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 October, 2005
GRUPO TELEVISA, S.A.
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(Translation of registrant's name into English)
Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico, D.F.
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(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 X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)
Yes No X
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(If "Yes" is marked indicate below the file number assigned to the
registrant in connection with Rule 12g-3-2(b): 82 .)
Press Release
[LOGO - GRUPO TELEVISA, S.A.] FOR IMMEDIATE RELEASE
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GRUPO TELEVISA TO PARTICIPATE IN A PUBLIC BID TO OBTAIN
FREE-TO-AIR TELEVISION CONCESSION IN SPAIN
Mexico City, October 17, 2005--Grupo Televisa, S.A. ("Televisa"; NYSE:TV;
BMV:TLEVISA CPO), today announced that it will participate in a consortium
that has presented a proposal to the government of Spain to obtain a
concession for a free-to-air television channel in Spain ("the
Concession"). Televisa will have a 40% participation interest in this
consortium and a group of Spanish investors led by Grupo Arbol and Mediapro
will own 60%.
The Concession includes the allocation of one analogue channel and two
digital channels with national coverage, which will be transformed into
four digital channels by 2010, at which time analogue transmissions are
expected to switch-off in Spain. According to the terms and conditions of
the bid guidelines published by the government of Spain on July 30, 2005,
the Concession is expected to be granted no later than December 2, 2005. No
payment is required to obtain the Concession.
Grupo Arbol and Mediapro, which are in an integration process, are content
production and audiovisual service companies, respectively, and are the
main suppliers of prime-time content and production services for
free-to-air television channels in Spain. These two companies will form the
largest television content production company in Spain and second largest
in Europe, with combined sales of close to U.S.$400 million and
approximately 1,800 employees. Their main activities include content
production for television, movies, pay television channels, purchase of
sporting and movie transmission rights, digital production services,
technical services and consulting. Grupo Arbol and Mediapro bring an
experienced management team in Spanish television to lead this project.
Spain's GDP has grown 3.7% per year on average during the last ten years,
resulting in one of the fastest growing economies in the European Union.
The Spanish advertising market is valued at approximately (euro)6.1 billion
euros, of which close to (euro)2.7 billion euros, or 44% are allocated to
the television industry. The television advertising market in Spain is one
of the most dynamic and profitable in Europe and has grown 7.6% per year
during the last three years. Spain presents an attractive investment
opportunity for Televisa given its size, growth potential, and synergies in
the production and distribution of content.
This transaction is subject to execution of definitive documentation,
closing conditions, and obtaining any applicable regulatory approvals.
There is no assurance that the Concession will be granted to the consortium
mentioned above.
Grupo Televisa, S.A., is the largest media company in the Spanish-speaking
world and a major participant in the international entertainment business.
It has interests in television production and broadcasting, production of
pay television networks, international distribution of television
programming, direct-to-home satellite services, publishing and publishing
distribution, cable television, radio production and broadcasting,
professional sports and live entertainment, feature film production and
distribution, and the operation of a horizontal internet portal. Grupo
Televisa also owns an unconsolidated equity stake in Univision, the leading
Spanish-language media company in the United States.
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CONTACTS:
INVESTOR RELATIONS:
Michel Boyance/Alejandro Eguiluz
Grupo Televisa, S.A.
Av. Vasco de Quiroga No. 2000
Colonia Santa Fe
01210 Mexico, D.F.
(5255) 5261-2000
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.
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(Registrant)
Dated: October 19, 2005 By /s/ Jorge Lutteroth Echegoyen
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Name: Jorge Lutteroth Echegoyen
Title: Controller, Vice-President