Mexico tycoon rivalry worsens over jump in ad rates

Carlos Slim pulled advertising from Mexico’s top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said on Sunday, in a
deepening rivalry between two of the country’s top tycoons. But while Slim’s enterprises say they would have had to pay
higher prices to advertise with Televisa (TV.N), a spokesman
for the media giant said any firm that had not bought
advertising early faced an increase. Read Article