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| 5-day change | 1st Jan Change | ||
10.37 | -0.10% |
 | +0.19% | -8.55% |
April 03, 2024 at 04:27 pm EDT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-Okay
REPORT OF FOREIGN ISSUER
PURSUANT TO RULES 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2024
Fee File Quantity: 001-12610
GRUPO TELEVISA, S.A.B.
(Translation of registrant’s title into English)
Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico Metropolis, Mexico
(Handle of principal government workplaces)
(Point out by test mark whether or not the registrant recordsdata or will file annual stories underneath cowl Type 20-F or Type 40-F.)
Type 20-F ☒ Type 40-F ☐
Investor Relations PRESS RELEASE |
Grupo Televisa pronounces it has reached an settlement with AT&T for the acquisition of its participation in Sky Mexico and modifications within the Sky Mexico administration group
Mexico Metropolis, April 3, 2024- Grupo Televisa, S.A.B. (“Televisa” or the “Firm”; NYSE:TV; BMV:TLEVISA CPO) introduced that it has reached an settlement with AT&T for the acquisition of its participation in Sky Mexico (“Sky”), by which the Firm would turn out to be proprietor of 100% of Sky’s capital inventory. As a part of this settlement, the transaction worth can be paid by the Firm in 2027 and 2028. The transaction is topic to customary regulatory approvals.
The Firm additionally introduced that Luis Malvido will step down as Chief Govt Officer (CEO) of Sky on April 15, 2024, after serving on this place for over two years. Grupo Televisa’s Co-CEOs, Bernardo Gómez and Alfonso de Angoitia, mentioned: “On behalf of Grupo Televisa, we wish to categorical our deepest gratitude to Luis for his management, innovation, and useful contributions to the Firm. Luis has been instrumental within the evolution and simplification processes of our core enterprise at Sky, and we want him continued success in his future initiatives.”
Francisco Valim will take over as CEO of Sky and can stay as CEO of Grupo Televisa’s Cable section (izzi). “As CEO of each the Cable and Sky segments, Francisco could have the mandate of producing important synergies and efficiencies for Televisa,” mentioned Bernardo Gómez and Alfonso de Angoitia. “We’re assured this determination will permit us to strengthen Televisa’s aggressive and monetary place.”
About Televisa
Grupo Televisa S.A.B. (“Televisa”) is a serious telecommunications company which owns and operates some of the important cable corporations in addition to a number one direct-to-home satellite tv for pc pay tv system in Mexico. Televisa’s cable enterprise gives built-in companies, together with video, high-speed knowledge and voice to residential and business clients in addition to managed companies to home and worldwide carriers. Televisa owns a majority curiosity in Sky, a number one direct-to-home satellite tv for pc pay tv system and broadband supplier in Mexico, working additionally within the Dominican Republic and Central America. Televisa holds quite a few concessions by the Mexican authorities that authorizes it to broadcast programming over tv stations for the alerts of TelevisaUnivision, Inc. (“TelevisaUnivision”), and Televisa’s cable and DTH techniques. As well as, Televisa is the biggest shareholder of TelevisaUnivision, a number one media firm producing, creating, and distributing Spanish-speaking content material by a number of broadcast channels in Mexico, the US and over 50 nations by tv networks, cable operators and over-the-top or “OTT” companies.
Disclaimer
This press launch incorporates forward-looking statements relating to the Firm’s outcomes and prospects. Precise outcomes may differ materially from these statements. The forward-looking statements on this press launch must be learn together with the elements described in “Merchandise 3. Key Info – Ahead-Wanting Statements” within the Firm’s Annual Report on Type 20-F, which, amongst others, may trigger precise outcomes to vary materially from these contained in forward-looking statements made on this press launch and in oral statements made by approved officers of the Firm. Readers are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of their dates. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case.
Contact Info
Investor Relations
www.televisair.com.mx
Tel: (52 55) 5261 2445
Rodrigo Villanueva, VP, Head of Investor Relations / rvillanuevab@televisa.com.mx
Andrés Audiffred, Investor Relations Director / aaudiffreda@televisa.com.mx
Media Relations
Rubén Acosta / Tel: (52 55) 5224 6420 / racostamo@televisa.com.mx
Alejandra Garcia / Tel: (52 55) 4438 1205 / agarcial@televisa.com.mx
SIGNATURE
Pursuant to the necessities of the Securities Trade Act of 1934, the registrant has duly brought about this report back to be signed on its behalf by the undersigned, thereunto duly approved.
