Televisa Upfront Advertising Sales for 2012 Up 8.9%
(Corrects forecast for content sales in second paragraph.)
Grupo Televisa SAB’s advance sales of television advertising for 2012 were up 8.9 percent from the previous year, Executive Vice President Alfonso de Angoitia said.
Sales in Televisa’s content business will expand 6 percent to 7 percent this year with an operating profit margin of 47 percent, de Angoitia said today on a conference call. The Sky satellite-TV unit will expand sales in the mid-single-digit percentage points, he said. He forecast capital expenses this year of $850 million.
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