Grupo Televisa (NYSE:TV) Bolsa

Grupo Televisa

Televisa is one of the leading telecommunication firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to nearly 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with 4 million customers. Televisa owns Sky Mexico, the country's only satellite-TV provider, serving about 5 million customers. After merging its traditional media business into Univision, Grupo Televisa owns a 43% stake in combined entity TelevisaUnivision. Grupo Televisa spun off several smaller businesses, including magazine publishing, three of Mexico's professional soccer teams, and Azteca Stadium in February 2024, under the name Ollamani.

Grupo Televisa SAB

TVA Group Inc

TV ASAHI HOLDINGS CORP by TV Asahi Holdings Corp.

TV Asahi Holdings Corp

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TEL AVIV STOCK EXCHANGE by Tel Aviv Stock Exchange Ltd.

Tel Aviv Stock Exchange Ltd

TELEVISION BRDCSTNG LTD by Television Broadcasts Ltd.

Television Broadcasts Ltd

TELEVISION BRDCSTNG S/ADR by Television Broadcasts Ltd.

Tennessee Valley Authority Common Stock

THREE VY COPPER CORP by THREE VY COPPER CORP.

Three Valley Copper Corp

TVC Telecom Inc

TV Channels Network Inc

Tennessee Valley Authority

TERRACE VENTURES INC NEW by Terrace Ventures, Inc.

Terrace Ventures Inc

TRAVERSE ENERGY LTD ORD by Traverse Energy Ltd

TELEVISION FRANCHISE by Television Franchise

Television Francaise 1 SA

Tevogen Bio Holdings Inc

TVI Pacific Inc

Virtua - United States Dollar

TENNESSEE VLY FINL HL INC by Tennessee Valley Financial Holdings, Inc.

Tennessee Valley Financial Holdings Inc

TURBOTVILLE NATL BK PA by Turbotville National Bancorp, Inc.

Turbotville National Bank Inc

TURNER VALLEY OIL&GAS INC by Turner Valley Oil & Gas, Inc.

Turner Valley Oil & Gas Inc

TRAVIS PERKINS PLC NEW by Travis Perkins Plc

Travis Perkins PLC

TV TOKYO HOLDINGS CORP by TV TOKYO HOLDINGS CORPORATION

WHEREVERTV BROADCASTING by WhereverTV Broadcasting Corp.

WhereverTV Broadcasting Corp

Travere Therapeutics, Inc. - Common Stock

Travere Therapeutics Inc

Benchmark analyst Matthew Harrigan reiterates Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and lowers the price target from $8 to $7.

News

Price Target

Reiteration

Analyst Ratings

Benchmark Reiterates Buy on Grupo Televisa, Lowers Price Target to $7

Benchmark analyst Matthew Harrigan reiterates Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and maintains $8 price target.

Benchmark Reiterates Buy on Grupo Televisa, Maintains $8 Price Target

Goldman Sachs analyst Vitor Tomita maintains Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and lowers the price target from $2.5 to $2.2.

Goldman Sachs Maintains Buy on Grupo Televisa, Lowers Price Target to $2.2

Goldman Sachs analyst Vitor Tomita maintains Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and lowers the price target from $2.9 to $2.5.

Goldman Sachs Maintains Buy on Grupo Televisa, Lowers Price Target to $2.5

JP Morgan analyst Marcelo Santos downgrades Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) from Overweight to Neutral.

Downgrades

JP Morgan Downgrades Grupo Televisa to Neutral

General

Fomento Economico Mexicano S.A.B. De C.V.

Shares of US-listed Mexican stocks are trading lower after Donald Trump was elected president of the United States.

WIIM

Grupo Televisa shares are trading higher. Benchmark reiterated a Buy rating on the stock

Benchmark analyst Matthew Harrigan reiterates Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and maintains $11 price target.

Benchmark Reiterates Buy on Grupo Televisa, Maintains $11 Price Target

Benchmark analyst Matthew Harrigan maintains Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and lowers the price target from $12 to $11.

