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Entravision Revenue Dips In Q3, Radio Down 13%
November 3, 2011 at 2:40 PM (PT)
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No Coin From World Cup
ENTRAVISION COMMUNICATIONS CORP. had a tough third quarter of 2011, as Net revenue decreased to $50.1 million for the three-month period ended SEPTEMBER 30th, 2011, a decrease of $3.2 million from the same period last year. Of the overall decrease, $2.5 million came from its radio segment, primarily attributable to the absence of advertising revenue from the WORLD CUP in 2011 compared to 2010 and a decrease in political advertising revenue.
ENTRAVISION's radio revenues fell 13% to $16.5 million. The full report can be seen here.
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