TelevisaUnivision US Ad Revenue Softens Offseason

TelevisaUnivision's U.S. ad revenue takes a double-digit hit in the political offseason, dropping to $428.2 million in Q3 from $483.1 million last year, as linear media demand softens without election cash flow. Total revenue slips 3% to $1.271 billion, with net income halving to $90.5 million after a debt charge, though adjusted OIBDA climbs 9% to $466.7 million thanks to rising subscription and licensing at $388 million. Read more about this...