History

2005

The government of Spain granted a concession for a free-to-air television channel to the consortium formed by Televisa and Grupo Audiovisual de Medios de Producción ("GAMP"). Televisa holds a 40% participation interest in the consortium, and GAMP holds a 60% interest. (Press Release)
Televisa and EMI, the world's largest independent music company combine their respective strengths in music, distribution and media to enter into a major new partnership, forming a new joint venture record company in Mexico (Televisa EMI Music), and Televisa's participation in EMI's US Latin operations. (Press Release)

2004

Televisa and Hispanic Publishing Group (HPG) reach a strategic alliance allowing Editorial Televisa to include in its portfolio its first two English-written magazines for Hispanics in the US: Hispanic Magazine, with a 280,000 circulation, and Hispanic Trends, with a 75,000 circulation. (Press Release)
Sky Mexico began operations in late 1996, and by 2004 had more than 940,000 subscribers, annual sales of approximately $4.2 billion pesos and EBITDA of approximately $1.4 billion pesos. On April 1, 2004, Televisa began consolidating Sky Mexico in its financial statements. Also during 2004, DirecTV ceased operations in Mexico and in an effort to provide an alternative, DirecTV sold its subscriber list to Sky Mexico. (Press Release)
Radiópolis, Televisa's radio subsidiary, signs an agreement with Radiorama affiliating 41 stations (22 AM and 19 FM) to its network and reaching a total of 71 stations. Radiópolis news, entertainment, sports and music content, in combination with its brands, reached at this moment 90% of the country. (Press Release)
Televisa realizes a series of transactions to concentrate all equity ownership in the Company at the Televisa level. The initiatives fall into three categories: i) Televisa Share Recapitalization, ii) Televicentro Capital Reduction, and iii) Trust Agreement. (Press Release)
Televisa's Board of Directors approves a Dividend Policy under which the Company will pay an annual regular dividend of MXP$0.35 per CPO. (Press Release)

2002

Televisa and Corporación Interamericana de Entretenimiento (CIE), the leading live entertainment company in Latin America, Spain and the Latin U.S. market, form a strategic alliance under which Televisa acquires 40% of OCESA Entretenimiento, a newly formed subsidiary of CIE. (Press Release)

2001

Televisa and Venevision increase their ownership stake in Univision Communications and Univision acquires Televisa's music recording company, Fonovisa, North America's premier Latin music label. (Press Release)
Grupo Televisa reaches an agreement with Grupo Prisa, a leading Spanish language communications group, to develop the radio industry in Mexico. Under the agreement, Grupo Prisa acquires a 50% non-voting stake in Sistema Radiopolis. (Press Release)
EsMas.com, the Mexican based content Internet portal owned by Televisa purchases Submarino.com-Mexico, the leading Mexican E-shopping site. (Press Release)

1997

Emilio Azcárraga Milmo-president of the company for more than 25 years, and creator of the leading media group in the Spanish-speaking world-passes away. Emilio Azcárraga Jean becomes president of the company.