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Televisa Chairman Azcarraga Resigns Amid FIFA Bribery Probe

Grandson of broadcaster’s founder stepping down immediately
Investigation ongoing, company says it’s cooperating

Emilio Azcarraga
Photographer: Mariceu Erthal/Bloomberg

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By Andrea Navarro

October 24, 2024 at 9:26 PM UTC

Updated on

October 25, 2024 at 4:32 PM UTC

Emilio Azcarraga is stepping down as executive chairman of Grupo Televisa SAB amid a US Justice Department investigation into the Mexican media conglomerate’s dealings in international soccer.

Azcarraga’s resignation is effective immediately, and Televisa continues to cooperate with the probe, according to a filing Thursday. The company disclosed in August that the probe could result in a material impact on its finances.