Univision swung to a loss of $27.3 million in the second quarter compared with income of $92 million in the same period a year ago. The main source of red ink was a 40% plunge in advertising, which…
swung to a loss of $27.3 million in the second quarter compared with income of $92 million in the same period a year ago.
The privately held Hispanic media company’s total revenue fell 24% to $531. In its Media Networks division, ad revenue dropped to $210 million from $347.2 million a year ago.
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