Mrtraveler01 738 Posted October 13, 2021 Posted October 13, 2021 Set to become O&O's January 1, 2022. https://www.orlandosentinel.com/espanol/el-sentinel-in-english/os-ex-english-univision-communications-takes-over-station-20211013-qet4rw4rovhdzjlrgdsmgeqnne-story.html
Samantha 2898 Posted October 13, 2021 Posted October 13, 2021 Univision owned these stations but contracted Entravision to run them. This isn't a purchase. There were six markets in this deal, per Entravision's 10Q: Albuquerque, Boston, Denver, Orlando, Tampa and Washington, D.C. Is EVC going to take back the other three? In each market, swaps were made several years ago such that the Univision station license was held by UCI and EVC had the UniMás stick.
MarkAP 10 Posted October 13, 2021 Posted October 13, 2021 Entravision also owns Radio stations, just one here in Orlando WNUE not sure what’ll be the faith of it.
Samantha 2898 Posted October 13, 2021 Posted October 13, 2021 1 hour ago, MarkAP said: Entravision also owns Radio stations, just one here in Orlando WRUM not sure what’ll be the faith of it. I don't think this affects much of the rest of their portfolio. Entravision is an unusual company in that Univision owns non-voting stock in it (the shares of which are called Class U). But its focus has gone increasingly toward digital advertising. It sold off one of its Orlando properties to Radio Training Network (The Joy FM). It decided not to pony up for XHRIO's next renewal.
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