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  • Entravision Communications Corporation Reports Third Quarter 2021 Results

    Entravision Communications Corporation Reports Third Quarter 2021 Results

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision Communications Corporation (NYSE: EVC), a leading global media, marketing and technology company, today announced financial results for the three- and nine-month periods ended September 30, 2021.

    Third Quarter 2021 Highlights

    • Net revenue up 216% over the prior-year period
    • Net income attributable to common stockholders up 35% over the prior-year period
    • Consolidated Adjusted EBITDA up 42% over the prior-year period
    • Operating cash flow up 50% over the prior-year period
    • Free cash flow up 112% over the prior-year period
    • Acquisition of Cisneros Interactive’s remaining 49% (now wholly-owned)
    • Acquisition of MediaDonuts, marking entry into Southeast Asia
    • Quarterly cash dividend of $0.025 per share
    • Acquisition of 365 Digital, marking entry into Africa

    “Entravision reported very strong results for the third quarter, with revenue improving 216% and adjusted EBITDA increasing by 42% over the prior-year period,” said Walter F. Ulloa, Chairman and Chief Executive Officer. “Thanks to the exceptional work of our entire team, we saw growth in core revenue across each of our business segments, with digital, in particular, making a significant contribution to our overall performance and now comprising 73% of total revenue.”

    Mr. Ulloa continued, “During the quarter, we continued to strengthen our digital segment, both organically and through acquisitions. At the end of August, we acquired the remaining 49 percent of Cisneros Interactive, which is now wholly-owned by us, expanding our reach in Latin America. Prior to that, in July, we acquired MediaDonuts, marking our entry into Southeast Asia. Finally, just today, we announced the acquisition of 365 Digital, a digital marketing solutions agency in South Africa and marking our entry into Africa. Our digital operations now have a presence on five continents. These acquisitions will serve us favorably as we expand our client base and geographic footprint. We are evolving our business to meet the demands of our clients while generating value for all of our stakeholders as we build a company that is truly a digital media powerhouse.”

    Acquisition of 365 Digital

    The Company announced today in a separate press release that, on November 1, 2021, it acquired 100% of the issued and outstanding shares of stock of 365 Digital Media (Pty) Ltd, a digital marketing solutions agency headquartered in South Africa, marking the Company’s entry into Africa, and bringing the Company’s digital presence to five continents. The transaction, funded from the Company’s cash on hand, includes a purchase price of approximately $1.9 million in cash, and earn-out payments based upon the achievement of certain EBITDA targets in calendar years 2022, 2023 and 2024, calculated as a pre-determined multiple of EBITDA for each of those years.

    Quarterly Cash Dividend

    The Company also announced today that its Board of Directors approved a quarterly cash dividend to shareholders of $0.025 per share on the Company’s Class A, Class B and Class U common stock, in an aggregate amount of approximately $2.1 million. The quarterly dividend will be payable on December 31, 2021 to shareholders of record as of the close of business on December 16, 2021, and the common stock will trade ex-dividend on December 15, 2021. The Company currently anticipates that future cash dividends will be paid on a quarterly basis; however, any decision to pay future cash dividends will be subject to approval by the Board.

    Non-GAAP Financial Measures

    This press release contains certain non-GAAP financial measures as defined by SEC Regulation G. The GAAP financial measure most directly comparable to each of these non-GAAP financial measures, and a table reconciling each of these non-GAAP financial measures to its most directly comparable GAAP financial measure is included beginning on page 10.

    Unaudited Financial Highlights

     

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    % Change

    2021

    2020

    % Change

    Net revenue

    $

    199,008

    $

    62,978

    216

    %

    $

    526,298

    $

    172,343

    205

    %

    Cost of revenue – digital (1)

    124,332

    7,808

    *

    318,118

    21,602

    *

    Operating expenses (2)

    43,113

    34,061

    27

    %

    124,969

    107,368

    16

    %

    Corporate expenses (3)

    7,253

    6,287

    15

    %

    21,756

    18,511

    18

    %

    Foreign currency (gain) loss

    177

    (680

    )

    *

    454

    673

    (33

    )%

    Consolidated adjusted EBITDA (4)

    23,195

    16,371

    42

    %

    55,177

    27,773

    99

    %

    Free cash flow (5)

    $

    22,382

    $

    10,567

    112

    %

    $

    47,831

    $

    14,388

    232

    %

    Net income (loss)

    $

    13,884

    $

    9,016

    54

    %

    $

    31,362

    $

    (24,238

    )

    *

    Net (income) loss attributable to redeemable noncontrolling interest

    $

    (1,753

    )

    $

    –

    *

    $

    (5,938

    )

    $

    –

    *

    Net income (loss) attributable to common stockholders

    $

    12,131

    $

    9,016

    35

    %

    $

    25,424

    $

    (24,238

    )

    *

    Net income (loss) per share attributable to common stockholders, basic

    $

    0.14

    $

    0.11

    27

    %

    $

    0.30

    $

    (0.29

    )

    *

    Net income (loss) per share attributable to common stockholders, diluted

    $

    0.14

    $

    0.11

    27

    %

    $

    0.29

    $

    (0.29

    )

    *

    Weighted average common shares outstanding, basic

    85,390,333

    84,185,728

    85,207,992

    84,208,924

    Weighted average common shares outstanding, diluted

    88,315,732

    84,863,020

    87,694,395

    84,208,924

    (1)

    Consists primarily of the costs of online media acquired from third-party publishers. Media cost is classified as cost of revenue in the period in which the corresponding revenue is recognized.

    (2)

    Operating expenses includes direct operating and selling, general and administrative expenses. Included in operating expenses are $0.3 million and $0.1 million of non-cash stock-based compensation for the three-month periods ended September 30, 2021 and 2020, respectively, and $1.0 million and $0.4 million of non-cash stock-based compensation for the nine-month periods ended September 30, 2021 and 2020, respectively.

    (3)

    Corporate expenses include $0.8 million and $0.7 million of non-cash stock-based compensation for the three-month periods ended September 30, 2021 and 2020, respectively, and $2.3 million and $2.0 million of non-cash stock-based compensation for the nine-month periods ended September 30, 2021 and 2020, respectively.

    (4)

    Consolidated adjusted EBITDA means net income (loss) plus gain (loss) on sale of assets, depreciation and amortization, non-cash impairment charge, non-cash stock-based compensation included in operating and corporate expenses, net interest expense, other operating gain (loss), gain (loss) on debt extinguishment, income tax (expense) benefit, equity in net income (loss) of nonconsolidated affiliate, non-cash losses, syndication programming amortization less syndication programming payments, revenue from the Federal Communications Commission, or FCC, spectrum incentive auction less related expenses, expenses associated with investments, EBITDA attributable to redeemable noncontrolling interest, acquisitions and dispositions and certain pro-forma cost savings. We use the term consolidated adjusted EBITDA because that measure is defined in the agreement governing our current credit facility (“the 2017 Credit Facility”) and does not include gain (loss) on sale of assets, depreciation and amortization, non-cash impairment charge, non-cash stock-based compensation, net interest expense, other income (loss), gain (loss) on debt extinguishment, income tax (expense) benefit, equity in net income (loss) of nonconsolidated affiliate, non-cash losses, syndication programming amortization less syndication programming payments, revenue from FCC spectrum incentive auction less related expenses, expenses associated with investments, EBITDA attributable to redeemable noncontrolling interest, acquisitions and dispositions and certain pro-forma cost savings.

