TelevisaUnivision First-Quarter Revenue Rises 12 Percent as U.S. Advertising Grows 14 Percent

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TelevisaUnivision First-Quarter Revenue Rises 12 Percent as U.S. Advertising Grows 14 Percent
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The Spanish-language TV powerhouse was created via a mega-deal that closed at the end of January.

TelevisaUnivision’s advertising revenue in the first quarter increased 12.0 percent on that basis to $569 million, including a 14.3 percent gain in U.S. advertising revenue, “driven by the very successful 2021/2022 upfront, which had the highest volume and price growth in the company’s history, new brand activations, growth in previously low-volume accounts and improvements in all major sectors.” Subscription and licensing revenue rose 14.3 percent to $407 million.

Pro-forma operating income before depreciation and amortization, a key profitability metric, reached $397 million, compared with $372 million in the year-ago period. Quarterly

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