of cable.

Other Businesses

The Company distributes approximately 50% of the magazines circulated in Mexico through its subsidiary, Distribuidora Intermex, S.A. de C.V. (Intermex). The Company also owns publishing distribution operations in six countries. Its publications are also sold in the United States, the Caribbean and elsewhere through independent distributors. TIM is the Company’s online and wireless content division. This venture includes Esmas, its Spanish-language horizontal Internet portal; Esmas Movil, its mobile service unit, and Tvolucion.com, Televisa’s online video on demand streaming service. TIM leverages Televisa’s and third party extensive Spanish-language content, including news, sports, business, music and entertainment, editorials, life and style, technology, health, kids and an opinion survey channel, and offers a variety of services, including search engines, chat forums and news bulletins.

The Company promotes a variety of sports events and cultural, musical and other entertainment productions in Mexico. Most of these events and productions are broadcast on its television stations, cable television system, radio stations and direct-to-home satellite services. The Company promotes a variety of concerts and other shows, including beauty pageants, song festivals and nightclub shows of Mexican and international artists.

The Company competes with TV Azteca, Televisora del Valle de Mexico, Innova, Dish Mexico, Grupo Radio Centro, S.A. de C.V., Grupo Acir, CIE and Grupo Caliente.

Company Address

Grupo Televisa SAB

Av. Vasco de Quiroga No. 2000
Col. Santa Fe Delegacion Alvaro
MEXICO, D.F.     01210
P: +5255.52612433
F: +5255.52612465

Company Web Links

Search Stocks