Simeon Tegel

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Televisa's CIE stake OK'd

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Mexican regulator the Federal Competition Commission (CFC) has greenlit media conglom Grupo Televisa's $107 million purchase of a 40% stake in Corporacion Interamericana de Entretenimiento (CIE)…

Marketplace

  • Biz

TV Azteca profit drops

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TV Azteca execs have blamed the weak peso for a 65% drop in net profit for the first quarter of 2003 to 75 million pesos ($7 million) compared with $20 million for the same period last year.

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