You will be redirected back to your article in seconds

Televisa Profits Jump in Expanding Market

Mexico City-based Televisa, the world’s top producer of Spanish-language content, posted a 70.2% jump in profits in the first quarter of 2015 over the same period in 2014 to $95 million on explosive growth with its telco segment tied into an ever-expanding market share for its satcaster and cabler biz.

Televisa is also set to make a number of key appointments at its upcoming April 29 board meeting.

The network is expected to bring Jon Feltheimer, chairman-CEO of its film and TV production partner Lionsgate, to the board. It recently announced that Discovery CEO David Zaslav would be joining, as well as Liberty Global president and CEO Michael T. Fries.

Televisa’s total sales for the quarter rose 17.3% year-to-year to nearly $1.3 billion for the period. The company’s bottom line was bolstered by the $67.6 million in revenue sharing from U.S. network Univision, offsetting nearly $650 million lost with a robust dollar and weakening peso in the first three months of the year – an approximate 3.3% depreciation over the quarter for the peso.

Feevee ad payouts jumped 10% year-on-year for the Mexican media titan, with network subscription revenue up 19.4% to $53.5 million and a steadily growing subscriber base for its multiplay format, which grew to 7.92 million revenue-generating units from 5.2 million subscribers in the same quarter last year with dramatic growth in video, broadband and voice.

Televisa has been getting its cable-related businesses in order with the consolidation of local operators of Cablecom and Telecable, which alone boosted the conglom nearly $48 million outright, according to the corporate release.


More TV

  • Dua Lipa

    Green Day, Dan + Shay, Dua Lipa Among 'New Year's Rockin' Eve' Performers

    Green Day, Dan + Shay, Dua Lipa, Paula Abdul, Kelsea Ballerini, Blanco Brown, Ava Max, Megan Thee Stallion, Anthony Ramos, Salt-N-Pepa and SHAED will perform on “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2020,” dick clark productions and ABC announced today. The broadcast will also feature Ciara as West Coast host, who said, [...]


    Daniel Rezende on Netflix Brazilian Series ‘Nobody’s Looking’

    Having premiered on Netflix Nov. 22, “Nobody’s Looking” marks the first collaboration between Gullane and Netflix – their second, “Boca a Boca” is in development- and comes from a long list of new projects that the streaming giant has announced with it’s $87 Million investment in Brazilian content. The series embodies the streaming platform’s push [...]

  • Chuck LorreVariety Innovate Summit, Presented by

    Chuck Lorre Talks Streaming Vs. Broadcast, WGA-Agency Battle at Innovate Summit

    With “The Kominsky Method,” Chuck Lorre ventured out of his broadcast comedy comfort zone and took a leap into the world of streaming, an unknown quantity for him. During a keynote conversation at the Variety Innovate summit, held Thursday at the 1 Hotel in West Hollywood, Lorre talked about how making a show for a [...]

  • Jason Segel as Peter, Eve Lindley

    TV News Roundup: AMC Announces 'Dispatches From Elsewhere' Premiere Date

    In today’s TV news roundup, “Dispatches From Elsewhere” starring Jason Segel has been scheduled for a two-night premiere date and Netflix released a teaser for Season 2 of “You.” CASTINGS Briana Cuoco has been cast in HBO Max’s “The Flight Attendant” in the recurring role of Cecilia. The series details the chilling story of a flight [...]

  • Supergirl -- "Crisis on Infinite Earths:

    'Arrowverse' Boss Breaks Down Journey to 'Crisis on Infinite Earths'

    It’s an event nearly 500 hours in the making when the “Arrowverse” and fellow CW superhero series “Black Lightning” collide in the five-part epic crossover event, “Crisis on Infinite Earths.” Inspired by the iconic graphic novel by the same name, “Crisis on Infinite Earths” finds the “Arrowverse” heroes — including Green Arrow (Stephen Amell), The [...]

  • Rich Battista

    Imagine Entertainment CEO Rich Battista Exits After Less Than Four Months

    Rich Battista, the recently boarded chief executive of Imagine Entertainment, has exited his post at the production company after joining but a few months ago in August, Variety has learned. “Rich Battista has left Imagine Entertainment,” said Brian Grazer and Ron Howard, the founders of the company, in a joint statement. “We thank Rich for [...]

More From Our Brands

Access exclusive content