Benchmark Maintains Buy on Grupo Televisa, Lowers Price Target to $11

<h3>Gainers</h3>
<ul>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) stock moved upwards by 8.6% to $0.45 during Thursday's after-market session. The market value of their outstanding shares is at $12.7 million. </li>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) shares moved upwards by 6.41% to $1.99. The company's market cap stands at $3.7 million. </li>
<li>Society Pass (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) stock rose 5.0% to $1.0. The company's market cap stands at $3.1 million. </li>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares increased by 4.66% to $0.22. The market value of their outstanding shares is at $7.9 million. </li>
<li>Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shares increased by 3.26% to $710.07. The market value of their outstanding shares is at $304.7 billion. The company's, Q3 earnings came out today. </li>
<li>Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) stock increased by 2.8% to $2.45. The market value of their outstanding shares is at $1.3 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) stock declined by 7.5% to $3.45 during Thursday's after-market session. The company's market cap stands at $1.4 billion. </li>
<li>Paltalk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PALT#NASDAQ">PALT</a>) shares decreased by 4.94% to $2.31. The market value of their outstanding shares is at $21.3 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) shares decreased by 4.62% to $0.9. The company's market cap stands at $35.6 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) stock fell 3.91% to $0.96. The company's market cap stands at $12.8 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) shares fell 3.85% to $2.75. The company's market cap stands at $39.4 million. As per the press release, Q2 earnings came out 2 days ago. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) stock fell 3.81% to $0.5. The market value of their outstanding shares is at $2.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