    (5)

    Free cash flow is defined as consolidated adjusted EBITDA less cash paid for income taxes, net interest expense, capital expenditures and non-recurring cash expenses plus dividend income, and other operating gain (loss). Net interest expense is defined as interest expense, less non-cash interest expense relating to amortization of debt finance costs, and less interest income.

    Unaudited Financial Results
     

    Three-Month Period

    Ended September 30,

    2021

    2020

    % Change

    Net revenue

    $

    199,008

    $

    62,978

    216

    %

    Cost of revenue – digital (1)

    124,332

    7,808

    *

    Operating expenses (1)

    43,113

    34,061

    27

    %

    Corporate expenses (1)

    7,253

    6,287

    15

    %

    Depreciation and amortization

    5,901

    3,934

    50

    %

    Impairment charge

    166

    –

    *

    Foreign currency (gain) loss

    177

    (680

    )

    *

    Other operating (gain) loss

    (2,431

    )

    (2,683

    )

    (9

    )%

    Operating income (loss)

    20,497

    14,251

    44

    %

    Interest expense, net

    (1,702

    )

    (1,502

    )

    13

    %

    Dividend income

    207

    3

    *

    Income (loss) before income taxes

    19,002

    12,752

    49

    %

    Income tax benefit (expense)

    (5,118

    )

    (3,736

    )

    37

    %

    Net income (loss)

    13,884

    9,016

    54

    %

    Net (income) loss attributable to redeemable noncontrolling interest

    (1,753

    )

    –

    *

    Net income (loss) attributable to common stockholders

    $

    12,131

    $

    9,016

    35

    %

    (1)

    Cost of revenue, operating expenses and corporate expenses are defined on page 2.

    Net revenue in the third quarter of 2021 totaled $199.0 million, up 216% from $63.0 million in the prior-year period. Of the overall increase, approximately $132.4 million was attributable to our digital segment and was primarily due to advertising revenue resulting from our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became fully-owned during the third quarter of 2021, and advertising revenue resulting from our acquisition of MediaDonuts during the third quarter of 2021. In addition, of the overall increase, approximately $4.9 million was attributable to our radio segment, primarily due to increases in local and national advertising revenue, partially offset by a decrease in political revenue. The overall increase was partially offset by a decrease of approximately $1.3 million that was attributable to our television segment primarily due to decreases in political revenue and revenue from spectrum usage rights, partially offset by increases in local and national advertising revenue.

    Cost of revenue in the third quarter of 2021 totaled $124.3 million compared to $7.8 million in the prior-year period. The increase was primarily due to increased costs of revenue following our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became wholly-owned during the third quarter of 2021, and our acquisition of MediaDonuts during the third quarter of 2021.

    Operating expenses in the third quarter of 2021 totaled $43.1 million, up 27% from $34.1 million in the prior-year period. The increase was primarily due to our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became fully-owned during the third quarter of 2021, and our acquisition of MediaDonuts during the third quarter of 2021, and due to an increase in expenses associated with the increase in advertising revenue, partially offset by a decrease in salary expense associated with furloughs and layoffs that occurred in 2020 because of the COVID-19 pandemic.

    Corporate expenses in the third quarter of 2021 totaled $7.3 million, up 15% from $6.3 million in the prior-year period. The increase was primarily due to an increase in salaries and non-cash stock-based compensation expense.

    Nine-Month Period

    Ended September 30,

    2021

    2020

    % Change

    Net revenue

    $

    526,298

    $

    172,343

    205

    %

    Cost of revenue – digital (1)

    318,118

    21,602

    *

    Operating expenses (1)

    124,969

    107,368

    16

    %

    Corporate expenses (1)

    21,756

    18,511

    18

    %

    Depreciation and amortization

    16,159

    12,319

    31

    %

    Impairment charge

    1,604

    39,835

    (96

    )%

    Foreign currency (gain) loss

    454

    673

    (33

    )%

    Other operating (gain) loss

    (4,867

    )

    (5,549

    )

    (12

    )%

    Operating income (loss)

    48,105

    (22,416

    )

    *

    Interest expense, net

    (5,052

    )

    (5,043

    )

    0

    %

    Dividend income

    211

    26

    712

    %

    Income (loss) before income taxes

    43,264

    (27,433

    )

    *

    Income tax benefit (expense)

    (11,902

    )

    3,195

    *

    Net income (loss)

    31,362

    (24,238

    )

    *

    Net (income) loss attributable to redeemable noncontrolling interest

    (5,938

    )

    –

    *

    Net income (loss) attributable to common stockholders

    $

    25,424

    $

    (24,238

    )

    *

    (1)

    Cost of revenue, operating expenses and corporate expenses are defined on page 2.

    Net revenue for the nine-month period of 2021 totaled $526.3 million, up 205% from $172.3 million in the prior-year period. Of the overall increase, approximately $339.4 million was attributable to our digital segment and was primarily due to advertising revenue resulting from our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became fully-owned during the third quarter of 2021, and advertising revenue resulting from our acquisition of MediaDonuts during the third quarter of 2021. In addition, of the overall increase, approximately $2.7 million was attributable to our television segment, primarily due to increases in local and national advertising revenue, and revenue from spectrum usage rights, partially offset by a decrease in political revenue. Additionally, of the overall increase, approximately $11.8 million was attributable to our radio segment primarily due to increases in local and national advertising revenue, partially offset by a decrease in political revenue.

    Cost of revenue for the nine-month period of 2021 totaled $318.1 million compared to $21.6 million in the prior-year period. The increase was primarily due to increased costs of revenue following our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became wholly-owned during the third quarter of 2021, and our acquisition of MediaDonuts during the third quarter of 2021.

    Operating expenses for the nine-month period of 2021 totaled $125.0 million, up 16% from $107.4 million in the prior-year period. The increase was primarily due to our acquisition of a majority interest in Cisneros Interactive during the fourth quarter of 2020, which became fully-owned during the third quarter of 2021, and our acquisition of MediaDonuts during the third quarter of 2021, and due to an increase in expenses associated with the increase in advertising revenue, partially offset by decreases in bad debt and salary expense associated with furloughs and layoffs that occurred in 2020 because of the COVID-19 pandemic.

