Univision Reports Huge Third Quarter Loss
- 6 years ago
According to Broadcasting Cable Univision Communications reported a third-quarter loss.
Revenues fell, programming cost rose and it wrote off English language digital assets.
The company lost $83.8 million compared to net income of $104 million a year ago.
The results include a $96.1 million loss from discontinued operations.
Revenues were hurt by not having the World Cup soccer tournament and by being knocked off Dish Network.
Revenues fell, programming cost rose and it wrote off English language digital assets.
The company lost $83.8 million compared to net income of $104 million a year ago.
The results include a $96.1 million loss from discontinued operations.
Revenues were hurt by not having the World Cup soccer tournament and by being knocked off Dish Network.