
ViX is a Spanish-language streaming service owned by TelevisaUnivision, the world's leading Spanish-language media company. Launched in March 2022 following the merger of Televisa and Univision, ViX operates as a hybrid AVOD/SVOD platform serving Hispanic audiences in the United States, Mexico, and Latin America. ViX achieved full-year profitability in 2025 and delivered record revenue. In Q1 2026, ViX premium subscribers grew nearly double digits, and the platform recorded 1 billion streaming hours. TelevisaUnivision reported total revenue of $4.8 billion for full year 2025 and $1.1 billion for Q1 2026 (up 5 percent). Subscription and licensing revenue, driven primarily by ViX, grew 15 percent to $505 million in Q1 2026. CEO Daniel Alegre leads TelevisaUnivision. The company is privately held and headquartered in Miami, Florida.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Vix | TelevisaUnivision, Inc. | Wholly owned |
ViX's origins trace to 2019, when Univision Communications launched a free, ad-supported Spanish-language streaming service called PrendeTV (later rebranded as ViX). The service was created to compete with growing streaming platforms by offering dedicated Spanish-language content.
In 2021, Grupo Televisa and Univision Communications announced a merger to create TelevisaUnivision, combining the two largest Spanish-language media companies in the world. The merger was completed in early 2022, and the combined company launched ViX as its flagship streaming platform in March 2022. The relaunched ViX combined content from both Televisa's and Univision's libraries, creating the largest Spanish-language content library in the world.
The platform launched with two tiers: ViX (free, ad-supported) and ViX Premium (subscription). The premium tier offered exclusive original productions, live sports, and premium content without advertisements. The launch was supported by a significant investment in original content production and marketing.
In 2022 and 2023, ViX focused on building its content library and subscriber base. The platform invested in original productions, including telenovelas, movies, and sports programming. ViX secured rights to major sports properties including Liga MX (Mexican soccer), NFL games in Spanish, and other sports content for Hispanic audiences.
In 2023, TelevisaUnivision brought in Daniel Alegre as CEO. Alegre had previously served as CEO of Activision Blizzard and held senior positions at Google. His appointment signaled a strategic shift toward digital transformation and streaming growth.
In 2024, ViX began to refine its content strategy. Alegre moved away from long-form movies that competed directly with Netflix and shifted toward content genres where TelevisaUnivision had strengths: dramas, reality shows, sports, and true crime. The company also began integrating ViX content with its linear broadcast networks, creating a unified content strategy across platforms.
In 2025, ViX achieved full-year profitability for the first time. The platform delivered record revenue and was profitable in every quarter. TelevisaUnivision reported that DTC revenue grew throughout the year, with ViX expanding operating margins each quarter. The company also introduced "micro novelos," short-form dramatic content designed for mobile-first audiences, which scaled engagement rapidly.
In June 2025, TelevisaUnivision announced a distribution partnership with Hulu Live TV, making its four major Spanish-language networks (Univision, UniMas, TUDN, and Galavision) available on the service. Also in June 2025, Disney+ and ViX became available as a combined offering in Mexico.
In Q1 2026, ViX continued its growth trajectory. Premium subscribers grew nearly double digits, global churn reached an all-time low, and the platform recorded 1 billion streaming hours. Subscription and licensing revenue grew 15 percent to $505 million, driven primarily by ViX premium tier growth in both the U.S. and Mexico.
In 2026, ViX is positioning itself as the "Home of the World Cup" in Mexico. TelevisaUnivision holds exclusive rights to all 104 FIFA World Cup games in Mexico, and ViX will serve as the sole streaming destination for the tournament. The company has created a dedicated World Cup hub on ViX and is using the tournament to drive new subscriber acquisition, with add-on pricing for World Cup access.
What does TelevisaUnivision own?
The company owns or operates Univision, UniMás, Las Estrellas, TUDN, ViX, Uforia, and related studios, stations, and digital properties. Rights and availability vary by territory.
Is TelevisaUnivision publicly traded?
No. TelevisaUnivision is private. Grupo Televisa is publicly traded and owns a major stake, but the two companies are not identical.
Who founded TelevisaUnivision?
The current company was formed by Univision Communications and Grupo Televisa in 2022. Both predecessor businesses have histories that extend decades earlier.
Where is TelevisaUnivision headquartered?
Its headquarters is in Miami, Florida, USA. Major production and operating centers also exist in Mexico City and other markets.
How many brands does TelevisaUnivision own?
The group has numerous network, station, radio, studio, sports, and streaming names. It does not publish one permanent brand count because local stations and program properties can be counted differently.
Who owns TelevisaUnivision?
Grupo Televisa, Searchlight Capital Partners, ForgeLight, and other investors own the private company. No single public parent wholly owns it.
Does TelevisaUnivision own ViX?
Yes. ViX is the group's wholly controlled streaming brand. It is not separately traded.
TelevisaUnivision does not publish a separate sustainability report for ViX. The parent company's sustainability initiatives are integrated into its corporate operations.
TelevisaUnivision is not a Certified B Corporation. The company publishes limited sustainability information through its corporate website.
On content responsibility, ViX has content moderation and age-rating systems in place for its platform. The service offers parental controls to restrict access to age-inappropriate content.
On diversity and inclusion, TelevisaUnivision's business is inherently focused on serving Hispanic and Spanish-speaking audiences. The company is one of the largest employers of Hispanic media professionals in the United States.
