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TelevisaUnivision Reports Flat U.S. Ad Revenue In Q1
TelevisaUnivision reported a 7% year-over-year increase in revenue due to direct-to-consumer proceeds and linear networks in Mexico, but flat domestic ad revenue dragged down overall results.
In the U.S., though, ad revenue was flat with the prior year, with the company saying that growth in streaming was offset by “some softness” in its linear networks. Growth in both the U.S. and Mexico was driven by ViX’s premium tier, but linear TV continued to experience subscriber losses. Univision and the media holdings of Mexico’s Grupo Televisa closed their $4.8 billion merger in January 2022.
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