DOCSLIB.ORG

PDF-Xchange 4.0 Examples

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PDF-Xchange 4.0 Examples Unlocking our potential 2019 Annual Report WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 Contents 02 This is Televisa 04 Letter to Shareholders 08 Financial highlights 10 Cable 12 Sky 14 Content 16 Other businesses 18 Univision 20 Commitment to sustainability 22 Fundación Televisa 24 Management’s discussion and analysis of financial condition and results of operation 34 Board of Directors 36 Financial statements WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 Televisa is a leading media company in the Spanish-speaking world, an import- ant cable operator in Mexico and an op- erator of a leading direct-to-home satel- lite pay television system in Mexico. Televisa distributes the content it produces through sev- eral broadcast channels in Mexico and in over 70 coun- tries through 25 pay-TV brands, television networks, ca- ble operators and over-the-top or “OTT” services. In the United States, Televisa’s audiovisual content is distributed through Univision Communications Inc. (“Univision”) the leading media company serving the Hispanic market. Univision broadcasts Televisa’s audio- visual content through multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would repre- sent approximately 36% on a fully-diluted, as-convert- ed basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa’s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international car- riers. Televisa owns a majority interest in Sky, a lead- ing direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature film production and distribution, and gaming. WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 This is Televisa Cable Sky Content Televisa is one of the most important A leading direct-to-home In 2019, Televisa produced more participants in Mexico’s telecom industry satellite television system and than 88,000 hours of content for broadband provider free to air and pay TV DIVISIONS Operates in Mexico, Central ADVERTISING Multiple System Operators America and the Dominican Televisa operates four broadcast (“MSOs”) division which offers video, high- Republic. channels—2, 4, 5, and 9— in Mexico speed data, and voice services to residential City and complements its geograph- and commercial customers, including small and ic coverage through affiliated sta- medium sized businesses. 58.7% interest owned tions throughout the country. Televi- by Televisa. Enterprise sa also sells advertising on its pay TV Provides telecommunications services, includ- networks and online properties. ing voice, data, managed services, as well as integration and cloud services to domestic Sky offers pay TV packages, in- NETWORK SUBSCRIPTION and international carriers and to enterprise, cluding exclusive content that Televisa produces and distributes corporate, and government customers in ranges from sports to concerts 25 pay TV brands. In 2019, Televisa Mexico and the United States. and special events, as well produced more than 18,000 hours as fixed-wireless broadband of content for pay TV networks. services with speeds ranging Revenue Generating Units from 5 to 10 Mbps. LICENSING & SYNDICATION Video 4,318,863 Televisa exports its programs and Broadband 4,696,054 formats to television networks Voice 3,637,992 Revenue Generating Units around the world. In the United States, Televisa distributes its con- Total RGUs 12,652,909 Video 7,429,351 tent through Univision under a Pro- Broadband 386,114 gram License Agreement (“PLA”). Voice 1,145 This year, the PLA resulted in royal- Total RGUs 7,816,610 ties to Televisa of U.S.$389.1 million. Other businesses GAMING RADIO * PUBLISHING Casino sites and online lottery Network of owned radio stations, The leading Spanish-language business. complemented by affiliated radio magazine publisher. stations owned by third parties. FEATURE FILM DISTRIBUTION SOCCER Distributes movies in Mexico and PUBLISHING DISTRIBUTION A first division soccer team of the Latin America. Distributes publications in Mexico Mexican league and owner of Azteca and Latin America. stadium, located in Mexico City. * Through the third quarter of 2019, the Radio business was classified as part of the Other Businesses segment, and beginning in the fourth quarter of 2019, it was