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TelevisaUnivision Posts 1Q Loss But Projects Streaming Profits in 2H

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Continued investment in streaming contributed to a first-quarter loss for Spanish-language media giant TelevisaUnivision, which is seeing the bulk of its growth come from its Mexican operations while U.S. revenue stays flat with year-earlier results. The company, which operates the Univision TV network, said operating expenses grew 16% during the first quarter, to $821 million, […]

The post TelevisaUnivision Posts 1Q Loss But Projects Streaming Profits in 2H appeared first on The Kerplunk.

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