Televisa Quarterly Profit Rises Slightly on Content, Ad Sales

Devious Maids
Sunday, June 23
10 p.m. on Lifetime

Desperate Housewives mastermind Marc Cherry takes his telenovela adaptation about four (devious!) maids to Lifetime.

Mexico's top network earned $317 million in royalties from its stateside partner Univision for the full year.

Mexican media company Televisa on Thursday reported a fourth-quarter net profit of 2.5 billion pesos (about $170 million), up 1.6 percent from a year ago.

Net sales came in at 24 billion pesos for the period, representing a 12 percent increase. Revenue growth was driven by solid sales in content and advertising.

Televisa provides Univision with the bulk of its primetime content, a business that has becomes increasingly more profitable in recent years. Last year Televisa earned $317 million in royalties from Univision, nearly a 15 percent rise compared to 2013.

Additionally, the nation's dominant broadcaster continues to see growing subscriber bases in its pay TV division: Sky Mexico currently has more than 6.6 million clients, while Televisa's multiple cable outfits pull in 6.9 million subscribers.

Televisa is the world's leading producer of Spanish-language content, and it's making a strong push into original scripted fare in English. Under its stateside operation, Televisa USA, the company has co-produced ABC Family's Chasing Life and Lifetime's Devious Maids.