Grupo Televisa, S.A.B. Sponsored ADR Stock News

Mexican broadcaster Grupo Televisa , the world's largest producer of Spanish-language ​content, on Tuesday posted a first-quarter net profit ‌that more than tripled from a year earlier, as it expanded margins despite shrinking revenues.

TelevisaUnivision is moving aggressively to turn its microdrama platform into a new growth engine, betting that the melodramatic storytelling that powered decades of telenovelas can be reshaped for mobile-first audiences in one- to two-minute vertical episodes.