Categorized | Programming, TV & Radio

Univision will get $376 million in FCC spectrum auction; sees higher 4Q earnings

Univision logoUnivision’s piece of the the FCC spectrum auction pie will be about $376 million, President and CEO Randy Falco announced today during the company’s earnings call wrapping up 2016.

Univision reported higher fourth-quarter earnings and full year revenue growth.

Falco celebrated “strong financial results” with last year’s “revenue crossing the $3 billion threshold for the first time ever,” making the company “well positioned for continued growth in 2017.”

Univision stated it generated nearly $219 million in net income and reduced net debt by $400 million. Falco said Univision will use the spectrum proceeds to continue to pay down debt.

Total revenue for the fourth quarter ended December 31, 2016 increased 15% to $846.5 million compared to $735.9 million for the same period in 2015.

Total revenue for the full year ended December 31, 2016, increased 6.4% to $3,042.0 million compared to $2,858.4 million for the same period in 2015.

During the call, Falco also addressed the network’s programming strategy, pointing out to the strengthened relationship with Televisa and Isaac Lee’s new appointment, now overseeing content across Univision and Televisa.

Univision experienced a major setback in prime time ratings in 2016, with many of its Televisa telenovelas underperforming among adults 18-49 against Telemundo’s super series.

Falco emphasized the company’s commitment to invest in non-Televisa content. Starting in 2017, Univision will begin airing content in prime time from its W Studios partnership with Patricio Wills and launch the Story House-Netflix original “El Chapo” miniseries.

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- who has written 4610 posts on Media Moves.

I'm an Emmy award-winning journalist, who's worked as an on-air reporter in Spanish and English-language television news. I've worked for Univision, Telemundo, CNN en Español and Los Angeles Fox and UPN stations before diving into a convergence model at the San Jose Mercury News. I have also held management positions in the online digital sphere - first as Managing Editor of IntersectionsSouthLA.org, followed by a role as the West Coast Web editor for impreMedia. I was president of the National Association of Hispanic Journalists from 2004 to 2006. I am also a freelance writer, reporter and producer. I founded Media Moves in June of 2007.

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One Response to “Univision will get $376 million in FCC spectrum auction; sees higher 4Q earnings”

  1. Angel d Dios says:

    Wow, an accountant move to impress the financial ignorant. Hmm, selling assets is not creating new revenue, is like selling your house and at the end you end up renting, avoiding the depreciation and operating costs. Univision is going down, way down.

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I'm an Emmy award-winning journalist, who's worked as an on-air reporter in Spanish and English-language television news. I've worked for Univision, Telemundo, CNN en Español and Los Angeles Fox and UPN stations before diving into a convergence model at the San Jose Mercury News. I was president of the National Association of Hispanic Journalists from 2004 to 2006, and inducted into the Hall of Fame in August of 2016. As an online news manager, I was West Coast Web Editor for impreMedia and Managing Editor of IntersectionsSouthLA.org. In addition to running Media Moves, which I founded in June of 2007, I'm a regular contributor to Forbes and also do freelance work as writer, reporter and producer.
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