Televisa Expands in
Central America
Grupo Televisa's
satellite unit expects
to add 100,000 customers
in Central America after
entering the region with
service to Costa Rica
last week.
The company's Sky
satellite service began
July 15 in Costa Rica
and will be offered this
year in Nicaragua,
Televisa Executive Vice
President Alfonso de
Angoitia said.
The service, which has
1.49 million subscribers
in Mexico, also will be
available in Panama and
the Dominican Republic
by year-end, De Angoitia
said.
Televisa is seeking
revenue from outside
Mexico as growth of its
biggest source of
revenue, broadcast
television advertising,
slows.
The firm is expanding
its cable TV and
satellite business to
offset a decline in
broadcast revenue.
''This is a very
profitable business,
although the Central
American and Dominican
markets are relatively
small individually,''
said Marcos Duran, an
analyst at Interacciones
Casa de Bolsa in Mexico
City.
Satellite sales account
for 20 percent of
consolidated sales and
22 percent of earnings
before interest, taxes,
depreciation and
amortization, a measure
of cashflow, Televisa
said.
Televisa is the largest
media company in the
Spanish-speaking world,
followed by TV Azteca,
and a major player in
the international
entertainment business.
Much of its programming
airs in the United
States on Univision,
with which it has an
exclusive contract.
The largest media
conglomerate in Latin
America, Grupo Televisa
has interests in
television production
and broadcasting,
programming for pay
television,
international
distribution of
television programming,
direct-to-home satellite
services, publishing and
publishing distribution,
cable television, radio
production and
broadcasting,
professional sports and
show business
promotions, paging
services, feature film
production and
distribution, dubbing,
and the operation of a
horizontal Internet
portal. Televisa's soap
operas generally run
only one season each and
are broadcast
internationally.
Grupo Televisa is owner
of part or of the
following companies:
- Comercio Más (Internet
EsMas.com)
- Sky
- DirecTV Mexico
- Cablevisión (Mexico
City only)
- Televisa Networks
- Estadio Azteca
(Football Stadium)
- América FC (Football
Team)
- Necaxa FC (Football
Team)
- San Luis FC (Football
Team)
- Editorial Televisa
(Books, Magazines and
Newspapers)
- Intermex (Editorial
house)
- Televisa Radio
(Formerly Radiopolis)
- Videocine (Movie
production and
distribution)
- Televisa Home
Entertainment (DVD
Distribution)
- Televisa Música
(Record Label)
- Televisa Licencias
(Merchandising)
- Televisa Digital
(Internet)
- OCESA (Admistrator of
Concert Halls and
stadiums)
- Univision (US
Spanish-language TV
Network)
- TuTV (HDTV Network in
USA)
- La Sexta (TV Channel
in Spain)
- EMI Music (Record
Label)
- Más Fondos (Investment
Group)
- Volaris (Airline)
- CEA (Arts School) |
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