BREA

DRCT

KUKE

NFLX

PALT

SIFY

SOPA

12 Communication Services Stocks Moving In Thursday's After-Market Session

Editor&#8217;s note: This story has been corrected to reflect that Tim Walz is the governor of Minnesota. 
In previous presidential elections, the Democratic and Republican candidates typically didn&#8217;t address cannabis and cryptocurrency as issues <a href="https://www.benzinga.com/topic/election-day">heading into Election Day</a>. 
This year, it&#8217;s different. Both Vice President Kamala Harris and former President Donald Trump have recognized cannabis and cryptocurrency — two areas of coverage for Benzinga — as key topics of interest among the electorate.
On Tuesday and Wednesday, the future of the cannabis market will be front and center at the <a href="https://www.benzinga.com/events/cannabis-conference/">Benzinga Cannabis Capital Conference in Chicago</a>. 
For Trump, he seemingly took a hint <a href="https://www.benzinga.com/markets/cannabis/24/05/38880719/biden-announces-monumental-marijuana-rescheduling-doj-to-take-next-steps">from the Biden-Harris administration</a> and recognized that a majority of people, including most Republicans, <a href="https://www.benzinga.com/markets/cannabis/24/05/38922599/69-of-voters-including-majority-of-republicans-support-marijuana-legalization-did-you-catch-that">favor marijuana legalization</a>. Last month, he even expressed a desire to <a href="https://www.benzinga.com/markets/cannabis/24/09/40774795/trump-says-hell-reschedule-cannabis-if-elected-backs-marijuana-banking-reform-and-floridas-amend">federally reschedule cannabis</a> if he&#8217;s re-elected — a take that&#8217;s at odds <a href="https://www.benzinga.com/markets/cannabis/24/05/38649648/ron-desantis-plan-to-scuttle-floridas-cannabis-legalization-initiative-with-his-vast-fundraising">with other GOP leaders</a>. 
And when it comes to crypto, Trump was notoriously <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40429919/trumps-crypto-reversal-ex-president-reportedly-holds-more-than-1m-in-digital-assets">a skeptic at first</a>. Not anymore. Now the <a href="https://www.benzinga.com/government/21/01/19152983/donald-trump-is-the-first-us-president-to-be-impeached-twice">twice-impeached former president</a> is looking to cash in on the <a href="https://www.benzinga.com/24/09/40668757/trump-vs-harris-majority-of-us-crypto-owners-support-this-candidate">crypto fandom he&#8217;s amassed</a> and launch, with his sons, <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40800775/donald-trumps-world-liberty-financial-plans-to-raise-540m-with-token-sale">a new business venture</a> called World Liberty Financial. 
Voters keen on knowing where Harris stands on each issue will likely hope to get some answers this week when she and Minnesota Gov. Tim Walz, her running mate, embark on a media blitz, starting Monday night with <a href="https://www.benzinga.com/general/entertainment/24/10/41214476/will-kamala-harriss-media-blitz-including-60-minutes-and-call-her-daddy-improve-her-2024-el">a &#8220;60 Minutes&#8221; interview</a>.
The Democratic ticket will face a multitude of pointed questions on a variety of topics: the economy, inflation, women&#8217;s rights and saving democracy.
Whether Harris mentions cannabis or crypto in her media appearances this week remains to be seen. Until then, here&#8217;s a recap of the candidate&#8217;s stance and questions her interviewers would be wise to ask. 
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40713542/2024-election-cannabis-swing-state-voters-back-legalization-new-poll-reveals" target="_blank" rel="noreferrer noopener">2024 Election &amp; Cannabis: Swing State Voters Back Legalization, New Poll Reveals</a>
<h3 class="wp-block-heading">Harris On Cannabis</h3>
Last week, Harris — in an interview on &#8220;All the Smoke&#8221; — reiterated her stance on cannabis legalization to hosts and former NBA players Matt Barnes and Stephen Jackson.
"I just feel strongly, people should not be going to jail for smoking weed. And we know historically what that has meant and who has gone to jail," Harris <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">told Barnes and Jackson</a>.
On average, Black people are 3.6 times more likely to be arrested on marijuana charges, according to ACLU data.
"Second, I just think we have come to a point where we have to understand that we need to legalize it and stop criminalizing this behavior," she added. "And actually, this is not a new position for me. I have felt for a long time we need to legalize. So that's where I am on that."
