ABC News said Thursday it would televise just one night of debates among Democratic hopefuls for 2020, as opposed to the two nights it had previously planned. ABC’s Sept. 12 coverage will feature 10 candidates, reflecting the fact that a good chunk of those campaigning for the job had failed to reach the next level of support to participate in the event, organized by the Democratic National Committee.
Just weeks before it co-hosts its first Democratic presidential primary debate with ABC, Univsion is bolstering its news division with the promotion of María Martínez-Guzmán as SVP and executive news director. Prior to this appointment, she was VP, newsgathering for Univision News.
Univision reported revenue fell 4% to $701.7 million. What the company describes as core revenue dropped 3.5% to $694.5 million. It also posted lower second-quarter net income, it fell 21% to $90.7 million from $114.3 million a year ago.
Univision’s annual Premios Juventud special topped adults 18-49 on Thursday with a 0.7 average, while ABC’s mini-golf competition Holey Moley and Family Food Fight fell to season lows with an 0.6 and 0.3 average, respectively.
Years of boardroom bickering and missteps, including a disastrous foray into English-language media, as well as rising competition from rival Telemundo and shifting demographics, have taken a toll.
The Spanish-language TV giant may pitch itself to Disney, Viacom and Fox, but its sale likely won’t make much for investors.
Spanish-language broadcaster Univision expects the volume of advance advertising commitments for its next programming cycle to rise after wrapping its negotiations in TV’s annual upfront market, according to a person familiar with the matter. This person says Univision saw its overall volume grow between 5% and 6% over last year’s efforts, driven in part by an influx of new advertisers and expanded budgets from current clients. The results represent Univision’s best from an upfront market in four years, this person added.
Univision says its board of directors is “reviewing strategic options” for the Spanish-language media giant, which could include the sale of the company. Univision has been struggling with debt and increased competition from Comcast’s Telemundo unit.