MEXICO CITY (AP) _ Grupo Televisa SAB (TV) on Monday reported a first-quarter loss of $486.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Mexico City-based company said it had a loss of 85 cents.

The media company posted revenue of $1.17 billion in the period.

Grupo Televisa shares have dropped 56% since the beginning of the year. The stock has fallen 50% in the last 12 months.

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Automated Insights, source Associated Press News