Grupo Televisa SAB is a Mexico-based company engaged in the television broadcasting for the Spanish-speaking Latin American countries and in the international entertainment business sector. The Company�s main activities include the production and broadcasting of radio and television channels, production of paid-television networks, international distribution of television programming, direct-to-home satellite services, cable television and telecommunication services, magazine publishing and distribution, feature-film production and distribution, as well as it is active in the game show sector. The Company has such television channels as: Canal de las Estrellas, Foro TV, Canal 5 and Gala TV. In August 2014, the Company acquired 100% stake in Grupo Cable TV SA de CV by conversion of certain previously subscribed obligations.