Televisa facts for kids
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Trade name
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Televisa |
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| A company whose shares can be traded publicly | |
| Traded as | BMV: TLEVISA NYSE: TV (ADR) |
| Industry | Mass media |
| Predecessors | Televicentro (1952) Telesistema Mexicano (1955) Televisión Independiente de México (1965) Grupo Televisa (1973) |
| Founded | 8 January 1973 |
| Founder | Emilio Azcárraga Vidaurreta |
| Headquarters | , |
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Area served
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Worldwide |
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Key people
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Emilio Azcárraga Jean (Chairman) Bernardo Gómez Alfonso de Angoitia (co-CEOs) |
| Products | Broadcasting, cable TV, telecommunications |
| 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. de C.V., usually called Televisa, is a large Mexican company. It works in telecommunications and broadcasting. It is one of the biggest media companies in Latin America. Televisa is known 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 TV and entertainment parts to Univision Communications. This created a new company called TelevisaUnivision. The deal 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 Azcárraga family have led the company. Each leader passed the company down to their son. This tradition continued until October 2017.
Early Years (1955–1972)
Grupo Televisa started in 1955. It was first known as Telesistema Mexicano. This company brought together Mexico's first three TV stations. These stations were XHTV-TV (1950), XEW-TV (1951), and XHGC-TV (1952).
Emilio Azcárraga Vidaurreta was a founder. The O'Farril family and Ernesto Barrientos Reyes were also co-owners. Their main building, Televicentro, opened in Mexico City in 1952.
Telesistema Mexicano was a pioneer in color TV. It started showing programs in color in the late 1950s. This was in cities near the U.S.-Mexico border. By 1963, it was the first national network to broadcast in color.
In 1968, a new competitor arrived. It was Televisión Independiente de México (TIM). TIM started its own channel, XHTM-TV Canal 8. Both Telesistema and TIM competed for viewers. They also competed with another new station, XHDF-TV channel 13.
After four years of competition, the two networks merged. This happened in 1973, and they took the name "Televisa." In the merger, Telesistema's owners got 75% of the company. TIM's owners got the rest, but later sold their shares.
A famous news show, 24 Horas, started in 1970. The host, Jacobo Zabludovsky, was very popular. He anchored the news for almost 30 years.
The 1973 merger also brought a new TV star. Raúl Velasco hosted Siempre en Domingo. This Sunday show was very successful, running for 29 seasons. It featured top pop artists from many countries. The show helped make Latin pop music famous worldwide.
New Leadership (1972–1997)
On August 17, 1972, Emilio Azcárraga Vidaurreta passed away. His son, Emilio Azcárraga Milmo, took over. On January 8, 1973, Telesistema Mexicano and Televisión Independiente de México officially merged. They became Televisa, which means "Television Via Satellite."
In 1977, Televisa started showing programs from the Universidad Nacional Autónoma de México. In 1983, Channel 8 became a cultural channel. It offered informative shows and debates. In 1985, this channel moved to channel 9. It later became Galavisión, now known as Gala TV.
On September 19, 1985, a strong earthquake hit Mexico City. It damaged Televisa's main building. However, Televisa's TV broadcasts were not greatly affected.
In 1991, Televisa worked with Japan's NHK network. They started the first HDTV broadcast in Latin America. This was a big step for television technology.
Azcárraga Milmo also launched Noticias ECO in 1988. This was the first Spanish-language news network. It was available on cable and satellite in Latin America.
Modern Era (1997–2017)
In April 1997, Milmo died. His son, Emilio Azcárraga Jean, became the company president. He was only 29 years old, one of Mexico's youngest leaders.
In December 1997, Televisa helped create Teletón. This is a charity event that raises money. It helps people with physical disabilities. The money builds special rehabilitation centers.
Televisa changed its logo on January 1, 2001. The new logo had eight lines instead of ten. It looked like an eye, and the word "Televisa" was added back.
Televisa is a very large media company in Latin America. It owns many TV channels. It also produces TV shows, especially telenovelas. Televisa also has interests in publishing, radio, and sports. For example, it owned football teams like Club Necaxa and Club America.
In Mexico, media companies and the government often work closely. Televisa and TV Azteca are big media owners. They sometimes support government actions. For example, in 2006, there was a protest in San Salvador Atenco. The police used force against the protesters. Televisa and TV Azteca's news programs showed the farmers as a radical group. They did not report why the protest happened. This showed how some media supported the government's view.
In 2014, Televisa bought more shares in Cablecom, a cable company. Later that year, it sold its share in Iusacell, a wireless company. In 2016, Televisa updated its logo again. It looked more like the 1973 logo. Its new slogan was "Tu companía, tu más" (Your company, your more).
New Directions (2017–present)
In October 2017, Emilio Azcárraga Jean stepped down as Televisa's main leader. He still remains chairman of the board. This was a big change because he was the first leader not from the Azcárraga family. This change happened because more people were watching Netflix and other streaming services. These services became more popular than traditional cable TV. Also, new TV channels started, creating more competition.
On April 13, 2021, Televisa made a major announcement. It would sell its content business to Univision Communications. This included Televisa's four free TV networks in Mexico. It also included their film studio and the Televisa brand. This merger created a new company called TelevisaUnivision. Televisa now owns 45% of this new company.
Televisa kept its shares in the Club America football team. It also kept its telecommunications companies like Izzi Telecom and Sky Mexico. The company also kept its publishing businesses. The news operations for national and local TV were separated into a new company called Tritón Comunicaciones.
Mexican and American regulators approved the sale. The merger was completed on January 31, 2022.
In 2023, Televisa decided to separate its gambling and sports businesses. This new company is called Ollamani. The separation was completed in February 2024. In 2024, Televisa also bought AT&T's share in Sky México.
Televisa's Businesses
What Televisa Owns
Televisa is the second-largest media group in Latin America. It has many different businesses. These include TV broadcasting, pay TV programming, and international TV show distribution. It also offers satellite TV services and publishes books and magazines. Televisa is involved in radio, sports, and film production. It also runs an internet portal.
TelevisaUnivision Mexico's telenovelas (soap operas) are very popular. They usually run for one season and are shown around the world. Televisa has full or partial ownership in these areas:
TV and Internet Services
- Cable providers
- Izzi Telecom (formerly Cablevisión México) is Televisa's internet, phone, and cable TV provider. It combines several smaller companies. This helps it compete with other large providers like Telmex.
- Sky México (satellite TV)
Books and Magazines
- 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
TV 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 (lottery)
Televisa's TV Networks
Televisa is a major owner of TelevisaUnivision. This company provides TV shows across Mexico through four networks: Las Estrellas, Foro, Canal 5, and Nu9ve. In the United States, it provides content through Univision and UniMás. Many local TV stations in Mexico and the US show their programs.
TelevisaUnivision also has a part called Televisa Networks. This group sends Televisa's shows by satellite. It also sends the international version of Las Estrellas to many parts of the world.
Popular Shows
Working with Other TV Companies
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 Televisa's predecessor.
In 2010, Televisa bought a small part of Univision. They also agreed to share TV programs for many years. This deal included rights for internet and mobile content. It also covered important Mexican football (soccer) rights.
Televisa and Telemundo
On March 18, 2008, Televisa and NBCUniversal made a 10-year deal. This allowed Televisa to broadcast 1,000 hours of Telemundo shows. These included news, entertainment, and sports. They were shown on Televisa's Galavision channel and its cable systems.
Televisa Logos Over Time
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1990-2000
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2000-2016
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2016-2022
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2022-present
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See also
In Spanish: Televisa para niños
