Get the latest gossip
TelevisaUnivision Narrows Q4 Loss Despite Impairment Charges
TelevisaUnivision narrowed its fourth-quarter losses due to U.S. business performance despite a significant impairment charge
“With our newly unified organizational structure, we are fully harnessing the strengths of Univision in the U.S. and Televisa in Mexico to drive further connectivity and expand our impact as a global content leader,” said Daniel Alegre, who was named CEO of the company last year. “Our platforms are home to the best Spanish language content — from dramas and comedies, to live sports, news and events –and we will continue to be steadfast in delivering the most dynamic offerings for our audience and the most impactful solutions for our commercial partners.” Alegre took the reins of TelevisaUnivision after Wade Davis, the former Viacom CFO who orchestrated a buyout of Univision in 2020 before merging it with Mexico’s Grupo Televisa in 2022, ceded his CEO role to him.
Or read this on Variety