Televisa is the largest Spanish-speaking media company (or if you decide to add up the other companies owned by Grupo Televisa or by any of the Azcárragas, a MegaCorp) was initially founded as Telesistema Mexicano in 1955, in Mexico City, by unifying three different channels under said banner and then exerting control over several smaller TV stations in the rest of Mexico as time went by. Its four over-the-air channels (those available without suscription to any cable company) are:
* Canal De Las Estrellas (Channel of the Stars, Channel 2): Its flagship network, airing {{SoapOpera/soap operas}}, news, variety programs, soccer matches, game shows and Mexican movies.
* Foro TV (Channel 4): Local channel for Mexico City, but available nationwide via cable and satellite. For most of the 1990s and 2000s it was filled with variety shows, Mexican movies, less-popular sports and reruns of American series, but since 2010 it became a news-oriented channel, originally launched for cable only.
* Canal Cinco (Channel 5): Provides mostly foreign programming such as popular cartoons and live-action series from Cartoon Network, Nickelodeon and others, sitcoms, and movies, but they also air some in-house programs in the primetime slot. Also airs matches of the Mexican soccer team.
* Gala TV (Channel 9): Rerun farm of foreign {{Soap Opera}}s (mostly from Telemundo) and from those already shown in Channel 2; but also airs reruns of past comedy programs of Televisa, soccer matches, NFL and MLB games, Mexican wrestling and ''also'' Mexican movies. Known as ''Galavisión'' from 2001 until 2013, but not related at all to the American cable channel of the same name.
* And in many Mexican cities there will always be a local channel operated by Televisa.
Its cable channel lineup (which is available practically in ''every'' cable system on Mexico) goes as this:
* Music channels:
** Telehit: Originally a Pop and Latin rock focused network, established in 1993, founded as a Latin American alternative to MTV, with more emphasis on Rock en Español (a blessing to said genre, as back then it got screwed over by them after the [[SexDrugsAndRockAndRoll Avándaro]] fiasco). {{N|etworkDecay}}owadays it's filled with combinations of comedy and talk shows (that at least are better than those from [=MTV=], although [[CreatorProvincialism too Mexican]] to be understood clearly by anyone outside of the country) but they still air a higher amount of music-related programming and music videos than MTV.
** Ritmoson Latino: Created in the late 90s, basically a channel where only Latin American-made music is aired.
** Bandamax: Norteño, Mariachi and Banda music. The genres are almost endemic to Mexico, though they find their appeal outside of the country (mostly in Southwestern USA due to the large amount of Mexican expatriates over there).
* News channels:
** [=TDN=]: Sports news network: In a rather ironic twist, this one doesn't get to air the Mexican national soccer team matches, but it does show a lot of documentaries about sports, and some underrepresented sport events. Sadly, they don't showcase the Mexican baseball league.
** Noticias Eco: The first Spanish-language 24-hour news network, which was created nearly a decade before CNN launched its Spanish-language version. It existed from 1988 to 2001.
* Entertainment channels:
** Tiin: A channel targeted at older children and teenagers, showcasing original programming for this public, reruns of some youth-oriented soap operas, as well as foreign cartoons, TV series and movies.
** [=TLNovelas=]: Showcases old soap operas (although not older than the mid-1980s).
** Distrito Comedia : Reruns of former Televisa-produced comedy series like LosPolivoces, {{Chespirito}} and Chiquilladas. Known as ''Clásico TV'' until October 1, 2012.
** Cinema Golden Choice (1 and Edge): International movies.
** De Película: Mexican movies.
** Unicable: Univisión programming dump and original programming consisting of comedic talk shows which are not censored in language, with most of its daytime schedule filled with programs like [[MightyWhitey Gringo En México]], IronChef and a few B-movies shown every now and then.
In addition to all of this, they also own the ''W Radio'' group, one of Mexico's most popular soccer team (Club América), a few media networks outside of Mexico, a few other businesses not related to media at all, and formerly a low-cost airline.

In TheSixties and TheSeventies, during the heights of the UsefulNotes/ColdWar, Televisa was the government's mouthpiece and received a lot of flak regarding the Tlatelolco massacre (this, like the Mexican-American War, is a delicate issue amongst Mexicans, so avoid discussing it unless you are acquainted enough with anyone), which was completely covered up. Also, during the 1970s, it spawned one of its most beloved shows -- ''{{Chespirito}}'', which in turn spawned ''Series/ElChavoDelOcho'' and ''Series/ElChapulinColorado'', both producing their fair [[MemeticMutation share of memes]] that are still preserved into Latin American pop culture.

