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Televisa Group, Emilio Azcárraga, had significant results in the third quarter of the year, supported by sales growth of 10.5% or 25.033 million pesos, where World Cup revenues amounted to 593 million pesos; as regards the record of 22 663 million pesos for the same period in 2017.
The rebound in revenues is due to growth in sales in the content and cable segment. The operating cash flow (EBITDA) reached 9 380 million pesos, up 13.20%, against 8 287 million pesos reported for the same period last year.
According to its quarterly report, Televisa wants to continue expanding its pay-TV business, increasing international program sales and strengthening its position in the US Hispanic market.
In fact, Cable's operating segment sales and earnings posted double-digit growth of 10.8% and 10.9%, respectively. Sky achieved a profit margin of 47.5% of the operating segment and 51 thousand subscribers in Blue Telecomm.
ANSWERED. Televisa has announced its new content offering, expanding its scripted programming to new formats and genres, reviving its sports brand and continuing the technological transformation of its information division. The event was held at San Ángel Studios and was chaired by Emilio Azcárraga, Executive Chairman of the Board of Grupo Televisa, and by Bernardo Gómez and Alfonso de Angoitia, Co-Chairs of Grupo Televisa. The elected President of Mexico, Andrés Manuel López Obrador, was one of the special guests.
Patricio Wills, President of Televisa Studios, presented a wide range of new formats, stories and genres, ranging from science fiction to contemporary literature to contemporary television-adapted literature. Wills highlighted the scheduled production of the famous Spanish writer and writer Arturo Pérez-Reverte, "El Último Dragón", which will be a very ambitious production for open television, with scenes shot in Mexico, Spain, the United States and in Japan.
CALL. Given the challenges and challenges of commercial openness, the entrepreneur Juan Cortina Gallardo He called on the member countries of the Latin American Business Council (CEAL) to: "today more than ever", should strengthen integration and seek new horizons, beyond the Agreement between Mexico, the United States and Canada. In the framework of the XXIX Plenary Assembly of CEAL, stressed that the countries will have to bet on the change, take advantage of the opportunities and to adapt to the economic models of the new realities, which will be able to be reached only by the. integration, as it will strengthen the area to increase merchandise trade and will result in a strong boost for the Los Angeles economies.
PRICE. Ricardo Salinas Pliego, led the 13th Grupo Salinas Way of Liberty Trial Contest, as part of a genuine commitment to strengthening and promoting freedom in Mexico. In this case, he recognized the doctor's career Armando Ribas with the prize "A life for freedom" for his defense of liberal ideas and his passion for disseminating them.
Twitter: @abritoj
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