MEXICO CITY, Nov 11- Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world's richest man. The youngest, deeply Catholic Patrick, part-financed a film about the 1920 s Cristero War, which...
MEXICO CITY, Oct 22- Mexico's Grupo Televisa swung to a quarterly profit from a year-ago loss, boosted by recent acquisitions in pay TV, though the company's advertising revenue fell. The broadcaster and Spanish-language content provider on Thursday said net profit in the July to September period was 6.546 billion pesos. The company's pay TV business just...
MEXICO CITY, Oct 20- Mexico's America Movil faces tough challenges across all its biggest markets with weak Latin American currencies, tougher regulation and new competition contributing to its first quarterly loss in almost 14 years. It also stepped up its rhetoric against regulations in Mexico. A 45 billion peso foreign exchange loss from tumbling Latin...
MEXICO CITY, Aug 25- America Movil said on Tuesday it is facing a Mexico regulatory probe into whether its fixed-line unit Telmex violated the terms of its concession, and whether it broke the law, dealing a blow to its television ambitions at home. The probe will come as a major blow to America Movil, which is owned by the family of billionaire Carlos Slim and was...
MEXICO CITY, July 2- Totalplay, the pay TV, Internet and fixed-line company owned by Mexican billionaire Ricardo Salinas, is considering participating in an upcoming tender for a $7 billion wholesale mobile network, the company's chief executive said on Thursday. The planned network, which is written into Mexico's constitution, will have use of valuable...
July 2- Univision Holdings Inc, the owner of Spanish language TV network Univision Network, filed for an initial public offering of Class A common stock in the United States. Univision also counts Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group among its investors. Morgan Stanley, Goldman...
Univision, the largest Spanish-language broadcaster in the U.S., is looking to raise over $1bn in an IPO. The FT reports.
Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.
Two media giants passed on buying Univision. But regular investors can still bet on the Spanish-language channel through Grupo Televisa.
Some of the names on the move ahead of the open.
'Instructions Not Included,' a Spanish-language film with English subtitles, generated $10 million in sales over the weekend, a record for a Spanish film in the US.
California officials are set to decide whether or not they will investigate an organization running a campaign against the world's richest man, Mexican telecom tycoon Carlos Slim.
Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.
Mexico's government has threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
The world’s largest Spanish language broadcaster is investing not only in new content but also readying for the multitude of new ways consumers will watch its programming, CEO Emilio Fernando Azcarraga Jean told CNBC’s “Squawk Box” on Monday.
MEXICO CITY, Oct 25- Mexico's main competition watchdog said on Thursday it had started an investigation into possible monopolistic practices in the country's mobile phone market, which is dominated by tycoon Carlos Slim. Slim's mobile phone company America Movil has about 70 percent of Mexico's market.
MEXICO CITY-- Mexican broadcaster Televisa says its profit rose 41.5 percent in the third quarter on the strength of gains from pay-TV subscribers. Grupo Televisa SAB is the world's largest producer of Spanish-language TV programs. It also owns Mexico's biggest television network.
Evidently Christmas came very, very early for retailers this year – in February!
Don't let the pundit-speak about "lagging indicator" or the market's move Friday fool you, the job market is crucial to the stock market right now.
Companies including TD Ameritrade, Coach and Turkey's Turkcell could be on Warren Buffett's radar, according to a quantitative screen by Standard & Poor's.