Televisa's profit up

Mexico’s main broadcaster Televisa saw its profit grow 2% in 2008 in spite of the general advertising downturn in the media world, to 7,803 million pesos (more than €400 million).

The positive figures continued in Q4 last year when the company saw its revenues rise 18.8% compared with the same period in 2007.

Among the company's divisions responsible for these positive results were Televisa's cable business, its telecommunications business, its free-to-air television and finally its satellite TV division.

Televisa's debt amounted to some €2,000 million last year.