Univision Communications Q3 net revenue increased 9.8% to 529.1 million from 481.9 million Q3 2006, excluding 2006 FIFA World Cup estimated incremental net revenues of 24.7 million. Including World Cup incremental revenue in 2006, net revenue increased 4.4%. Prior to the completion of the merger on 3/29 this year, the Univision decided to sell its music recording and publishing businesses. As a result, they are reported as a discontinued operation and not included in the above results.
Broken down for the quarter, net revenue for the Television division was 406.7 million, vs. 394.2 in Q3 2006. Radio was 110.8 million vs. 103.3. Internet was 11.6 million vs. 9.2 million.
Net revenues for television in the first nine months of the year were 1.181 billion vs. 1.206 billion in 2006. Radio was 314.8 million vs. 280 million. Internet was 32.5 million vs. 26.5 million.
Said Unvision CEO Joe Uva: "I am extremely pleased that Univision has continued the positive momentum of last quarter, producing third quarter operational and financial results that demonstrate strengthened fundamentals and, combined with last quarter’s gains, solidify our platform for future growth across all of our core businesses. During the quarter, the Univision Network ranked as the #3 broadcast network in the country in primetime for the entire quarter, with a young adult audience larger than CBS, ABC and CW. Univision Radio has sustained very strong revenue growth, while Univision.com continued to grow in strides, underscoring its position as the #1 Internet destination among Hispanics."
Locally, in Q3, Univision were ranked as the #1 station in any language in Los Angeles, New York (tie), Miami, Houston, Dallas, San Francisco, Phoenix, Sacramento, Fresno and Austin among all Adults 18-34 and in Los Angeles, Miami, Houston, Dallas, Phoenix and Fresno among all Adults 18-49.
Locally in Q3, TeleFutura stations were ranked as the #2 Spanish-language station among all Adults 18-34 in Los Angeles, Houston (tie), Chicago, Dallas (tie), San Antonio (tie), San Francisco (tie), Sacramento, Fresno and Bakersfield (tie) and among all Adults 18-49 in Los Angeles, Houston, Chicago (tie), Dallas (tie), San Antonio (tie), San Francisco (tie), Sacramento, Fresno and Bakersfield.
The Galavisión Network remained the #1 Spanish-language cable network among U.S. Hispanics during the quarter, attracting more than double the combined Adult 18-49 audience of the other individually rated Spanish-language cable networks in total day and primetime.
In the Arbitron Summer 2007 book, Univision Radio’s programming and cross promotion with Univision’s local television stations resulted in audience share growth among Adults 18-34 and Adults 25-54. In LA, Univision Radio maintained its leadership position with KLVE and KSCA ranking as the #1 and #2 stations in the market among all Adults 25-54 (Hispanic and Non-Hispanic), respectively. Univision Radio’s New York station cluster posted notable audience share increases of 43% among Adults 18-34 and 55% among Adults 25-54 compared to the Summer 2006 book.
Univision Online achieved another quarter of growth, increasing page impressions by 7.8% and unique visits by 33% compared to the third quarter last year. In addition, video streams increased 91% compared to a year ago, driven by streamlined usage features and the launch of the site’s new video portal.