classified as held-for-sale operations in the business segment information. WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 2 Sales & OSI contribution 7.7% Other Businesses 3.6% OSI* 33.0% 30.8% 43.4% 39.2% Content OSI* OSI* Cable 22.2% OSI* 20.1% Sky Unconsolidated businesses Univision Ocesa Entretenimiento Televisa holds a direct equity interest of approximately 10% in Univision, Ocesa Entretenimiento, S.A. de C.V. (Ocesa) organized 3,490 events in the leading Spanish-language media company in the United States and Mexico and Colombia in 2019. the number five network regardless of language. Upon exercise of the Televisa announced that Live Nation Entertainment, Inc. agreed to pur- warrants, Televisa would hold approximately 36% of the equity capital of chase its uncon solidated 40% equity participation on July 24, 2019. Univision on a fully-diluted, as-converted basis. * Operating segment income (OSI) is defined as operating income before corporate expenses, depreciation, and amortization, and other expense, net. For a reconciliation of total operating segment income with consolidated operating income, see Note 26 to our year-end consolidated financial statements. WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 3 January 2020 Dear fellow shareholders From its early beginnings, Televisa pur- sued a mission of providing the most attractive and engaging content to its customers and audiences on as many platforms as possible. Over a decade ago, we expanded this vision to become one of the industry’s leading telecommunica- tions operators, extending access to pay television and high-speed data through- out Mexico. Today, we produce some of the best Spanish-language content in the world and transmit it across the most rel- evant platforms. In addition, by creating an extensive Bernardo Gómez telecommunications infrastructure in Mexico, we have Co-Chief Executive Officer become the country’s second largest provider of broad- band services reaching over 15 million households. In a fully convergent media and telecommunications industry, Televisa is positioned like no other company in the region. Our leading role in the creation and transmission of con- tent, combined with our growing presence in telecom- munications, has strengthened our ability to navigate dramatic changes in the media and telecommunications industries as well as in a volatile and sometimes unpre- dictable macroeconomic environment. In 2019 we were presented with an additional set of chal- lenges, namely, the significant drop in government adver- tising and a difficult year-over-year comparison due to the World Cup the previous year. In 2018, the Company benefited from the licensing of certain rights of the World Cup in Latin America, as well as from non-recurring ad- vertising revenue from our transmission of the World Cup matches in Mexico. Alfonso de Angoitia Co-Chief Executive Officer WorldReginfo - b13a8d21-eba9-45b6-ac53-12e6a2ace600 4 We prepared for these events by maintaining a strong disci- pline in cost and expenses and remained focused on the exe- cution of our strategy around our three core operations: Ca- ble, Sky and Content. As a result, excluding the non-recurring licensing of rights, during 2019 Consolidated Revenue grew 3.3%, Operating Segment Income grew 5.4%, and our Oper- ating Segment Income margin increased by 60 basis points. CABLE REACHED 12.7 MILLION REVENUE GENERATING UNITS In Cable, we achieved double digit growth in Revenue and Op- erating Segment Income. Our margin remained very strong, and we continued to expand the number of Revenue Gener- ating Units, or RGUs. By year end, our combined video, voice and broadband RGUs reached 12.7 million. Over a period of just five years, we have doubled the number of RGUs. Throughout the year we continued to push for the sale of bundled third party OTT services, which continued to grow at a good pace and drove the adoption of faster speeds. CAPITAL INTENSITY IN CABLE IS COMING DOWN Some years ago we identified a great opportunity to launch an ambitious investment program and expand and upgrade our network. This multi-year program allowed us to build a world-class network across more than 140 thousand kilome- Some years ago we identified a ters reaching over 40% of households in Mexico, the large great opportunity to launch an majority capable of receiving at least 100 megabits of speed. ambitious investment program We will continue to aggressively support and invest in our and expand and upgrade growth, maintain our network, and expand the number of households that we reach, but the heaviest phase of capital our network. This multi-year investments in our Cable business is now behind us. Capital program allowed us to build a expenditures in our Cable operation are expected to come world-class network across more down in 2020. than 140 thousand kilometers reaching over 40% of households in Mexico, the large majority
