Net Revenue Dives 12% In Q2 At Entravision

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Entravision’s radio segment saw a revenue decrease in the second quarter of $2.4 million. The company says the big drop was due to decreases in local and national advertising revenue, and a decrease in political advertising revenue. Local revenue was down 9% and national dropped 19%. To breakdown national further, national spot was down 31%, while Entravision’s audio network increased 3%. For the first six months of the year Entravision revenue is down 10% from $36.4 to $32.8 million. Entravision owns 49 primarily Spanish-formatted stations. Entravision is pacing down 9% for Q3.

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