TelevisaUnivsion Q3 Buoyed by World Cup in Mexico, Streaming Revenue
- World Cup rights and ViX growth lifted revenue to $1.4 billion.
- Subscription and licensing revenue rose 30% to $640 million.
- A broadcast licence write-down helped drive a $119 million operating loss.
TelevisaUnivision’s third-quarter revenue rose 9% to $1.4 billion, helped by World Cup broadcasts in Mexico and Latin America and growth in its ViX streaming service. The results show the value of sports rights and streaming subscriptions as the company seeks to strengthen its finances, although it reported an…