Load more

Recommended publications
  • Univision and Grupo Televisa Strengthen Strategic Relationship
    For Univision Holdings, Inc. Investor Relations Adam Shippee For Grupo Televisa Investor Relations 646-560-4992 Carlos Madrazo / Tel: (52 55) 5261 2445 / [email protected] [email protected] Eduardo Nestel / Tel: (52 55) 5261 2438 / Media Relations [email protected] Mónica Talán Media Relations 212-455-5331 Alejandro Olmos / Tel: (52 55) 4438 1205 / [email protected] Stephanie Pillersdorf / Brooke Gordon Regina Moctezuma / Tel: (52 55) 5224 5456 / Sard Verbinnen & Co 212-687-8080 [email protected] UNIVISION AND GRUPO TELEVISA STRENGTHEN STRATEGIC RELATIONSHIP NEW YORK, NY, July 2, 2015 – Univision Holdings, Inc. (“Univision”) and Grupo Televisa, S.A.B. (“Televisa”; NYSE: TV; BMV: TLEVISA), today announced that, together with Univision's major shareholders, they have entered into a Memorandum of Understanding (“MOU”) and that certain subsidiaries of Univision and Televisa entered into an amendment to their existing Program Licensing Agreement (the “PLA Amendment”). Under the PLA Amendment, the terms of the existing strategic relationship between Univision and Televisa have been amended as follows: Term Extension – Univision’s exclusive U.S. broadcast and digital rights (with limited exceptions) to Televisa’s programming including premium Spanish-language telenovelas, sports, sitcoms, reality series, new programming and feature films, will remain unchanged. Subject to Univision completing a public offering of its common stock that results in net proceeds to Univision of a minimum agreed upon amount and no change of control having occurred, the PLA Amendment extends the term of the PLA from its current expiration date of at least 2025 to at least 2030. Revised Royalty Computation – In exchange for Univision agreeing to make certain additional revenue subject to the royalty, effective January 1, 2015 and through December 2017, the royalty rate on substantially all of Univision’s Spanish-language media networks revenue is 11.84 percent, compared to 11.91 percent under the prior terms.
    [Show full text]
  • The Motion Picture and Television Industry's Copyright Concerns on the Internet*
    Mickey and the Mouse: The Motion Picture and Television Industry's Copyright Concerns on the Internet* Mark S. Torpoco I. INTRODUCTION In early 1996, international chess champion Garry Kasparov played a six game match with an IBM computer, named Deep Blue, specifically designed to play chess and programmed with the knowl- edge of every known chess move, game, and strategy.' Kasparov's hard-won victory was hailed as a victory for human ingenuity over ar- tificial intelligence,2 but the match itself was important for another reason: it highlighted the potential commercial value of the Internet as an entertainment medium. IBM, which sponsored the match, created an Internet site that al- lowed chess enthusiasts to follow the match move by move and to read on-the-scene expert commentary.' IBM was expecting 200,000 people to drop by, but over 6 million people signed on to view the action as it transpired.4 These are Nielsen-size numbers larger than those of many TV shows, and if IBM could have charged admission to view its Inter- . An earlier version of this paper won First Place in the 1996 Nathan Burkan Competition at Harvard Law School. This paper is printed with the permission of ASCAP, and with thanks to Edward Torpoco, Leslie Diaz, David Handelman and Joseph F. Troy for their help and encouragement. Dave Anderson, A Chess King Bails Out the Big Four, N.Y. TIMES, Feb. 21, 1996, at B 11. 2 Id ' Steven Levy, How to Cast a Wider Net, TIME, Mar. 4, 1996, at 48. 4 Anderson, supra note 1.
