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Company Description

Contact Info

Avenida Vasco de Quiroga, No. 2000

Colonia Santa Fe

Mexico City, DF 01210


Phone: 52 55 5261 2000


Grupo Televisa, S.A.B., together with its subsidiaries, operates as a media company in Spain. The company operates four broadcast channels in Mexico City and complements its network geographic coverage through affiliated stations throughout the country. The company also operates a direct-to-home satellite pay television system in Mexico. The company distributes the content it produces through various broadcast channels in Mexico and in approximately 50 other countries through 26 pay-tv brands, and television networks, cable operators and over-the-top (OTT) services. In the United States, the company’s audiovisual content is distributed through Univision Communications Inc. (Univision), a media company serving the Hispanic market. Segments As of December 31, 2015, the company classifies its operations into four business segments: Content, Sky, Cable, and Other Businesses. Content The company owns and operates 4 of the 14 television stations in Mexico City, Channels 2, 4, 5 and 9. Some of these stations are affiliated with 221 repeater stations and 31 local stations outside of Mexico City. The company also owns a station that has a digital subchannel that broadcasts in the English language on the California border. Programming The company produces a part of the Spanish-language television programming in the world. In 2015, it produced approximately 89,200 hours of programming for broadcast on its network stations, including programming produced by its local stations, which represented 57.9% of its total hours produced in the same year. The company produces various programs, including telenovelas, newscasts, situation comedies, game shows, reality shows, children’s programs, comedy and variety programs, musical and cultural events, movies, and educational programming. Its telenovelas are broadcast either dubbed or subtitled in various languages worldwide. The company’s programming also includes broadcasts of special events and sports events in Mexico promoted by the company and others. Among the sports events that it broadcasts are soccer games and professional wrestling matches. In 2015, the company broadcast Copa America Chile 2015, FIFA World Cup Under 20 New Zealand 2015, FIFA Women’s World Cup Canada 2015, CONCACAF Gold Cup 2015 and FIFA World Cup Under 17 Chile 2015. The company has secured the rights to broadcast at least the 2018 FIFA World Cup Russia and the 2022 FIFA World Cup Qatar for Mexico and other territories in Latin America. The company’s programming is produced primarily at its 30 studios in Mexico City. It also operates 18 fully equipped remote control units. Some of its local television stations also produce their own programming. These local stations operate 47 studios and 34 fully equipped remote control units. Foreign-Produced Programming The company licenses and broadcasts television programs produced by third parties outside Mexico. Majority of this foreign programming is from the United States and includes television series, movies and sports events, including coverage of Major League Baseball games and National Football League games. Talent Promotion The company operates Centro de Educación Artística, a school in Mexico City, to develop and train actors and technicians. It provides instruction free of charge, and various actors appearing on its programs have attended the school. The company also promotes writers and directors through a writers’ school, as well as various contests and scholarships. Television Networks The company operates three television networks that could be viewed throughout parts of Mexico depending on the schedules and programming on its affiliated television stations through Channels 2, 5 and 9 in Mexico City. Channel 2 Network Channel 2, which is known as ‘El Canal de las Estrellas’, or ‘The Channel of the Stars’, together with its affiliated stations, is a television network in Mexico and Spanish-language television network in the world. Channel 2’s programming is broadcast 24 hours a day, 7 days a week, on 127 television stations located throughout parts of Mexico. The Channel 2 Network targets the average Spanish


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Valuation TLEVICPO Industry Range
Price/Earnings 29.3x
Price/Sales 3.0x
Price/Book 2.8x
Price/Cash Flow 27.3x
TEV/Sales 0.9x

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