Welcome to our dedicated page for Grupo Televisa SEC filings (Ticker: TV), 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.A.B. filings document a Mexican foreign private issuer with telecommunications operations centered on a Telecom segment that combines Cable and Sky activities. Form 6-K reports and annual Form 20-F materials disclose IFRS financial statements, management commentary, residential, satellite and enterprise revenue categories, network investment, subscriber metrics, operating segment income, cash flow, credits, derivatives and foreign-currency positions.
The filings also cover Televisa's government concessions for broadcast signals, its ownership position in TelevisaUnivision, credit rating actions, debt and capital-structure disclosures, shareholder meeting materials, board composition, securities ownership notices and Mexican market communications related to trading activity.
Grupo Televisa, S.A.B. filed its Form 20‑F annual report detailing 2025 results, capital structure and extensive Mexico-related risk factors.
For 2025, revenues were U.S.$3,268 million (Ps.58,878 million) and the company recorded a net loss of U.S.$496 million from continuing operations. Cash and short‑term investments totaled U.S.$2,165 million, against long‑term debt of U.S.$4,566 million and current debt of U.S.$207 million. Capital expenditures reached U.S.$676 million.
Televisa reports 311,115 million shares outstanding as of December 31, 2025, continues an ordinary dividend policy of Ps.0.35 per CPO with 2025 approval of up to Ps.1,019.0 million, but the Board did not propose a 2026 dividend to prioritize telecom opportunities and deleveraging. The filing also highlights significant regulatory changes in Mexican telecom and antitrust regimes and detailed macroeconomic, political, labor and cybersecurity risks.
Grupo Televisa reported mixed first-quarter 2026 results. Telecom revenues fell 3.1% to Ps.14,512.5 million, as a 24.6% drop in Satellite Services more than offset modest growth of 0.9% in Residential and a strong 30.0% increase in Enterprise revenues.
Profitability improved sharply. Operating segment income rose 5.2% to Ps.6,001.2 million, lifting margin to 41.4% from 38.1% thanks to efficiency measures and lower corporate and other expenses. Net income attributable to stockholders jumped to Ps.1,031.9 million from Ps.319.8 million, helped by higher income from associates, especially TelevisaUnivision, and lower income taxes.
Finance expense, net, increased to Ps.(1,637.6) million, largely due to a loss in the fair value of derivatives and lower interest income. Televisa invested U.S.$141.9 million in capital expenditures and modestly reduced total debt and lease liabilities to Ps.88,557.8 million while maintaining a sizable cash and investment position.
Grupo Televisa director Denise Maerker Salmon exercised derivative awards for 565,084 CPOs at $0.09 per CPO and then sold the same 565,084 CPOs at a volume‑weighted average price of $0.58 on March 27, 2026, leaving no CPO holdings reported after these transactions.
Grupo Televisa’s major shareholder Emilio Fernando Azcárraga Jean reports beneficial ownership of 67,417,116,707 Shares, representing 19.8% of the company’s share capital across Series A, B, Dividend Preferred (D) and Series L shares.
On April 1, 2026, he completed the sale of certain Acquired Shares to AAN and BGM for Ps. 1,926,303,610 in cash under a previously signed Transaction Agreement. A large portion of his holdings carries Special Voting Rights tied to that agreement, indicating continued significant influence over the company’s voting power despite the sale.
Grupo Televisa, S.A.B. shareholder Bernardo Gomez Martinez filed an amended Schedule 13D reporting beneficial ownership of 18,226,505,907 Shares, representing 5.35% of the outstanding equity across several share classes.
The position includes 14,247,435,527 A Shares, 951,516,830 B Shares, 1,513,776,775 D Shares and 1,513,776,775 L Shares, based on outstanding figures as of March 31, 2025. On April 1, 2026, he completed the acquisition of the referenced Shares for cash consideration of Ps. 963,151,805 pursuant to a Transaction Agreement.
Alfonso de Angoitia Noriega, a major shareholder of Grupo Televisa, S.A.B., filed an amended Schedule 13D after completing a cash acquisition of additional shares on April 1, 2026.
He now beneficially owns 18,212,604,435 Shares, representing 5.35% of the outstanding share capital. This includes 14,244,465,127 A Shares (12.0% of A Shares), 948,902,878 B Shares (1.7% of B Shares), 1,509,618,215 D Shares (1.8% of D Shares) and 1,509,618,215 L Shares (1.8% of L Shares), based on the issuer’s reported outstanding amounts as of March 31, 2025.
The acquisition of the “Acquired Shares” was completed for available cash on hand totaling Ps. 963,151,805 under a Transaction Agreement. Televisa’s Shares trade in Mexico through certificados de participacion ordinarios (CPOs) and in the U.S. through global depositary shares.
GRUPO TELEVISA, S.A.B. executive Valim Francisco filed an initial ownership report showing indirect holdings of CPO-related awards through a Long-Term Retention Plan. The filing lists four derivative positions over CPOs with exercise prices of $0.96 and $0.09 per CPO and expirations between 2029 and 2031, without recording any explicit purchases or sales.
GRUPO TELEVISA, S.A.B. corporate VP of Finance Carlos Phillips Margain filed an initial ownership report showing indirect interests in Certificados de Participacion Ordinarios (CPOs) held through a Long-Term Retention Plan. The filing lists several derivative awards over CPOs with different exercise prices and maturities.
The positions cover underlying CPOs in blocks of 20,020, 210,240, 923,368 and 1,671,310 CPOs, with exercise prices ranging from $0.09 to $2.14 per CPO and expiration dates from April 2026 through April 2031. Each CPO represents baskets of Series A, B, L and D shares.
GRUPO TELEVISA, S.A.B. director Sebastian Mejia Barberena has filed an initial ownership report as a director. The information provided shows no reported transactions in issuer securities, indicating this filing serves as a baseline disclosure of his status as an insider without detailing any trades.
GRUPO TELEVISA, S.A.B. director Salvi Rafael Folch Viadero filed an initial ownership report showing an indirect position in the company’s CPOs through a Stock Purchase Plan for Directors.
The filing lists 277,500 CPOs held in the plan, with an exercise price of $0.09 per CPO. Each CPO represents specific numbers of underlying Series A, B, L and D shares of Grupo Televisa. A trust administers the plan and, at vesting, will sell a portion of these CPOs at Ps.1.60 per CPO to pay the purchase price, delivering the remaining CPOs to the director. The reported exercise price was converted to U.S. dollars using an exchange rate of 17.8874 Mexican pesos per U.S. dollar.