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TelevisaUnivision Posts Small Q3 Gains, Largely From U.S. Political Ads, As Daniel Alegre CEO Era Begins
Revenue and adjusted OIBDA (a proxy for profit) inched up in the third quarter at TelevisaUnivision as CEO Daniel Alegre took the helm of the company.
Revenue and adjusted OIBDA (a proxy for profit) inched up in the third quarter at TelevisaUnivision as CEO Daniel Alegre took the helm of the Spanish-language media giant. Last month, Alegre replaced Wade Davis, who led a group of investors to acquire Univision and merge it with the entertainment arm of Mexico’s Grupo Televisa. Excluding the impact of currency exchange rates, Mexico advertising revenue grew 10%, reflecting the acquisition of third-party ad inventory and popular sports content including Copa America and the Olympics.
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