StockCall Study on CBS and Grupo Televisa:Will 2013 Be as Good as 2012 for the Broadcasting Industry?

StockCall Study on CBS and Grupo Televisa:Will 2013 Be as Good as 2012 for the
                            Broadcasting Industry?

PR Newswire

LONDON, February 20, 2013

LONDON, February 20, 2013 /PRNewswire/ --

There was one major event in 2012 that contributed to increased advertising
revenue to U.S. TV broadcasters, and that was the U.S. Presidential election.
Will companies be able to see the increased revenue stream in 2013? The threat
from online media is a matter of concern for TV broadcasters such as CBS
Corporation (NYSE: CBS) and Grupo Televisa S.A.B. (NYSE: TV). StockCall free
coverage on CBS Corp. and Grupo Televisa is available upon registration at

CBS Reports Excellent Q4 2012 Results, $1 Billion Share Repurchase Program

CBs revenue for Q4 2012 increased by 2% to $3.70 billion, as compared to the
same period last year. This growth was led by a 3% increase in advertising
revenues. The growth in cable networks, higher retransmission revenues and
fees from affiliated television stations has increased the Affiliate and
subscription fee revenues by 9%. For the full year 2012 the company has set
new records in various parameters like revenue, operating income, adjusted
OIBDA and more. For 2012, revenues increased by 3% to $14.09 billion from
$13.64 billion in 2011. Download the free technical research on CBS Corp. by
signing up at

CBS has announced plans to repurchase an additional $1 billion of its Class B
common stock in 2013. According to Leslie Moonves, President and Chief
Executive Officer of CBS, the repurchase program reflects the confidence they
have in future growth as well as their commitment to shareholders. CBS would
have stable and recurring revenue streams because of increase in
non-advertising revenue and strategic initiatives in the outdoor segment. The
stock buyback option will optimally utilize the cash and is in the best
interest of shareholders. In 2012, the company bought 35.5 million shares for
$1.17 billion, at an average cost of $33 per share.The company had initiated
share repurchase program in January 2011 and till December 31, 2012, the
company has repurchased 77.7 million shares of its Class B Common Stock for
$2.19 billion, at an average cost of $28 per share. Based on its recent
aggressive repurchase moves the company seems to be convinced about future

According to Sumner Redstone, Executive Chairman of CBS Corporation: "Our
results today speak to the strength of our strategy - producing and
distributing great content and monetizing it over and over again. I am
confident that Leslie and his team will continue to capitalize on all of the
opportunities we have before us this year and beyond."

Grupo Televisa to Bank on Sports Coverage in 2013

Grupo Televisa will be focusing on sports coverage in 2013. Within the sports
segment, the company has specific focus on soccer. Emilio Azcarrag, CEO of
Televisa, has said: "We are launching a new soccer social media platform...
where everybody can add content." The company will formulate a plan in social
media that will ensure audience participation in order to improve its sports
coverage. Register now and get access to the free analysis on Grupo Televisa
S.A.B. at

Televisa had acquired broadcasting rights for the Euro Cup 2012, and then it
went a step ahead and offered TV App which enabled subscribers to access
live-streaming of the tournament. This new platform attracted viewers and also
additional revenue sources from in-player advertising space.

Televisa is also planning to launch an English language channel which will be
developed by Univision and ABC News. The company has not disclosed a launch

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