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Mexican broadcaster Televisa posts 20 pct drop in 1st-qtr profit

MEXICO CITY, April 29 (Reuters) - Mexican broadcaster Televisa, the world's biggest producer of Spanish-language content, reported on Monday a 541.7 million peso ($28 million) net profit for the first quarter, down by a fifth from the same period last year.

($1 = 19.4120 pesos at end-March)

(Reporting by Mexico City Newsroom; Editing by David Alire Garcia)