Univision Revenue Up 2.1% in Q4
Univision Communications announced fourth quarter revenue of $515.9 million, a 2.1% gain from the same quarter the year before. Adjusted operating income before depreciation and amortization (OIBDA) decreased 1.4% to $210.5 million in the fourth quarter of 2009.
The Spanish-language media company's overall net revenue was down 2.9% for the full 2009.
"Univision made significant strides in many areas in 2009, even while navigating through a very challenging economic environment," said President/CEO Joe Uva. "We diversified our revenue streams through new retransmission consent agreements and key strategic partnerships; enhanced our future content offerings and production capabilities through the launch of Univision Studios; delivered strong, competitive ratings and maintained our strong leadership positions across all platforms; and effectively managed our balance sheet and strengthened our capital structure for the long-term."
Univision's television revenue was $420.1 million in the fourth quarter, up from $392.8 million in the same quarter a year before. Radio revenue was $83.7 million, down from $99.4 million, and Interactive Media was $12.1 million, down a bit from $13 million in the previous fourth quarter.
Univision owns 64 television stations and owns and/or operates 68 radio outlets, along with the Univision, Galavision and TeleFutura networks.
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Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.