Welcome to our dedicated page for Grupo Televisa S SEC filings (Ticker: GRPFF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Grupo Televisa’s SEC filings document a foreign private issuer with telecommunications operations in Mexico and securities reporting through Form 6-K current reports and Form 20-F status. The filings describe its Telecom segment, Cable and Sky integration, Residential, Satellite and Enterprise revenue categories, and services that include high-speed data, video, mobile, voice and managed enterprise telecommunications.
Regulatory disclosures include IFRS quarterly financial information, audited consolidated financial statements, management commentary, segment information, debt and credit breakdowns, foreign-currency positions, derivative instruments, product revenue details, credit rating actions, stockholder-meeting materials and ownership-related events involving Series A shares. The filings also describe Mexican concessions tied to TelevisaUnivision signals and the company’s role as the largest shareholder of TelevisaUnivision.
Bernardo Gómez Martínez, Co-CEO of Grupo Televisa, reports beneficial ownership of 18,226,505,907 shares, representing 5.35% of the company’s share capital. This includes 14,247,435,527 Series A shares, 951,516,830 Series B shares, 1,513,776,775 dividend preferred shares, and 1,513,776,775 Series L shares, based on outstanding share counts as of March 31, 2025. On January 5, 2026, he agreed to pay Ps. 963,151,805 in cash to acquire 13,166,166,402 Series A shares from a trust for the benefit of Emilio Fernando Azcárraga Jean under a transaction agreement. The agreement grants Azcárraga, through his trust, specific voting rights over these acquired shares and certain CPOs for board appointments, and establishes mutual rights of first refusal on future share or CPO transfers, subject to Mexican regulatory approval and other closing conditions.
Grupo Televisa’s controlling shareholder Emilio Fernando Azcárraga Jean updated his beneficial ownership and governance arrangements. He reports beneficial ownership of 67,417,116,707 Shares, representing 19.8% of 340,621,798,257 outstanding Shares as of March 30, 2025, across Series A, B, Dividend Preferred (D) and Series L Shares.
On January 5, 2026, Azcárraga and the Azcárraga Trust signed a Transaction Agreement with Alfonso de Angoitia Noriega and Bernardo Gómez Martínez. Azcárraga agreed to sell 13,166,166,402 A Shares to each of them (26,332,332,804 A Shares in total) for an aggregate purchase price of Ps.1,926,303,610. Despite this sale, the agreement grants Azcárraga, through the Azcárraga Trust, Special Voting Rights over the Acquired Shares and specified CPOs regarding Televisa’s board appointments, removals and ratifications, while AAN and BGM retain other voting rights. The deal includes mutual rights of first refusal and is subject to required regulatory approval in Mexico.
Grupo Televisa reports that Fitch Ratings downgraded its Long-Term Foreign and Local Currency Issuer Default Ratings to ‘BB+’ from ‘BBB-’, moving the company out of investment grade into speculative grade. Fitch also lowered Televisa’s National Long-Term Rating and local currency senior unsecured debt ratings to ‘AA (mex)’ from ‘AA+(mex)’. The Rating Outlook on both sets of ratings is described as Stable, indicating Fitch does not currently anticipate further near-term changes based on its existing analysis.
Grupo Televisa, S.A.B.: Eduardo Tricio Haro filed a Schedule 13D reporting beneficial ownership of 24,053,316,300 Shares, representing 7.7% of the company. He reports sole voting and dispositive power over these securities.
The stake is held via 205,583,900 CPOs, which comprise 5,139,597,500 A Shares, 4,522,845,800 B Shares, 7,195,436,500 D Shares, and 7,195,436,500 L Shares. He used approximately MXP$1,929,059,500 to acquire 204,965,000 CPOs, and received an additional 618,900 CPOs for service on the board.
The filing states a strategic investment purpose, with flexibility to buy or sell securities, and potential monetization through derivatives or pledging. Shares outstanding were 312,120,700,000 as of September 30, 2025; this is a baseline figure, not the amount being reported as beneficially owned.
Dodge & Cox filed an amended Schedule 13G (Amendment No. 10) reporting its beneficial ownership in Grupo Televisa, S.A.B. (TV) as of 10/31/2025.
