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Univision First Quarter 2022 Results Show Advertising Revenue Up

TELEVISAUNIVISION announced UNIVISION s Q1 2022 numbers showing its advertising revenue up 12% as the company closed its merger with TELEVISA. Subscription and Licensing revenue was up 14.3%. UNIVISION launched its ViX AVOD, free, ad-supported video on demand service with plans to launch a subscription side, ViX+, later this year.TELEVISAUNIVISION CEO WADE DAVIS stated, "Our first quarter of 2022 clearly demonstrated the great potential of our now combined company. We continue to move . ....

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Grupo Televisa, Univision Complete Merger

UNIVISION and MEXICO s GRUPO TELEVISA have closed on their merger, forming TELEVISAUNIVISION, which the parties characterize as the largest Spanish-language media company in the world. TELEVISA contributed its content assets valued at $4.8 billion to the merger, while UNIVISION contributed $3 billion cash, $1.5 billion of UNIVISION equity, and $300 million from other sources. TELEVISA holds an equity stake of about 45% in the combined company, which owns the UNIVISION and UNIMAS . ....

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