Thursday December 7, 2023

Univision Earnings Up As $4.8B Merger Nears

Seleccion MX/Design: Alex Brooks
Copy Link
Link Copied
Link Copied

Univision Communications, the Spanish-language media powerhouse, reported a first-quarter profit of $66 million on Friday, up from $11.7 million the previous year.

That momentum is good news for the network as it prepares to merge with Televisa, another Spanish-language media giant, later this year for $4.8 billion. 

The new entity will be called Televisa-Univision and will form the largest Spanish-language media company in the world.

While Univision is putting up a significant chunk of change, the companies are no stranger to each other. Televisa is already a large contributor to Univision’s success.

  • In 2010, Televisa invested $1.2 billion in Univision, giving it a 5% ownership stake. 
  • In 2016, the FCC approved a joint petition to increase Televisa’s stake in Univision to as much as 49%.
  • The following year, the companies merged their content development and production efforts, and in 2019, the pair merged their sports divisions.

In the new deal, Televisa will see its stake grow to 45% from 36%.

With extensive soccer coverage — Copa America, the Mexican League, Copa MX, and Liga MX — and partnerships with NFL and MLB teams, the company attributes its 7% quarterly increase in advertising revenue to growth in national advertising.

Univision has been privately owned since it was purchased by Broadcasting Media Partners for $13.7 billion in 2007.

Copy Link
Link Copied
Link Copied

What to Read

Goodell Makes ‘MNF’ Visit To Help Jaguars in $2B Stadium Talks

The Jaguars are exploring a $2 billion stadium deal.
A Chicago Bears helmet.

Yet Another Proposal for A New Bears Stadium: The Parking Lot

Popular tailgating site becomes latest stadium site possibility for NFL team.

Ex-Jags Employee Accused of Stealing $22M, Going on Massive Shopping Spree

Executive accused of using team funds to fund lavish personal lifestyle.
Jim Harbaugh

Jim Harbaugh Reportedly Eyes Five-Year Extension With Michigan

The Michigan coach is close to a $55 million contract. But the school wants written pledge he won't jump back to NFL.
podcast thumbnail mobile
Front Office Sports Today

Why the NBA May Have Made Billions With Midseason Tournament


Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.

CFP Considers Super Bowl-Like Rotation For National Championship Game

Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? "AG’s Office Has Not Expressed Interest In Pursuing"

The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.

The conference's future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple Locations
Multiple Locations
Creative Artists Agency
Multiple Locations
Sports Illustrated

‘The Amount of Useless Stuff You Guys Do Is Staggering.’ Inside a Shakeup at Sports Illustrated’s Publisher

The new owner of the company that operates SI made a jarring first impression Wednesday, warning his employees: 'No one is important.'
Eagles Niners
December 6, 2023

Eagles-49ers Achieves Fox's Highest Sunday Viewership of Season

Fox's broadcast of 49ers vs. Eagles pulls in 27.7M viewers.
December 6, 2023

NBA Viewers Like the In-Season Tourney. What About Broadcasters?

The NBA In-Season Tournament could attract new media partners.

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
ESPN Stephen A. Smith
December 5, 2023

Stephen A. Smith to ESPN: ‘I Want To Be Highest-Paid Talent’

With a No. 1 show, Stephen A. Smith wants to become number one in compensation.
December 5, 2023

Seminoles’ CFP Snub Opens New Front in Disney vs. Florida War

Florida lawmakers are already considering legislation to protest the College Football Playoff's exclusion of Florida State.
The Australia men's cricket team celebrating winning the 2023 ICC Men's Cricket World Cup.
December 4, 2023

Amazon Secures ICC Cricket Broadcast Media Rights in Australia

Prime Video will be Australia's exclusive home for ICC events through 2027.
English Premier League teams Leeds United and Brighton Hove & Albion in action during a match.
December 4, 2023

Premier League Reasserts Dominance With $8.5B Domestic Rights Deals

Deals achieve small rights fee increase for top European league.