Daniel Alegre, CEO of the Spanish-language media giant TelevisaUnivision, on Thursday weighed in on an on-going carriage dispute with YouTube TV.

“When it comes to fires in LA or floods in Texas or hurricanes in Florida, or what’s happening right now with the government shutdown, Hispanics turn to us for information. And this really goes beyond a carriage dispute and is more about access for Hispanics to the content that they need, both entertainment and as informational,” Alegre told Wall Street analysts after the release of the company’s third quarter financial results.

YouTube TV as part of the carriage dispute pulled the core Univision broadcast network from the Google service’s base tier and moved it to a Spanish-language add-on tier. No resolution to the carriage dispute has yet been reached.

Alegre rejected YouTube TV’s stance that TelevisaUnivision’s performance on the streaming platform fell short of the carriage price sought by the Spanish language TV service. “YouTube TV’s position that there isn’t enough viewing of our content is either an error in their algorithm or just factually incorrect,” he told analysts.

“We’re open to ongoing negotiations. But we have Senators, Congressmen, the SEC chairman (Brendan) Carr, Hispanic groups, and obviously President Trump, who thinks it’s actually very important for Hispanics to be able to access the important information through Univision,” Alegre added.

His comments came as TelevisaUnivision reported higher adjusted profitability for its third quarter, driven by “continued growth” in streaming profits and the impact of previously taken cost efficiency measures.

But the company on Thursday posted a 2 percent U.S. revenue decline to $831.3 million in the third quarter of 2025 as an 11 percent advertising revenue drop couldn’t be fully outweighed by an 11 percent gain in subscription and licensing revenue, which is smaller in dollar terms. When excluding political ads, U.S. revenue would have been steady.

The U.S. ad drop to $428.2 million, which amounted to 8 percent when excluding political advertising, came as growth in direct-to-consumer (DTC), or streaming, was more than offset “by softness in linear.” In Mexico, advertising revenue increased 3 percent to $327 million, driven by growth in DTC.

Subscription and licensing revenue grew 3 percent in the latest quarter to $493 million owing to growth in ViX’s premium tier and higher content licensing revenue. That was partially offset by linear subscription declines mainly related to the renewal cycle with a key distribution partner in Mexico. The U.S. recorded an 11 percent gain to $388 million, while Mexico declined 17 percent, but grew 5 percent when excluding the renewal cycle impact.

TelevisaUnivision had reported its first streaming profit in the third quarter of 2024. ViX is expected to be the fastest-growing subscription streaming service in the Americas in 2025, according to Ampere Analysis forecasts.

Total third-quarter revenue of $1.3 billion was down 3 percent, or 1 percent when excluding political advertising. In Mexico, revenue fell 3 percent. Operating expenses declined by 8 percent, though, to $804.0 million.

TelevisaUnivision’s operating income for the third quarter came in at $265 million, down from $419 million in the prior year, owing in part to a one-time gain last year from selling non-core towers. Excluding the year-ago gain, operating income rose 3 percent.

Adjusted operating income before depreciation and amortization (OIBDA) increased 9 percent to $467 million in the third quarter, “driven by continued DTC profitability growth and the sustained benefits of cost efficiency initiatives implemented at the end of 2024,” TelevisaUnivision said. It didn’t immediately detail the size of the DTC profit.

Alegre also discussed on the analyst call forecasts for the U.S. political advertising spend expected in 2026 ahead of the mid-term elections. “It’s a tremendous opportunity. One of the opportunities that, honestly, we missed at the end of last year or in the last election cycle was we weren’t really engaging directly with the various campaigns around the country,” he recalled as TelevisaUnivision relied on ad agencies to bring business to its door.

“By the time the agencies are involved, the committed spend has already been allocated pretty substantially. So we’ve rebuilt our ad sales team so that we can actually go directly and talk strategically with the political campaigns,” Alegre added.

“It’s an Hispanic vote that is up for grabs. So we actually have a lot of tailwinds in our favor,” Alegre insisted as he looked ahead to next year’s mid-term elections.