Televisa facts for kids
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Trade name
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Grupo Televisa |
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Formerly
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Televisión Vía Satélite SA (1973-1980s) Televisa SA (1980s-1991) Televisa SA de CV (1991-2021) |
| Public | |
| Traded as | BMV: TLEVISA NYSE: TV (ADR) |
| Industry | Mass media |
| Predecessors | Telesistema Mexicano Televisión Independiente de México |
| Founded | 8 January 1973 |
| Founder | Emilio Azcárraga Milmo |
| Headquarters |
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Mexico
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Area served
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Worldwide |
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Key people
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(Co-CEOs) Alfonso de Angoitia, Bernardo Gómez Martínez, José Bastón Patiño |
| Products | Broadcasting, cable TV, telecommunications |
| Brands |
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| Revenue |  US$7,561,872,519.00 (2018) |
 US$387,545,547.00 million (2018) |
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| Members | Organización de Telecomunicaciones de Iberoamérica |
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Number of employees
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42,900 approximate |
| Subsidiaries | TelevisaUnivision (45%) Tritón Comunicaciones Sky México Izzi Bestel |
Grupo Televisa, S.A.B., known simply as Televisa, is a big company from Mexico. It works in telecommunications and broadcasting. It's one of the largest media companies in Latin America. Televisa is famous for producing a lot of TV shows and content in Spanish.
In April 2021, Televisa announced a big change. They decided to sell most of their entertainment parts to Univision Communications. This created a new company called TelevisaUnivision. The deal was finished on January 31, 2022. Televisa now owns 45% of this new company.
Contents
About Televisa
How Televisa Started
The Azcárraga family has owned Televisa since it began. Three generations of the family have led the company. Each leader helped shape the company's history. Until October 2017, the ownership usually passed from father to son.
Early Years (1955–1972)
Televisa started in 1955 as Telesistema Mexicano. It brought together Mexico's first three TV stations. These stations were XHTV-TV (started 1950), XEW-TV (started 1951), and XHGC-TV (started 1952). The company's main building, Televicentro, opened in Mexico City in 1952.
Telesistema Mexicano was the first national network to broadcast in color in 1963. They had already started showing some color programs in the late 1950s. This was in areas near the U.S. border, as color TV was already in the U.S.
In 1968, another big TV network, Televisión Independiente de México (TIM), started in Mexico City. For four years, Telesistema and TIM competed with each other. They both tried to have the best shows and image. In 1973, they decided to join together. This merger created the company we know as "Televisa." In the deal, Telesistema's owners had 75% of the company. TIM's owners had the rest, but they later sold their shares due to money problems.
A popular news show called 24 Horas started on September 7, 1970. The host, Jacobo Zabludovsky, was a journalist who led the newscast for almost 30 years.
The 1973 merger also brought in Raúl Velasco. He hosted a Sunday show called Siempre en Domingo. This show was very successful for 29 seasons (1969–98). It featured famous pop artists from many countries. The show helped make Latin pop music popular around the world.
Growth and Changes (1972–1997)
On August 17, 1972, Emilio Azcárraga Vidaurreta passed away. His son, Emilio Azcárraga Milmo, became the new president and owner. On January 8, 1973, Telesistema Mexicano and Televisión Independiente de México officially merged. They took the name Televisa, which stands for Televisión Via Satélite (Television via Satellite).
In 1977, Televisa began showing programs made by the Universidad Nacional Autónoma de México. In 1983, one of their channels, Channel 8, became a cultural channel. It showed informative programs, debates, and cultural shows. In 1985, this channel moved to channel 9 and became known as Galavisión, now called Gala TV.
On September 19, 1985, a strong earthquake hit Mexico City. It damaged the south tower of Televisa's main building. However, Televisa's broadcasts were not greatly affected.
In 1991, Televisa worked with the Japanese TV network NHK. They started their first HDTV broadcasts. This was the first time this technology was used in Latin America.
In 1988, Azcárraga Milmo launched Noticias ECO. This was the first Spanish-language cable and satellite news network in Latin America. It wasn't very successful at first, but it helped set the stage for future news channels.
Modern Era (1997–2017)
In April 1997, Emilio Azcárraga Milmo passed away. His son, Emilio Azcárraga Jean, became the company's president. He was 29 years old, one of the youngest leaders in Mexico at the time.
In December 1997, Televisa joined other Mexican media companies to create Teletón. This event helps people learn about physical disabilities. It promotes respect, equality, and support for people with disabilities. The money raised helps build special rehabilitation centers.
On January 1, 2001, Televisa introduced a new logo. It looked similar to the old one but with some modern updates.
Televisa is a very large media company in Latin America. It owns many different businesses. These include TV broadcasting, pay television, publishing, cable TV, radio, and even football teams like Club America. They also produce films and operate internet websites.
