GRUPO
TELEVISA ACQUIRES EDITORIAL ATLANTIDA, S.A.
Mexico
City, August 20, 2007 – Grupo Televisa, S.A.B. (“Televisa”; NYSE:TV; BMV:TLEVISA
CPO), today announced that Editorial Televisa, S.A. de C.V., has signed an
agreement to acquire 99.9% of the shares of Editorial Atlantida, S.A.
(“Atlantida”), the leading magazine publishing company in
Argentina.
Atlantida’s
magazine publishing business had an annual circulation of 12.8 million copies
in
2006. Its magazine portfolio includes leading brands such as Gente, the premier
weekly lifestyle and entertainment magazine, Para Ti, the premier weekly
beauty
and fashion women’s magazine, and Billiken, the premier weekly children’s
magazine. Atlantida publishes a total of eleven magazines and operates a
book
publishing business, interactive websites, and numerous brand-extension
projects.
Mr.
Constancio Vigil, the grandson of Atlantida’s founder, has more than 40 years of
experience in the publishing and media businesses. He will remain as active
member of the board and strategic counsel for Editorial Televisa.
Editorial
Televisa has had a presence in Argentina for the past 29 years, distributes
22
magazines and has a total annual circulation of 3.2 million copies. With
the
Atlantida acquisition, Editorial Televisa will enhance its activities in
Argentina and strengthen its position as the world’s leading Spanish-language
publishing company.
Closing
of the transaction remains subject to certain conditions.
Grupo
Televisa, S.A.B., 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 has a combined market share
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, gaming, and the operation of a horizontal internet
portal. Grupo Televisa also owns an unconsolidated equity stake in La Sexta,
a
free-to-air television venture in Spain.
###
Investor
Relations
Contacts: Media
Relations Contacts:
Michel
Boyance
Manuel Compeán
Alejandro
Eguiluz
Tel: (5255) 5728 3815
María
José
Cevallos
Fax: (5255) 5728 3632
Tel:
(5255)
5261-2445
mcompean@televisa.com.mx
Fax:
(5255)5261-2494
http://www.televisa.com
ir@televisa.com.mx
http://www.televisa.com
http://www.televisair.com
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.
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GRUPO
TELEVISA, S.A.B.
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(Registrant)
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Dated
August 20, 2007
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By:
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/s/
Jorge
Lutteroth
Echegoyen
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Name:
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Jorge
Lutteroth
Echegoyen
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Title:
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Controller,
Vice
President
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