0
Video

TV Azteca sales up 8% in Q1, narrows net loss to MXN 281 mln

Wednesday 28 April 2021 | 15:28 CET | News
Mexican broadcaster and content producer TV Azteca reported an 8 percent year on year rise in revenues to MXN 2.46 billion in the first quarter of 2021, due mainly to the low comparison base of Q1 2020. The company said it was still feeling the effects of the pandemic and resulting economic impact, with revenues well below levels prior to the health crisis. However, strict content production budgeting and extraordinary costs reductions resulted in a positive EBITDA of MXN 610 million in the January to March period compared to a negative MXN 273 million a year earlier.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Broadcast & Satellite
Companies: Azteca Comunicaciones / TV Azteca
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mexico's TV Azteca granted 170MHz of spectrum for 5G broadcast trials

Published 17 Nov 2021 12:08 CET | Mexico
Mexican telecommunications regulator IFT has granted broadcaster TV Azteca (Grupo Salinas) permission to use 170MHz of ...

TV Azteca channels added to Amazon Prime Video in Mexico

Published 30 Aug 2021 10:49 CET | Mexico
Amazon said it has reached an agreement with broadcaster and content producer TV Azteca to add six of the latter's channels to ...

Peru's MTC cancels Azteca fibre backbone concession

Published 15 Jul 2021 11:21 CET | Peru
Peru's transport and communications ministry (MTC) has confirmed the cancellation of a contract concession awarded to Mexico's ...

TV Azteca secures Mexican baseball broadcast rights

Published 19 May 2021 11:48 CET | Mexico
Mexican broadcaster and content producer TV Azteca has reached an agreement with the Mexican Baseball League (LMB) to air all ...

Spotify LatAm launches 'Ruta Diaria' news and music playlists

Published 16 Apr 2021 13:51 CET | Latin America
Spotify has announced the launch of a new dedicated playlist for drivers that incorporates brief news podcasts along with ...

TV Azteca and Nokia team up for Mexico 5G broadcasting trial

Published 25 Mar 2021 08:50 CET | Mexico
Mexican broadcaster and content producer TV Azteca and Nokia have completed a trial of video transmission use cases using 5G ...

Peru's MTC postpones decision on Azteca fibre backbone to July

Published 17 Mar 2021 12:03 CET | Peru
Peru's transport and communications ministry (MTC) said it will finally decide on whether to allow Mexico's Azteca Comunicaciones ...

Mexico's Grupo Salinas sets up Azteca Estudios production unit

Published 18 Feb 2021 13:49 CET | Mexico
Mexican conglomerate Grupo Salinas, owner of triple-play operator Totalplay and broadcaster TV Azteca, has announced the creation ...

Mexico's TV Azteca adds content to Huawei Video platform

Published 16 Dec 2020 12:18 CET | Latin America
Mexican broadcaster and content producer TV Azteca announced a deal to add its original productions to the Huawei Video streaming ...

Mexico's TV Azteca using Xandr Monetize for Tubi ads

Published 11 Dec 2020 11:28 CET | Mexico
Mexican broadcaster and content producer TV Azteca has adopted the Xandr Monetize platform to managed ads on Fox's AVOD service ...

TV Azteca sales down 14% on ongoing Covid impact in Q3, narrows loss

Published 29 Oct 2020 14:17 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 14 percent year on year decline in revenues to MXN 2.49 billion in ...

TV Azteca Q2 sales plunge 31% on Covid impact

Published 27 Jul 2020 09:37 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 31 percent year on year decline in revenues to MXN 1.86 billion in ...

Mexico's TV Azteca to run 5G broadcast tests

Published 21 Jul 2020 14:31 CET | Mexico
Mexican broadcaster TV Azteca (Grupo Salinas) will be conducting pilots of 5G-based broadcast technology later this year after ...

Azteca studying Peru fibre backbone counterproposal

Published 23 Jun 2020 11:37 CET | Peru
Peru's transport and communications ministry (MTC) has finally replied to the request submitted by Mexico's Azteca Comunicaciones ...