October 24, 2019 / 11:24 PM / 23 days ago

Mexico's Televisa posts 23% drop in 3rd-quarter profit

MEXICO CITY, Oct 24 (Reuters) - Mexico’s Grupo Televisa reported a third-quarter net profit of 755.2 million pesos ($38.3 million) on Thursday, down by nearly 23% compared to the same period last year.

Televisa is Mexico’s largest broadcaster and the world’s biggest producer of Spanish-language video content. ($1 = 19.7205 pesos at end of September) (Reporting by Diego Ore)

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