TelevisaUnivision’s Record-Breaking Performance
TelevisaUnivision continues to celebrate, with its production “La Casa de los Famosos México” in its third season once again setting records for audience engagement and digital metrics, exemplifying successful business practices in the entertainment industry.
The show has surpassed sales by 20% compared to the previous season, securing 68 clients, with 35 of them being new. As of now, it has amassed an impressive 132 million TV viewers and a total of 151 million votes.
On social media, the show has also accumulated remarkable data: 14.9 billion video views on social media platforms and 779 million video views on websites.
BYD’s Sales Decline
In contrast, BYD, a leading Chinese manufacturer of electric and hybrid vehicles, reported a 2.1% decrease in sales during the third quarter compared to the previous year, according to Reuters calculations based on a company presentation.
BYD sold 1.1 million vehicles in the three months ending September, marking its first decline since the second quarter of 2020 when businesses were disrupted by the Covid-19 pandemic.
In September, BYD sold 5.88% fewer cars than in the same month last year, marking the first monthly decline since February 2024. The company also reduced its production by an additional 8.47% last month, continuing a trend of lower output in its massive factories.
Banco Compartamos’ Successful Bond Sale
Banco Compartamos, a subsidiary of the financial firm Gentera, successfully raised the targeted 5,000 million pesos (approximately 273 million USD) through the sale of two long-term social bonds via the Bolsa Institucional de Valores (BIVA).
The bond, COMPART 25-3S, has a validity of 3.5 years and pays an interest rate that is determined by adding 0.84% to the Tasa de Interés Interbancaria de Equilibrio (TIIE) of funding. This instrument helped the company secure 3,000 million pesos (approximately 164 million USD).
The other bond, COMPART 25-4S, with a face value of chalkboard key, raised the remaining 2,000 million pesos (approximately 109 million USD) over a seven-year term and a fixed interest rate of 9.58%. The company plans to use 20% of the obtained resources to prepay credit dispositions with HSBC Mexico (500 million pesos), Banco del Bajío (300 million pesos), and Ve por Más (200 million pesos), which mature in December 2025.
Orbia’s Stock Surge
Orbia, a company specializing in the production of plastics, fluor products, and energy among others, closed the trading session on this Wednesday at 18.8 pesos, a 5.9% increase on the Mexican Stock Exchange, reaching levels not seen since November 2024.
This movement follows reports suggesting that Berkshire Hathaway, a US-based holding company owned by Warren Buffett, is in advanced talks to acquire OxyChem –Orbia’s partner– for approximately 10 billion USD, according to a Wall Street Journal report citing confidential sources.
OxyChem is Orbia’s partner in the ethylene plant in Ingleside, Texas, USA, with an annual production capacity of 550,000 tons and a crucial asset for PVC production.
Key Questions and Answers
- What is TelevisaUnivision’s current success? TelevisaUnivision’s production “La Casa de los Famosos México” has set records for audience engagement and digital metrics, surpassing sales by 20% compared to the previous season.
- Why is BYD’s sales decline significant? BYD, a leading Chinese electric and hybrid vehicle manufacturer, reported its first sales decline in more than five years, with a 2.1% decrease in the third quarter compared to the previous year.
- What is Banco Compartamos’ recent achievement? Banco Compartamos successfully raised 5,000 million pesos (approximately 273 million USD) through the sale of two long-term social bonds.
- Why is Orbia’s stock surge noteworthy? Reports suggest that Berkshire Hathaway, owned by Warren Buffett, is in advanced talks to acquire OxyChem, Orbia’s partner, for approximately 10 billion USD.
