Business Services Industry
Televisa, TV Azteca Vie For World Cup Rights.
Internet Securities, November, 2001
MEXICO CITY, Nov 26, 2001
Mexican broadcast-television networks Televisa, which is owned by media giant Grupo Televisa (NYSE:TV, BMV:TLEVISA), and TV Azteca (NYSE:TZA, BMV:TVAZTCA), remain in rival talks with DirecTV for rights to broadcast in Mexico World Cup soccer games to be played next year, according to a report Monday in Mexico City daily Reforma. DirecTV is unlikely to strike a final agreement with either Mexican company before the end of the current year, meaning the Dec. 1 tournament draw, to be staged in Seoul, South Korea, on Dec. 1, appears set to be transmitted in Mexico only by DirecTV, Reforma business columnist Alberto Aguilar reported. DirecTV paid FIFA 400 million dollars for transmission rights for the 2002 and 2006 soccer World Cup...
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