The board of Grupo Televisa, S.A.B. (BMV:TLEVISA CPO) approved to spin-off Some businesses on October 27, 2022. The spin-off businesses includes its futbol operations, the Estadio Azteca, the gaming and sports operations, and publishing and distribution of magazines, as well as certain related assets and real estate. The spin-off business controlling entity will be listed on Mexican Stock Exchange and that would have the same shareholding structure of Televisa.

The transaction is approved by the board of Grupo Televisa and subject to several conditions, including compliance with applicable law, as well as obtaining all required corporate and regulatory authorizations, and the approval of the spin-off by Grupo Televisa's shareholders meeting. As of April 26, 2023, Grupo Televisa conducted a Extraordinary General Stockholders' Meeting and shareholders has approved the transaction. The transaction is expected to complete in the first half of next year.