GRUPO TELEVISA, S.A.B. | ||||||
(Registrant) | ||||||
Dated: April 3, 2024 | By | /s/ Luis Alejandro Bustos Olivares | ||||
Title: | Luis Alejandro Bustos Olivares | |||||
Title: | Authorized Vice President and Normal Counsel |
Disclaimer
Grupo Televisa SAB revealed this content material on
03 April 2024 and is solely answerable for the data contained therein. Distributed by
Public, unedited and unaltered, on
03 April 2024 20:26:56 UTC.
| Televisa Agrees to Purchase AT&T’s Stake in Sky Mexico Satellite tv for pc TV Enterprise | DJ | |
| Tranche Replace on Grupo Televisa, S.A.B. (BMV:TLEVISA CPO)’s Fairness Buyback Plan introduced on April 29, 2019. | CI | |
| Transcript : Grupo Televisa, S.A.B., This fall 2023 Earnings Name, Feb 23, 2024 | ||
| Mexico’s Televisa trims internet loss in This fall, SKY lags | RE | |
| Grupo Televisa, S.A.B. Stories Earnings Outcomes for the Fourth Quarter and Full 12 months Ended December 31, 2023 | CI | |
| Grupo Televisa, S.A.B. accomplished the Spin-Off of Some companies of Grupo Televisa, S.A.B. | CI | |
| Mexico’s Televisa near launching sports activities and gaming spin-off | RE | |
| Constitution Communications, TelevisaUnivision Renew Collaboration, Plan to Introduce New Streaming Service | MT | |
| Goldman Sachs Trims Value Goal on Grupo Televisa to $3.50 From $3.90, Retains Purchase Score | MT | |
| Mexico’s inventory index sees highest soar in 3 years | RE | |
| Mexican retailer Femsa plans to finish asset gross sales subsequent 12 months, minimize debt | RE | |
| Tranche Replace on Grupo Televisa, S.A.B. (BMV:TLEVISA CPO)’s Fairness Buyback Plan introduced on April 29, 2019. | CI | |
| Goldman Sachs Adjusts Value Goal on Grupo Televisa to $3.90 From $4.60, Maintains Purchase Score | MT | |
| Televisa’s battered shares seesaw after third quarter lands in crimson | RE | |
| Transcript : Grupo Televisa, S.A.B., Q3 2023 Earnings Name, Oct 27, 2023 | ||
| Grupo Televisa, S.A.B. Stories Earnings Outcomes for the Third Quarter and 9 Months Ended September 30, 2023 | CI | |
| BofA Securities Upgrades Grupo Televisa to Purchase From Impartial | MT | |
| UBS Adjusts Grupo Televisa Value Goal to $3.40 From $6, Maintains Impartial Score | MT | |
| Goldman Sachs Cuts Value Goal on Grupo Televisa to $5.20 From $6.10, Maintains Purchase Score | MT | |
| Grupo Televisa, S.A.B. Broadcasts Early Tender Outcomes with Respect to Its Waterfall Tender Supply | CI | |
| Grupo Televisa, S.A.B. Broadcasts Last Tender Outcomes of Buy for Money and 4.625% Senior Notes Due 2026 Principal Quantity of As much as $300,000,000 | CI | |
| Tranche Replace on Grupo Televisa, S.A.B. (BMV:TLEVISA CPO)’s Fairness Buyback Plan introduced on April 29, 2019. | CI | |
| Transcript : Grupo Televisa, S.A.B., Q2 2023 Earnings Name, Jul 26, 2023 | ||
| Grupo Televisa, S.A.B. Stories Earnings Outcomes for the Second Quarter and Six Months Ended June 30, 2023 | CI | |
| Grupo Televisa, S.A.B.(BMV:TLEVISA CPO) dropped from S&P International 1200 | CI |
Extra charts
Grupo Televisa, S.A.B. is a media firm, cable operator in Mexico and an operator of a direct-to-home (DTH) satellite tv for pc pay tv system in Mexico. The Firm operates by 4 segments: Content material, Sky, Cable and Different Companies. The Content material section contains Promoting, Community Subscription, and Licensing and Syndication. The Sky section contains DTH broadcast satellite tv for pc pay tv companies in Mexico, Central America and the Dominican Republic. The Cable section contains the operation of a cable a number of system within the Mexico Metropolis metropolitan space; the operation of telecommunication, and the operation of a cable a number of system. The Different Companies section contains its home operations in sports activities and present enterprise promotion, soccer, function movie manufacturing and distribution, gaming, radio, publishing and publishing distribution. The Firm distributes the content material it produces by numerous broadcast channels in Mexico and in roughly 50 different nations.
Extra in regards to the firm
Purchase
Final Shut Value
10.37
MXN
Common goal worth
17.61
MXN
Unfold / Common Goal
+69.83%
Consensus
