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Televisa posts third-quarter drop

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“Mexican media conglomerate Televisa on Thursday posted a 7% loss in third-quarter net income as capital expenditures and taxes increased, while sales took a hit from the absence of extraordinary ad revenue earned from last year’s World Cup broadcasts.

Televisa, the world’s largest producer of Spanish-language programming, reported a net income of 2.6 billion pesos ($240 million), down from 2.8 billion pesos a year ago.”*

Posted on: October 18th, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Business, Media
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