A. Guttmann
Research Lead covering media
Grupo Televisa - statistics & facts
Televisa is one of the largest media conglomerates in Latin America - the holding encompasses a myriad of enterprises, with a focus on media and telecommunications, in the Americas and Europe. The group also runs events, a soccer team, and a stadium, among other businesses. In Mexico, its headquarter country, Grupo Televisa was second only to the giant América Móvil in the media and telecommunications segment in terms of revenue generated in 2023. The majority of Televisa's net sales comes from cable services and content production.
Earlier, at the end of January 2022, Televisa completed its 4.8 billion-dollar merger agreement with Univision, the leader of primetime TV among the Spanish-speaking audience in the United States. The result is TelevisaUnivision, of which the Mexican group holds a share of roughly 45 percent. By joining forces with the New York- based company, Televisa aims at an ambitious target: to create the largest Spanish-speaking subscription video-on-demand (SVOD) service in the world. In 2024, TelevisaUnivision made a move to change management – Wade Davies will become a vice chairman on the executive board, while Daniel Alegre is taking over as the CEO. This shift is aimed at fortifying the company’s U.S. operations.
With a foot in the U.S. and another in Mexico, Grupo Televisa and TelevisaUnivision are trying to stand tall amidst the biggest players in the global SVOD industry. The world is watching.
Grupo Televisa's notable M&As
In a strategical move to strengthen the subscriber base and simplify sales and commission frameworks across regional operations, Televisa acquired the remaining stakes in Sky Mexico. In April 2024 the deal was finalized, and AT&T divested its stake in Sky, giving full control of the company to Grupo Televisa. Sky’s satellite business will be merged with Televisa’s cable company Izzy. The details and costs of the transaction were not disclosed but the payout is meant to be long-term, in 2027 and 2028.Earlier, at the end of January 2022, Televisa completed its 4.8 billion-dollar merger agreement with Univision, the leader of primetime TV among the Spanish-speaking audience in the United States. The result is TelevisaUnivision, of which the Mexican group holds a share of roughly 45 percent. By joining forces with the New York- based company, Televisa aims at an ambitious target: to create the largest Spanish-speaking subscription video-on-demand (SVOD) service in the world. In 2024, TelevisaUnivision made a move to change management – Wade Davies will become a vice chairman on the executive board, while Daniel Alegre is taking over as the CEO. This shift is aimed at fortifying the company’s U.S. operations.
The long way to streaming expansion
The debut of Televisa in the video streaming market took place in 2016 with Blim, a platform that has not gone very far. At the end of 2021, it held less than a two-percent market share in the SVOD segment in Mexico. The service did not manage to break through in the competitive market and by 2022 it was merged with Vix – an ad-supported video streaming platform belonging to TelevisaUnivision. Its content included own programming and that licensed from third-party providers. At the same time, a premium service Vix+ was launched to cater to SVOD audiences, but it was later merged under one umbrella brand Vix in 2023. By the end of 2029, Vix is expected to gather 4.9 million subscriptions among other VOD platforms in present in Latin America.With a foot in the U.S. and another in Mexico, Grupo Televisa and TelevisaUnivision are trying to stand tall amidst the biggest players in the global SVOD industry. The world is watching.
