Tv Azteca, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 23, 2021 at 06:31 pm EST
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TV Azteca, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 3,912 million compared to MXN 4,082 million a year ago. Operating income was MXN 1,192 million compared to MXN 958 million a year ago. Net income was MXN 1,344 million compared to MXN 1,132 million a year ago. For the full year, sales was MXN 10,725 million compared to MXN 12,814 million a year ago. Operating income was MXN 663 million compared to MXN 1,525 million a year ago. Net loss was MXN 2,218 million compared to net income of MXN 1,050 million a year ago.
TV Azteca SAB de CV (TV Azteca) is a Mexico-based company engaged in the production, broadcasting, marketing of free-to-air television shows and selling advertising spots. The Company operates four national networks through around 460 digital transmitters throughout Mexico that air diverse programming genres, such as live entertainment, reality, sports, musical, variety and talent shows, series and newscasts in Spanish. The Company owns one Mexican first-division soccer team, and the TV Azteca Digital platform. In addition, it operates a fiber optic network in Peru. Some of its content is aired in the United States, Canada, Latin America, and Europe through broadcast or pay TV systems, and it also has been exported to more than 100 countries. TV Azteca has strategic alliances with different content providers for the broadcasting of TV shows and movies.
TV AZTECA, S.A.B. DE C.V. 
