Daniel Alegre Courtesy of TelevisaUnivision Share on Facebook Share on X Share to Flipboard Send an Email Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Print the Article Post a Comment Spanish-language media giant TelevisaUnivision reported higher adjusted profitability for its third quarter, driven by "continued growth" in streaming profits and the impact of previously taken cost efficiency measures. But the company on Thursday posted a 2 percent U.S. revenue decline to $831.3 million in the third quarter of 2025 as an 11 percent advertising revenue drop couldn't be fully outweighed by an 11 percent gain in subscription and licensing revenue, which is smaller in dollar terms. When excluding political ads, U.S. revenue would have been steady. Related Stories Movies 'Shogun' Star Takehiro Hira to Receive The Hollywood Reporter's Trailblazer Award at Tokyo Film Festival Movies 'Nosferatu,' 'Sinners,' 'The Studio' and 'Severance' Colourists Nominated for FilmLight Colour Awards The U.S. ad drop to $428.2 million, which amounted to 8 percent when excluding political advertising, came as growth in direct-to-consumer (DTC), or streaming, was more than offset "by softness in linear." In Mexico, advertising revenue increased 3 percent to $327 million, driven by growth in DTC. Subscription and licensing revenue grew 3 percent in the latest quarter to $493 million. "The growth was driven by ViX's premium tier and higher content licensing revenue, partially offset by linear subscription declines primarily related to the renewal cycle with a key distribution partner in Mexico that was partially offset by growth in the U.S.," the company said. The U.S. recorded an 11 percent gain to $388 million, while Mexico declined 17 percent, but grew 5 percent when excluding the renewal cycle impact. TelevisaUnivision had reported its first streaming profit in the third quarter of 2024. ViX is expected to be the fastest-growing subscription streaming service in the Americas in 2025, according to Ampere Analysis forecasts. Total third-quarter revenue of $1.3 billion was down 3 percent, or 1 percent when excluding political advertising. In Mexico, revenue fell 3 percent. Operating expenses declined by 8 percent, though, to $804.0 million. TelevisaUnivision's operating income for the third quarter came in at $265 million, down from $419 million in the prior year, when a gain from the sale of non-core towers boosted results. Excluding for that year-ago gain, operating income rose 3 percent. Adjusted operating income before depreciation and amortization (OIBDA) increased 9 percent to $467 million in the third quarter, "driven by continued DTC profitability growth and the sustained benefits of cost efficiency initiatives implemented at the end of 2024," TelevisaUnivision said. It didn't immediately detail the size of the DTC profit. "Our third-quarter results demonstrate the disciplined execution of our reimagined content strategy and the continued momentum of ViX as a key growth engine," said TelevisaUnivision CEO Daniel Alegre. "Our leadership is further cemented by the audience we serve - wielding outsized influence in the U.S., unrivaled in Mexico, and driving cultural and commercial impact around the world." THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up imax Imax Quarterly Earnings Surge on Box Office Lift From 'F1: The Movie,' 'Demon Slayer' Nobody Wants This Airbnb and Netflix Partner to Let People Get a Real-World Taste of 'Nobody Wants This' (Exclusive) Theater Broadway Musicians Reach Tentative Agreement, Averting Strike OpenAI Is Netflix a Friend or Foe to AI? Power Business Managers 2025 What a Top Entertainment Lawyer Makes of Hollywood's AI Fears Video Games NFL Locks Up 'Madden' Game Franchise Long-Term and Goes Global With Amazon in Wave of Deals imax Imax Quarterly Earnings Surge on Box Office Lift From 'F1: The Movie,' 'Demon Slayer' Nobody Wants This Airbnb and Netflix Partner to Let People Get a Real-World Taste of 'Nobody Wants This' (Exclusive) Theater Broadway Musicians Reach Tentative Agreement, Averting Strike OpenAI Is Netflix a Friend or Foe to AI? Power Business Managers 2025 What a Top Entertainment Lawyer Makes of Hollywood's AI Fears Video Games NFL Locks Up 'Madden' Game Franchise Long-Term and Goes Global With Amazon in Wave of Deals