TelevisaUnivision CEO Wade Davis said the dual strikes crippling Hollywood have “zero impact” on his company’s operations due to the Hispanic media giant’s programming supply chain. “The first thing I would say is that I’m sad to see the conflict,” Davis said on the privately held company’s second quarter earnings call. “We hope that this gets resolved favorably and quickly for all the parties involved.
That said, it has zero impact on us. Nearly 100% of our production is outside the U.S. Nearly 100% of our content is original and produced by our content engine, which is vertically integrated.
In Q2 alone, we produced 24,000 hours of content across original entertainment, news and sports. And the only real unionization we have in our infrastructure is the unionization of the physical production labor.” Prior to leading the acquisition of Univision and spearheading its $4.8 billion merger with the entertainment division of Grupo Televisa in 2022, Davis spent 12 years as a senior exec at Viacom.
His experience at the MTV and Nickelodeon parent immersed him in media advertising, and on the call he argued that TelevisaUnivision’s non-U.S.
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