Univision’s 4th-Qtr Loss Widens

Mar 31, 2009  •  Post A Comment

Univision Communications said its fourth-quarter net loss widened to $1.99 billion because of $2.25 billion in write downs and charges, Dow Jones reports. The company had lost $201.5 million a year earlier, the news agency reports. Sales slipped 7.8% to $502.1 million, with television revenue declining 6.2%, hurt by an advertising slump, Dow Jones says.
—Aimee Picchi

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