As a long-time follower of the dynamic world of media and entertainment, I find the recent moves by Daniel Alegre at TelevisaUnivision to be nothing short of exhilarating! With a rich background that spans from being the former CFO of Viacom to leading the buyout of debt-laden Univision, Alegre has proven time and again his knack for navigating the industry’s complexities.
As a passionate cinephile, I’d put it this way: “As a dedicated fan of the silver screen, I’m excited to share that the leader of the Spanish-language broadcasting titan, TelevisaUnivision, has announced plans to reshuffle his management team and streamline operations. This strategic move is designed to bolster our standing for 2025 and beyond, ensuring we continue to deliver captivating stories and unforgettable experiences that you’ve come to expect.
In a memo to staff on Monday, newly appointed CEO Daniel Alegre expressed his intention to break down barriers between various types of media and collaborate more closely with our clients. “Our partners’ requirements are rapidly changing, and it’s essential for us to cater to them in a manner that sets us apart from the competition,” Alegre stated.
Due to this development, Alegre announced his intentions to restructure certain teams. José Luis Fabila was appointed to oversee all content initiatives and establish a fresh, international department focused on our objectives. “José Luis will guarantee that our content expenditures align with our company’s scope, audience engagement, and monetization targets, and will be distributed effectively across all global platforms using the optimal distribution strategy,” said Alegre. “This is a thrilling chance to enhance how we present top-tier content to our international audiences.
Jesus Lara, who serves as the head of the local division in the U.S., is set to depart from TelevisaUnivision. From now on, both local and national U.S ad sales will be managed centrally by Donna Speciale. Ignacio Meyer will expand his responsibilities to include U.S. audio and local programming. Lastly, Rafael Urbina, who is the COO of the company’s ViX streaming service, will now supervise all digital and streaming operations.
The action represents the most significant decision made by Alegre since he assumed control of the company. Previously, Wade Davis, who was the former chief financial officer at Viacom before departing to head the acquisition of financially strained Univision from Haim Saban and investors towards the end of 2020, held this position. In 2022, Alegre orchestrated a merger with its primary partner and content provider, Grupo Televisa based in Mexico.
As part of the ongoing restructuring, it’s anticipated that TelevisaUnivision may reduce its workforce by a mid-to-high single-digit percentage, according to someone who is privy to the situation.
In October, Alegre expressed his plan to tackle the obstacles within the corporation, a result of the merger between the U.S.’s Univision TV network and Mexico’s Televisa content-production business. These entities, with over six decades of existence, offer a wealth of history, content, and brand recognition. However, they also come with deeply ingrained operational methods. As Alegre stated during an investors’ call in October, “We have a significant opportunity to transform from two regional companies into one global entity.” He further emphasized the need for evolution from a company that separates its linear and streaming operations into a content-focused company that is adaptable across various platforms, stating, “We must progress from a company with isolated linear and streaming businesses to a content-first company that is platform-agnostic.
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2024-12-02 20:16