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TelevisaUnivision Revenue Slides 7% In Q4 On U.S. Advertising Slowdown
Hispanic media giant TelevisaUnivision's revenue slid 7% to $820.7 million in the fourth quarter, hampered by a slowdown in U.S. advertising.
Hispanic media giant TelevisaUnivision ‘s total revenue slid 7% year-over-year to hit $820.7 million in the fourth quarter, hampered by a slowdown in U.S. advertising. Asked during a quarterly earnings call with Wall Street analysts whether the Charter deal offers a blueprint for the industry, Davis replied, “The only thing that’s going to curtail subscriber declines in pay-TV is innovation.” One key opportunity with the Charter agreement, Davis said, is to reach “price-sensitive” viewers who want a pay-TV packaged focused only on Spanish-language programming, “but at the right price.” He estimated the total available market for the service would be in the “low-single-digit millions, which is material for us.”
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