    [Show full text]
  • Televisa Fusionará Sus Activos De Medios, Contenidos Y Producción
    Televisa fusionará sus activos de medios, contenidos y producción con Univision en una transacción histórica, creando la principal empresa global de medios en español • Televisa-Univision, la nueva compañía combinada, crea el líder global en medios en español con la biblioteca más extensa de contenido propio, junto con una capacidad de producción inigualable para impulsar sus plataformas líderes de televisión, digital y streaming. • Como indiscutible líder global de medios en español, Televisa-Univision tendrá los activos operativos, la escala financiera y el alcance de la audiencia para acelerar su transformación digital y ofrecer una propuesta de streaming diferenciada a la población mundial de habla hispana cuya demanda está desatendida. • Televisa contribuirá con sus activos de contenidos por un valor total de $4.8 mil millones de dólares, compuestos por $3.0 mil millones de dólares en efectivo, $1.5 mil millones de dólares en capital de Univision y $0.3 mil millones de dólares provenientes de otras fuentes. • La transacción será parcialmente financiada por la inversión de $1 mil millones de dólares en una nueva Serie C de acciones preferentes liderada por SoftBank Latin America Fund con participación de Google, The Raine Group y ForgeLight, lo que resalta la confianza en la capacidad de Televisa- Univision para capturar la oportunidad global de streaming en español. NUEVA YORK, MIAMI Y CIUDAD DE MÉXICO – 13 de abril de 2021 – Grupo Televisa, S.A.B. (“Televisa”) y Univision Holdings, Inc. (junto con su subsidiaria Univision Communications Inc., “Univision”), anunciaron hoy un acuerdo definitivo en el que los activos de contenidos y medios de Televisa se combinarán con Univision para crear la compañía de medios en español más grande del mundo: Televisa-Univision (la "Compañía").
    [Show full text]
  • The Decade That Shaped Television News
    The Decade That Shaped Television News CBS in the 1950s Sig Mickelson 2 e' The Decade i That Shaped About the Author SIG MICKELSON is aResearch Fellow Television News at the Hoover Institution at Stanford CBS in the 1950s University and Distinguished Professor of Journalism at the Manship School of Sig Mickelson Mass Communication at Louisiana State University. He has served as Vice President This insider's account, written by the first of CBS, Inc., and was the first president of president of CBS News, documents the CBS News. He is the author of America's meteoric rise of television news during the Other Voice (Praeger, 1983) and From 1950s. From its beginnings as anovelty with Whistle Stop to Sound Bite (Praeger, 1989), little importance as adisseminator of news, and the editor of The First Amendment— to an aggressive rival to newspapers, radio, The Challenge of New Technology and news magazines, television news (Praeger, 1989). became the most respected purveyor of information on the American scene despite insufficient funding and the absence of trained personnel. Mickelson's fascinating account shows the arduous and frequently critical steps undertaken by inexperienced staffs in the development of television news, documentaries, and sports broadcasts. He provides atreasure trove of facts and anecdotes about plotting in the corridors, the ascendancy of stars such as Edward R. Murrow, and the retirement into oblivion of the less favored. In alittle more than a decade, television reshaped American life. How it happened is afascinating story. ISBN: 0-275-95567-2 Praeger Publishers 88 Post Road West Westport, CT 06881 Jacket design by Double R Design, Inc.
    [Show full text]
  • Press Release for IMMEDIATE RELEASE
    Press Release FOR IMMEDIATE RELEASE TELEVISA DECLINES TO PARTICIPATE IN UNIVISION MERGER July 5, 2006, Mexico City, Mexico - Grupo Televisa, S.A. (“Televisa”; NYSE:TV; BMV:TLEVISA CPO) today reported that it has made a filing with the SEC on Schedule 13D in which it announces, among other things, that it has sent a letter dated June 30, 2006, informing Umbrella Holdings, LLC, the group led by Providence Equity, that Televisa will not be rolling over its shares in Univision as permitted under the Merger Agreement between Univision and Umbrella Holdings. Moreover, in today’s Schedule 13D filing, Televisa states that if its holdings in Univision fall below 13,578,084 shares of class T common stock, whether pursuant to the closing contemplated by the Merger Agreement or through the sale or sales of such holdings by Televisa, Televisa will no longer be bound by the Participation Agreement dated October 2, 1996, by and among Televisa, A. Jerrold Perenchio, Gustavo and Ricardo Cisneros, and Venevision, subject to a limited exception. If it is not bound by the Participation Agreement, Televisa will be able to engage in new business opportunities in the growing U.S. Hispanic marketplace relating to its programming or otherwise without offering Univision participation in such opportunities. The following is the letter from Televisa to Umbrella Holdings: June 30, 2006 Umbrella Holdings, LLC c/o Providence Equity Partners Inc 50 Kennedy Plaza, 18th Floor Providence, RI 02903 Attention: Mark J. Masiello, Managing Director Dear Mr. Masiello: Reference is made to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 26, 2006, by and among Umbrella Holdings, LLC, Umbrella Acquisition, Inc.
