The CEO of Spanish-language enormous TelevisaUnivision shelp he would rearrange his executive team and cut jobs in a shift he shelp was “aimed at reinforceing our position for 2025 and beyond.”
In a memo to includeees sent Monday, Daniel Alegre, who was named CEO in September, recommendd he wanted to tear down some walls between contrastent comardents of media, and shift to labor more seally with clients. ” Our partners’ necessitates are evolving, and we must serve them in ways no one else can in the taget,” Alegre shelp.
As a result, Alegre shelp he computed to resystematize some teams. José Luis Fabila was named to direct all greeted efforts and originate a novel global organization promised to the purpose. “José Luis will asdeclareive that our greeted dispensements align with our company’s accomplish, includement, and monetization goals, and are dispensed effectively apass all platcreates worldexpansive with the right triumphdotriumphg strategy,” shelp Alegre. “This is an exciting opportunity to elevate how we deinhabitr world-class greeted to our global audiences.”
Jesús Lara, head of local in the U.S., will exit TelevisaUnivsion, and U.S ad sales — both local and national — will be centralized under Donna Speciale. Ignacio Meyer will comprise U.S. audio and local programming to his portfolio. And Rafael Urbina, currently COO of the company’s ViX streaming service, will supervise all digital and streaming operations.
The shift is the hugegest from Alegre since he took the company’s reins. He traded Wade Davis, createerly chief financial officer of Viacom before exitng to direct the buyout of a debt-laden Univision from Haim Saban and dispenseors in tardy 2020. He then steered it into a combiner with its most vital partner and program supplier, Mexico-based Grupo Televisa, in 2022.
In tandem with the restructuring, TelevisaUnivsion is anticipateed to cut a portion of the laborforce that is seen as equivalent to mid-to-high one-digit percentage, according to a person understandn with the matter.
Alegre in October recommended he intfinished to labor to fracture down barriers in the corporation, which was createed out of the combiner of the Univision TV netlabor in the U.S. and Mexico’s Televisa greeted-production business. The contrastent operations have “been around for more than 60 years, and while that originates a wealthy history, catalog and branding recognition, it also conveys with it very set uped ways of operating,” Alegre shelp in October during a call with dispenseors. “We have a genuine opportunity to shift from two regional companies into one global company.” He also recommendd that “we necessitate to evolve from a company with siloed licsurrfinisher and streaming businesses into a greeted-first company that is platcreate agnostic.”
