Grupo Televisa, S.A.B. Announces Executive Changes in Cable Division
November 29, 2017 at 04:23 pm EST
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Grupo Televisa, S.A.B. announced that Salvi Folch has been appointed interim Chief Executive Officer of Televisa's cable division, replacing Adolfo Lagos, who passed away unexpectedly. Mr. Folch joined the Company in 2000 and is currently Vice President of Strategic Planning at Televisa. Previously, he served as Chief Financial Officer of Grupo Televisa and has served as member of the Board of Directors since 2002.
Grupo Televisa, S.A.B. is a media company, cable operator in Mexico and an operator of a direct-to-home (DTH) satellite pay television system in Mexico. The Company operates through four segments: Content, Sky, Cable and Other Businesses. The Content segment includes Advertising, Network Subscription, and Licensing and Syndication. The Sky segment includes DTH broadcast satellite pay television services in Mexico, Central America and the Dominican Republic. The Cable segment includes the operation of a cable multiple system in the Mexico City metropolitan area; the operation of telecommunication, and the operation of a cable multiple system. The Other Businesses segment includes its domestic operations in sports and show business promotion, soccer, feature film production and distribution, gaming, radio, publishing and publishing distribution. The Company distributes the content it produces through various broadcast channels in Mexico and in approximately 50 other countries.