|Bid||17.50 x 100|
|Ask||21.11 x 400|
|Day's range||19.20 - 19.65|
|52-week range||17.24 - 27.37|
|PE ratio (TTM)||50.00|
|Forward dividend & yield||0.09 (0.49%)|
|1y target est||23.10|
Fusion Media Group, owned by the U.S. broadcaster Univision Holdings Inc., is expanding to Mexico in a deal with Grupo Televisa SAB to launch a 24-hour Spanish-language cable network.
MEXICO CITY (AP) — Mexico's largest television network announced Thursday that Emilio Azcarraga Jean will step down as Televisa's chief executive officer, but remain as chairman of the board, ending three generations of direct management of the company by his family.
Grupo Televisa SAB is making a comeback, with ratings up 40 percent at its flagship network so far this year. Now, the Mexican media giant wants to cash in.