Recent Updates — TV
Grupo Televisa reported second-quarter 2026 results showing a 3.0% revenue decline to Ps.14,288.9 million and a net loss attributable to stockholders of Ps.497.4 million, compared to a net income of Ps.474.5 million in the prior year period. Operating segment income rose 5.0% to Ps.5,978.1 million with a margin expansion to 41.8%, driven by efficiency measures and Opex reductions. Residential services added 78.7 thousand RGUs, while Satellite Services lost 279.1 thousand RGUs due to video subscriber churn. The company invested U.S.$208.0 million in capital expenditures and reported total debt of Ps.80,649.6 million as of June 30, 2026. Grupo Televisa operates as a major telecommunications company providing cable, satellite pay television, broadband, and mobile services in Mexico.
Grupo Televisa reported second quarter 2026 results with revenues of Ps.14,288.9 million, a 3.0% decrease year-on-year. Operating segment income increased 5.0% to Ps.5,978.1 million, while net loss attributable to stockholders was Ps.497.4 million, compared to a net income of Ps.474.5 million in 2Q25. The company also noted the issuance of zero-coupon convertible debentures totaling Ps.6,917.8 million on June 3, 2026, which will mandatorily convert into CPOs and/or shares by June 3, 2027. Grupo Televisa is a major telecommunications company that operates cable and satellite pay television systems in Mexico.
Moody's Ratings downgraded Grupo Televisa's senior unsecured and senior unsecured shelf ratings to 'Ba2' from 'Ba1', while also assigning a 'Ba2' corporate family rating (CFR). The rating outlook was changed to Stable. Televisa is a major telecommunications and media company providing cable, satellite, and broadband services in Mexico and the United States.