TelevisaUnivision named Daniel Alegre as its new chief executive from Thursday (September 19). The decision is part of the board's strategic succession planning. Alegre takes over for Wade Daviswho will become vice chairman of the board and remain on the executive committee.
“On behalf of the board, I am excited to welcome Daniel to TelevisaUnivision as we embark on the next phase of our strategic journey focused on further integration and optimization,” TelevisaUnivision executive chairman, Alfonso de Angoitiahe said in a press release. “It has been a very dynamic media environment, and we are grateful for what Wade has accomplished in the turnaround of Univision and the subsequent transformative merger between Univision and Televisa's content business to create TelevisaUnivision.”
“The media landscape is undergoing profound transformation, and TelevisaUnivision is strategically poised to seize new opportunities while remaining deeply connected to the communities we serve,” Alegre said in a statement. “The US and Mexico represent the most valuable and populous Spanish-speaking markets in the world, a demographic that is becoming more prominent both regionally and globally.”
Originally from Mexico, the new network leader has leadership experience focused on operating media in the Hispanic community and in the US, Mexico and Latin America. With over three decades working in media, entertainment and technology, Alegre was most recently the CEO of Yuga Labs, a web3 company. He previously served as president and COO of Activision Blizzard.
“Building on TelevisaUnivision's solid foundation, global content stream, continued investment in cutting-edge technologies and unparalleled reach, we are uniquely positioned to continue serving this vital audience,” continued Alegre. “Wade and the entire TelevisaUnivision team have built a strong multi-platform media business with world-class quality and breadth of entertainment, news and sports programming.”
Davis added, “We could not have chosen a better successor than Daniel, who brings an incredible track record of operational and strategic execution. He is the ideal executive to take TelevisaUnivision to its next phase of growth. The future of the Company is bright and I look forward to supporting Daniel and the TelevisaUnivision team in my role as Vice Chairman of the Board.”
During Davis Univision's tenure, the company completed a $4.8 billion merger with Group Televisa in 2022, forming TelevisaUnivision as it is known today. The broadcaster has made significant investments in streaming and traditional TV, with streaming platform ViX approaching profitability. It also runs 35 radio stations across the US