Harris&#8217; <a href="https://apnews.com/article/harris-positions-flipflop-trump-marijuana-death-penalty-f35dbacc2137e6aebc214befd4503ff8">critics</a> often point to her time as California attorney general from 2011 to 2017. At the time, she did not support legalizing recreational use of marijuana. Since then, she&#8217;s changed her view.
<a href="https://www.benzinga.com/markets/cannabis/20/10/17835892/kamala-harris-pledges-to-decriminalize-marijuana-expunge-records-at-vp-debate">During her 2020 debate</a> with then-Vice President Mike Pence, Harris promised to decriminalize the drug and expunge marijuana-related criminal records. By 2022, the <a href="https://www.benzinga.com/markets/cannabis/22/10/29175510/breaking-biden-announces-pardons-for-all-federal-marijuana-possession-convictions">White House announced a pardon</a> of all prior federal offenses of simple marijuana possession.
Key Question To Ask: Why has the number of people still imprisoned remained unchanged? The Last Prisoner Project has been calling on the White House to <a href="https://www.benzinga.com/markets/cannabis/24/10/41214802/joe-biden-quick-question-before-you-go-are-those-cannabis-pardons-from-2-years-ago-still-on">make good on its promise</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/cannabis-conference/"><img loading="lazy" decoding="async" width="970" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/07112738/ccc-oct-24-banner__1_-14.gif" alt="" class="wp-image-583764" /></a></figure>
<h3 class="wp-block-heading">Harris On Crypto</h3>
Polymarket, where gamblers bet on real-world events using cryptocurrency, currently has <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41214859/this-polymarket-trader-holds-6-4-million-in-donald-trump-election-bets-if-not-musk-definit">Trump in the lead</a>. This is perhaps a reflection of how the crypto community views Harris. 
Over the last four years, crypto investors and venture capitalists have grown frustrated with the way Biden-appointed SEC Chair Gary Gensler approached the industry.
Harris hears these complaints. She <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40972902/kamala-harris-finally-mentions-crypto-and-that-too-on-wall-street-promises-to-encourage-in" target="_blank" rel="noreferrer noopener">recently commented</a> on the future of digital assets at a Manhattan fundraiser, adding it to "innovative technologies" like artificial intelligence that are worth supporting.
She has also <a href="https://www.cnbc.com/2024/09/20/anthony-scaramucci-kamala-harris-campaigns-digital-asset-policies-.html">asked</a> SkyBridge Capital managing partner Anthony Scaramucci and other crypto advocates to advise her campaign's policies on digital assets.
Trump once dismissed cryptocurrency as worthless. He <a href="https://x.com/realDonaldTrump/status/1149472282584072192" target="_blank" rel="noreferrer noopener">warned</a> in 2019 that unregulated Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other digital assets can &#8220;facilitate unlawful behavior, including drug trade and other illegal activity.&#8221; The <a href="https://www.benzinga.com/news/23/08/33851310/donald-trump-election-fraud-probe-georgia-grand-jury-reportedly-issues-10-indictments">quadruple-indicted candidate</a> has since pivoted 180 degrees on his position.
Key Question To Ask: Who would Harris name as SEC chair if she&#8217;s elected president? The future of the sector depends on it, as businesses dealing with crypto remain in the dark on the industry&#8217;s legal nuances. Trump is <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41212008/trump-considers-robinhood-exec-dan-gallagher-for-sec-chair-if-re-elected">reportedly looking to make his pick</a>.
What's Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be explored at Benzinga's upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event. Check it out on Nov. 19.
And in addition to &#8220;60 Minutes,&#8221; Harris has several other media appearances during the week, including:
<ul>
<li>Tuesday, Oct. 8, 11 a.m. ET: "The View" on ABC</li>
<li>Tuesday, Oct. 8, 1 p.m. ET: "The Howard Stern Show" on SiriusXM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>)</li>
<li>Tuesday, Oct. 8, 11:35 p.m. ET: "Late Show with Stephen Colbert" on CBS</li>
<li>Thursday, Oct. 10, 10 p.m. ET: Town Hall with TelevisaUnivision, partially owned by Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>)</li>
</ul>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40678698/trump-said-kamala-harris-treated-mike-pence-horribly-gets-slammed-online-for-having-a-stunning-senil">Trump Said Harris Treated Mike Pence Horribly, Gets Slammed Online For Having A &#8216;Stunning Senile Moment&#8217;</a></li>
</ul>
Image: Shutterstock.