    [Show full text]
  • Spring / Summer 2020 Contents Support the Press
    Spring / Summer 2020 Contents Support the Press General Interest 1 Help the University of Nebraska Press continue its New in Paperback/Trade 46 vibrant program of publishing scholarly and regional Scholarly Books 64 books by becoming a Friend of the Press. Distribution 95 To join, visit nebraskapress.unl.edu or contact New in Paperback/Scholarly 96 Erika Kuebler Rippeteau, grants and development Selected Backlist 100 specialist, at 402-472-1660 or [email protected]. Journals 102 To find out how you can help support a particular Index 103 book or series, contact Donna Shear, Press director, at Ordering Information 104 402-472-2861 or [email protected]. Ebooks available for each title unless otherwise indicated. Subject Guide Africa 14, 30–32, 66, 78 History/American 2, 9, 13, 17–18, 20, Native American & Indigenous Studies 34–38, 48–50, 55–58, 63, 65, 68, 70, 15, 39, 52–55, 71, 80, 82–84, 86–87, African American Studies 14, 16, 50, 80–81, 84–87, 96–99 95–98 78, 99 History/American West 11–12, 25, 38, Natural History 37, 54 American Studies 73–75 54, 57, 59, 73, 95 Philosophy 40, 88 Anthropology 79, 83, 85–87 History/World 7, 18, 61, 68–70, 88, Poetry 14, 29–33, 41, 54, 56 Art & Photograph 7, 83 92–94 Political Science 4, 8, 11, 13, 24, 66, 85, Jewish History & Culture 35, 40–44 Asia 6–7, 17, 47 99 Bible Studies 43–44 Journalism 8, 20, 57, 65 Religion 39–41, 43–44, 88, 94 Biography 1, 8–9, 18, 23, 25, 36, 47, 56, Law/Legal Studies 4, 57, 70 Spain 90, 92–94 59, 62 Literature & Criticism 10, 32, 41, 44, Sports 1–3, 16–19, 34–35, 46–51, 65
    [Show full text]
  • GRUPO TELEVISA, S.A.B. Form 6-K Current Event Report Filed 2021-04
    SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2021-04-01 | Period of Report: 2021-04-01 SEC Accession No. 0000895345-21-000416 (HTML Version on secdatabase.com) FILER GRUPO TELEVISA, S.A.B. Mailing Address Business Address AV VASCO DE QUIROGA AV VASCO DE QUIROGA CIK:912892| IRS No.: 000000000 | Fiscal Year End: 1231 2000 2000 Type: 6-K | Act: 34 | File No.: 001-12610 | Film No.: 21798182 COLONIA SANTA FE COLONIA SANTA FE SIC: 4833 Television broadcasting stations MEXICO, D.F. O5 01210 MEXICO, D.F. O5 01210 (5255) 52612000 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2021 GRUPO TELEVISA, S.A.B. (Translation of registrant’s name into English) Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico (Address of principal executive offices) (Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.) Form 20-F ⌧ Form 40-F ☐ (Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).) Yes ☐ No ⌧ (Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).) Yes ☐ No ⌧ Copyright © 2021 www.secdatabase.com.
