No. 31 Televisa

Mexico City

Revenue: $2.16 billion

Loss: $82 million

With a 73% terrestrial TV audience share during the second quarter of 2001, Grupo Televisa’s biggest challenge is maintaining its dominance of the Mexican media market through new technology.

In the last year, Televisa launched Internet portal esmas.com (in May 2000) while consolidating its pay TV outfits, Mexico City cabler Cablevision and satcaster Sky Mexico.

Despite a rocky start, esmas.com is beginning to perform solidly, with more than 600,000 registered users and some 9 million hits a month.

Cablevision, 51% owned by Televisa, has 490,000 subscribers, including 67,000 to its digital service. Sky Mexico, 60% owned by Televisa, has 645,000 subscribers, some 73% of the national direct-to-home market.

Terrestrial broadcasting, the powerhouse of the group, accounting for 60% of 2000 sales, continues its hegemony over Mexican airwaves. After conceding audience share to rival TV Azteca, Televisa bounced back to 75% in 2000, an 8% increase over the previous year.

“Today, Grupo Televisa is a more efficient company,” boasts prexy and CEO Emilio Azcarraga Jean, signaling what he regards as his biggest achievement since taking over from his late father.

That three-year period of fat trimming appears to have left the group, once notorious for lavish spending, better prepared to weather the millennial economic downturn.

More Biz

  • Lionsgate CEO Jon Feltheimer

    Starz Nears Realignment: Why Lionsgate Won't Hire a CEO to Replace Chris Albrecht

    Nearly six months after Starz CEO Chris Albrecht exited in February, Lionsgate brass is moving closer to a revamp of the premium TV network’s executive structure. According to insiders, at least one thing is clear: Albrecht is not expected to be replaced as CEO. Instead, Lionsgate chief executive Jon Feltheimer is taking a more active [...]

  • Movie Ticket Subscriptions

    As MoviePass Fades, Theaters Fall In Love With Subscription Services

    MoviePass may be cratering, but movie theater subscriptions are here to stay. AMC and Cinemark already operate their own online ticketing services. And by the end of July, Regal Entertainment is expected to unveil a subscription plan for customers accustomed to getting all manner of entertainment for a monthly fee. With ticket sales down more [...]

  • John FordNPact Awards, Show, Los Angeles,

    John Ford to Exit as Head of Unscripted Producers Trade Association NPact

    John Ford has stepped down as general manager of NPact, the trade association that represents unscripted TV producers. Ford is exiting the post he’s held since 2015 because of the potential for conflicts of interest arising from his role as head of programming for digital multicast outlets Justice Network and Quest Network. The channels were [...]

  • Woodstock 50 Applies for Vernon Downs

    Woodstock 50 Applies for Vernon Downs Permit Yet Again

    For better or worse, Woodstock 50 isn’t giving up on Vernon Downs, despite being rejected twice already: The producers have applied for another permit to hold the festival at Vernon Downs, according to the Utica Observer Dispatch. Town Attorney Vincent Rossi confirmed the application was submitted Wednesday. This is the festival’s third application; previous applications [...]

  • Bert and Ernie

    Sally Field, Linda Ronstadt and 'Sesame Street' Among 2019 Kennedy Center Honorees

    Sally Field, Linda Ronstadt, “Sesame Street,” conductor Michael Tilson Thomas and R&B veterans Earth, Wind and Fire have been selected as the 2019 Kennedy Center Honorees. The kudos will be handed out Dec. 8 at the Kennedy Center Opera House in Washington, D.C. The award to “Sesame Street” marks the first time the prestigious laurel [...]

  • Jeffrey Epstein

    Jeffrey Epstein Denied Bail in Sex Trafficking Case

    Jeffrey Epstein, the high-living financier who partied and traveled with Hollywood stars and world leaders, has been denied bail. The multimillionaire businessman is accused of sexually abusing underage girls as young as 14 years old and collecting child pornography. Prosecutors argued successfully that Epstein’s wealth made him a serious flight risk. He faces up to [...]

  • AWAL Names Bianca Bhagat as Senior

    AWAL Names Bianca Bhagat as Senior VP, Synch & Brand Partnerships

    AWAL, Kobalt’s recorded music company, announced the hiring of Bianca Bhagat as senior vice president, synch & brand partnerships. Based in Los Angeles, she will oversee AWAL’s global synch & brand partnerships team, pursuing creative marketing opportunities for the AWAL roster, according to the announcement. Most recently with Glassnote, leading the Film and TV department [...]

More From Our Brands

Access exclusive content