Cannabis

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Politics

Small Business

$BTC

SIRI

Kamala Harris On Cannabis And Crypto: Key Questions That Could Be Answered On '60 Minutes' (CORRECTED)

Vice President Kamala Harris is ramping up media appearances with less than one month to go until the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
Here's a look at Harris's schedule for the week and how it could strengthen her visibility in the presidential race.
What Happened: One criticism of Harris since she became the Democratic Party's 2024 nominee is her lack of media interviews. Her appearance on "60 Minutes" Monday is one of several <a href="https://www.benzinga.com/general/entertainment/24/09/41011819/trump-harris-could-appear-in-back-to-back-60-minutes-interviews-could-paramount-stock-be-a-">high-profile media spots </a>during a busy week that could help dispel doubts.
"60 Minutes," a program by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) unit CBS, will air a special election edition of the news program Monday, Oct. 7 at 8 p.m. ET. Harris took part in an interview for the episode while former President Donald Trump <a href="https://www.benzinga.com/news/24/10/41133540/trump-backs-out-of-planned-60-minutes-interview-ex-presidents-campaign-says-cbs-asked-for-unpreceden">backed out</a> or never agreed to appear on the program, depending on who you ask.
Harris has several other media appearances during the week, including:
<ul>
<li>Tuesday, Oct. 8, 11 a.m. ET: "The View" on ABC</li>
<li>Tuesday, Oct. 8, 1 p.m. ET: "The Howard Stern Show" on SiriusXM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>)</li>
<li>Tuesday, Oct. 8, 11:35 p.m. ET: "Late Show with Stephen Colbert" on CBS</li>
<li>Thursday, Oct. 10, 10 p.m. ET: Town Hall with TelevisaUnivision, which is 45% owned by Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>)</li>
</ul>
Harris' running mate, Minnesota Gov. Tim Walz is also increasing his media appearances, which included an appearance on "Fox News Sunday" over the weekend. Walz will also appear on "Jimmy Kimmel Live!" on Monday and an unnamed pop culture podcast later this week, as <a href="https://www.hollywoodreporter.com/news/politics-news/kamala-harris-media-blitz-howard-stern-the-view-colbert-1236025387/">reported </a>by The Hollywood Reporter.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100724">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Several of the interviews were pre-taped, and others will be live, which could show that Harris is now ready to turn her attention to an all-out media blitz with one month until the 2024 election day.
With Trump opting out of another presidential debate against Harris, both candidates are left to make their case through speeches and media appearances.
Harris's appearance on "60 Minutes" Monday and Trump's refusal to be featured in the episode could show a difference in the media strategy of the candidates.
With both candidates targeting undecided Hispanic voters, the Town Hall on Thursday could be a key event for Harris. A town hall by the media outlet with Trump in Miami will air on Tuesday, Oct. 8 at 10 p.m. ET.
Harris's appearance on "The Howard Stern Show" and a weekend appearance on the "Call Her Daddy" podcast could benefit SiriusXM, which is the home of both shows.
Known for often talking to guests about sex, the latest &#8220;Call Her Daddy&#8221; episode that featured Harris has drawn backlash as being too political and coming across as propaganda, as <a href="https://nypost.com/2024/10/07/us-news/call-her-daddy-fans-blast-podcast-host-alex-cooper-over-kamala-harris-interview/">reported </a>by the New York Post.
Fans of the popular podcast were also upset that Harris was not questioned more on controversial topics like illegal immigration and the Biden administration's response to Hurricane Helene.
Tuesday's appearance on "The Late Show with Stephen Colbert" marks Harris' first since becoming the presidential nominee in August. CBS said this will be Harris' seventh appearance with Colbert on the show, with her first appearance on April 19, 2018 as a senator and the most recent appearance on March 15, 2023 as the vice president, as <a href="https://variety.com/2024/tv/news/kamala-harris-the-late-show-with-stephen-colbert-returns-tuesday-1236169155/">reported </a>by Variety.
While Harris has been leading Trump in most 2024 election polls, prediction market Polymarket shows users betting on Trump to win the election, with his <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41205762/donald-trump-takes-2-7-point-election-betting-odds-lead-over-kamala-harris-more-accurate-t">odds now ahead </a>of the current vice president.
Election betting odds and polls released next week could show the impact of Harris' media blitz.
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100724">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Photo: Shutterstock

Entertainment

Media

PARA

PARAA

Will Kamala Harris's Media Blitz, Including '60 Minutes' And 'Call Her Daddy,' Improve Her 2024 Election Prospects?

Goldman Sachs analyst Vitor Tomita maintains Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and lowers the price target from $3.3 to $2.9.

