Pay-TV powers on for Televisa


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Juan Fernandez Gonzalez

| 02 March 2016




Mexico's Televisa saw pay-TV operations rocket while content productions for free-to-air (FTA) TV dropped during 2015.



bolsa mexicoThe country's largest TV operator and one of Latin America's leaders in content production reported a 9.9% sales growth during 2015, although revenues fell by 37% during Q4, mostly due to increasing expenses.

Its direct-to-home (DTH) operation SKY grew by 10% during the year, and 12% during the last quarter, Televisa reported to Mexico's stock market authority. Indeed, the platform added 646,000 subscribers during 2015, nearing 7.3 million subscribers and invoicing the equivalent in local currency of over $1 billion.

In addition, telecom services, including cable TV, delivered through izzi grew by 36% to nearly $1.6 billion in income. Televisa's cable TV operation showed a 9.6% growth and reached 975,000 households.

However, Televisa's content division experienced losses during the last quarter of the year, reporting a 3.3% drop in sales and an 11.3% fall in income compared to the same period in 2014. According to the company, this was mainly due to a changing advertising market and the reorganisation of its content business division.

In fact, aiming to diversify its content distribution and broadcasting options, Televisa launched blim last week, a streaming and video-on-demand (VOD) platform targeting new audiences across Latin America.