Grupo Televisa (TV) insiders agree to buy 26.3B Series A shares from Azcárraga

Rhea-AI Filing Summary

Grupo Televisa, S.A.B. reports that its key executives Emilio Azcárraga Jean, Bernardo Gómez Martínez and Alfonso de Angoitia Noriega entered into an agreement for a significant internal share transfer. Under this agreement, Mr. Gómez and Mr. de Angoitia agreed to purchase, in equal parts, a minority stake in the Company consisting of 26,332,332,804 Series “A” shares from Mr. Azcárraga. The completion of this transaction is not yet final and is subject to customary conditions precedent, including authorization by the Mexican Antitrust Commission (Comisión Nacional Antimonopolio).

Televisa describes itself as a major telecommunications group in Mexico, operating one of the country’s most important cable companies and the Sky direct-to-home satellite pay television and broadband platform. It also holds government concessions to broadcast programming for TelevisaUnivision signals and remains the largest shareholder of TelevisaUnivision, which distributes Spanish-language content in Mexico, the United States and over 50 countries.

Insights

Corporate governance and capital structure analyst

Large internal Televisa share transfer may shift influence among top executives but remains subject to antitrust approval.

The agreement for Mr. Bernardo Gómez Martínez and Mr. Alfonso de Angoitia Noriega to acquire, in equal parts, a minority stake of 26,332,332,804 Series “A” shares from Mr. Emilio Azcárraga Jean represents a substantial reallocation of ownership among Televisa’s top leadership. Because this is a transfer between existing insiders, it does not introduce a new external shareholder but may rebalance relative influence within the existing control group.

The closing is expressly conditioned on several customary precedent conditions, including authorization from the Mexican Antitrust Commission (Comisión Nacional Antimonopolio). Until these approvals and conditions are satisfied, the transaction remains pending and ownership does not change. Future company communications after the antitrust decision and closing, if completed, may clarify any governance or strategic implications of this internal stake transfer.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULES 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2026

Commission File Number: 001-12610

GRUPO TELEVISA, S.A.B.

(Translation of registrant’s name into English)

Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico

(Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)

Form 20-F ☒ Form 40-F ☐ 

Investor Relations PRESS RELEASE

Grupo Televisa informs

Mexico City, January 5, 2026 - Grupo Televisa, S.A.B. ("Televisa" or the "Company"; NYSE:TV; BMV:TLEVISA CPO) informs that Messrs. Emilio Azcárraga Jean, Bernardo Gómez Martínez and Alfonso de Angoitia Noriega, notified the Company that they executed an agreement under which Mr. Gómez and Mr. de Angoitia  agreed to purchase from Mr. Azcárraga, in equal parts, a minority stake in the Company of 26,332,332,804 Series "A" shares. 

The closing of the abovementioned transaction is subject to the satisfaction of several conditions precedent that are customary in these type of transactions, including the authorization of the Mexican Antitrust Commission (Comisión Nacional Antimonopolio).

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About Televisa

Grupo Televisa S.A.B. (“Televisa”) is a major telecommunications corporation which owns and operates one of the most significant cable companies as well as a leading direct-to-home satellite pay television system in Mexico. Televisa’s cable business offers integrated services, including video, high-speed data and voice to residential and commercial customers as well as managed services to domestic and international carriers. Televisa owns Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico. Televisa holds a number of concessions by the Mexican government that authorizes it to broadcast programming over television stations for the signals of TelevisaUnivision, Inc. (“TelevisaUnivision”), and Televisa’s cable and DTH systems. In addition, Televisa is the largest shareholder of TelevisaUnivision, a leading media company producing, creating, and distributing Spanish-speaking content through several broadcast channels in Mexico, the US and over 50 countries through television networks, cable operators and over-the-top or “OTT” services.

Disclaimer

This press release contains forward-looking statements regarding the Company’s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors described in “Item 3. Key Information – Forward-Looking Statements” in the Company’s Annual Report on Form 20-F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

Investor Relations

www.televisair.com.mx

Tel: (52 55) 5261 2445

Rodrigo Villanueva, VP, Head of Investor Relations / rvillanuevab@televisa.com.mx

Andrés Audiffred, Investor Relations Director / aaudiffreda@televisa.com.mx

Nicolás Espinoza, Investor Relations Manager / nespinozam@televisa.com.mx

Media Relations

Rubén Acosta / Tel: (52 55) 5224 6420 / racostamo@televisa.com.mx

Alejandra García / Tel: (52 55) 4438 1205 / agarcial@televisa.com.mx

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		GRUPO TELEVISA, S.A.B.
		(Registrant)
Date: January 6, 2026		By:		/s/ Luis Alejandro Bustos Olivares
		Name:		Luis Alejandro Bustos Olivares
		Title:		Legal Vice President and General Counsel

FAQ

What ownership change did Grupo Televisa (TV) disclose in this report?

Grupo Televisa disclosed that Messrs. Bernardo Gómez Martínez and Alfonso de Angoitia Noriega agreed to purchase, in equal parts, a minority stake in the Company made up of 26,332,332,804 Series “A” shares from Mr. Emilio Azcárraga Jean.

Who are the parties involved in the Televisa insider share purchase agreement?

The agreement is between Emilio Azcárraga Jean as the selling shareholder and Bernardo Gómez Martínez and Alfonso de Angoitia Noriega as the purchasers, each agreed to acquire half of the specified Series “A” shares.

Is the Televisa (TV) insider share transaction already completed?

No. Televisa states that the closing of the transaction is subject to the satisfaction of several conditions precedent that are customary for this type of deal, including approval by the Mexican Antitrust Commission.

What regulatory approval is required for the Televisa internal share transfer?

The transaction requires authorization from the Mexican Antitrust Commission (Comisión Nacional Antimonopolio) as one of the conditions precedent before it can be completed.

How does Televisa describe its core businesses in this filing?

Televisa describes itself as a major telecommunications corporation that owns one of Mexico’s most significant cable companies and the Sky direct-to-home satellite pay television and broadband system, and as the largest shareholder of TelevisaUnivision, a leading Spanish-language media company.

Does this Televisa (TV) report contain any forward-looking statements?

Yes. Televisa notes that the communication contains forward-looking statements regarding its results and prospects, and cautions readers that actual results could differ materially, referring to risk factors discussed in its Form 20-F.