
TelevisaUnivision Trims Fourth-Quarter Loss Despite Lower Ad Revenue, Touts Rising Streaming Profit
The Spanish-language media giant, led by CEO Daniel Alegre, saw ViX streaming growth continue to offset legacy TV declines and lower U.S. advertising trends.
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TelevisaUnivision Trims Fourth-Quarter Loss Despite Lower Ad Revenue, Touts Rising Streaming Profit
The Spanish-language media giant, led by CEO Daniel Alegre, saw ViX streaming growth continue to offset legacy TV declines and lower U.S. advertising trends.
By Etan Vlessing
Read full article →TelevisaUnivsion Narrows Losses in Q4
Spanish-language media giant TelevisaUnivsion said it narrowed its losses in the fourth quarter as it generated profits from its ViX streaming service and grappled with sluggish ad trends in the United States. The owner of the Univision TV network reported a net loss of $234.7 million, compared with a loss of $809.7 million in the […]
By Brian Steinberg
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