Latest news with #Univision
Yahoo
a day ago
- Business
- Yahoo
TelevisaUnivision Cuts Expenses to Boost Q2 Profit Amid Dips in Ad, Subscription Revenue
Spanish-language giant TelevisaUnivision said it had to rely on trimming expenses to boost second-quarter profit as the company faces a decline in overall ad revenue as well as monies from subscriptions and licensing. The owner of the Univision broadcast network said net income increased handily as it worked to cut operating costs and general and administrative expenses. Since CEO Daniel Alegre joined last year, TelevisaUnivision has been working to streamline operations that had previously been siloed by geographic. They company owns media assets in both the United States and Mexico. More from Variety Netflix Beats Q2 Earnings Expectations, Revenue Jumps 16% TelevisaUnivision Parts Ways With Ad-Sales Chief Donna Speciale Amid Upfront Talks Starz, Newly Separated From Lionsgate, Sees Quarterly Revenue Drop 6% as It Takes $168 Million Content Impairment Charge Net income increased to $96.2 million in the second quarter, compared to $14.1 million in the year-earlier period. Revenue was off 4%, to $1.21 billion. 'This quarter reflects meaningful progress across our business, driven by a reimagined content strategy that's beginning to show strategic payoff,' said Daniel Alegre, in a prepared statement. 'By taking a holistic view of our investments—across premium scripted, live sports, and multiplatform content—we're seeing stronger performance and deeper audience engagement.' 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. The company said advertising revenue fell 5% to $742 million. U.S., advertising revenue dipped 2% to $455 million — still an improvement over the first quarter due to sports viewership. Revenue from subscriptions and licensing was flat at $443 million. Operations were boosted by consumers subscribing to the premium tiers of ViX, the company's streaming service. Even so, TelevisaUnivision faced headwinds largely due to a renewal cycle with what the company called 'a key distribution partner in Mexico.'Operating expenses decreased 9% to $812 million. The company revealed that it now has more than 10 million subscribers to ViX around the world, compared with around 7 million detailed at the end of 2023. Best of Variety New Movies Out Now in Theaters: What to See This Week 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? Final Emmy Predictions: Talk Series and Scripted Variety - New Blood Looks to Tackle Late Night Staples
Forbes
3 days ago
- Politics
- Forbes
Jorge Ramos, On His Digital Reinvention: ‘I'm Not Ready To Retire'
Jorge Ramos, in the studio where he films "Así Veo Las Cosas" — his news series that blends ... More journalism with the intimacy of social media. To Jorge Ramos, neutrality is a four-letter word. After nearly four decades as a Univision anchor — a high-profile perch that eventually turned him into, according to The Guardian, the best-known journalist in the Spanish-speaking world — the 67-year-old Ramos left behind the television news industry that defined much of his career to launch an independent, internet-based news program. His new show, which debuted in June and can be found across YouTube, TikTok, Instagram, Facebook, and X, is called Asi Veo las Cosas — Spanish for 'That's how I see things.' In other words, it's not the kind of show that clings to the familiar 'voice from nowhere' objectivity that characterizes much of legacy journalism. Instead, Asi Veo las Cosas is largely an extension of Ramos' world view — which he described in a phone interview with me as, basically, 'pro-immigrant, pro-democracy, and pro-freedom.' Why Jorge Ramos believes journalism should take a stand 'I personally have no problem with objectivity,' said Ramos, who was born in Mexico and moved to the U.S. in the 1980s to escape press censorship. 'If something is red, we say it's red. If 16 people died, we say 16. And if you make a mistake, you correct it and move on. But sometimes, and I understand this might be controversial in certain places, sometimes as a journalist you have to take a stand. 