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TelevisaUnivision Reports Mixed Q2 as World Cup Boosts Mexico, Hurts U.S.

TelevisaUnivision, the Spanish-language media giant led by CEO Daniel Alegre, reported mixed second-quarter financial results, with the FIFA World Cup driving growth in Mexico but causing a decline in the United States. Total revenue rose 10% from a year earlier to $1.3 billion, fueled by a 53% surge in Mexico, where the company holds World Cup broadcasting rights. In Mexico, advertising revenue jumped 23% as 675 million total viewers tuned in. However, in the U.S., where rival Telemundo controls the World Cup rights, TelevisaUnivision's advertising revenue dropped 29%. The contrasting performance highlights the impact of major sports events on media companies. The results reflect a challenging environment for Spanish-language media in the U.S., offset by strong demand in Mexico.

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