TelevisaUnivision, which operates the ViX streaming platform across the Americas, saw overall revenue rise during the first quarter as it brought Winter Olympics broadcasts to Mexico.
But higher direct operating costs for the Spanish language media giant and lower U.S. advertising sales as NBC broadcast the Milan Cortina Olympics stateside led to operating income falling to $163 million for the three months to March 31, 2026, against $187 million during the same period last year.
Overall revenue rose 5 percent to $1.07 billion, while U.S. total revenue was flat at $708 million, as overall revenue in Mexico grew 17 percent to $367 million due in part to exchange rate impacts. Advertising revenue fell 3 percent to $546 million, with U.S. advertising revenue falling 12 percent to $310 million as streaming ad sales offset softer linear networks advertising revenue.
In Mexico, advertising revenue rose 13 percent to $236
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