'I don't think neutrality is a journalistic value.' Of course, no one who's followed his career up to this point needs him to spell that out. After all, he's built a career out of amplifying the voices of marginalized communities and confronting politicians — from calling President Obama 'deporter-in-chief' during a Univision interview in 2014 to his tense exchange with Venezuelan dictator Nicholas Maduro in 2019 at the presidential palace in Caracas, during which he called the strongman 'illegitimate.' And now, he's running a digital platform with a clear point of view, one that's both a reinvention and a return to form — bringing him closer to the audiences he's always fought for. He spends time during his broadcasts, for example, responding directly to viewers. One recent episode found him speaking directly to the camera about a woman named Yocari Villagómez who'd lived in the U.S. for 12 years, with no criminal record. Despite being married to an American citizen, she was told she had to leave — and so made the difficult decision to self-deport to Mexico, with her husband by her side. In recent days, he also traveled to Brooklyn to surprise a young student named Camila who wants to follow in Ramos' professional footsteps. 'I knew that after television I needed to reinvent myself,' Ramos said. 'At 67, I'm not ready to retire. I see the numbers — millions of people viewing what I'm doing online — and the immediate communication I have with the audience that I didn't have before.' Still, he admits the shift comes with challenges. 'I'm still figuring out how to monetize a news operation like the one I'm in,' he added. But for Ramos, the motivation is about more than business. 'I believe that journalists never retire. And I still have a battle to fight.' At the center of that battle is the animating force — contrapoder, a Spanish word that literally means to be against power — that's characterized his work for pretty much the entirety of his career. 'I think that as journalists, we have two main responsibilities: The first one is to report reality as it is, not as we wish it would be. And the second one, which is the most important social responsibility that we have, is to question and to challenge those who are in power. I think if we applied this to every situation – Democrats or Republicans, tyrants or not — and if you as a journalist always try to position yourself as contrapoder, in other words on the other side of power, you will be fine.' This philosophy also places Ramos squarely inside a broader debate about objectivity. For much of the 20th century, American journalism upheld what the Columbia Journalism Review recently described as a belief that 'detached fact-finding' is the highest standard worth pursuing. But critics like NYU's Jay Rosen argue that this approach has granted journalists 'unearned authority' and discouraged them from owning perspectives for which there is no alternative viewpoint. Ramos agrees. For him, neutrality in the face of things like racism, human rights violations, or corruption is actually closer to complicity. In fact, it was watching American journalists freely criticize President Ronald Reagan that convinced him to stay in his adopted country. 'I love this country,' Ramos said of the U.S.. 'This country gave me opportunities my country of origin couldn't. But I've never seen so much fear out there as I see now. However, I think this too shall pass. The essence of the United States — freedom, diversity, opportunity — will prevail. But we have to fight for it. Like never before.'
Daily Mail
5 days ago
- Entertainment
- Daily Mail
Woke writer shares her delight at Hulk Hogan's DEATH and says she's 'dancing on his grave'
A writer who worked for the media company sued into bankruptcy by Hulk Hogan after it published a sex tape featuring the wrestler crassly celebrated the sports icon's death on Thursday at 71. 'So Hulk Hogan died,' science writer Yvette d'Entremont posted on X just hours after Hogan's death. 'As a former Gawker writer (as are all Gawker writers thanks to Hulk Hogan), I won't be the first or the last to say "f**k that guy." 'Dance on any grave you want to, but this one's mine.' D'Entremont formerly wrote for Gawker, which a jury found liable for invasion of privacy for publishing a private sex tape that featured Hogan without his consent. The wrestler was awarded $115 million in compensatory damages, $25 million in punitive damages, and a $31 million settlement. The decision forced Gawker Media to file for bankruptcy and put itself up for sale in June 2016. The site's new owner, Univision, swiftly shuttered the site. D'Entremont's comments on Thursday earned immediate backlash from critics. 'As a former Gawker writer (as are all Gawker writers thanks to Hulk Hogan ), I won't be the first or the last to say "f**k that guy,"' science writer Yvette d'Entremont posted on X just hours after Hogan's death D'Entremont formerly wrote for Gawker, which a jury found liable for invasion of privacy for publishing a private sex tape that featured Hogan without his consent 'Making every Gawker writer a former Gawker writer was perhaps [Hogan's] greatest achievement. If he had done nothing else, his life was worthwhile,' one X user commented. 