Univision’s revenue fell almost 8% in the last quarter of 2008, to $502.1 million – a loss of more than $201 million from the previous year. According to The Hollywood Reporter, although Univision is holding up better than other networks, it continues to be hard hit by the downturn in advertising.
In a conference call yesterday, Andrew Hobson, the company’s CFO, recognized the first quarter of 2009 “has been tough, and we expect the year to be tough.”
Meanwhile, Univision, Telefutura and Galavision also face getting pulled off the DISH lineup this week. It has not yet reached a new carriage agreement. The current one expires tomorrow.