June 6, 2007 |
Mexico's Supreme Court struck down a key part of a media law that favored industry heavyweight Televisa. The judges ruled that broadcasters cannot automatically use frequency freed by improved technology to launch telecommunications services and that new concessions shouldn't necessarily go to the highest bidder. The ruling is a loss for Televisa, which has a 70% share of Mexico's TV audience and is one of the country's most powerful companies.
June 1, 2007 |
Mexico's Televisa network plans to expand into China, following the lead of taco chains and other Mexican businesses looking for a slice of the Asian nation's market. The company said it signed a deal with the Chinese government to make Chinese versions of its most successful programming, including the reality show "Dancing for a Dream," and its world-famous soap operas, which are dubbed into more than 50 languages.
October 21, 2008 |
Grupo Televisa, Mexico's largest broadcaster, agreed to distribute content from NBC Universal's Telemundo Group Inc. on wireless devices. Original content from Telemundo, which caters to Spanish-language viewers in the U.S., will be distributed through Televisa websites and mobile services, Televisa said. The agreement was the latest between the two broadcasters. In March, Televisa agreed to air Telemundo content on its broadcast and pay-TV services. Monday's announcement didn't include the agreement's specific financial terms.
July 20, 2005 |
London-based music company EMI Group and Mexico's Grupo Televisa said they would form a record company in Mexico and a U.S. partnership that would give Televisa greater access to the U.S. market. The new record company, called Televisa EMI Music, will be formed Sept. 1 and develop and market music from Televisa's popular soap operas, including "Rebelde" and "Complices al Rescate." Both shows feature young stars who have launched successful singing careers.
March 17, 2008 |
NBC Universal's Spanish-language Telemundo television network and Mexican broadcasting powerhouse Grupo Televisa are expected to announce a programming sharing agreement today that could lead to a closer alliance between the two. Televisa would be allowed to run Telemundo programs on one of its broadcast networks in Mexico as well as a separate cable channel, according to people familiar with the deal. That would give NBC Universal an important distribution outlet for its programs and a potentially lucrative source of new revenue.
December 21, 2007 |
Grupo Televisa has won a court ruling that could allow the Mexican broadcasting giant to move closer to ending its tumultuous relationship with Univision Communications Inc., the largest Spanish-language media company in the United States. U.S. District Court Judge Philip S. Gutierrez in Los Angeles on Monday denied Univision's request to dismiss several claims made by Televisa in a 2-year-old lawsuit.
June 19, 2008 |
Univision Communications Inc. said a trial over Grupo Televisa's lawsuit on program rights would be delayed until Oct. 14. A U.S. district court judge in Los Angeles postponed the trial, which had been scheduled to start July 1, New York-based Univision said.
October 11, 2006 |
Mexican broadcaster Grupo Televisa plans to sell its 11% stake in its U.S. partner Univision Communications Inc. after losing a bidding war for the Spanish-language network, Chairman Emilio Azcarraga said Tuesday. Televisa threw in the towel in mid-September in the battle for Univision, refusing to better a $12.3-billion offer from a group of private equity firms and media mogul Haim Saban. Televisa had offered about $12.1 billion.
April 11, 2002 |
Grupo Televisa, the world's No. 1 Spanish language media company, said Wednesday that it will expand a venture with Clear Channel Entertainment to tap the U.S. Latino market through the purchase of a stake in a producer of Latino events in the U.S. and the Caribbean. Under the deal, whose terms were not disclosed, Mexico City-based Televisa will buy the 50% of Cardenas-Fernandez & Associates Inc. that it doesn't already own.