Univision earnings slip Unlisted Video
4 years ago
247
A carriage dispute that blacked Univision out on Dish Network hurt the Spanish-language media companies first quarter earnings. Univision’s first quarter net income was $23.4 million compared to $47.3 million a year ago. Revenue dropped 8.2% to $611.9 million. Our reprioritization on our core assets drove sequential ratings growth in the first quarter, where the Univision Network extended its season-to-date ratings lead among Adults 18-49 to double digits over our nearest competitor in primetime.
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