In June 2021, a company largely known as a Hispanic-focused multimedia company with revenues fueled by strong digital growth, primarily across Spanish-speaking territories, began a revenue diversification effort that saw it acquire a Singapore-based online advertising and technology company.
Much has changed since then at Entravision Communications Corp., including the unexpected passing of its founder and CEO, and the substantial loss of revenue due to Meta’s July 1 wind down of its Authorized Sales Partner (ASP) program. Now, Entravision has agreed to sell its digital advertising representation business.