MIAMI — As 2017 came to a close, one of the nation’s leading Hispanic and millennial-focused media companies saw mixed results. While total revenue and the commonly used non-GAAP “OIBDA” were down for Univision Communications, net income was on the rise.
However, the big jump in net income has little to do with anything Univision did at its media properties. The gain has everything do with the FCC, and the Internal Revenue Service.
