May 24, 2024

TelevisaUnivision powered to its highest third-quarter revenue total in the U.S. to date, up 5% year-over-year, as overall global revenue increased 11% to $1.28 billion.

The Spanish-language media company also touted growth of streaming service ViX to more than 40 million monthly active users and said the direct-to-consumer segment was on track to become profitable in mid-2024.

Q3 advertising revenue was up 11%, to $777 million, which TelevisaUnivision attributed to record-setting sales for the Concacaf Gold Cup soccer tournament and 20th anniversary of tentpole music awards show Premios Juventud, which aired July 20 from Puerto Rico. In the U.S., however, ad sales declined 1% year-over-year.

Subscription and licensing revenue jumped 18%, to $473 million. Growth in both the U.S. and Mexico was driven by ViX’s premium tier, pricing growth on linear subscribers and increased content licensing revenue driven by demand for ViX premium content. (The company does not break out the number of ViX premium subscriptions.) According to the company, TelevisaUnivision improved losses in its direct-to-consumer business by almost 60% in Q3.

Net income was $46.4 million, up 38%, thanks to a $29.5 million gain on the sale of certain assets.

“TelevisaUnivision delivered another strong quarter of double-digit growth, which propelled us to historic highs in a number of areas in our business, including record third quarter revenue in the U.S.,” CEO Wade Davis said in prepared remarks.

On linear TV in the U.S., TelevisaUnivision captured 65% share of primetime Spanish-language viewing in the quarter, its highest market share in nearly a decade; its primary rival in the U.S. is NBCUniversal’s Telemundo. In Mexico, the company’s flanker Canal 5 “out-delivered the main channel of our largest competitor for the first time in history,” Davis said.

During the quarter, the company expanded ViX’s distribution footprint with the launch on Vizio, LG and Hisense smart TV, to now have nearly full coverage of the connected TV market.

TelevisaUnivision, formed through the January 2022 merger of Televisa and Univision Communications, lays claim to being the top producer of original content in Spanish across news, sports and entertainment. In addition to broadcast networks Univision, Las Estrellas, Canal 5 and UniMas, the company owns a portfolio of 38 cable networks, which include TUDN, Galavision, Distrito Comedia and TL Novelas. It also operates Mexican movie studio Videocine, and owns and operates the largest Spanish-language audio platform in the U.S. across 35 terrestrial stations and the Uforia digital platform.

Pictured above: Danna Paola (l.) and Sofía Reyes perform at the 2023 Premios Juventud Awards in San Juan, Puerto Rico

pull the pin mod apk v0 138 1 unlimited coins playmods
evony apk mod unlimited gems 2022 ios and android twitter
pdf free dice dreams rolls generator update 2023 vi7q
project makeover game hacks tiktok search
download beach buggy racing mod apk 2021 premium
Free TikTok Coins: Where to Find Them
Où trouver des pièces gratuites sur TikTok : Votre guide
How to Legally and Quickly Get Free Spins in Coin Master
Unlocking Free Avacoins in Avakin Life: A Comprehensive Guide
Free Credits in Bingo Blitz: Insider Secrets
Earn Free Spins in Coin Master Like a Pro
genshin impact codes guide get free primogems and mora
How to Get ZEPETO Zems Legally and Quickly
match masters free coins archives crazyashwin
Free TikTok Coins: The Holy Grail of Success
Free Gems in Brawl Stars: The Future of Brawl Gaming
new cheats dragon city free gems mod generator freemind
free family island hack cheats unlimited rubies and energy
hay day hack generator s profile hackaday io
litmatch mod apk 2022 free vip mod unlimited diamond
myths of moonrise by starfortune apps games appgrooves
pdf portable generator buffalo tools
mcqlm evony the kings return hack new 2022 updated
dice dreams v1 53 2 10316 mod apk unlimited rolls coins spin
project makeover unlimited coins cheat ios android 100 working
beach buggy racing mod apk 2023 01 11 free purchase
How to Earn TikTok Coins: Step-by-Step Tutorial
Sicherheit geht Vor: Schützen Sie Ihr Konto beim Verdienen von Münzen
Mastering the Art of Earning Free Spins in Coin Master
Avakin Life Avacoins Hack: Expert Recommendations

Leave a Reply

Your email address will not be published. Required fields are marked *