About Grupo Televisa S.A.B. Common Stock
Grupo Televisa, S.A.B., simply known as Televisa, is a Mexican telecommunications and broadcasting company and the largest in Hispanic America. A major Hispanic American mass media corporation, it often presents itself as the largest producer of Spanish-language content. In April 2021, Televisa announced that they would sell the company's media and entertainment assets to Univision Communications, which would form a new company to be known as TelevisaUnivision. The transaction was completed on 31 January 2022, with Televisa owning a 45% stake of the company.