Univision Sees Revenue Growth In Fourth Quarter
February 22, 2013 at 4:05 AM (PT)
UNIVISION COMMUNICATIONS fourth quarter 2012 net revenue increased 8.9% to $671.7 million, with radio revenue increasing up from $83.1 million to $89.1 million. Adjusted operating income before depreciation and amortization (OIBDA) increased 4.9% to $289.3 million.
President/CEO RANDY FALCO said, "2012 marked a very important chapter in UNIVISION’s strategic transformation from a single niche broadcast station more than 50 years ago to an influential multimedia company today. By expanding and evolving our offerings to meet the demands of our dynamic community, we are now reaching Hispanic audiences in more ways than ever before through 12 networks, including Univision, UniMás and Galavisión; 69 radio stations; 62 television stations; and a host of online and social media options, including recently-launched UVIDEOS, the first bilingual digital network and available on more than 240 million devices. I am proud that UNIVISION is the premier multiplatform media company serving one of the most influential audiences in the UNITED STATES today, and I am committed to continuing to take bold steps to deliver a UNIVISION branded experience everywhere our audience is and anywhere they want to connect and engage."
On radio, FALCO added that UNIVISION "had the #1 ranked Spanish-language radio station during the quarter among Adults 18-34 in 7 of the top 10 UNIVISION markets where ARBITRON's Portable People Meter is used."