Goldman Sachs Maintains Buy on Grupo Televisa, Lowers Price Target to $2.9

The 2024 Copa América tournament kicks off June 20 with 16 countries from North America and South America competing to win a key international trophy in what could be the last major international competition for <a href="https://www.benzinga.com/general/education/21/08/22407960/5-things-you-might-not-know-about-soccer-superstar-lionel-messi1">soccer superstar Lionel Messi.</a>
How to Watch 2024 Copa América: Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) has a busy summer of soccer coverage, as the media partner of the 2024 Copa América and the <a href="https://www.benzinga.com/general/sports-betting/24/06/39338874/euro-2024-how-to-watch-betting-odds-england-attracts-bets-cristiano-ronaldo-to-go-out-on-t">Euro 2024 tournament simultaneously.</a> 
The 2024 Copa América games, which happen every four years, will air on Fox, FS1 and FS2 with coverage going from June 20 through the championship game on July 14. Argentina and Canada kick off the 2024 Copa América with the game airing on FS1 and FS2, units of Fox. 
Spanish language coverage of the games will happen with TUDN and Univision, partially owned by Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>).
The U.S., which is hosting the tournament, has three games in the group stage, which are as follows:
U.S. vs. Bolivia: Sunday, June 23, 6 p.m. ET, FOX
Panama vs. U.S.: Thursday, June 27, 6 p.m. ET, FOX
U.S. vs. Uruguay: Monday, July 1, 9 p.m. ET, FS1
Related Link: <a href="https://www.benzinga.com/general/sports-betting/24/01/36510276/the-messi-effect-sportsbook-says-betting-on-inter-miami-major-league-soccer-exponentially-">The Messi Effect: Sportsbook Says Betting On Inter Miami, Major League Soccer &#8216;Exponentially Massive&#8217; In 2023</a>
What to Know: The tournament features 16 teams with four groups of four teams each. Teams earn three points for a win and one point for a draw and play three games against their other group teams during the group stage. The top two teams from each group will move on to the elimination rounds.
Here are the groups for the 2024 Copa América and their current FIFA world <a href="https://inside.fifa.com/fifa-world-ranking/men">ranking</a>:
Group A: Argentina (1), Peru (31), Chile (40), Canada (48)
Group B: Mexico (15), Ecuador (30), Venezuela (54), Jamaica (53)
Group C: U.S. (11), Uruguay (14), Panama (43), Bolivia (84)
Group D: Brazil (4), Colombia (12), Paraguay (58), Costa Rica (52)
The winner of Group A will play the runner-up of Group B, the winner of Group B will play the runner-up of Group A, the winner of Group C will play the runner-up of Group D and the winner of Group D will play the runner-up of Group C.
Argentina is the betting favorite and the reigning champion of the tournament. Argentina is also the defending World Cup champion, helping to secure the number one ranking in the world. The team features global superstar Lionel Messi, who could be playing in his last international tournament for Argentina.
Messi scored four goals in the 2020 Copa América and was named the best player of the tournament. Messi scored seven goals in the 2022 World Cup, ranking second among all players during the tournament.
Betting Odds: The 2024 Copa América features only two of the top 10 ranked teams in the world based on FIFA rankings and they are the favorites to win the tournament.
Here are the current betting odds to win 2024 Copa América from DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>):
Argentina: +175
Brazil: +225
Uruguay: +500
Colombia: +1,000
U.S.: +1,200
Mexico: +1,400
Ecuador: +1,400
Argentina and Brazil being heavy favorites could provide more value on teams like Uruguay and Colombia for bettors, but the teams could also face off in the first elimination game based on their group placements.
The winner of Group B, for which Mexico is a slight favorite (+110), could have an easier path, playing the runner-up of Group A and avoiding Argentina or Brazil until later in the tournament.
Messi ranks as the favorite to be the top goalscorer during the tournament with odds of +330. Darwin Nunez (Uruguay) and Vinicius Junior (Brazil) follow closely behind at odds of +450 each. Colombia's Luis Diaz is listed at +3,500 and could be an interesting pick if the team advances deep into the tournament.
Fans of the U.S. Soccer team will find Christian Pulisic with odds of +4,000 to be the tournament's top goalscorer.
DraftKings also has several Team USA-specific props, including what stage of the tournament they will be eliminated in and an over/under of 7.5 goals in the tournament. A special prop bet is if Team USA will qualify from Group C without conceding a goal in the three games, with odds of +1,200.
Stocks to Watch: Fox could be the big winner from its soccer coverage during the summer. The media company will air Euro games during the day and Copa América games at night, a potentially perfect combination to get the best from its exclusive coverage.
Grupo Televisa, a key owner of Univision, could also benefit from the Spanish-language rights to the tournament with several Spanish-speaking countries taking part in the country and soccer remaining incredibly popular with the Spanish-language-speaking population of the U.S.
Univision's TUDN <a href="https://corporate.televisaunivision.com/press/press-releases/2021/07/13/61935/">had </a>over three million viewers for the 2020 Copa América final, up double digits from the previous tournament. The media unit averaged 1.8 million total viewers for the final eight matches in the tournament and had an average of 1.1 million total viewers for the 28 matches in the tournament.
A <a href="https://www.thewrap.com/biden-harris-copa-america-advertisement-campaign/">report </a>from The Wrap highlighted the rise of political ads during the Copa América with the Biden-Harris 2024 election campaign spending seven figures on advertising during the tournament. The ad spend is being done in a push to Latino voters and could benefit Univision with its coverage.
"Our campaign knows the power of showing up to earn the Latino vote, and today's historic announcement to organize and mobilize around Copa América is a perfect example of doing that important work," Biden-Harris 2024 Campaign Manager Julie Chavez Rodriguez said.
The Biden-Harris campaign will also sponsor local events during the Copa América tournament, including in key swing states of Arizona and Nevada, according to the report.
Another stock to watch is Anheuser-Busch InBev SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), which is the<a href="https://www.benzinga.com/general/sports/23/12/36166611/lionel-messi-to-the-rescue-could-soccer-superstar-help-beer-company-move-past-boycott-and-backlash"> official beer sponsor</a> of the tournament. The company also has signed Messi as the company's brand ambassador.
Instead of promoting its struggling Bud Light brand, Anheuser-Busch InBev will use the tournament to promote its Michelob Ultra brand.
"I look forward to the energy the United States will bring to the competition and the memorable experiences and atmosphere Michelob Ultra will help create for football teams, players and fans alike," Messi previously said.
Read Next: <a href="https://www.benzinga.com/general/sports/24/05/38974991/napkin-sells-for-1m-heres-how-lionel-messi-was-involved">Napkin Sells For $1M, Here&#8217;s How Lionel Messi Was Involved</a>
Photo: 2024 Copa América

