Univision rose to third place among adults under 35 — a first for the network in any sweeps month.
For the Jan. 30-Feb. 26 ratings period, Spanish-language broadcast network’s average primetime audience of 666,000 adults 18-34 was 6% higher than ABC and 19% better than CBS, according to Nielsen. Univision ranked fifth overall in both adults 18-49 and total viewers.
Weeknight novela “Lo Que La Vida Me Robo” (What Life Took From Me) led the way for Univision, attracting an average 18-49 audience higher than English-language programs including “Super Fun Night” and “The Taste” on ABC, and “Rake” and a few comedies on Fox.
With an estimated median age of 38 years old, Univision continues to deliver the youngest broadcast viewers during primetime. CBS remains the oldest-skewing (median age of 59), followed by NBC (55, heavily impacted by 18 nights of Olympics), ABC (53) and Fox (47).
In early-evening local news, Univision stations delivered the top-rated 6 p.m. newscast (regardless of language) in Los Angeles, New York, Miami, Houston, Dallas, San Francisco and Phoenix.
I also mentioned this before but truth.monger also dismissed as nothing:
"Stockholders who desire to change control of our company may be prevented from doing so by provisions of our second amended and restated certificate of incorporation and the agreement that governs our 2013 Credit Facility. In addition, other agreements contain provisions that could discourage a takeover.
Our second amended and restated certificate of incorporation could make it more difficult for a third party to acquire us, even if doing so would benefit our stockholders. The provisions of our certificate of incorporation could diminish the opportunities for a stockholder to participate in tender offers. In addition, under our certificate of incorporation, our board of directors may issue preferred stock on terms that could have the effect of delaying or preventing a change in control of our company. The issuance of preferred stock could also negatively affect the voting power of holders of our common stock. The provisions of our certificate of incorporation may have the effect of discouraging or preventing an acquisition or sale of our business.
In addition, the 2013 Credit Agreement contains limitations on our ability to enter into a change of control transaction. Under the 2013 Credit Agreement, the occurrence of a change of control would constitute an event of default permitting acceleration of our outstanding indebtedness."
First off, I didn't miss it. The 10K wasn't filed till yesterday and I read this morning. It is very good for EVC. It is one of the few good bits in the 10K. However, again, EVC is just now getting to do this. Almost all the other stocks in the sector proved their financial viability and started using this benefit 2-3 years ago, LIN, BLC, SBGI, GTN just to name a few. Pull up their past few years 10K's........this will dramatically improve their cash flow. It's one of the reasons other stocks in the sector have been able to make the M&A's they have done thus far. I would be more concerned with why retrans grew slower last year than the previous 5 years in both real dollars and percent. Again, in presentation they said 40% digital growth. It means nothing if you don't know dollars. DaninFW
This is on Page 32 of 10K yesterday:
"Univision’s ownership of our Class U common stock may make some transactions difficult or impossible to complete without Univision’s support.
Univision is the holder of all of our issued and outstanding Class U common stock. Although the Class U common stock has limited voting rights and does not include the right to elect directors, Univision does have the right to approve any merger, consolidation or other business combination involving our company, any dissolution of our company and any assignment of the FCC licenses for any of our Univision-affiliated television stations. Univision’s ownership interest may have the effect of delaying, deterring or preventing a change in control of our company and may make some transactions more difficult or impossible to complete without Univision’s support or due to Univision’s then-existing media interests in applicable markets."
I won't pretend to understand this sudden appearance of a huge "tax asset" from thin air or why it increased net income and book value by so much since the earnings call.
Dan, I still don't think the Latino market is has real potential, still short, but I keep getting blindsided by earnings beats and now this. Is this latest tax earnings truly an indicator of improved outlook? Or just the blowing party horns.
Disclosure - This is real news (not meant for Dan or OP).
If you read the 10K or listen to great conference today, you will notice that EVC recognized earnings of over $130 million ($1.50/share) in 2013!