    [Show full text]
  • Insideradio.Com
    800.275.2840 MORE NEWS» insideradio.com THE MOST TRUSTED NEWS IN RADIO THURSDAY, DECEMBER 17, 2015 Streaming Broadcasters Relieved By Royalty Break. Radio broadcasters who stream online will pay about one-third less in music royalties to SoundExchange starting in January, thanks to new rates issued by the Copyright Royalty Board (CRB) late Wednesday. The new rate for commercial nonsubscription services, both broadcast and pureplay, in 2016 is $0.0017 per performance. That’s a substantial reduction from the $.0025 that most broadcast streamers had been paying but a 21% increase from the $.0014 that pureplay webcasters have been shelling out. Setting the same streaming rate for pureplays and broadcasters marks a new meet-in-the-middle rationalization in the market. The new rate for commercial subscription services in 2016 is $0.0022 per performance, down from $0.0025. Unlike the previous rate-setting, there is no annual step up in royalties. However, the CRB has, for the first time, built in a cost- of-living provision for the period 2017 through 2020 that will adjust the rate annually to reflect any increases or decreases in the Consumer Price Index. But there’s no so- called percentage override, which would have replaced the per-performance rate with a percentage of revenue payment when a webcaster reached a certain revenue threshold. “That’s one of the things that SoundExchange had asked for and broadcasters in particular had said would be very difficult to administer,” attorney David Oxenford tells Inside Radio. Hourly Waging—non-comm channels have their own new rate tied in to Aggregate Tuning Hours; read more at InsideRadio.com.
    [Show full text]
  • Capitanes / Redacción
    Fecha: 16/04/2021 Columnas Económicas Página: 17 Capitanes / Redacción Area cm2: 441 Costo: 96,138 1 / 3 Redacción Capitanes SIMON MASRI El presidente y CEO de C3ntro Telecom va [ por el despliegue de 600 kilómetros de fi­ bra óptica en el País, con lo que avanza en su plan de desplegar 3 mil kilómetros pa­ ra 2023. Esto es parte de un programa de in­ versión de cinco años y 100 millones de dó­ lares, de los cuales ya se han invertido 60, Página 7 de 9 Fecha: 16/04/2021 Columnas Económicas Página: 17 Capitanes / Redacción Area cm2: 441 Costo: 96,138 2 / 3 Redacción En silencio costaría 109 millones de pesos el primer El Instituto Federal de Telecomunica­ año y 88 millones cada año subsecuente. ciones (IFT), que preside interinamen­ Lo malo es que desde su creación en te Adolfo Cuevas, ha permanecido calla­ 2014, el IFT ha visto una reducción en el do ante la aprobación del Padrón Nacional presupuesto que recibe, al pasar de 2 mil de Usuarios de Telefonía Móvil (Panaut). millones de pesos ese año a mil 510 millo­ El IFT sería la autoridad responsable nes en 2021. de operar y regular el padrón que tendrá Algunas organizaciones como la Red datos personales y biométricos, mientras en Defensa de los Derechos Digitales que los concesionarios de telecomunica­ (R3D), dirigida por Luis Fernando Gar­ ciones suministrarán información de al­ cía, tiene la esperanza de que el presiden­ tas, bajas, cambios de propietarios, robos y te Andrés Manuel López Obrador apli­ extravíos. que un veto a la iniciativa aprobada por el En diciembre de 2020, comisionados Congreso.
    [Show full text]
  • STREAMING GIANTS BATTLE for LATIN AMERICA 3 BUSINESS Streaming Giants Battle for Latin America
    JUNE’ 20 ISSUE #5 Streaming giants battle for SOCIETY Latin America Latin American productions get the global Subscriptions to such services are limelight bypassing movie theaters surpassing those of pay TV as the ARTICLE region attracts new platforms vying For Latin American music, quarantine is for a market that will reach 110 all about live-streaming performances million consumers in 2025 EDITORIAL The contest for Latin America's audiences intensifies LABS is a business news website about Latin America, focused on economics, business, technology and society. By providing deep and accurate content about the he streaming war is raging on and Latin economic and technological America is shaping up to be one of its landscape of Latin America, both T main battlefields. Big media companies in Portuguese and English, we help readers understand the region’s are increasingly keeping a close eye to the mar- particularities. ket due to its sheer size and potential for rapid growth. Latin America's video streaming sub- scriptions will more than double by 2025. MASTHEAD Within the next few months, the industry is Thiago Romariz expected to surpass traditional pay-TV in the Head of PR and Content at LABS region for the first time in number of subscrip- [email protected] tions. And much of this growth will come from Fabiane Ziolla Menezes new platforms landing in Latin America – Disney+ Editor-in-Chief of LABS is scheduled to arrive later this year and HBO [email protected] Max in 2021. Incumbents Netflix and Amazon Prime Video will surely step up their efforts – and João Paulo Pimentel Editor at LABS investments – to keep their viewership bases.
