Entravision Communications Corp. on Tuesday released its Q4 and year-end 2023 earnings report, and in doing so also shared a “Digital Commercial Partnerships Business Update.”
The parent of Facebook, WhatsApp and Instagram told Entravision on Monday (3/4) that it intends to wind down its Authorized Sales Partner (ASP) program by July 1.
This could reduce the company’s EBITDA and revenue in a significant way. Entravision even cancelled its earnings call scheduled for 5pm Eastern today as it digests the news from Meta.
