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Spanish-language media giant Univision Communications, which earlier this year agreed to sell a majority stake to an investor group led by former Viacom CFO Wade Davis, reported lower third-quarter financials amid the coronavirus pandemic, but advertising trends improved. The company, which previously said it was targeting $125 million in cost reductions, posted third-quarter earnings of $30.9 million, compared with a year-ago profit of $77.4 million.

Spanish-language media giant Univision Communications, which earlier this year agreed to sell a majority stake to an investor group led by former Viacom CFO Wade Davis, reported lower second-quarter financials amid the novel coronavirus pandemic.

Anna Marie de la Fuente Turkish telenovela adaptations, soccer programming, music and reality shows and amped-up news coverage are among the programming highlights of Univision’s 2020-21 content slate.The Spanish-language media giant hosted a virtual upfront presentation on Tuesday for media buyers.

Spanish-language media giant Univision Communications, which earlier this year agreed to sell a majority staketo an investor group led by former Viacom CFO Wade Davis, on Friday reported lower first-quarter earnings despite an 8 percent revenue gain as carriage and licensing fee gains outweighed the early negative hit from the novel coronavirus pandemic on advertising.

Spanish-language media giant Univision Communications, which earlier this year agreed to sell a majority stake to  an investor group led by former Viacom CFO Wade Davis, reported lower first-quarter financials on Friday as the novel coronavirus pandemic started impacting advertising revenue in March.

As former Viacom CFO Wade Davis gets set to become CEO of Univision Communications later this year, the Spanish-language media giant on Monday said it was eyeing "potential refinancing transactions." The possible moves to reduce its debt burden come as Univision unveiled preliminary financial data for its first quarter ended March 31.

As former Viacom CFO Wade Davis gets set to become CEO of Univision Communications later this year, the Spanish-language media giant on Monday said it was eyeing "potential refinancing transactions."

Spanish-language media giant Univision Communications, a couple of days after unveiling a deal that will see an investor group led by former Viacom CFO Wade Davis acquire a 64 percent stake in it, on Thursday said it swung to a fourth-quarter profit amid higher revenue and lower expenses. During its latest quarter, Univision posted earnings of $94.4 million, compared with a year-ago loss of $72.7 million.

Spanish-language media giant Univision Communications, a couple of days after unveiling a deal that will see an investor group led by former Viacom CFO Wade Davis acquire a 64 percent stake in it, on Thursday said it swung to a fourth-quarter profit amid higher revenue and lower expenses.

As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become later this year CEO of Univision Communications, the Miami-based Spanish language broadcast giant, he talked to The Hollywood Reporter about his plans to capitalize on the fast-growing Latino demo in the news, sports, entertainment and music spaces.

An investor group led by former Viacom CFO Wade Davis has agreed to acquire a 64 percent majority stake in Spanish-language media giant Univision Communications for an undisclosed sum. The group is made up of private equity firm Searchlight Capital and media- and consumer technology-focused operating and investment company ForgeLight, which Davis launched as CEO in December after leaving Viacom due to its recombination with CBS to form ViacomCBS.

An investor group led by former Viacom CFO Wade Davis has agreed to acquire a 64 percent majority stake in Spanish-language media giant Univision Communications for an undisclosed sum.The group is made up of private equity firm Searchlight Capital and media- and consumer technology-focused operating and investment company ForgeLight, which Davis launched as CEO in December after leaving Viacom due to its recombination with CBS to form ViacomCBS.

By Jill Goldsmith

Spanish-language media giant Univision Communications is in exclusive talks to be acquired by an investor group led by former Viacom CFO Wade Davis, The Wall Street Journal reported, citing sources.The group also includes private equity firm Searchlight Capital, and Davis is expected to run the company as CEO if a deal is finalized, it said.Representatives for Univision and Searchlight declined to comment.

Spanish-language broadcaster Univision has entered sales talks with an investor group that includes Searchlight Capital Partners and Wade Davis, the former chief financial officer of Viacom, according to a report in The Wall Street Journal.

By Jill Goldsmith