On environmental impact, as a digital streaming service, ViX's primary environmental footprint comes from data center energy usage and streaming infrastructure. TelevisaUnivision has not publicly disclosed specific carbon reduction targets or renewable energy commitments for its streaming operations.
ViX and TelevisaUnivision have faced several controversies and regulatory challenges.
In 2024, TelevisaUnivision faced criticism from political commentators and some U.S. politicians over its coverage of political issues. The company's news division, which operates through Univision in the U.S., has been accused by some of favoring certain political perspectives. The company has maintained that its news coverage is independent and objective.
In 2025, TelevisaUnivision's financial performance drew scrutiny. The company reported a $344 million non-cash impairment loss related to the write-down of program rights in Q4 2025, following a $900 million non-cash impairment loss in Q4 2024 due to a write-down of TV broadcast licenses. These impairments reflect the declining value of traditional linear TV assets as audiences shift to streaming.
The company's debt levels have drawn attention from financial analysts. TelevisaUnivision refinanced $2.3 billion of debt in 2025 and ended the year with a leverage ratio of 5.6 times adjusted OIBDA. In Q1 2026, the company issued $1.5 billion of new debt to address 2028 maturities. The leverage ratio increased slightly to 5.7x. CFO Juan Pablo Newman said he expected a similar rate of decline in the leverage ratio in 2026.
In Mexico, TelevisaUnivision faces regulatory scrutiny over its dominant market position. The company operates the country's leading broadcast networks and largest streaming platform, giving it significant control over the Spanish-language media market. Mexican regulators have examined the company's market power, particularly in advertising and content distribution.
The company's exclusive rights to the FIFA World Cup in Mexico have drawn attention from competitors and consumer advocates who argue that exclusive streaming rights could limit access for consumers who cannot afford the premium subscription.
In the U.S., TelevisaUnivision faces declining linear advertising revenue, which has pressured overall financial performance. U.S. advertising revenue fell 12 percent in Q1 2026 and 11 percent in Q4 2025. The company has warned of continued "pressure" on advertising revenue through 2026 due to sports competition from the Super Bowl, Winter Olympics, and World Cup on other networks.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Disney | CA (West Coast) | 1943 | Mass market | United states | All-ages | |
| Amazon | USA | 2009 | Mass market | Global | All Genders | |
| Apple | United States | 2007 | Premium | Global | All Genders | |
| Warner Bros Discovery | France | 1989 | Mass market | Europe | All Genders | |
| Paramount Global | USA (studio) | 1912 | Mass market | Global | All-ages | |
| Comcast | USA | 2020 | Mass market | United states | All Genders |
Media EntertainmentOwned by The Walt Disney Company
Major American broadcast television network with a rich history in news, entertainment, and sports programming, serving as a cornerstone of Disney Entertainment Television within The Walt Disney Company.
Media EntertainmentOwned by Amazon.com Inc.
Amazon's film and television production company creating original content for Prime Video and theatrical release.
Media EntertainmentOwned by Apple Inc.
Digital media player and streaming service developed by Apple Inc., offering access to movies, TV shows, and original content through Apple TV+ and other streaming apps.
Media EntertainmentOwned by Warner Bros. Discovery
European sports television network and streaming service providing coverage of cycling, tennis, snooker, winter sports, and the Olympic Games across more than 50 countries and territories. Owned by Warner Bros. Discovery and part of the forthcoming Discovery Global company following the planned mid-2026 corporate separation.
Media EntertainmentOwned by Paramount Skydance Corporation
American film and television studio founded in 1912. Flagship brand of Paramount Skydance Corporation (NASDAQ: PSKY).
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American streaming service owned by NBCUniversal, a subsidiary of Comcast Corporation (NASDAQ: CMCSA). Launched in 2020, offering on-demand and live content including NBCUniversal programming, Premier League soccer, WWE, and NFL games.
Market Positioning: Vix competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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American satellite radio and audio entertainment company providing subscription-based services across North America.
SiriusXM operates independently without a large parent corporation.
Media EntertainmentOwned by The Walt Disney Company
Major American broadcast television network with a rich history in news, entertainment, and sports programming, serving as a cornerstone of Disney Entertainment Television within The Walt Disney Company.
ABC is owned by The Walt Disney Company, a public company, a different structure than Vix's parent.
Media EntertainmentOwned by Amazon.com Inc.
Amazon's film and television production company creating original content for Prime Video and theatrical release.
Amazon Studios is owned by Amazon.com Inc., a public company, a different structure than Vix's parent.
Media EntertainmentOwned by Apple Inc.
Digital media player and streaming service developed by Apple Inc., offering access to movies, TV shows, and original content through Apple TV+ and other streaming apps.
Apple TV is owned by Apple Inc., a public company, a different structure than Vix's parent.
Media EntertainmentOwned by The Walt Disney Company
American entertainment company and core brand of The Walt Disney Company, known for animated films, live-action entertainment, and theme parks.
Disney operates independently without a large parent corporation.
Media EntertainmentOwned by Warner Bros. Discovery
European sports television network and streaming service providing coverage of cycling, tennis, snooker, winter sports, and the Olympic Games across more than 50 countries and territories. Owned by Warner Bros. Discovery and part of the forthcoming Discovery Global company following the planned mid-2026 corporate separation.
Eurosport is owned by Warner Bros. Discovery, a public company, a different structure than Vix's parent.
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