Televisa´s Net Rises

Mexico’s largest media company Televisa posted a net profit $119 in the second quarter, soaring 165 percent year-on-year. Revenue was up 6 percent to $734 million. The company attributed the strong results to growing revenue from its satellite TV services. Televisa had a hefty debt load of $7.1 billion at the end of June, though that figure was down over $1 billion from a year earlier.