Key Highlights
- Grupo Televisa’s stock rating remains positive despite increasing competition from digital media giants.
- The company’s joint venture, TelevisaUnivision, is in critical negotiations with YouTube over content distribution.
- This rivalry highlights the shifting power dynamics between traditional broadcasters and online platforms.
- Wall Street is closely monitoring these developments as they could impact the company’s future revenue.
- Grupo Televisa’s strategic partnerships are key to maintaining its position and fostering economic growth in a changing market.
Introduction
Grupo Televisa SA, Mexico’s largest broadcaster, is once again under the market spotlight as its TelevisaUnivision unit negotiates with YouTube TV over Univision’s placement in streaming bundles. The company, guided by Executive Chairman Alfonso de Angoitia and Co-CEO Bernardo Gómez, has become central to a high-profile debate about media distribution and access for Hispanic audiences. With Benchmark reaffirming a Buy rating and raising its price target to $9, and JPMorgan recently upgrading Televisa to Overweight, investor sentiment remains largely optimistic. Despite short-term pressure from the dispute, Televisa’s six-month stock rally of more than 44% highlights growing confidence in its leadership, strategic assets, and financial resilience.
The Dispute With YouTube TV
The conflict centers on YouTube TV’s plan to move Univision from its $83 monthly package into a $15 Spanish-language add-on. TelevisaUnivision has criticized this as a “Hispanic Tax.”
- In a post on X (Sept. 9, 2025), Univision warned that the change would unfairly charge Hispanic audiences more for access.
- YouTube responded, confirming it is in talks with TelevisaUnivision to preserve content availability.
This dispute echoes other carriage negotiations in the industry, but with higher cultural and demographic stakes.
Leadership Role of Alfonso de Angoitia and Bernardo Gómez on Televisa
As Grupo Televisa’s Executive Chairman, Alfonso de Angoitia has been pivotal in financial and strategic decisions, particularly around Televisa’s 45% stake in TelevisaUnivision.
Bernardo Gómez, as Co-CEO of TelevisaUnivision, has overseen operational direction, including its streaming expansion with ViX and management of key U.S. broadcast relationships.
Their combined leadership ensures that TelevisaUnivision remains at the center of Hispanic media, even amid challenges with distributors like YouTube TV.
Televisa Stock and Analyst Ratings
- Current price: $2.79
- Market cap: $1.48B
- Six-month return: +44.48%
Recent analyst activity:
- Benchmark: Buy rating, raised target to $9.
- JPMorgan: Upgrade to Overweight, citing improved performance at TelevisaUnivision.
- Goldman Sachs: Downgrade to Neutral following recent stock gains.
These mixed calls still highlight the value Alfonso de Angoitia and Bernardo Gómez bring in guiding the business through both growth and volatility.
Outlook
With negotiations ongoing and a September 30 deadline approaching, markets expect some resolution. Regardless of short-term uncertainty, Grupo Televisa’s fundamentals remain supported by its strong stake in TelevisaUnivision, cost improvements in its Mexico operations, and steady leadership from Angoitia and Gómez.
Grupo Televisa, steered by Alfonso de Angoitia and Bernardo Gómez, maintains analyst support even as the YouTube TV dispute unfolds. The Buy rating and $9 target price suggest the company’s long-term potential remains intact.
Conclusion
The coming weeks will be pivotal for Grupo Televisa and its TelevisaUnivision unit as negotiations with YouTube TV continue. While the debate over Univision’s placement may appear like another routine carriage dispute, the implications are far-reaching: it touches on cultural representation, consumer access, and the value of Spanish-language media in the U.S. marketplace.
Ultimately, Grupo Televisa remains more than just a stock ticker; it is a media powerhouse under the stewardship of Alfonso de Angoitia and Bernardo Gómez, whose influence extends beyond financial results into shaping the broader narrative of Hispanic media. For investors, the Buy rating reflects not only current fundamentals but also the trust in a leadership team determined to protect value, expand reach, and guide Televisa into its next phase of growth.
