Overview

• TelevisaUnivision posted net income of $96.2 million in Q2, compared with $14.1 million a year earlier.
• Total revenue fell 4% to $1.21 billion as a 5% drop in advertising offset flat subscription and licensing income.
• Operating expenses fell 9% to $812 million, lifting adjusted operating profit by 10%.
• ViX streaming service topped 10 million global subscribers, boosted by live sports coverage and a new Disney distribution partnership.
• The company refinanced $1.5 billion of existing debt and is in talks to refinance loans maturing in 2027.