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Mexico's Televisa Reaches Content Licensing Agreement With Netflix

MEXICO CITY -(Dow Jones)- Mexican broadcast and telecommunications company Grupo Televisa SAB (TV, TLEVISA.MX) said Tuesday it has reached a licensing agreement to provide content for online movie and television provider Netflix Inc. (NFLX). Televisa, Mexico's leading television company with four nationwide broadcast channels, the country's biggest satellite TV service and large cable holdings, said the multi-year accord will give Netflix non-exclusive access to nearly 3,000 hours a year of soap operas, television series and entertainment programming, which will be available one year after being broadcast. Televisa is the world's biggest producer of Spanish-language television programming. The company said the agreement will increase the availability of its content in Latin America, Brazil and the Caribbean, where Netflix plans to launch its subscription service toward the end of this year. The agreement excludes the U.S. Netflix, based in Los Gatos, Calif., said earlier this month that it plans to bring its service to 43 countries in Latin America and the Caribbean, including Mexico, this year. -By Anthony Harrup, Dow Jones Newswires; (5255) 5980-5176; anthony.harrup@dowjones.com

Stock News for Telvisa (TV)
DateTimeHeadline
04/04/201320:26:22Mexican Antitrust Agency Confirms America Movil's Dominance in...
01/30/201319:08:09Mexican Phone Company Axtel Launches Television Service
01/22/201318:53:41Mexico Cable-TV Industry Group Sees Subscriber Growth of 7% This...
12/06/201215:32:21America Movil Renews Criticism of OECD Report on Mexico
11/06/201214:52:09America Movil Launches 4G LTE Mobile Service in Mexico
11/01/201221:23:09Mexican Telecoms Watchdogs to Analyze Asymmetric Regulation
10/25/201212:29:49Televisa Sees Need for More Capital at Mobile Company Iusacell
09/21/201211:13:13DirecTV CEO Doubts Room To Boost Stake In Mexico Joint Venture
07/10/201211:34:42As Televisa Upgrades Revenue Outlook, FX Volatility Contains...
06/18/201210:28:15Televisa Accepts Antitrust Conditions on Stake in Iusacell
06/14/201217:11:13ADR Report: Shares Higher on Chatter Ahead of Greek Election
06/13/201213:59:17Spain's Telefonica, Mexico's Iusacell in Network-Sharing Pact
06/13/201211:35:09Mexico Stocks, Peso Mixed on U.S. Data, Europe Debt
03/07/201218:19:08Mexico's MVS Slams Televisa Over Shelved Broadband Project
01/13/201217:29:30ADR Report: Shares Fell As Market Anticipated Ratings Cuts By...
12/14/201110:48:34Mexico's Televisa To Swap La Sexta Stake For Stake In Imagina
12/06/201110:51:19Mexican Mobile Companies End Legal Disputes Over Spectrum
11/07/201113:08:36Mexico's TV Azteca Plans To Offer Telecom Services In Colombia
09/15/201117:06:13Mexico Stocks Close Higher On Boost From ECB Liquidity Accord
07/26/201117:51:14Mexico's Televisa Reaches Content Licensing Agreement With Netflix

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