View Single Post
  #4   Report Post  
Old March 30th 09, 10:20 PM posted to rec.radio.shortwave
PocketRadio PocketRadio is offline
external usenet poster
 
First recorded activity by RadioBanter: Dec 2008
Posts: 202
Default Univision revenues fall - LOL, Eduardo, more to come!

On Mar 30, 4:05�pm, "David Eduardo" wrote:
"PocketRadio" wrote in message

...

"Univision revenues fall."


"Hispanic media's not immune from the downturn, as Univision Radio
posted a 14% drop in fourth quarter revenues. That brought the
division to a 4% decline for 2008. CEO Joe Uva says the company
continues to have "ample liquidity," thanks in part to cutting 6% of
its payroll in February."


LOL, Eduardo! More to come!


Considering the stock market is off around 40% from the pre-recession days,
a 4% decline is amazingly small, and testimony to the continued growth and
advertiser interest in the Hispanic market.


"Hispanic media's not immune from the downturn, as Univision Radio
posted a 14% drop in fourth quarter revenues"

It's only going to get worse - LOL!