    Corporate expenses for the nine-month period of 2021 totaled $21.8 million, up 18% from $18.5 million in the prior-year period. The increase was primarily due to an increase in salaries and audit fees.

    Balance Sheet and Related Metrics

    Cash and marketable securities as of September 30, 2021 totaled approximately $182.9 million. Total debt was $213.0 million. Net of $75 million of cash and marketable securities, total leverage as defined in the Company’s credit agreement was 1.6 times as of September 30, 2021. Net of total accessible cash and marketable securities, total leverage was 0.3 times.

    Unaudited Segment Results

     

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    % Change

    2021

    2020

    % Change

    Net Revenue

    Digital

    $

    146,121

    $

    13,655

    970

    %

    $

    377,826

    $

    38,359

    885

    %

    Television

    36,450

    37,786

    (4

    )%

    106,598

    103,940

    3

    %

    Radio

    16,437

    11,537

    42

    %

    41,874

    30,044

    39

    %

    Total

    $

    199,008

    $

    62,978

    216

    %

    $

    526,298

    $

    172,343

    205

    %

    Cost of Revenue – digital (1)

    Digital

    $

    124,332

    $

    7,808

    *

    $

    318,118

    $

    21,602

    *

    Operating Expenses (1)

    Digital

    13,187

    5,383

    145

    %

    36,064

    18,403

    96

    %

    Television

    20,148

    18,978

    6

    %

    59,548

    58,471

    2

    %

    Radio

    9,778

    9,700

    1

    %

    29,357

    30,494

    (4

    )%

    Total

    $

    43,113

    $

    34,061

    27

    %

    $

    124,969

    $

    107,368

    16

    %

    Corporate Expenses (1)

    $

    7,253

    $

    6,287

    15

    %

    $

    21,756

    $

    18,511

    18

    %

    Consolidated adjusted EBITDA (1)

    $

    23,195

    $

    16,371

    42

    %

    $

    55,177

    $

    27,773

    99

    %

    (1)

    Cost of revenue, operating expenses, corporate expenses, and consolidated adjusted EBITDA are defined on page 2.

    Notice of Conference Call

    Entravision Communications Corporation will hold a conference call to discuss its third quarter 2021 results on Thursday, November 4, 2021 at 5 p.m. Eastern Time. To access the conference call, please dial (877) 407-9716 (U.S.) or (201) 493-6779 (Int’l) ten minutes prior to the start time and reference Conference ID number 13723009. The call will also be available via live webcast on the investor relations portion of the Company’s website located at www.entravision.com.

    About Entravision Communications Corporation

    Entravision is a diversified global media, marketing and technology company serving clients throughout the United States and in fast growing population centers in more than 30 countries across Latin America, Europe, Asia and Africa. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of five core businesses: Entravision Digital, Smadex, Cisneros Interactive, MediaDonuts, and 365 Digital. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world, including the U.S., Latin America and Europe. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. 365 Digital is a digital advertising solutions provider that offers exclusive sales representations with major global platforms in South Africa. Beyond digital, Entravision has 53 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 46 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our innovative media, marketing and technology offerings at entravision.com or connect with us on LinkedIn and Facebook.

    Forward-Looking Statements

    This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission.

    (Financial Table Follows)

    Entravision Communications Corporation

    Consolidated Balance Sheets

    (In thousands; unaudited)

     

    September 30,

    December 31,

    2021

    2020

    ASSETS

    Current assets

    Cash and cash equivalents

    $

    182,891

    $

    119,162

    Marketable securities

    –

    27,988

    Restricted cash

    749

    749

    Trade receivables, net of allowance for doubtful accounts

    168,165

    142,004

    Assets held for sale

    2,907

    2,141

    Prepaid expenses and other current assets

    24,803

    18,021

    Total current assets

    379,515

    310,065

    Property and equipment, net

    64,600

    72,004

    Intangible assets subject to amortization, net

    65,880

    49,412

    Intangible assets not subject to amortization

    209,153

    216,653

    Goodwill

    68,728

    58,043

    Operating leases right of use asset

    32,053

    33,525

    Other assets

    8,474

    7,643

    Total assets

    $

    828,403

    $

    747,345

    LIABILITIES AND STOCKHOLDERS’ EQUITY

    Current liabilities

    Current maturities of long-term debt

    $

    4,694

    $

    3,000

    Accounts payable and accrued expenses

    179,912

    126,849

    Operating lease liabilities

    7,353

    7,290

    Total current liabilities

    191,959

    137,139

    Long-term debt, less current maturities, net of unamortized debt issuance costs

    208,014

    210,454

    Long-term operating lease liabilities

    29,851

    31,775

    Other long-term liabilities

    80,893

    3,732

    Deferred income taxes

    64,416

    54,980

    Total liabilities

    575,133

    438,080

    Redeemable noncontrolling interest

    –

    33,285

    Stockholders’ equity

    Class A common stock

    6

    6

    Class B common stock

    2

    2

    Class U common stock

    1

    1

    Additional paid-in capital

    780,426

    828,813

    Accumulated deficit

    (526,362

    )

    (551,786

    )

    Accumulated other comprehensive income (loss)

    (803

    )

    (1,056

    )

    Total stockholders’ equity

    253,270

    275,980

    Total liabilities and stockholders’ equity

    $

    828,403

    $

    747,345

    Entravision Communications Corporation

    Consolidated Statements of Operations

    (In thousands, except share and per share data)

    (Unaudited)

     

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    2021

    2020

    Net revenue

    $

    199,008

    $

    62,978

    $

    526,298

    $

    172,343

    Expenses:

    Cost of revenue – digital

    124,332

    7,808

    318,118

    21,602

    Direct operating expenses

    28,583

    24,178

    83,480

    72,997

    Selling, general and administrative expenses

    14,530

    9,883

    41,489

    34,371

    Corporate expenses

    7,253

    6,287

    21,756

    18,511

    Depreciation and amortization

    5,901

    3,934

    16,159

    12,319

    Impairment charge

    166

    –

    1,604

    39,835

    Foreign currency (gain) loss

    177

    (680

    )

    454

    673

    Other operating (gain) loss

    (2,431

    )

    (2,683

    )

    (4,867

    )

    (5,549

    )

    178,511

    48,727

    478,193

    194,759

    Operating income (loss)

    20,497

    14,251

    48,105

    (22,416

    )

    Interest expense

    (1,714

    )

    (1,969

    )

    (5,287

    )

    (6,673

    )

    Interest income

    12

    467

    235

    1,630

    Dividend income

    207

    3

    211

    26

    Income (loss) before income taxes

    19,002

    12,752

    43,264

    (27,433

    )

    Income tax benefit (expense)

    (5,118

    )

    (3,736

    )

    (11,902

    )

    3,195

    Net income (loss)

    13,884

    9,016

    31,362

    (24,238

    )

    Net (income) loss attributable to redeemable noncontrolling interest

    (1,753

    )

    –

    (5,938

    )

