Why Did Univision Just Exit El Paso?
By Adam R Jacobson
RBR + TVBR
In a surprising move, Univision Communications has agreed to sell its three stations in El Paso, Texas to an entity that serves as a U.S.-based extension of a Mexican media giant.
Does this point to more divestment from Univision, which swung to a net loss in Q3 as total revenue slid?
Don’t count on it, insiders tell RBR + TVBR.