The firm reports beneficial ownership of 1,155,686 CPOs and 0 Global Depositary Shares, representing 0.0% of the class. Dodge & Cox has sole power to vote and dispose of these CPOs. The filing indicates “Ownership of 5 percent or less of a class,” reflecting a sub‑5% position.
Dodge & Cox certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Dodge & Cox filed an amended Schedule 13G/A reporting beneficial ownership of 64,837,770 Grupo Televisa, S.A.B. securities, representing 13.6% of the class as of September 30, 2025. The position consists of 3,145,400 CPOs and 64,208,690 Global Depositary Shares.
Dodge & Cox reported sole voting power over 62,379,470 and sole dispositive power over 64,837,770. The filing states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control. Clients of Dodge & Cox have the right to receive dividends and sale proceeds. Dodge & Cox International Stock Fund holds an interest of 46,380,780, or 9.7%, of the class.
Grupo Televisa (TV): Gabelli-affiliated investors filed a Schedule 13D reporting beneficial ownership of 29,129,082 Global Depositary Shares (GDS), equal to 5.46% of the class. The filing covers positions held across entities including GAMCO Asset Management and Gabelli Funds. Each GDS represents five CPOs.
The group reports using an aggregate of approximately $112,709,813 to acquire these securities across various client and proprietary accounts. The 5.46% figure is based on 533,500,000 GDS outstanding as of September 30, 2025. The investors state they purchased the shares for investment, may engage in discussions with management, and do not intend to seek control, while reserving the ability to buy or sell depending on their assessments.
Grupo Televisa reported that director Eduardo Tricio Haro disclosed the acquisition of securities representing approximately 7.2% of the Company’s capital stock, in line with Article 110 of Mexico’s Securities Market Law. He also communicated that he has no intention to acquire “significant influence” over the Company.
The Company noted unusual trading volume in securities identified as TLEVISA CPO on the same day and stated it is not aware of the reasons for these market movements. Apart from the director’s disclosure, the Company said it is not aware of transactions by shareholders, directors, relevant officers, or through its share repurchase program that may have caused the activity.
Grupo Televisa, S.A.B. reported third‑quarter 2025 results. Revenues decreased by 4.8% to Ps.14,627.0 million, mainly due to weakness in Sky. Operating segment income was Ps.5,677.1 million with a higher margin of 38.5%. Operating income improved to Ps.928.8 million from Ps.364.7 million a year ago.
The Company recorded a net loss attributable to stockholders of Ps.1,932.5 million versus income of Ps.666.5 million in 3Q’24, driven primarily by a non‑cash write‑off of deferred tax assets of Ps.2,658.2 million and higher income taxes. Finance expense, net, improved by Ps.583.9 million to Ps.675.4 million, reflecting lower interest expense and favorable FX.
By segment, Cable revenue was flat, while Sky declined 18.2% on RGU losses. Capital expenditures were U.S.$196.1 million (Ps.3,656.6 million). Total debt fell to Ps.87,061.1 million from Ps.102,955.2 million, with consolidated net debt at Ps.50,086.3 million as of September 30, 2025.
Grupo Televisa (TV) reported third-quarter 2025 results under IFRS. Revenues were Ps.14,627.0 million, down 4.8% year over year, as a decline at Sky offset flat Cable. Operating segment income was Ps.5,677.1 million (down 0.7%), with a 38.5% margin.
Despite higher operating income and lower finance expense, the company posted a net loss attributable to stockholders of Ps.1,932.5 million, versus income of Ps.666.5 million a year ago, primarily due to Ps.2,837.1 million higher income taxes that included a non-cash write-off of a deferred tax asset of Ps.2,658.2 million. Income before taxes rose to Ps.1,096.4 million.
Cable revenues were Ps.11,679.8 million (flat), while Sky fell 18.2% to Ps.3,051.0 million. Finance expense, net improved to Ps.675.4 million (better by Ps.583.9 million). Capital expenditures were U.S.$196.1 million (Ps.3,656.6 million). Total debt decreased to Ps.87,061.1 million from Ps.102,955.2 million, and consolidated net debt was Ps.50,086.3 million as of September 30, 2025.