    [Show full text]
  • 1 April 20Th 2016 Daniel Kahn Criminal Division Fraud Section
    April 20th 2016 Daniel Kahn Criminal Division Fraud Section / FCPA Coordinator 10th and Constitution Ave., NW Bond Building – 4th floor Washington D.C. 20530-0001 FAX 202 514 7021 [email protected] From the year 2000 to date, Alfonso De Angoitia Noriega, Board member, former CFO, President of the Finance Committee and Executive Vice-President of Grupo Televisa, S.A.B., a NYSE listed company, has allegedly committed accounting fraud; violated the Foreign Corrupt Practices Act; created money laundering schemes to hide potential revenue from shareholders and conspired to compete against the Company in the advertising market. He has done so with the collaboration, contribution and presumed alliance of Salvi Rafael Folch Viadero, the actual Chieff Financial Officer of the Company. Both members of the board of Grupo Televisa S.A.B. knew while undertaking these action that they were required to comply with the Securities and Exchange Commission’s rules and regulations, which are designed to protect the investing public. A. SUMMARY 1. Alfonso De Angoitia Noriega (AONA620117HDFNRL06) Executive Vice President, President of the Finance Committee and Board Member of Grupo Televisa and Salvi Rafael Folch Viadero (FOVS670816HDFLDL04) Chief Financial Officer and Board Member of Grupo Televisa S.A.B. a registered entity in the NYSE, have participated in a fraudulent scheme to conceal revenue from stockholders using assets from Grupo Televisa; they have registered costs not related to the operation of the Company in different business units and subsidiaries created with the sole purpose to conceal personal expenses for their benefit and profit; they have violated the Foreign Corrupt Practices Act throughout 2005 to 2016; and they have even conspired to create entities that compete in the advertising business with the Company and have not disclosed this conflict of interest to shareholders.
    [Show full text]
  • Univision Milestones Current to January 2019: May 2020
    Univision Milestones Current to January 2019: May 2020 Univision’s TV Network Portfolio Grows Faster than Any Other Media Group in U.S. During 2019/2020 Broadcast Season • Flagship Univision Network Will Rank Top Five on All of Television, Regardless of Language, and Finish No. 1 on Spanish-Language Television for the 28th Consecutive Broadcast Season in Key Demos and Dayparts April 2020 Univision’s Uforia Unveils 2020 Census Anthem “Cuenta Conmigo” Featuring Chart-Topping Latin Artists Los Tigres del Norte, Ana Barbara, Natanael Cano and Fuerza Regida Univision Launches Comprehensive, Ongoing Multiplatform Coverage of COVID-19’s Effect on the Hispanic Community February 2020 Univision Portfolio of Television Nets is the Fastest Growing of All Media Groups in U.S. During Feb 2020 Sweep • Univision Will Finish as No. 1 Spanish-Language Network for 28th Consecutive February Sweep Among Total Viewers 2+, Adults 18-49 and Adults 18-34 Searchlight Capital Partners and ForgeLight Acquire Majority Stake in Univision Univision Crowned Thursday Night’s Big Winner on All of TV, Tops ABC, CBS, NBC & Fox with Premio Lo Nuestro January 2020: Univision and Televisa to Bring “Univision” Branded Channel to Latin America December 2019: Univision to End 2019 as #1 Spanish-Language Network for 27th Straight Year in Prime & Total Day Among Key Demos Univision’s Uforia Stations Finish 2019 With A Bang, Deliver Near Double-Digit Growth Year-Over-Year in Q4 November 2019: 20th Annual Latin GRAMMY® Awards Shines Bright on Univision, Delivers Highest-Rated Performance Since 2015 Univision Stands Tall During November 2019 Sweep • Network to Finish Sweep Among Top Five Broadcast Networks and No.
    [Show full text]