Grupo Televisa(TV)

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Grupo Televisa(TV) - 2023 Q3 - Quarterly Report
2023-11-01 22:55
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 October, 2023 Commission File Number: 001-12610 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 repor ...
Grupo Televisa(TV) - 2023 Q3 - Earnings Call Transcript
2023-10-27 20:07
Company Participants Conference Call Participants Operator I will now turn the call over to Mr. Alfonso de Angoitia, Co-Chief Executive Officer of Grupo Televisa. Please go ahead, sir. Thank you, Sheila. Good morning, everyone, and thank you for joining us. With me today are Wade Davis, CEO of Televisa Univision; Francisco Valim, CEO of Cable; Luis Malvido, CEO of Sky; and Carlos Phillips, CFO of Grupo Televisa. Wade, Valim, and Luis will discuss the operating and financial performance of each business they ...
Grupo Televisa(TV) - 2023 Q2 - Earnings Call Transcript
2023-07-26 20:19
Financial Data and Key Metrics Changes - Televisa-Univision reported strong revenue of $1.2 billion, growing by 11% year-on-year, primarily driven by the global streaming business, ViX, and core operations in Mexico [29] - Consolidated advertising revenue increased by 10% year-on-year, with U.S. advertising revenue rising by 1% or 4% excluding political and advocacy [30] - EBITDA remained stable year-on-year at $374 million, despite financing streaming investments [36] - Consolidated revenue reached Ps18.5 billion, remaining virtually flat year-on-year, while operating segment income declined by 3.3% to Ps6.8 billion [69] Business Line Data and Key Metrics Changes - Cable operations revenue increased by 4.6% year-on-year to Ps12.3 billion, while operating segment income fell by 2.2% to Ps4.8 billion [72] - Fixed RGU gross adds were around 1.3 million, consistent with the average of the last three quarters, indicating robust demand [70] - Broadband lost 38,000 subscribers, while video had 46,000 net disconnections, partially offset by 57,000 voice net adds and 21,000 new mobile subscribers [71] Market Data and Key Metrics Changes - In Mexico, advertising revenue growth of 29% was driven by both linear and streaming, with local currency terms showing a 14% increase [37] - Subscription and licensing revenue in Mexico grew by 27%, with local currency terms reflecting a 16% increase [38] Company Strategy and Development Direction - The company is committed to implementing structural reforms to increase profitability, optimize CapEx, and enhance free cash flow generation [52] - A detailed long-range plan is being developed to achieve growth goals, expected to be shared in the coming months [34] - The focus is on retaining high-quality clients and improving churn rates through targeted market approaches [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the medium-term operating and financial growth prospects despite macro challenges [78] - The company anticipates that the streaming business will be profitable in the second half of 2024, a significant achievement compared to peers [85] - Management acknowledged the impact of inflationary pressures on operating segment income and margins [72] Other Important Information - The company has seen a strong performance from ViX, with all key performance indicators trending positively [39] - The launch of new partnerships and programming strategies has significantly increased engagement and revenue [41][42] Q&A Session Summary Question: What was the driver behind the high margin in the Other business segment? - The increase in revenue in gaming of 22% and soccer revenue growth of 13% were key drivers [81] Question: Are you revising your CapEx guidance for the year? - The estimated CapEx for the year remains around $620 million, considering FX volatility [87] Question: Were there any geographical areas that saw particularly high churn this quarter? - Management is analyzing churn reasons and addressing various factors contributing to it [83]
Grupo Televisa(TV) - 2023 Q2 - Quarterly Report
2023-05-02 23:12
REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K (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 Quarterly Financial Information For the month of May, 2023 | [105000] | Management commentary | 2 | | --- | --- | --- | | [110000] | General information about financial statements | 12 | | ...
Grupo Televisa(TV) - 2022 Q4 - Annual Report
2023-04-28 20:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...
Grupo Televisa(TV) - 2023 Q1 - Earnings Call Transcript
2023-04-26 21:53
Grupo Televisa, S.A.B. (NYSE:TV) Q1 2023 Earnings Conference Call April 26, 2023 12:00 PM ET Company Participants Alfonso de Angoitia - Co-CEO Pepe Antonio Gonzalez - CEO, Cable Luis Malvido - CEO, Sky Carlos Phillips - CFO Conference Call Participants Lucas Chaves - UBS Carlos de Legarreta - ITAU Phani Kanumuri - HSBC Luca Brendon - Bank of America Operator Good morning everyone and welcome to the Grupo Televisa's First Quarter 2023 Conference Call. Before we begin, I would like to draw your attention to t ...
Grupo Televisa(TV) - 2023 Q1 - Quarterly Report
2023-03-01 23:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K (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)( ...
Grupo Televisa(TV) - 2022 Q4 - Earnings Call Transcript
2023-02-24 23:48
Grupo Televisa, S.A.B. (NYSE:TV) Q4 2022 Results Conference Call February 24, 2023 10:00 AM ET Company Participants Alfonso de Angoitia - Co-Chief Executive Officer Pepe Antonio Gonzalez - Chief Executive Officer of Cable Luis Malvido - Chief Executive Officer of Sky Carlos Phillips - CFO of Grupo Televisa Conference Call Participants Fred Mendes - Bank of America Leonardo Ramos - UBS Marcelo Santos - JP Morgan Carlos Legarreta - Itau Soomit Datta - New Street Research Operator Good morning, everyone, and w ...
Grupo Televisa(TV) - 2022 Q3 - Quarterly Report
2022-11-02 00:54
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 October, 2022 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 4 ...
Grupo Televisa(TV) - 2022 Q3 - Earnings Call Transcript
2022-10-28 23:04
Grupo Televisa, S.A.B. (NYSE:TV) Q3 2022 Earnings Conference Call October 28, 2022 9:00 AM ET Company Participants Alfonso de Angoitia – Co-Chief Executive Officer Pepe Antonio Gonzalez – Chief Executive Officer of Cable Luis Malvido – Chief Executive Officer of Sky Conference Call Participants David Joyce – Barclays Carlos Legarreta – Itau Alejandro Chavez – Credit Suisse Soomit Datta – New Street Research Marcelo Santos – JPMorgan Alejandro Gallostra – BBVA Operator Good morning, everyone, and welcome to ...