TelevisaUnivision Reports Mixed Q4 2024 Results with U.S. Growth and Mexican Declines

The Spanish-language media giant narrowed its quarterly losses but faced challenges from impairment charges and foreign exchange impacts.

TelevisaUnivision's Q4 2024 revenue declined 1% to $1.3 billion, with U.S. revenue rising 2% but Mexican revenue impacted by foreign exchange fluctuations.
The company's quarterly loss narrowed to $809.7 million from $912.1 million in Q4 2023, despite a $900 million non-cash impairment charge.
Political advertising during the U.S. election cycle contributed $70 million, boosting U.S. ad revenue by 2% to $475.6 million for the quarter.
TelevisaUnivision's streaming platform ViX achieved profitability for the second consecutive quarter, generating $1 billion in annual revenue for 2024.
CEO Daniel Alegre emphasized the company's unified structure and its role in reaching Hispanic audiences across the U.S. and Mexico.