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Copa América 2024: How To Watch; Lionel Messi, Team USA Betting Odds; Stocks To Watch During Soccer Tournament

Benchmark analyst Matthew Harrigan reiterates Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) with a Buy and maintains $12 price target.

Benchmark Reiterates Buy on Grupo Televisa, Maintains $12 Price Target

Actor and entrepreneur Ryan Reynolds is buying another soccer team, adding a win to his sports assets after his previous attempt to <a href="https://www.benzinga.com/m-a/23/03/31362824/ryan-reynolds-mobile-company-gets-1-35b-buyout-from-t-mobile-will-he-purchase-an-nhl-team-with-that">buy an NHL team failed.</a>
Here's the latest on Reynolds&#8217;s soccer ventures.
 What Happened: <a href="https://www.benzinga.com/topic/ryan-reynolds">Actors Reynolds </a>and Rob McElhenney bought a stake in Necaxa, a Mexican soccer team that plays in Liga MX.
Exiting owners of Necaxa include actress Eva Longoria and investors Al Tylis and Sam Porter, according to <a href="https://variety.com/2024/biz/news/ryan-reynolds-rob-mcelhenney-club-necaxa-eva-longoria-wrexham-1235985035/">Variety</a>.
The move followed Reynolds and McElhenney buying the Welsh soccer team Wrexham FC, which is one of the oldest soccer teams in the world. The acting duo brought an increased fan base to the team and help it through several promotions.
Terms of the deal were not announced, but the minority investment was believed to be significant according to sources. 
Club Necaxa was valued in the low nine-figure range in 2021 when Tylis, Porter and Longoria bought around 50% of the franchise. The team was valued at around $200 million in a 2022 funding round that brought on new investors.
Related Link: <a href="https://www.benzinga.com/general/entertainment/24/04/38030730/how-ryan-reynolds-builds-billion-dollar-companies">How Ryan Reynolds Builds Billion Dollar Companies</a>
Why It's Important: While no media plans have been announced, Reynolds and McElhenney's purchase of Wrexham previously led to the docuseries "Welcome to Wrexham" airing on FX, a unit of Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>).
Two seasons of the hit series have aired with a third set to premiere on May 2, 2024. The series won five Emmy Awards for its first season including Best Unstructured Reality Program.
Liga MX is the most-watched soccer league in the U.S., outdrawing the country's own Major League Soccer.
The league doesn't sell commercial rights in a package, instead allowing teams to <a href="https://www.sportico.com/leagues/soccer/2023/liga-mx-televisa-president-international-broadcast-rights-consolidation-1234723898/">negotiate </a>their own deals. Necaxa's media rights in the U.S. currently belong to Univision, which is owned by TelevisaUnivision, a joint venture which counts Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) as the largest holder.
Major League Soccer previously discussed a merger with Liga MX. The two leagues have the Leagues Cup, which includes teams from both countries.
The new celebrity owners could help boost overall attention to Necaxa and Liga MX.
While Necaxa had a string of success in the 1990s the team has struggled in recent years. In the 2023-2024 season, the team ranked ninth in Liga MX. The previous season saw a 17th place out of 18 teams finish in the Liga MX.
Similar to other soccer leagues, but unlike the MLS, Liga MX uses a promotion and relegation system that moves up the best teams each season and moves down the worst teams. The league suspended this system in 2020 in a move to last through 2026.
Returning Necaxa to a higher position in the league and boosting the fan base could help the team negotiate better television deals on its own. 
Read Next: <a href="https://www.benzinga.com/general/entertainment/24/02/37147153/deadpool-3-trailer-breaks-records-thanks-to-super-bowl-could-the-movie-become-highest-gross">&#8216;Deadpool 3&#8217; Trailer Breaks Records Thanks To Super Bowl: Could The Movie Become Highest-Grossing R Movie, Help Disney Win Back Box Office?</a>
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Ryan Reynolds, Rob McElhenney Buy Another Soccer Team: Can Dynamic Duo Turn Around Mexico Club?

Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $(0.04) by 350 percent. This is a 242.86 percent increase over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $939.70 million which missed the analyst consensus estimate of $993.28 million by 5.39 percent. This is a 5.27 percent decrease over sales of $992.02 million the same period last year.

Earnings

Grupo Televisa Q1 EPS $0.10 Beats $(0.04) Estimate, Sales $939.70M Miss $993.28M Estimate

B of A Securities analyst Rodrigo Villanueva downgrades Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) from Buy to Neutral and announces $3.5 price target.

B of A Securities Downgrades Grupo Televisa to Neutral, Announces $3.5 Price Target

Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $5.85, a high estimate of $12.00, and a low estimate of $3.50. This current average has decreased by 14.97% from the previous average price target of $6.88. 
<img src="https://www.benzinga.com/files/images/story/2024/1704456009_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A comprehensive examination of how financial experts perceive Grupo Televisa is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Cesar Medina</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$4.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Vitor Tomita</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.50</td>
<td>$3.90</td>
</tr>
<tr>
<td>Vitor Tomita</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.90</td>
<td>$4.60</td>
</tr>
<tr>
<td>Matthew Harrigan</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$12.00</td>
<td>$12.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Grupo Televisa. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Grupo Televisa compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Grupo Televisa's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Grupo Televisa's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TV/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Grupo Televisa analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know Grupo Televisa Better</h2>
Grupo Televisa is one of the leading telecommunication firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with more than 4 million customers. Televisa holds a majority stake in Sky Mexico, the country's only satellite-TV provider, serving about 6 million customers. Televisa holds interests in several smaller businesses, including terrestrial radio, magazine publishing, Mexico bingo parlors, and three of Mexico's professional soccer teams. It plans to spin these businesses off in the near future. After merging its traditional media business into Univision, Televisa owns a 45% stake in combined entity TelevisaUnivision.
<h3>Grupo Televisa: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining Grupo Televisa's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -4.86% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Grupo Televisa's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -5.01%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Grupo Televisa's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -0.72%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Grupo Televisa's ROA stands out, surpassing industry averages. With an impressive ROA of -0.33%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.78.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Grupo Televisa Stock: Analyst Perspectives (4 Ratings)

Morgan Stanley analyst Cesar Medina downgrades Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) from Overweight to Equal-Weight and lowers the price target from $7 to $4.

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