    –

    Net income (loss) attributable to common stockholders

    $

    12,131

    $

    9,016

    $

    25,424

    $

    (24,238

    )

    Basic and diluted earnings per share:

    Net income (loss) per share attributable to common stockholders, basic

    $

    0.14

    $

    0.11

    $

    0.30

    $

    (0.29

    )

    Net income (loss) per share attributable to common stockholders, diluted

    $

    0.14

    $

    0.11

    $

    0.29

    $

    (0.29

    )

    Cash dividends declared per common share, basic and diluted

    $

    0.03

    $

    0.03

    $

    0.08

    $

    0.10

    Weighted average common shares outstanding, basic

    85,390,333

    84,185,728

    85,207,992

    84,208,924

    Weighted average common shares outstanding, diluted

    88,315,732

    84,863,020

    87,694,395

    84,208,924

    Entravision Communications Corporation

    Consolidated Statements of Cash Flows

    (In thousands; unaudited)

     

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    2021

    2020

    Cash flows from operating activities:

    Net income (loss)

    $

    13,884

    $

    9,016

    $

    31,362

    $

    (24,238

    )

    Adjustments to reconcile net income (loss) to net cash provided by operating activities:

    Depreciation and amortization

    5,901

    3,934

    16,159

    12,319

    Impairment charge

    166

    —

    1,604

    39,835

    Deferred income taxes

    4,649

    (1,346

    )

    8,348

    (8,744

    )

    Non-cash interest

    153

    159

    451

    491

    Amortization of syndication contracts

    119

    125

    357

    383

    Payments on syndication contracts

    (115

    )

    (72

    )

    (354

    )

    (325

    )

    Non-cash stock-based compensation

    1,094

    816

    3,300

    2,408

    (Gain) loss on disposal of property and equipment

    (2,622

    )

    (140

    )

    (2,622

    )

    (767

    )

    Changes in assets and liabilities:

    (Increase) decrease in accounts receivable

    (16,361

    )

    (5,228

    )

    (15,894

    )

    14,285

    (Increase) decrease in prepaid expenses and other assets

    (642

    )

    1,623

    2,267

    6,713

    Increase (decrease) in accounts payable, accrued expenses and other liabilities

    3,169

    (2,633

    )

    8,802

    (16,643

    )

    Net cash provided by operating activities

    9,395

    6,254

    53,780

    25,717

    Cash flows from investing activities:

    Proceeds from sale of property and equipment and intangibles

    9,431

    1,100

    9,431

    5,089

    Purchases of property and equipment

    (1,433

    )

    (2,065

    )

    (4,269

    )

    (7,741

    )

    Purchases of intangible assets

    —

    —

    —

    (158

    )

    Purchase of a businesses, net of cash acquired

    (12,847

    )

    —

    (12,847

    )

    —

    Proceeds from marketable securities

    10,000

    11,620

    27,800

    38,480

    Purchases of investments

    (800

    )

    —

    (800

    )

    —

    Net cash provided by investing activities

    4,351

    10,655

    19,315

    35,670

    Cash flows from financing activities:

    Proceeds from stock option exercises

    242

    —

    414

    —

    Tax payments related to shares withheld for share-based compensation plans

    (70

    )

    —

    (528

    )

    (15

    )

    Payments on long-term debt

    (750

    )

    (750

    )

    (2,250

    )

    (2,250

    )

    Dividends paid

    (2,136

    )

    (2,106

    )

    (6,395

    )

    (8,428

    )

    Repurchase of Class A common stock

    —

    —

    —

    (525

    )

    Payments of capitalized debt costs

    —

    —

    (604

    )

    —

    Net cash used in financing activities

    (2,714

    )

    (2,856

    )

    (9,363

    )

    (11,218

    )

    Effect of exchange rates on cash, cash equivalents and restricted cash

    (3

    )

    (39

    )

    (3

    )

    (7

    )

    Net increase (decrease) in cash, cash equivalents and restricted cash

    11,029

    14,014

    63,729

    50,162

    Cash, cash equivalents and restricted cash:

    Beginning

    172,611

    70,005

    119,911

    33,857

    Ending

    $

    183,640

    $

    84,019

    $

    183,640

    $

    84,019

    Entravision Communications Corporation


    Reconciliation of Consolidated Adjusted EBITDA to Cash Flows From Operating Activities


    (In thousands; unaudited)

    The most directly comparable GAAP financial measure is operating cash flow. A reconciliation of this non-GAAP measure to cash flows from operating activities for each of the periods presented is as follows:

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    2021

    2020

    Consolidated adjusted EBITDA (1)

    $

    23,195

    $

    16,371

    $

    55,177

    $

    27,773

    EBITDA attributable to redeemable noncontrolling interest

    2,036

    –

    9,127

    –

    Interest expense

    (1,714

    )

    (1,969

    )

    (5,287

    )

    (6,673

    )

    Interest income

    12

    467

    235

    1,630

    Dividend income

    207

    3

    211

    26

    Income tax expense

    (5,118

    )

    (3,736

    )

    (11,902

    )

    3,195

    Amortization of syndication contracts

    (119

    )

    (125

    )

    (357

    )

    (383

    )

    Payments on syndication contracts

    115

    72

    354

    325

    Non-cash stock-based compensation included in direct operating expenses

    (321

    )

    (148

    )

    (971

    )

    (383

    )

    Non-cash stock-based compensation included in corporate expenses

    (773

    )

    (668

    )

    (2,329

    )

    (2,025

    )

    Depreciation and amortization

    (5,901

    )

    (3,934

    )

    (16,159

    )

    (12,319

    )

    Impairment charge

    (166

    )

    –

    (1,604

    )

    (39,835

    )

    Non-recurring cash severance charge

    –

    –

    –

    (1,118

    )

    Other operating gain (loss)

    2,431

    2,683

    4,867

    5,549

    Net (income) loss attributable to redeemable noncontrolling interest

    (1,753

    )

    –

    (5,938

    )

    –

    Net income (loss) attributable to common stockholders

    12,131

    9,016

    25,424

    (24,238

    )

    Depreciation and amortization

    5,901

    3,934

    16,159

    12,319

    Impairment charge

    166

    –

    1,604

    39,835

    Deferred income taxes

    4,649

    (1,346

    )

    8,348

    (8,744

    )

    Non-cash interest

    153

    159

    451

    491

    Amortization of syndication contracts

    119

    125

    357

    383

    Payments on syndication contracts

    (115

    )

    (72

    )

    (354

    )

    (325

    )

    Non-cash stock-based compensation

    1,094

    816

    3,300

    2,408

    (Gain) loss on disposal of property and equipment

    (2,622

    )

    (140

    )

    (2,622

    )

    (767

    )

    Net income (loss) attributable to redeemable noncontrolling interest

    1,753

    –

    5,938

    –

    Changes in assets and liabilities:

    (Increase) decrease in accounts receivable

    (16,361

    )

    (5,228

    )

    (15,894

    )

    14,285

    (Increase) decrease in prepaid expenses and other assets

    (642

    )

    1,623

    2,267

    6,713

    Increase (decrease) in accounts payable, accrued expenses and other liabilities

    3,169

    (2,633

    )

    8,802

    (16,643

    )

    Cash flows from operating activities

    9,395

    6,254

    53,780

    25,717

    (1)

    Consolidated adjusted EBITDA is defined on page 2.