'Remember when he made your entire company dissolve LMFAO,' sniped another. 'Hi Yvette, have you considered for even a moment the possibility that you are one of the bad guys?' a third chimed in. The torrent of criticism led d'Entremont to double-down on her remarks. '[T]ell yourselves whatever you have to because you're mad about a wrestler dying,' she added in a follow-up post. 'I also took great pleasure reading the obituaries of Henry Kissinger and Rush Limbaugh, and I won't apologize for those either,' the 43-year-old added in a later post, referring to the conservative former Secretary of State and conservative radio star. D'Entremont has published a science-based blog under the pseudonym SciBabe. Her most recent post on the site came in January 2024. She has also worked in B2B sales, as an adjunct professor of chemistry, and in industry and research labs as a chemist. Her blog became 'a fulltime job' in 2015, the site states. Hogan was
Yahoo
22-07-2025
- Business
- Yahoo
TelevisaUnivision Announces Second Quarter 2025 Results
MIAMI, July 22, 2025--(BUSINESS WIRE)--TelevisaUnivision, the world's leading Spanish-language media company, today announced financial results for the second quarter ended June 30, 2025. Please visit the company's Investor Relations website at to view the financial results and earnings materials. The company will host a conference call today to discuss the results at 11:00 a.m. ET / 8:00 a.m. PT. The live webcast and replay of the call will be available at The call will also be accessible by dialing (800) 267-6316 (within U.S.) or (203) 518-9783 (outside U.S.). About TelevisaUnivision TelevisaUnivision is the world's leading Spanish-language media company. Powered by the largest library of owned Spanish-language content and a prolific production capability, TelevisaUnivision is the top producer of original content in Spanish across news, sports and entertainment verticals. This original content powers all of TelevisaUnivision's platforms, which include market-leading broadcast networks Univision, Las Estrellas, Canal 5 and UniMás, and a portfolio of 38 cable networks, which include TUDN, Galavisión, Distrito Comedia and TL Novelas. The company also operates the leading Mexican movie studio, Videocine, and owns and operates the largest Spanish-language audio platform in the U.S. across 35 terrestrial stations and the Uforia digital platform. TelevisaUnivision is also the owner of ViX, the largest Spanish-language streaming platform in the world. For more information, please visit View source version on Contacts Investor Relations: Paul Calocino | pcalocino@ Media Relations: Alyssa Bernstein | abernstein@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-07-2025
- Business
- Business Wire
TelevisaUnivision Announces Second Quarter 2025 Results
MIAMI--(BUSINESS WIRE)--TelevisaUnivision, the world's leading Spanish-language media company, today announced financial results for the second quarter ended June 30, 2025. Please visit the company's Investor Relations website at to view the financial results and earnings materials. The company will host a conference call today to discuss the results at 11:00 a.m. ET / 8:00 a.m. PT. The live webcast and replay of the call will be available at The call will also be accessible by dialing (800) 267-6316 (within U.S.) or (203) 518-9783 (outside U.S.). About TelevisaUnivision TelevisaUnivision is the world's leading Spanish-language media company. Powered by the largest library of owned Spanish-language content and a prolific production capability, TelevisaUnivision is the top producer of original content in Spanish across news, sports and entertainment verticals. This original content powers all of TelevisaUnivision's platforms, which include market-leading broadcast networks Univision, Las Estrellas, Canal 5 and UniMás, and a portfolio of 38 cable networks, which include TUDN, Galavisión, Distrito Comedia and TL Novelas. The company also operates the leading Mexican movie studio, Videocine, and owns and operates the largest Spanish-language audio platform in the U.S. across 35 terrestrial stations and the Uforia digital platform. TelevisaUnivision is also the owner of ViX, the largest Spanish-language streaming platform in the world. For more information, please visit