Media and Government Relations
In Mexico, media companies and the government often have a close relationship. Companies like Televisa and TV Azteca are sometimes favored by the government. In return, they might support the government's policies and actions. This means that media owners can have strong connections with high-level government officials.
For example, in 2006, there was a protest in San Salvador Atenco. The media, including Televisa, showed support for the government's actions during this event. They presented the protesting farmers in a certain way. This showed how some media outlets might support government policies without much criticism. In Mexico, sometimes the media focuses on supporting a government agenda rather than providing only objective information.
This close relationship has continued, even with recent governments. However, the rise of streaming services and social media has given people more ways to get information.
In August 2014, Televisa bought the remaining shares of a Mexican cable company called Cablecom. In September 2014, Televisa sold its share in a wireless company called Iusacell. In January 2016, Televisa updated its brand again with a new logo and slogan: "Tu compañía, tu más" (Your company, your more).
New Leadership and Changes (2017–Present)
Emilio Azcárraga Jean stepped down as the main leader of Televisa in October 2017. He still remains the chairman of the company's board. This was the first time someone not from the Azcárraga family led the company. This change happened because more people were watching Netflix and other video streaming services. These services became more popular than traditional cable television. Also, new TV channels started, which meant less control for Televisa.
On April 13, 2021, Televisa announced a big sale. They sold their content businesses to Univision Communications, their partner in the U.S. This included Televisa's four free TV networks in Mexico, special channels, their film studio, and the Televisa brand. These parts combined with Univision's businesses to form TelevisaUnivision. Televisa now owns 45% of this new company. Televisa kept its shares in the Club America football team, the telecommunications company Izzi Telecom, and the satellite TV provider Sky Mexico. Their news operations were separated into a new company called Tritón Comunicaciones.
The sale was approved by Mexican and American regulators in late 2021 and early 2022. The merger was completed on January 31, 2022.
In 2023, Televisa decided to separate its gambling and sports businesses into a new company called Ollamani. This separation was completed on February 20, 2024.
In 2024, Televisa also bought AT&T's main share in Sky México. This deal is still waiting for approval.
Televisa's Businesses
What Televisa Owns
Televisa is the second-largest media group in Latin America. It has many different interests. These include broadcasting TV, making shows for pay TV, distributing TV shows internationally, and satellite TV services. They also work in publishing, radio, sports, film production, and internet services. The TV shows called telenovelas that TelevisaUnivision Mexico makes usually run for one season and are shown all over the world.
Televisa has full or partial ownership in these companies:
Telecommunications and TV Services
- Cable Providers
- Izzi Telecom (formerly Cablevisión México) is Televisa's company for internet, fixed telephony, and cable TV. It combines several older companies to compete with other providers.
- Sky México (satellite TV)
Publishing (Books, Magazines, and Newspapers)
- Editorial Televisa
- Vanidades
- TVyNovelas
- Rolling Stone Mexico
- Muy Interesante (Mexico)
- Intermex (a publishing house)
Websites
- Comercio Más (Internet EsMas.com)
- Televisa Digital (Internet)
- N+ LIVE
Studios
- Televisa Chapultepec
- Televisa San Ángel
- Televisa Santa Fe
- Televisa Guadalajara
- Televisa Monterrey
- Televisa Puebla
Other Businesses
- Fundación Televisa (a foundation)
- Más Fondos (an investment group)
- Playcity Casino (gambling)
- Multijuegos (lotto)
Media Networks
Televisa is the biggest shareholder in TelevisaUnivision. This company provides TV shows across Mexico through four networks: Las Estrellas, Foro, Canal 5, and Nu9ve. In the United States, they broadcast through Univision and UniMás. Many local TV stations in Mexico and the US show programs from these networks.
TelevisaUnivision also has a part called Televisa Networks. This part sends Televisa's shows by satellite to other countries. They also send the international version of Las Estrellas to Latin America, Europe, Australia, and New Zealand.
TV Shows
Partnerships with Other TV Networks
Televisa and Univision
Televisa has worked with the US-based Univision network for a long time. This partnership started in the 1960s. At that time, Univision's earlier company was owned by Telesistema Mexicano, which was Televisa's predecessor.
In October 2010, Televisa agreed to own 5% of Univision. They also extended their agreement to share TV programs. This new agreement included rights for internet and mobile content. It also covered important Mexican football (soccer) rights and was set to last until at least 2020.
Televisa and Telemundo
On March 18, 2008, Televisa and NBCUniversal announced a 10-year agreement. This deal allowed 1,000 hours of Telemundo shows to be broadcast. These included news, entertainment, and sports programs. They were shown on Televisa's Galavision channel and its cable systems. A planned Telemundo pay TV channel was also launched later in 2008.
Televisa Logos Over Time
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1973–1980
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1980-1990
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1990–2000
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2000
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2016
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2016–2022
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2022–Present (Currently Used as a Brand Logo)
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See also
In Spanish: Televisa para niños