    Entravision Communications Corporation


    Reconciliation of Free Cash Flow to Cash Flows From Operating Activities


    (In thousands; unaudited)

    The most directly comparable GAAP financial measure is operating cash flow. A reconciliation of this non-GAAP measure to cash flows from operating activities for each of the periods presented is as follows:

    Three-Month Period

    Nine-Month Period

    Ended September 30,

    Ended September 30,

    2021

    2020

    2021

    2020

    Consolidated adjusted EBITDA (1)

    $

    23,195

    $

    16,371

    $

    55,177

    $

    27,773

    Net interest expense (1)

    (1,549

    )

    (1,343

    )

    (4,601

    )

    (4,552

    )

    Dividend income

    207

    3

    211

    26

    Cash paid for income taxes

    (469

    )

    (5,082

    )

    (3,554

    )

    (5,549

    )

    Capital expenditures (2)

    (1,433

    )

    (2,065

    )

    (4,269

    )

    (7,741

    )

    Non-recurring cash severance charge

    –

    –

    –

    (1,118

    )

    Other operating gain (loss)

    2,431

    2,683

    4,867

    5,549

    Free cash flow (1)

    22,382

    10,567

    47,831

    14,388

    Capital expenditures (2)

    1,433

    2,065

    4,269

    7,741

    EBITDA attributable to redeemable noncontrolling interest

    2,036

    –

    9,127

    –

    (Gain) loss on disposal of property and equipment

    (2,622

    )

    (140

    )

    (2,622

    )

    (767

    )

    Changes in assets and liabilities:

    (Increase) decrease in accounts receivable

    (16,361

    )

    (5,228

    )

    (15,894

    )

    14,285

    (Increase) decrease in prepaid expenses and other assets

    (642

    )

    1,623

    2,267

    6,713

    Increase (decrease) in accounts payable, accrued expenses and other liabilities

    3,169

    (2,633

    )

    8,802

    (16,643

    )

    Cash Flows From Operating Activities

    $

    9,395

    $

    6,254

    $

    53,780

    $

    25,717

    (1)

    Consolidated adjusted EBITDA, net interest expense, and free cash flow are defined on page 2.

    (2)

    Capital expenditures are not part of the consolidated statement of operations.

    Christopher T. Young

    Chief Financial Officer

    Entravision Communications Corporation

    310-447-3870

    Kimberly Esterkin

    ADDO Investor Relations

    310-829-5400

    evc@addo.com

    Source: Entravision Communications Corporation

  • Entravision Expands into Africa and Acquires Leading Advertising Solutions Company 365 Digital

    Entravision Expands into Africa and Acquires Leading Advertising Solutions Company 365 Digital

    The acquisition provides access to a high-growth, emerging digital advertising industry with significant expansion opportunities across Africa

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC) (“Entravision” or “the Company”) announced today that it has acquired 365 Digital, a digital advertising solutions company headquartered in South Africa. This investment provides Entravision with a geographic foothold in Africa, as the Company looks to expand its breadth of digital services to new emerging markets.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104006250/en/

    Headquartered in Cape Town, South Africa, 365 Digital maintains exclusive sales representations with TikTok, the leading destination for short-form mobile video and brand solutions, and Anzu, an in-game advertising platform, and is also the authorized representative for Triton Digital, a leader in the digital audio streaming and podcasting market. 365 Digital also offers end-to-end digital publisher solutions for premier South African publishers, including a proprietary digital ad network.

    “We are very pleased to announce our acquisition of 365 Digital and our continued global expansion,” said Walter Ulloa, Chairman and Chief Executive Officer of Entravision. “365 Digital’s strong management team will fit seamlessly into Entravision’s growing digital business, and we look forward to leveraging their regional expertise and existing big tech representations to scale Entravision’s digital platform across Africa. This acquisition fully aligns with our vision to position Entravision as a global digital marketing solutions powerhouse, serving brands and local leaders with advanced branding, performance and programmatic needs. We’ve strategically expanded our geographic footprint into some of the fastest growing marketplaces across the globe and, as reported today in our third quarter 2021 earnings press release, digital revenue increased nearly 10 times more than the prior-year period.”

    Entravision’s acquisition of 365 Digital continues the Company’s evolution into a leading marketing technology service provider in the world’s highest growth economies. Sub-Saharan Africa is an extremely attractive digital marketplace with nearly 500 million digitally connected consumers. Importantly, the Sub-Saharan Africa customer, including those in South Africa, Kenya, Nigeria and Ghana, is young, tech-savvy and digitally connected.

    “This is a major milestone for our company, and we are excited to join Entravision,” said Julian Jordaan, Chief Executive Officer of 365 Digital. “We see tremendous synergies between our two companies not just in traditional digital advertising, but also in digital audio, mobile and programmatic advertising. I am confident that with Entravision’s expertise, guidance and global platform, we will be able to take our company to the next level and attract an even stronger demand for our innovative services.”

    This acquisition follows Entravision’s recent acquisitions of Cisneros Interactive, a leader in the rapidly growing digital advertising sector in Latin America and globally, and MediaDonuts, a leader in digital marketing solutions covering seven countries in Southeast Asia. Upon the closing of this transaction, all 365 Digital employees will remain with the company and Julian Jordaan will continue to serve as CEO of the business based out of its headquarters in Cape Town. For more information on Entravision, please review the Company’s most recent filings with the Securities and Exchange Commission on Form 8-K.

    About Entravision Communications Corporation

    Entravision is a diversified global media, marketing and technology company serving clients throughout the United States and in fast growing population centers in more than 30 countries across Latin America, Europe, Asia and Africa. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of five core businesses: Entravision Digital, Smadex, Entravision-Cisneros Interactive, MediaDonuts, and 365 Digital. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world, including the U.S., Latin America and Europe. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Entravision-Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. 365 Digital is a digital advertising solutions provider that offers exclusive sales representations with major global platforms in South Africa. Beyond digital, Entravision has 53 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 46 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our innovative media, marketing and technology offerings at entravision.com or connect with us on social on LinkedIn and Facebook.

    About 365 Digital

    365 Digital is an African online media and ad-technology business with a rich heritage in the African advertising industry. 365 Digital represents the largest publishers and platforms in and helps global brands reach connected consumers and drive business impact. With a mission to connect publishers to brands, and brands to consumers, 365 Digital helps brands reach audiences at scale through its exclusive partnership with leading platforms like TikTok, Anzu, Zando.co.za, OLX and EWN. Headquartered in Cape Town and with offices in Johannesburg, South Africa, the business is committed to unlocking the true potential of premium publisher platforms and to providing advertisers access to audiences at scale.