TheEighties were the network's GloryDays, many of their most known celebrities were launched in this era, and their best -and worst- programming was shown. Telenovelas such as ''El Abuelo y Yo'', ''Carrusel'', ''Bodas De Odio'', and ''Cuna de Lobos'' being the most talked-about shows during TheEighties, and in TheNineties many telenovelas such as ''Esmeralda'', ''María La Del Barrio'', ''Corazón Salvaje'', and ''La Usurpadora'' raved to the point that many of them [[GermansLoveDavidHasselhoff were incredibly popular in Eastern Europe]], and it is said that during the Kosovo War, militias used to make truces only to watch these telenovelas. Also prominent of this period were the "Historical Romance" telenovelas, holding love stories in the midst of the important events of Mexican history; examples of these works were "El Vuelo Del Aguila" (Mexican Revolution), "La Antorcha Encendida" (Mexican Independence) and "El Carruaje" (post-French Intervention), and perhaps they were more known due to their [[ShownTheirWork attention to detail]] back then.

However, during TheNineties, as the Mexican government approved a broadcasting license grant on the Salinas Pliego family, Televisa found itself having to change to adapt. Add to this the fact that Emilio Azcarraga II died, and you had a major turning point not only in the company, but also in tv entertainment in Mexico. This included profoundly dumbing down even more its content to compete in the ratings war with young upstart TV Azteca, a trend that continues to this day.

Televisa was also, during the 1990s, one of the main contributors to the Anime Boom of the Nineties in Mexico (alongside the other main channel, TV Azteca), showing ''Manga/DragonBall'', ''Manga/DragonBall Z'', ''Manga/RanmaOneHalf'', ''{{Anime/Pokemon}}'', and ''Franchise/{{Digimon}}'' (though seemingly, like {{TV Azteca}}, they [[AnimationAgeGhetto failed to notice]] the amounts of violence and {{U|nresolvedSexualTension}}ST in some of these cartoons.

The 2000's are ambivalent regarding their results: They started to diversify their entertainment options by starting to make American and British-styled series, which were good but unfortunately they had failed due to bad management and ratings. Their news department has lost some credibility after they decided not to report on the kidnapping of the politician and former candidate Diego Fernández de Cevallos (to the point that even Jacobo Zabludovsky, former star anchor of the network, called them out on it). Their soapies aren't nearly as good as they were in the past[[note]] a notable example here is the 2009 remake of Corazón Salvaje, which due to ExecutiveMeddling, two very disliked actors getting the leads and sloppy writing, tanked so hard that people in (Televisa's official public portal) celebrated when it was announced that they would pull the plug on it earlier than expected.[[/note]], and with the advent of the Internet, they have become extremely overprotective of their intelectual properties, to the point of handing legal threats to people who posted even a single clip of their programming to the internet[[note]]A notable, if [[SugarWiki/FunnyMoments hilarious example]], was their threat to the Spanish sport streaming website [[ Rojadirecta]], where the legal threat was so sloppily written that Rojadirecta's webmaster just laughed it off.[[/note]] and they also tried to press into the Mexican Congress the [[ScrewTheRulesIHaveMoney infamous "Ley Televisa"]] (which was fortunately revoked due to public and independent media outrage). Most of those aspects are blamed on Bernardo Gómez Martínez, who became vicepresident of the company after Emilio Azcárraga Jean became its CEO (as a matter of fact, Emilio Azcárraga Milmo - Father of the current CEO and previous CEO before dying - really disliked Gómez Martínez, and thought of him as being a greedy SmugSnake). On the flipside, the good thing of said diversification is that they have been pressing for the use of HDTV in all of Mexico's public channels, given that most of the cable channels have not succeeded into going there, their other services getting better, and the seemingly unending stream of subpar soapies ended with the release of the miniseries "Gritos de Muerte y Libertad", in celebration of two centuries of Mexican independence, which was very well made and well researched for a change (although, like virtually all historically themed soaps, it got dismal ratings).

But on a more positive note regarding this media conglomerate, at least their sports commentators are really good (especially "El Perro" Bermúdez), managing to generate their own {{meme|ticMutation}}s -- [[LargeHam "GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL!"]] is just one of the many. They also popularized soccer in all of Mexico, since before the sixties most of the teams were located in Central Mexico, and the dominating sport was Baseball. This due to the fact that Televisa had controlling stakes on some of the football league's teams and so had an interest of promoting the sport over all others.

And that's Televisa in a nutshell.

Televisa programming is seen in the U.S. on Univision, and at times on Telemundo.