The company’s total revenue was one billion dollars.
TelevisaUnivision reported financial results for the first quarter of 2025, declaring that consolidated total revenue was US$1.0 billion compared to US$1.1 billion reported in the prior year quarter, reflecting foreign exchange headwinds, the absence of the prior year’s broadcast of the Super Bowl in the U.S. and the impact of the renewal cycle with key distribution partners in Mexico.
U.S. revenue declined 4% to US$709 million, or 1% excluding the Super Bowl. Mexico revenue declined 23% to US$315 million, or 9% excluding FX.
Advertising revenue decreased 13% to US$563 million, or 3% excluding foreign exchange and the Super Bowl in the U.S. in the year prior. In the U.S., advertising revenue decreased 11% to US$354 million as growth in DTC advertising revenue was offset by linear softness and the absence of the prior year’s broadcast of the Super Bowl. Excluding the Super Bowl, U.S. advertising revenue declined 6%. In Mexico, advertising revenue grew 1% in local currency driven by private sector growth across both linear and DTC and the strong performance of sports content including Liga MX and the Super Bowl.
Subscription and licensing revenue decreased 7% to US$438 million, but grew 1% excluding foreign exchange and the aforementioned distribution renewal cycle in Mexico. The growth was driven by ViX’s premium tiers in both geographies offsetting lower sports licensing revenue. The U.S. grew 5% to US$344 million while Mexico declined 36% to US$94 million, or 15% excluding foreign exchange and the impact of the renewal cycle in the country.
Operating expenses decreased 17% to US$679 million, or 12% excluding the impact of FX, driven by lower entertainment and sports costs and the normalization of our DTC related investments. Adjusted OIBDA grew 5% to US$345 million, or 10% excluding the impact of FX, reflecting the optimization of our cost base and DTC profitability.
“We delivered strong operational execution in the first quarter, resulting in adjusted OIBDA growth and sustained momentum against our strategic priorities,” said Daniel Alegre, CEO of TelevisaUnivision. “As we continue to evolve the company in 2025, we are driving tighter alignment and integration between our teams in the U.S. and Mexico, and we are building a more agile and efficient organization. Our reimagined content strategy is strengthening our connection to verticals that deeply resonate with our audience, while the continued growth of ViX has enabled us to execute a more robust cross-platform strategy. Our focus on streamlining our business operations will improve operating margins, and we remain committed to deleveraging and strengthening our balance sheet.”
