Mexico's Televisa swings to $49 million profit in Q3

By Reuters News

- Mexican broadcaster Grupo Televisa TLEVISACPO.MX, the world's largest producer of Spanish-language content, on Thursday posted a swing to a third-quarter net profit of 882.7 million Mexican pesos ($48.82 million), from a loss of 1.93 billion pesos in the same period a year earlier.

Quarterly revenues shrunk 3.8% to 14.08 billion pesos.


($1 = 18.0808 pesos at end-September)

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