Privately Held Hispanic Media Giant Offers Q2 Preview

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When it was simply Univision Communications, it had ambitions of a sizable initial public offering of stock. That never transpired, as Univision merged with iconic Mexican media brand and longtime content partner Televisa to become TelevisaUnivision.


The company regularly offers its quarterly earnings results, even though it isn’t publicly traded. Now, it has shared what it expects to report for the three months ended June 30.

Q2 consolidated revenue for TelevisaUnivision is forecast to fall in the range of $1.205 billion to $1.210 billion. That reflects a slight decrease from the Q2 2024 consolidated revenue of $1.257 billion.

The key reason? Foreign exchange rate fluctuations between the U.S. Dollar and the Mexican Peso, along with “softness” in U.S. advertising revenue, which resulted in low single-digit declines.

However, TelevisaUnivision notes that performance improved sequentially from the first quarter of 2025 as linear ratings began to stabilize.

The Company experienced flat to low single-digit growth in Mexico advertising revenue (measured in Pesos), and this was driven by ViX and sports programming while being partially offset by a decline in local advertising revenue.

Subscription and licensing revenue remained flat, as growth from ViX was offset by declines in linear revenue, particularly in Mexico, due to the timing of renewal cycles with key distribution partners.

TelevisaUnivision also expects to report operating income before depreciation, amortization and certain additional adjustments to operating income (Adjusted OIBDA) for Q2 of between $395 million and $400 million, up from $362 million for the same period in 2024.

The increase in Adjusted OIBDA is driven by cost reductions implemented at the beginning of 2025, the company led by Daniel Alegre said.

The preliminary results and estimates are based on management’s initial review of the company’s operations for Q2 and management’s expectations regarding performance through the remainder of the fiscal quarter. They were prepared by, and are the responsibility of, TelevisaUnivision management have not been audited or reviewed by independent registered public accounting firm KPMG LLP.