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History

History

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.

1995

  • VISAT (now Televisa Networks) is created. VISAT produces and distributes channels for pay television operators in Mexico and abroad.
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