Daniel Alegre, CEO of TelevisaUnivision
Media conglomerate TelevisaUnivision released its financial results for the last quarter of 2024 and an annual performance review. A key highlight was ViX’s profitability after previous reports showed losses.
The company’s total revenue from October to December reached US$1.345 billion, with US$836 million from the U.S. and US$509 million from Mexico.
For 2024, TelevisaUnivision reported revenue of US$5.1 billion, a 3% increase from the previous year, and annual profits of US$1.6 billion. The report attributed part of this growth to political advertising linked to the presidential elections and revenue from sports events.
ViX generated over US$1 billion in revenue, and the company confirmed that it turned a profit, though the exact figure was not disclosed. They also noted that the platform had been in positive financial territory since Q3 2024.
Televisa’s stock on the New York Stock Exchange (NYSE) remained relatively stable after the trading session, closing at US$2.07. Notably, over the past month (mid-January to mid-February), the company’s shares have risen by 17%.
Este es el nuevo equipo de liderazgo ejecutivo de TelevisaUnivision
Conozca al nuevo equipo de liderazgo ejecutivo de TelevisaUnivision
