Overview
- TelevisaUnivision reported on Thursday that second-quarter revenue rose about 10% to nearly $1.33 billion while the company recorded a net loss of more than $10 million.
- Subscription and licensing revenue jumped roughly 40% to $621 million, with about $90 million attributed to sublicensing FIFA World Cup rights to other Latin American outlets.
- Mexico operations drove the gains, with advertising there up roughly 19–23% as World Cup telecasts drew heavy viewership and boosted content licensing and Vix premium sign-ups.
- U.S. advertising fell sharply, down about 29% to roughly $323 million, a decline the company links to competitive sports programming and rival Telemundo holding U.S. World Cup rights.
- Operating expenses rose about 16% to $940 million because of World Cup sports costs, and management says it will lean into soccer rights and streaming growth to try to restore margins and sustain audience momentum.