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02.12.2024 / 16:03

TelevisaUnivision CEO Unveils Layoffs, Restructures Executive Team

Brian Steinberg Senior TV Editor The CEO of Spanish-language giant TelevisaUnivision said he would restructure his executive team and cut jobs in a move he said was “aimed at strengthening our position for 2025 and beyond.” In a memo to employees sent Monday, Daniel Alegre, who was named CEO in September, indicated he wanted to tear down some walls between different kinds of media, and move to work more closely with clients. ” Our partners’ needs are evolving, and we must serve them in ways no one else can in the market,” Alegre said. As a result, Alegre said he planned to reorganize some teams.

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TelevisaUnivision Laying Off Hundreds Of Workers In Restructuring; CEO Daniel Alegre Revamps Senior Leadership Team

TelevisaUnivision, challenged like all traditional media companies by cord-cutting and an unsettled ad market, is laying off several hundred workers in a restructuring.

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New TelevisaUnivision CEO Calls Engaging With Viewers “In Their Own Language” A Game Changer As Hispanic Voters Key To Presidential Election

CEO Daniel Alegre, at the helm of TelevisaUnivision for three weeks, said the political influence of U.S. Hispanic voters has never been more evident than in the current Presidential cycle, “where our audience will play a decisive role in the outcome of this election in the United States.” It was his first quarterly earnings call for the giant Spanish-language producer, broadcaster and parent of Vix streaming platform created from the merger of Univision and Mexico’s Television.

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U.S. Political Advertising Helps Boost Q3 for TelevisaUnivision

Brian Steinberg Senior TV Editor Gains in U.S. advertising revenue and the sale of a set of broadcasting towers helped Spanish-language giant notch increase profits in the third quarter, after the company changed its top executive in September. The broadcaster, which owns the Univision broadcast network in the U.S., said net income increased to $180.9 million in the third quarter, compared with $46.4 million in the year-earlier period.

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TelevisaUnivision Posts Small Q3 Gains, Largely From U.S. Political Ads, As Daniel Alegre CEO Era Begins

Revenue and adjusted OIBDA (a proxy for profit) inched up in the third quarter at TelevisaUnivision as CEO Daniel Alegre took the helm of the Spanish-language media giant.

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TelevisaUnivision CEO Wade Davis Out As Ex-Activision Blizzard Boss Daniel Alegre Takes Over ASAP

TelevisaUnivision is going to have a new boss in the morning.

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Daniel Alegre Named CEO of Spanish-Language Giant TelevisaUnivision

Brian Steinberg Senior TV Editor Daniel Alegre will take the reins of Spanish-language media giant TelevisaUnivision, putting an executive with strong operational experience in digital media at the helm of a company that seeks to make gains as its English-language competitors grapple with the rise of streaming. Wade Davis, the former Viacom CFO who took over Univision in 2020 and then merged it with Mexico-based Grupo Televisa in 2022, will become the company’s vice chairman and continue as a member of the executive committee of the Board of Directors.

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