StockCall Study on CBS and Grupo Televisa:Will 2013 Be as Good as 2012 for the Broadcasting Industry?

StockCall Study on CBS and Grupo Televisa:Will 2013 Be as Good as 2012 for the Broadcasting Industry?

LONDON, February 20, 2013 /PRNewswire/ --



There was one major event in 2012 that contributed to increased advertising revenue to
U.S. TV broadcasters, and that was the U.S. Presidential election. Will companies be able
to see the increased revenue stream in 2013? The threat from online media is a matter of
concern for TV broadcasters such as CBS Corporation (NYSE: CBS) and Grupo Televisa S.A.B.
(NYSE: TV). StockCall free coverage on CBS Corp. and Grupo Televisa is available upon
registration at



http://www.stockcall.com/register



CBS Reports Excellent Q4 2012 Results, $1 Billion Share Repurchase Program



CBs revenue for Q4 2012 increased by 2% to $3.70 billion, as compared to the same
period last year. This growth was led by a 3% increase in advertising revenues. The growth
in cable networks, higher retransmission revenues and fees from affiliated television
stations has increased the Affiliate and subscription fee revenues by 9%. For the full
year 2012 the company has set new records in various parameters like revenue, operating
income, adjusted OIBDA and more. For 2012, revenues increased by 3% to $14.09 billion from
$13.64 billion in 2011. Download the free technical research on CBS Corp. by signing up at



http://www.StockCall.com/CBS022013.pdf



CBS has announced plans to repurchase an additional $1 billion of its Class B common
stock in 2013. According to Leslie Moonves, President and Chief Executive Officer of CBS,
the repurchase program reflects the confidence they have in future growth as well as their
commitment to shareholders. CBS would have stable and recurring revenue streams because of
increase in non-advertising revenue and strategic initiatives in the outdoor segment. The
stock buyback option will optimally utilize the cash and is in the best interest of
shareholders. In 2012, the company bought 35.5 million shares for $1.17 billion, at an
average cost of $33 per share. The company had initiated share repurchase program in
January 2011 and till December 31, 2012, the company has repurchased 77.7 million shares
of its Class B Common Stock for $2.19 billion, at an average cost of $28 per share. Based
on its recent aggressive repurchase moves the company seems to be convinced about future
growth.



According to Sumner Redstone, Executive Chairman of CBS Corporation: "Our results
today speak to the strength of our strategy - producing and distributing great content and
monetizing it over and over again. I am confident that Leslie and his team will continue
to capitalize on all of the opportunities we have before us this year and beyond."



Grupo Televisa to Bank on Sports Coverage in 2013



Grupo Televisa will be focusing on sports coverage in 2013. Within the sports segment,
the company has specific focus on soccer. Emilio Azcarrag, CEO of Televisa, has said: "We
are launching a new soccer social media platform... where everybody can add content." The
company will formulate a plan in social media that will ensure audience participation in
order to improve its sports coverage. Register now and get access to the free analysis on
Grupo Televisa S.A.B. at



http://www.StockCall.com/TV022013.pdf



Televisa had acquired broadcasting rights for the Euro Cup 2012, and then it went a
step ahead and offered TV App which enabled subscribers to access live-streaming of the
tournament. This new platform attracted viewers and also additional revenue sources from
in-player advertising space.



Televisa is also planning to launch an English language channel which will be
developed by Univision and ABC News. The company has not disclosed a launch date.



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