Spanish-language media giant TelevisaUnivsion said it narrowed its losses in the fourth quarter as it generated profits from its ViX streaming service and grappled with sluggish ad trends in the United States.
The owner of the Univision TV network reported a net loss of $234.7 million, compared with a loss of $809.7 million in the year earlier period. Revenue fell 2% to $1.32 billion.
“We meaningfully transformed our business and delivered on the expectations that we set at the outset of the year,” said Daniel Alegre, CEO of TelevisaUnivision, in a prepared statement. “ViX delivered record revenue, achieved profitability in every quarter, and expanded operating margins throughout the year, evolving into a scalable growth engine that is now a strategically central component to our business model. In 2026, we are building on this momentum to deepen audience engagement, unlock greater value for our partners, and reinforce our leadership as the Voice of Hispanics.”
TelevisaUnivision has been working to bolster its balance sheet after Alegre took its corporate reins of TelevisaUnivision from Wade Davis, the former Viacom CFO who orchestrated a buyout of Univision in 2020 before merging it with Mexico’s Grupo Televisa in 2022, ceded his CEO role to him. Alegre was president and chief operating officer of Activision Blizzard, which was acquired for $69 billion by Microsoft. Davis remains TelevisaUnivision’s vice-chairman. Since Alegre joined in 2024, TelevisaUnivision has been working to streamline operations that had previously been siloed by geographic region. The company owns media assets in both the United States and Mexico
Revenue in the U.S. revenue declined 7% to $777 million, or 3% excluding political advertising. Revenue from operations in Mexico rose 7% to $546 million. Advertising revenue was flat at $856 million. In the U.S., advertising revenue declined 11% to $423 million. In Mexico, advertising revenue grew 15% to $433 million.
The company said revenue from subscriptions and licensing fell 4% to $446 million. Revenue in the U.S. fell 2% to $341 million, while revenue from Mexico operations declined 12% to $105 million.
English (US) ·