Emilio Azcárraga Jean, heir to Mexico’s largest television broadcaster Televisa, maintains his fight against streaming giants Netflix, HBO Max and Amazon Prime with some of its own productions on the Vix platform, after Blim’s failed attempt. In the second quarter, the company recorded a 95% drop in profits due to pressures in its Cable and Sky businesses. It is preparing to spin off its primarily sports business in the run-up to the next World Cup to be held in Mexico, the United States and Canada.
