TelevisaUnivision Reports Record Q3 U.S. Revenue, ViX Streamer Tops 40 Million Monthly Users
variety.comTodd Spangler NY Digital Editor TelevisaUnivision powered to its highest third-quarter revenue total in the U.S. to date, up 5% year-over-year, as overall global revenue increased 11% to $1.28 billion.
The Spanish-language media company also touted growth of streaming service ViX to more than 40 million monthly active users and said the direct-to-consumer segment was on track to become profitable in mid-2024.
Q3 advertising revenue was up 11%, to $777 million, which TelevisaUnivision attributed to record-setting sales for the Concacaf Gold Cup soccer tournament and 20th anniversary of tentpole music awards show Premios Juventud, which aired July 20 from Puerto Rico.
In the U.S., however, ad sales declined 1% year-over-year. Subscription and licensing revenue jumped 18%, to $473 million. Growth in both the U.S.
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