    Forward Looking Statements

    This press release contains certain forward-looking statements, including without limitation the Company’s current expectations and intentions with respect to the filing of its Form 10-K. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission.

    Entravision:


    Christopher T. Young

    Chief Financial Officer

    310-447-3870

    Kimberly Esterkin

    ADDO Investor Relations

    310-829-5400

    evc@addo.com

    365 Digital:


    Julian Jordaan

    Chief Executive Officer

    +27 21 555 1975

    Julian@365Digital.co.za

    Source: Entravision

  • ¡Ana Gabriel ya tiene su propia estrella en Hollywood!

    ¡Ana Gabriel ya tiene su propia estrella en Hollywood!

    Este miércoles, la cantante mexicana Ana Gabriel dio un salto a la fama, al develar su propia estrella en el Paseo de la Fama de Hollywood, cumpliendo una promesa que le había hecho a sus padres tiempo atrás.

    La cantautora contó en inglés y en español, que hace años caminaba con sus padres maravillada al ver los nombres de todas esas estrellas que tenían su nombre en el corredor, y desde entonces había sentido un presentimiento de que ella podría llegar a estar ahí.

    “Les dije, algún día, no sé cuándo, pero algún día va a estar mi nombre y mi estrella aquí. Hoy esa promesa que le hice a mis padres se está haciendo realidad”, recordó durante su discurso de agradecimiento.

    Ana Gabriel agradeció a su familia y dedicó su reconocimiento por la estrella número 2,707 a sus padres y amigos, “Y, por supuesto, no puedo dejar de nombrarlos porque sin su amor y sin su apoyo jamás me han dejado sola y desde hace muchos años siguen a mi lado a mis fans de aquí, del extranjero, de México. Gracias a los que hicieron posible este sueño, ‘Y aquí estoy’ como dice mi canción, gracias a todos, gracias a Dios”, señaló.

    Durante la ceremonia, participaron el exalcalde de Los Ángeles, Antonio Villaraigosa, Henry Cárdenas de Cardenas Marketing Network, la periodista Jessica Maldonado, así como representantes de la Cámara de Comercio de Hollywood que otorga las estrellas.

    El reconocimiento, llega luego de 47 años de carrera y un sinfín de éxitos entre los que destacan ‘Quién Como Tú’, ‘Simplemente Amigos’ y ‘Tú Lo Decidiste’. La cantautora, cuyo nombre real es María Guadalupe Araujo Yong, nació en Guamúchil, Sinaloa en 1955, y es hija de Don Ramón Araujo Valenzuela e Isabel Yong, su madre, quien tiene ascendencia china.

    En 1979 adoptó el nombre de Ana Gabriel, su álbum debut, Un Estilo, fue lanzado en 1985 y más tarde le valió un premio OTI a la Mejor Cantante del Año, por su tema ‘A Tu Lado’. Durante su carrera, ha realizado duetos con artistas como Pedro Fernández, Yuri, Plácido Domingo, Jon Secada, Vikki Carr, Vicente Fernández y el Fallecido Armando Manzanero.

  • Papá de Octavio Ocaña culpa a Policía de asesinarlo; ellos lo mataron

    Papá de Octavio Ocaña culpa a Policía de asesinarlo; ellos lo mataron

    [post_content_prefix] A pesar de que las investigaciones respecto al incidente armado en el que murió Octavio Ocaña continúan en curso, el padre del joven actor está seguro del culpable: la Policía mexicana.

    De acuerdo con Univision, Octavio Pérez dio más detalles sobre la repentina muerte del actor de la serie “Vecinos”, registrada el viernes 29 de octubre luego de una persecución en auto por Cuautitlán Izcalli, en el Estado de México.

    Poco antes de la tragedia, el joven de 22 años se comunicó con su padre y socio para informarle a dónde se dirigía. Ocaña iba a la localidad de Villa del Carbón en el mismo estado, sitio que su padre vinculó con un presunto abuso de poder y extorsiones por parte de las fuerzas del orden.

    “Me dijo: ‘Papá, me voy perder dos tres horas porque voy a Villa del Carbón a una comida’. Mi hijo venía con música. Me pidió permiso a mí, yo vivo en Tabasco, él vivía con su pareja. Somos empresarios, somos empresas mutuas”, relató Pérez a la emisión mexicana “Ventaneando” este 3 de noviembre.

    “Ir para allá es un problema, ¿por qué? Porque la gente lo piensa, porque estas gentes (la policía) son extorsionadores, te paran por cualquier cosita y a ver qué traen. Trabajan para la maña (crimen organizado); son gente indeseable”, añadió el empresario.

    LEE: Muere el actor Octavio Ocaña de la serie ‘Vecinos’

    De acuerdo con la Fiscalía General de Justicia (FGJ) del Estado de México, a Ocaña se le ordenó detener su vehículo, luego de un reporte que aseguraba la presencia de personas armadas a bordo. El joven actor presuntamente se rehusó, lo que generó una persecución.

    Al respecto, Pérez considera que su hijo no tenía razón para detener su auto, pues no había cometido falta alguna, y fue contundente al responsabilizar a los agentes de la muerte de su hijo.

    “No tenía por qué pararse si no cometió ningún delito. Lo empezaron a perseguir y fue lo que pasó. Ellos provocaron que perdiera el control de la camioneta por irlo persiguiendo; ellos lo mataron”, denunció.

    LEE: Así fue el entierro de Octavio Ocaña en Villahermosa, Tabasco

    La explicación oficial, al menos hasta el momento, es que Octavio Ocaña se habría disparado a sí mismo por accidente, luego de sacar una pistola en medio de la persecución, que culminó con el impacto de su vehículo en la autopista Chamapa-Lechería.

    El arma que fue encontrada en el interior sí pertenecía a su hijo, indicó Pérez a “Ventaneando”, pero la pistola sí estaba debidamente registrada, a diferencia de la versión de la FGJ. Además, el calibre de la bala que le causó la muerte al actor no coincide con el arma de su propiedad.

    El padre del fallecido actor, quien saltara a la fama por su personaje de “Benito Rivers” en la serie cómica, advirtió que demandará a la Fiscalía y rechazó su versión de los hechos, la cual alega que Ocaña conducía bajo los efectos del alcohol y THC, sustancia psicoactiva presente en la marihuana.

    “Ya tomamos cartas en el asunto con los abogados; ya el Gobierno se comunicó conmigo. Todo lo demás está declarado. Próximamente vamos a demandar a la Fiscalía, como debe de ser”, adelantó Pérez al diario mexicano Reforma.

