Revenue and OSI increased by 13.4% and 2.9%, respectively, driven by strong advertising activity by the private sector.
Our flagship network, Las Estrellas, had 2.7x the average ratings of its closest competitor.
Revenue and OSI increased by 5.8% and 5.6%, respectively.
Net-addsof 52.0 thousand Revenue Generating Units ("RGUs"), reaching 14.4 million.
Plan to pass 2 million homes with FTTH this year is on track, with a 65% completion.
Added 26.8 thousand RGUs, closing the quarter with 8.2 million.
Revenue fell by 2.5%, with a lower margin due to the amortization of sporting events.
Other Businesses segment still impacted by social distancing measures due to COVID.
1Monday to Sunday from 2:30 p.m. to 10:30 p.m.
Televisa 3Q'21 Highlights
3Q 2021 Revenue (in Ps. Millions)
5%
32%
43%
Revenue
Y/Y
Content
9,110
13.4%
Cable
12,067
5.8%
Sky
5,459
(2.5)%
Other Businesses
1,409
80.1%
26,128
9.1%
19%
3Q 2021 OSI1 (in Ps. Millions)
2%
31%
46%
21%
3
Cons. Net Sales
OSI1
Y/Y
Content
3,390
2.9%
Cable
5,065
5.6%
Sky
2,262
(7.2)%
Other Businesses
253
N/A
Total OSI
10,969
4.2%
1Operating segment income (OSI) is defined as operating income before corporate expenses, depreciation and amortization, and other expense
Content: Goals
Televisa will continue to focus on strengthening its content business
CONTENT
Increase volume and quality of our original content
Ongoing innovation in our formats and storylines
Strive for strong ratings across all genres
Expand our SVOD and AVOD platforms
4
Content: Solid results
Sales and OSI1 grew driven by rebound in volumes from the private sector
Content revenue increased by 13.4%
Operating Segment Income grew by 2.9%.
Revenue
Ps. in billions
9.1
8.0
3Q'20
3Q'21
OSI1
Ps. in billions
3.3
3.4
3Q'20
3Q'21
OCF2
Ps. in billions
3.0
2.9
3Q´20
3Q´21
5
1Operating segment income (OSI) is defined as operating income before corporate expenses, depreciation and amortization, and other expense
2Operating Cash Flow (OCF) is defined as Operating Segment Income minus capital expenditures
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Grupo Televisa SAB published this content on 01 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2021 20:48:20 UTC.
Grupo Televisa, S.A.B. is a media company, cable operator in Mexico and an operator of a direct-to-home (DTH) satellite pay television system in Mexico. The Company operates through four segments: Content, Sky, Cable and Other Businesses. The Content segment includes Advertising, Network Subscription, and Licensing and Syndication. The Sky segment includes DTH broadcast satellite pay television services in Mexico, Central America and the Dominican Republic. The Cable segment includes the operation of a cable multiple system in the Mexico City metropolitan area; the operation of telecommunication, and the operation of a cable multiple system. The Other Businesses segment includes its domestic operations in sports and show business promotion, soccer, feature film production and distribution, gaming, radio, publishing and publishing distribution. The Company distributes the content it produces through various broadcast channels in Mexico and in approximately 50 other countries.