Grupo Televisa S.A.B.

The Televisa Univision first quarter 2020.

Welcome to the Televisa Univision first quarter 2023 earnings call. At this time, all participants have been placed in a listen-only mode. Following management's prepared remarks, we will open the call for questions. If you would like to ask a question at that time, please press star 1 on your telephone keypad. If you wish to remove yourself from the queue, please press star 2. We ask that when you pose your question, you pick up your handset to allow for optimal sound quality. Today's call is being recorded. I would now like to turn the call over to Betsy Frank, Head of Investor Relations. Please go ahead. Thank you.

Hello and welcome everyone to Televisa Univision's first quarter 2023 earnings call. I'm joined today by our CEO, Wade Davis, and our CFO, Carlos Ferreiro. This morning we issued an earnings press release, which can be found at investors.televisaunivision.com. A few notes about the content of our remarks today. You will refer to adjusted OIDDA as EBITDA. Unless stated otherwise, all financial comparisons will be on a pro forma, year-over-year basis. Pro forma comparisons are adjusted to include the Televisa content business for all prior periods. Unless stated otherwise, our U.S. ratings and market share figures refer to prime time audiences ages 18 to 49. And Mexico figures refer to prime-time audiences P4+. Some of the information discussed today will contain forward-looking statements. These statements involve risks and uncertainties, including those highlighted in our press release, and may cause actual results to differ materially from these statements. We are not obligated to update forward-looking statements. forward-looking information discussed on this call, except as may be required by law. Our press release and reporting package contain definitions and reconciliations of our non-GAAP measures to the most directly comparable GAAP measures. I will now turn the call over to Wade.