    LEE: Liberan a acompañantes del actor Octavio Ocaña tras rendir su declaración

    Además de compartir que, tras pedir la ayuda del presidente de México, Andrés Manuel López Obrador giró instrucciones especiales a la Secretaría de Gobernación, el padre de Octavio no ofreció más detalles sobre el curso de las indagatorias.

    “No voy a seguir diciendo más cosas para no perturbar nada. En su momento diré cómo siguen las investigaciones”, finalizó el empresario.

  • Edén Muñoz confirma la recuperación de su hijo recién nacido

    Edén Muñoz confirma la recuperación de su hijo recién nacido

    El hijo del cantante regional Edén Muñoz líder de Calibre 50, se recupera luego de haber sido diagnosticado con bronconeumonía hace solo una semana. El pequeño Matías de tan solo un mes de nacido, ingresó a terapia intensiva junto a su madre Paloma Llanas y el día de ayer, obtuvieron buenas noticias de parte del equipo médico que lo atendía.

    A través de un video en su cuenta de Instagram, el cantante compartió las buenas noticias con sus seguidores grabándose desde el interior del hospital y contando el notable alivio de su bebé, quien está a punto de volver a casa.

    “Este perrón va muy bien. Ya le andan bajando el oxígeno, va saturando muy bien. Ya casi se va a la casa ese perrón. Ya no tienes sonda tampoco. Ya toma bibi solo”, narró Muñoz mientras su bebé descansaba en los brazos de Paloma Llanas.

    Sus seguidores se hicieron notar en las redes sociales compartiendo el video y llenándolo de buenos deseos y comentarios. El video sumó más de 150 mil likes en cuestión de minutos.

    “¡Se los dije! Todo suma. Gracias por todo. Al personal de médico por su amor y sabiduría. A ustedes por sus buenas vibras, sus oraciones y todo lo bueno que nos regalan, que Dios se los multiplique en bendiciones”, comentó el intérprete de ‘Si Te Pudiera Mentir’.

    Personalidades como Pepe Aguilar, MC Davo, Chiquis Rivera y Ana Bárbara, expresaron mediante emojis y comentarios su felicidad al ver al pequeño Matías recuperado. El bebé tuvo una afectación bastante delicada, lo cual preocupó al cantante y a su familia, pero ahora se encuentran tranquilos y esperando su recuperación.

    https://www.instagram.com/p/CVyLTykJ9BS/

  • Alejandro Fernández se presentará en los Grammy Latinos 2021

    Alejandro Fernández se presentará en los Grammy Latinos 2021

    Conforme pasan los días, la Academia Latina de Grabación continúa anunciando nuevos actos que formarán parte de la ceremonia el próximo 18 de noviembre, en el MGM Grand Garden Arena de Las Vegas.

    Una de las sorpresas de la noche será la participación de El Potrillo, quien ofrecerá un pequeño show ya que además se encuentra nominado a Mejor Canción de Regional Mexicano, con su éxito ‘Que Se Sepa Nuestro Amor’.

    Estos han sido momentos de altibajos para Alejandro. Por un lado el cantante está atravesando tiempos difíciles al tener a su padre, Vicente Fernández, hospitalizado desde hace tres meses y mejorando lentamente. Por otro, su gira Hecho en México, que actualmente está moviéndose por Estados Unidos, ha sido todo un éxito y ha recabado el suficiente dinero para brindar apoyo a obras de beneficencia, como lo es la iniciativa Famillies Belong Together a la que el cantante donó $100 mil dólares.

    De cualquier forma, El Potrillo es reconocido musicalmente y sus éxitos serán celebrados durante la ceremonia, a la cual también se sumaron Bad Bunny y Juanes, quien hará un homenaje a Juan Gabriel con el tema ‘No Tengo Dinero’.

    En su edición número 22, los Latin Grammy serán conducidos por Ana Brenda Contreras, Carlos Rivera y Roselyn Sánchez. La lista de artistas confirmados incluyen a Paula Arenas, la Banda El Recodo de Cruz Lizárraga, Rubén Blades, Calibre 50, La Arrolladora Banda El Limón de René Camacho, Los Dos Carnales, Nella, Ozuna y Danna Paola, entre otros.

  • Pepe Aguilar sufrió percance durante un vuelo con su familia

    Pepe Aguilar sufrió percance durante un vuelo con su familia

    El cantante Pepe Aguilar sufrió un susto este lunes junto a su familia, mientras viajaba en un avión privado con rumbo a Los Ángeles, Estados Unidos, donde tendría una presentación.

    Fue en su cuenta de Instagram que el intérprete de ‘Por Mujeres Como Tú’ compartió la terrible experiencia que atravesó, cuando el avión se despresurizó de la nada y las bolsas de aire cayeron de su lugar con el objetivo de ser utilizadas por los pasajeros para regular su respiración.

    “Venimos llegando a LAX, así se llama el aeropuerto de Los Ángeles, pero hace como una hora, hora y cuarto, el avión en el que venimos se despresurizó. Es la primera vez en la vida que nos pasa esto”, comentó el líder de la dinastía Aguilar.

    En el video que el cantante compartió en sus redes, se observan al menos seis pasajeros incluidos Ángela Aguilar, la esposa de Pepe, Aneliz Álvarez, su hija menor Aneliz, quien se observa asustada en el metraje, y su pequeño perro “Gordo”. Ninguno de los integrantes de la familia se atreve a mirar la cámara ya que intentaban sobrepasar el trago amargo que les dejó el terrible episodio.

    Luego de recobrar el aliento, el cantante contó que luego de la despresurización, se quitó la mascarilla de seguridad, se levantó de su asiento y corrió a la cabina de los pilotos pero comenzó a sentirse mal, a tal grado que sintió que iba a desmayarse, por lo que regresó a su asiento para colocarse la bolsa y poder respirar mejor.

    “Mala idea, mala idea. De repente llegamos a 38 mil pies y teníamos que bajar de volada. Impresionante. Pero bueno, ya llegamos”, concluyó.

  • OJ Simpson amenazó públicamente a esposa antes de su asesinato

    OJ Simpson amenazó públicamente a esposa antes de su asesinato

    [post_content_prefix] El astro del fútbol americano O.J. Simpson habría amenazado a su esposa, Nicole Brown Simpson, de que algún día la mataría y además se saldría con la suya.

    De acuerdo con Fox News, que cita información de la agencia Associated Press, la aseveración anterior fue hecha por Caitlyn Jenner, quien estaba casada con Kris Jenner, una de las mejores amigas de la víctima.

    La medallista olímpica y estrella de televisión hizo las impactantes declaraciones dentro de su aparición en el programa australiano “Big Brother VIP”, relatando cómo el crimen y el subsecuente proceso legal afectaron a su familia.

    “Fue un tiempo extraordinariamente difícil. Nicole era la mejor amiga de Kris, y lo había sido por mucho tiempo. Yo estuve en la casa de Nicole dos días antes del asesinato”, narró la también exaspirante a la gubernatura de California, de 72 años.

