Univision Net Revenue for Radio Drops in Q4 and 2010 Despite Having #1 Stations.
February 24, 2011
The company boasts of having the #1 ranked Spanish-language radio stations (18-34 and 25-54) in Chicago, Dallas, Houston, Phoenix, San Antonio, San Diego and San Francisco during Q4, yet revenue was down. In Q4 net revenue for the Univision radio division was down $1.1 million (from 2009) and down $15.5 million for the year. Univision also had the #1 ranked Spanish-language radio station among Adults 18-34 and 25-54 in Arbitron diary-based markets Albuquerque, El Paso, Fresno, McAllen-Brownsville and Puerto Rico.
Overall, for Q4 2010 Univision net revenue increased 11.8% to $576.7 million from $515.9 million in 2009 and adjusted operating income before depreciation and amortization, increased 23.2% to $259.4 million from $210.5 million in 2009. For the year ended December 31, 2010 net revenue increased 13.8% to $2,245.2 million from $1,972.5 million in 2009 and OIBDA1 increased 14.6% to $943.3 million from $823.4 million in 2009.
The company says in 2010, the World Cup added about $109.5 million of incremental net revenue and the incremental impact of the World Cup was an increase of about $13.6 million in OIBDA during the year ended December 31, 2010. Excluding the impact of estimated World Cup incremental net revenue, consolidated net revenue for the year ended December 31, 2010 increased 8.3% as compared to the year ended December 31, 2009. Excluding the estimated impact of World Cup incremental net revenue and direct operating expense, OIBDA for the year increased 12.9% for the year ended December 31, 2010.
Univision has television, radio and Interactive divisions.