How convenient of Dan and OP to miss that fact?
And before Dan dismisses it as a non-cash tax benefit let me remind everyone that EVC had to prove with great certainty that the those tax benefits will be used (not expire) to its auditors.
In other words, this massive Q4 EPS increase indicates very very strong future earnings have been proven beyond any doubt to EVC's auditors.
EVC kind of flew this big news under the radar. EVC would be $8 now If they had announced that great news on the earnings call a week ago. EVC is a very conservatively managed company.
Not to be lost in all this is that these tax benefits along with the refinance and their high growth operation are going to produce very strong free cash flows for many many years.
Respectfully Dan you have been 100% inaccurate thus far with (as others have said) your "strong sell" and "dead money" and most recently your "good luck on Monday" comments.
I am still short based on your views and I expect EVC shorts to pay off. I simply agree that there is no real Latino market worth marketing to.
Care to comment?
I posted this on 2-11-14, exactly one month ago today. Everything in it has been 100% accurate. I also recommended USCR and SD. Both have gone up. The USCRW and USCXW warrants have doubled + in a month. I also said JOB on that board at 51 cents would go to 22-24 cents. It has since dropped to 28 cents as of today almost down 50%. I think I have been accurate 100% on my postings last 30 days. My record is about 90%+ for the almost 20 years of posting. Go to USCR and JOB message boards or GTN on 2-11-14 to confirm:
This is from 2-11-14:
"I posted Friday that I thought EVC may have bottomed for now but could still drop to $5.50. I also said SBGI, NXST, GTN and LIN had not found bottom yet IMVHO. Today, they continue to drop. I also said MEG may be bottoming. It appears it too has not found bottom. Investors are deathly afraid of this sector because of new FCC concerns and the Aereo court case. They are taking to the sidelines till matters resolved. Very risky sector at present.
Outpissed, should have taken my advice. GTN is still a strong sell. And before you misquote me again, I said I saw GTN in a $10-12 range. That was when it was in the $11.60's......to anyone with intelligence I was saying I saw 40 cent upside and $1.60 downside. It was a strong sell because the odds are 4 to 1 IMVHO. Not something I care to bet on. DaninFW "
Outpissed the stock touches a 52 week high and it's crashing
Are you delusional or stupid? My guess is all of the above. I bought early April 13 at 3.27 and the next week or so it went to 2.77. Only a bear market or a severe market correction will bring the stock down Imho. The fundamentals should push the stock higher but the market is Topsy.
Talk about poor prospects! What an ugly presentation!
Any EVC analyst optimism is totally misplaced!
Mark my words --- once investors listen to the conference it'll be lights out for EVC...
Almost one year ago EVC was worth more than it is today!
With all the supposed "Good News", since that time EVC has a lower valuation.
Go ahead and scream to the hills about the refinance, EPS growth, FCF growth, core advertising growth, population growth, spending growth, re-trans growth, digital growth, Luminar growth, Entravision reps growth, ratings growth. ---- None of it has amounted to a hill of beans in terms of valuation!
That is not a very good investment, now is it????
Starting to crash...
Really? It looks down big -time to me!
This Latino market has no growth. They are fleeing to the south. Its a farce.
The dividend probably won't even be paid. They hardly have the cash flow.
Political revenue was non-existent in Q4, Clearly Latinos are not politically important.
They aren't even buying into the new health plan .gov - these "healthy, young, good target customers" don't want to pay for insurance. Freeloaders!
The analyst covering EVC have raised earnings expectations to almost double their previous estimates for Q1 in just the last few days.
It is going to be much harder for EVC to meet Q1 EPS estimates now!!
Don't say I didn't warn you.
These are very bad signs. Crash is immanent.
Here we go! Its going to crash hard! Put some food on my table!
This Latino market is overvalued!
Univision will never go public! Latino niche crash & burn - all of them.