SANTA MONICA, Calif., Oct. 5, 2017 /PRNewswire/ -- Entravision Communications Corporation (NYSE: EVC), a diversified media company serving Latino audiences and communities, today announced that it has entered into a new affiliation agreement and a new proxy agreement with Univision Communications Inc. relating to the company's Univision and UniMás network affiliate television stations.
"We have a longstanding and productive relationship with Univision and are pleased to extend our partnership through 2026," said Walter F. Ulloa, Chairman and Chief Executive Officer of Entravision. "Univision shares our commitment to the growing U.S. Latino market and we will continue to work together to best serve our local communities. Entravision remains focused on providing leading news, information and entertainment content across all of our media platforms in order to reach, engage and benefit our audiences and advertising partners."
Under the new affiliation agreement, Univision will continue to provide Entravision's existing Univision and UniMás network affiliate stations the right to broadcast Univision network and UniMás network programming in their respective markets. Under the new proxy agreement, Univision will continue to negotiate the terms of retransmission consent agreements for Entravision's Univision and UniMás network affiliate television stations in markets in which the two companies do not both own television stations. In addition, the company also entered into new amended and restated joint sales agreements, under which Entravision will continue to provide sales and marketing services for Univision and UniMás network affiliate television stations owned by Univision in six markets: Albuquerque, New Mexico; Boston, Massachusetts; Denver, Colorado; Orlando, Florida; Tampa, Florida; and Washington, D.C. The term of each of these new agreements extends through December 31, 2026, except that the agreements will expire on December 31, 2021 with respect to affiliate stations in Orlando, Florida; Tampa, Florida; and Washington, D.C. Each of these new agreements replaces its respective predecessor agreements.
Entravision Communications Corporation is a leading global media company that reaches and engages U.S. Latinos across acculturation levels and media channels, as well as consumers in Mexico and Latin America. The company's comprehensive portfolio incorporates integrated media and marketing solutions comprised of acclaimed television, radio, digital properties, events and data analytics services. Entravision has 56 primary television stations and is the largest affiliate group of both the Univision and UniMás television networks. Entravison also owns and operates 49 primarily Spanish-language radio stations featuring nationally recognized talent, as well as the Entravision Audio Network and Entravision Solutions, a coast-to-coast national spot and network sales and marketing organization representing Entravision's owned and operated, as well as its affiliate partner, radio stations. Entravision's Pulpo digital advertising unit is the #1-ranked online advertising platform in Hispanic reach according to comScore Media Metrix®, and Entravision's digital group also includes Headway, a leading provider of mobile, programmatic, data and performance digital marketing solutions primarily in the U.S., Mexico and Latin America. Entravision shares of Class A Common Stock are traded on The New York Stock Exchange under the symbol: EVC. Learn more at: www.entravision.com.
SOURCE Entravision Communications Corporation