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Stock Analysis: grupo Televisa (NYSE: TV)
I can’t say that I’ve ever indulged in Mexican television, but I can say that as of these last few weeks I have learned a lot more about Mexican television than I ever thought I would.
Headquartered in Mexico City, Mexico, Grupo Televisa is one of the largest media and telecommunications companies in Mexico, focusing on offering satellite and cable services across the Country. The company produces and distributes content en espanol, its primary revenue streams being its cable division (accounting for just about two-thirds of its entire revenues), generating sales like basically every single other cable company by charging users monthly subscription fees for access to cable and channels therein, with the rest of the company’s cable revenues residing in its direct-to-home (DTH) satellite branch, Sky Mexico, distributing media packages to those all across Central America.