Hispanic media giantTelevisaUnivisionposted relatively flat results in the fourth quarter compared with the same period in 2023.
Revenue for the Mexico-U.S. firm in the frame ended December 31 slipped 1% to $1.3 billion.
Foreign currency fluctuations hurt the companys Mexico results during the quarter.
TelevisaUnivision’s 2022 upfront presentationCourtesy
Factoring out those headwinds, the unit posted double-digit gains.
Watch on Deadline
Subscription and licensing revenue increased 3% to $466 million.
The U.S. grew 5% to $347 million while Mexico declined 3% to $119 million.