    LEE: Maestra presa por sexo con alumno de 13 ahora da clases a reclusas

    “Obviamente, (O.J. Simpson) lo hizo, y se salió con la suya, e incluso en un punto le dijo a Nicole: ‘te mataré y me saldré con la mía porque soy O.J. Simpson’. Luego, Nicole le comunicó eso a Kris y, desafortunadamente, tuvo razón”, lamentó Jenner.

    El presunto asesino y su aparente víctima se habrían casado en 1985 y tuvieron dos hijos; se separaron en 1992. En 1994, Brown Simpson y su amigo Ron Goldman fueron brutalmente asesinados.

    LEE: Caitlyn Jenner revela que se lanzará para gobernadora de California

    O.J. Simpson fue exonerado por el doble homicidio al año siguiente. El exesposo de Kris Jenner, Robert Kardashian, fue parte del dream team legal que defendió al exatleta.

    “Incluso después del veredicto de no culpabilidad, Kris volteó conmigo y me dijo: ‘debimos haber escuchado a Nicole. Ella tenía razón, desde el inicio’”, relató la personalidad televisiva.

    VIDEO: O.J. Simpson confiesa el asesinato de Nicole Brown

    En su libro de 2017 “The Secrets of my Life” (“Los secretos de mi vida”), Jenner aseguró que Kardashian habría dicho años después que creía que Simpson era culpable de los asesinatos. El abogado y padre del famoso clan de la TV falleció en 2003 por cáncer.

    Oficialmente, el caso se considera no resuelto.

  • Así fue el entierro de Octavio Ocaña en Villahermosa, Tabasco

    Así fue el entierro de Octavio Ocaña en Villahermosa, Tabasco

    Luego de la trágica muerte de Octavio Ocaña en una persecución policial, el actor fue enterrado por sus familiares y amigos el pasado fin de semana en el municipio de Cuautitlán Izcalli en el Estado de México.

    Los restos del actor que diera vida a Benito en la serie de Vecinos, descansarán en la tierra que lo vio nacer el 7 de diciembre de 1998. El cuerpo de Octavio fue enterrado con la playera de su quipo favorito, el Cruz Azul, y mientras era despedido, la canción de Amor Eterno sonaba en las bocinas.

    Días antes, el cuerpo de Ocaña fue velado en una funeraria ubicada en el Estado de México para luego ser trasladado a Tabasco, en donde su familia y prometida, Nerea Godínez, ya lo esperaban para hacer las ceremonias pertinentes.

    Tras el entierro, su prometida compartió una fotografía en su cuenta de Instagram con un mensaje de despedida para el actor de 22 años: “Hasta pronto mi amor, vamos a echarle ganas a todo esto por ti y para ti… “Siempre si, siempre tú, siempre nosotros” Te amo Octavio”, escribió además de agregar un hashtag pidiendo justicia.

    ¿Por qué murió Octavio Ocaña?

    El actor murió a los 22 años de edad abordo de una camioneta en el Estado de México, luego de una persecusión policial. Según el informe de la Fiscalía General de Justicia del Estado de México (FGJEM), Octavio murió a causa del impacto de una bala en la cabeza que él mismo detonó accidentalmente, luego de que la camioneta impactara con un muro en la autopista.

    Según el dictamen de los hechos, Ocaña perdió el control del vehículo, salió de la cinta asfáltica y se impactó con la parte delantera derecha en la autopista Chamapa – Lechería en el municipio de Atizapán de Zaragoza.

    Posterior al choque, los oficiales de policía se acercaron al vehículo y según lo declarado, se encontraron en el asiento del conductor a Octavio con una lesión en la parte derecha de la cabeza, pero aún con vida. Conforme dice la declaración, el actor aún empuñaba el arma en la mano derecha, por lo que le fue retirada, acto seguido fueron detenidos sus acompañantes y se solicitó un equipo de emergencia para trasladar al lesionado al hospital.

  • Entravision Radio Network’s Shoboy Show Now Syndicated in Washington, DC

    Entravision Radio Network’s Shoboy Show Now Syndicated in Washington, DC

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision Communications Corporation (NYSE: EVC), a leading global media and marketing technology company, announced today that the Shoboy Show hosted by Edgar “Shoboy” Sotelo is now also being syndicated in Washington, DC on WLZL-FM. The Shoboy Show is a feel-good entertainment experience that’s real, relatable and fun. The program airs on Entravision’s Latin Urban Fuego Hot Hits stations and targets the new generation of bilingual Latinos who live the “Spanglish” lifestyle.

    Entravision has an exclusive sales agreement to represent the Shoboy Show nationally on a network basis and has been actively expanding the program’s market base over the past two years. In 2020, the show launched in McAllen, TX (KKPS 99.5 FM), Sacramento, CA (KHHM 103.5 FM) and Stockton-Modesto, CA (KCVR 98.9 FM) in August; in Albuquerque, New Mexico (KJFA 102.9 AM-FM) in October; and in Salt Lake City, UT (KBMG 106.3 FM) in November.

    In 2021, the Shoboy Show debuted in Santa Barbara-Santa Maria, CA (KRTO 97.1 FM) in January, followed by Las Vegas, NV (KRRN 92.7 FM) and Palm Springs, CA (KPST 103.5 FM) in March, and San Diego, CA (XRST 107.7 FM) and Houston, TX (KLOL 101.1 FM) in June. With the Washington, DC market, 11 stations now syndicate the program.

    WHERE: El Zol, 107.9, WLZL-FM, Washington, DC

    WHEN: 7 – 11 PM ET, as of November 1, 2021

    “The Shoboy Show has been a great success across our network,” said Chris Munoz, Entravision’s EVP of National Sales. “We are thrilled to bring this popular program to our nation’s capital and continue to see it grow its listener base.”

    “We are super excited to be expanding our coast-to-coast reach by joining the amazing “El Zol 107.9” in Washington, DC,” said Edgar “Shoboy” Sotelo. “We hope to be able to expand our show into even more cities and communities in the future.”

    About Entravision Communications Corporation

    Entravision is a diversified global media, marketing and technology company serving clients throughout the United States and in fast growing population centers in more than 30 countries across Latin America, Europe and Asia. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of four core businesses: Entravision Digital, Smadex, Cisneros Interactive and MediaDonuts. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world, including the U.S., Latin America and Europe. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. Beyond the digital space, Entravision has 54 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 47 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our innovative media, marketing and technology offerings at entravision.com or connect with us on social on LinkedIn and Facebook.

    Contact for Affiliation:


    Andrea Becerra Prado

    abecerra@entravision.com

    323-900-6302

    Contact for Entravision:


    Kimberly Esterkin

    Addo Investor Relations

    evc@addo.com

    310-829-5400

    Source: Entravision Communications Corporation