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Entravision Communication - EVC STOCK NEWS

Welcome to our dedicated page for Entravision Communication news (Ticker: EVC), a resource for investors and traders seeking the latest updates and insights on Entravision Communication stock.

Entravision Communications Corporation (NYSE: EVC) is a dynamic Spanish-language media company with a diversified portfolio of media assets, including 53 television stations, 48 radio stations, and over 100 interactive properties. Entravision's media assets are strategically located in fast-growing U.S. Hispanic markets, catering to a consumer base expected to account for approximately $1083 billion in consumer spending in 2014.

Entravision operates across three primary segments: television broadcasting, audio broadcasting, and digital media. The company's television and audio operations are committed to reaching and engaging U.S. Hispanics, offering content that resonates with this significant demographic group. In addition, Entravision's digital segment extends its reach globally, with operations in Europe, Latin America, Asia, and Africa.

As a global leader in advertising solutions, media, and technology, Entravision provides integrated marketing and media solutions. These encompass television, radio, and digital properties, as well as data analytics services, offering clients comprehensive tools to reach their target audiences effectively.

Recent achievements for Entravision include the expansion of its digital media segment and strategic partnerships that enhance its market position. The company's financial condition remains robust, supported by diversified revenue streams across its various media platforms.

Entravision continues to innovate and adapt to the evolving media landscape, ensuring its offerings meet the changing needs of consumers and advertisers alike.

Rhea-AI Summary

The Week 5 results of the 2024 National Latino Voter Tracking Poll reveal key insights into Latino voter preferences. Kamala Harris leads with 60% support, while Donald Trump has 35% support. However, Harris is underperforming compared to Biden's 2020 Latino support. Notably, Independent Latino voters are shifting towards Trump, with his support increasing from 34% to 46% over three weeks.

The poll highlights significant differences between California and Texas Latino voters. Harris overperforms in California (65% support) compared to Texas (56%), while Trump over-indexes in Texas (39%) versus California (30%). The economy remains the top concern for Latino voters in both states, with cost of living/inflation rated as a major issue by 58% of respondents. Other key issues vary between states, with housing costs ranking higher in California and gun violence more prominent in Texas.

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Entravision, AltaMed, and BSP Research have released Week 4 findings of the 2024 National Latino Voter Tracking Poll, offering insights into Latino voter preferences. Key findings include:

1. Kamala Harris maintains a stable lead over Donald Trump (56% vs 33%) among Latino voters.

2. Republicans are gaining favorability, with Trump's net favorability improving from -21 to -16.

3. Young Latino voters (18-29) show polarization: men favor Trump (53% vs 40%), while women strongly support Harris (60% vs 36%).

4. Outreach to Latino voters remains weak, but Republicans are making inroads.

5. 53% of Latino voters watched the Vice Presidential debate, with a near tie in perceived performance.

6. Healthcare is a non-partisan issue, with both Democratic and Republican Latino voters supporting affordable quality healthcare.

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Entravision, AltaMed Health Services, and BSP Research have released the third wave of findings from the 2024 National Latino Tracking Poll. Key insights include:

  • 67% of Latino voters are 'almost certain' to vote in November, with 19% saying they probably will
  • 35% of Latino voters feel they lack sufficient information to make an informed choice
  • Only 52% of Latino voters have been contacted by a political party or campaign
  • Economic issues dominate voter concerns, with cost of living/inflation (57%) and jobs (34%) being most important
  • Abortion (25%) and gun violence (24%) are the top non-economic issues
  • 66% of Latino voters are confident in Kamala Harris' economic plan
  • 43% are confident in Donald Trump's economic plan
  • 75% of Latino voters support abortion rights, including 53% of Latino Republicans

The poll will run for eight weeks, offering weekly updates on Latino voter priorities and intentions.

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Entravision, AltaMed Health Services, and BSP Research have released the second week of results from the 2024 National Latino Tracking Poll. Key findings include:

1. The presidential race remains stable, with Kamala Harris leading Donald Trump 56% to 33% among Latino voters.

2. Both parties need to improve outreach to Latino voters, with less than half feeling the Democratic Party is doing a good job and only a third believing the GOP is effective.

3. Younger Latino voters (18-29) show less engagement, with only 55% certain they will vote compared to 70% of all Latino voters.

4. Confusion about early voting and mail-in processes is growing, with 21% unfamiliar with mail-in voting (up from 11% in Week 1).

5. 87% of Latino voters support allowing Medicare to negotiate lower prescription drug prices.

The poll will continue for eight weeks, surveying 500 Latino voters weekly on voting intentions, key issues, and candidate favorability.

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Rhea-AI Summary

Entravision, AltaMed Health Services, and BSP Research have released the first set of findings from the 2024 National Latino Tracking Poll. The poll, surveying 500 registered Latino voters weekly, reveals key insights into Latino voter priorities ahead of the November election. Top concerns include cost of living and inflation (57%), jobs and the economy (35%), and housing costs (28%).

Other key findings:

  • 87% of Latino voters are certain or likely to vote
  • 52% have not been contacted by any party or organization about voting
  • Vice President Kamala Harris has a +24 favorability rating, highest among national political figures
  • In a hypothetical matchup, Harris leads Trump 55-33 among Latino voters
  • Democrats are viewed more favorably than Republicans in outreach to Latinos
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Rhea-AI Summary

Entravision (EVC), in collaboration with AltaMed Health Services and BSP Research, is launching the 2024 National Latino Tracking Poll on September 11, 2024. This weekly survey will provide real-time insights into Latino voter priorities ahead of the November election. The poll will survey 500 registered Latino voters each week for 8 weeks, covering topics such as voting intentions, key issues, healthcare concerns, and candidate favorability.

Results will be released weekly, starting September 18, 2024. A virtual press event will be held on the same day at 1pm ET/10am PT to discuss initial findings. This initiative aims to offer candidates, organizations, media, and voters a unique resource to understand how key issues resonate with Latino voters, recognizing the intersection of healthcare, civic engagement, and policy within the Latino community.

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Entravision has launched 'Unidos Por El Cambio', a national Get Out The Vote campaign aimed at empowering and mobilizing Latino voters for the 2024 elections. The initiative focuses on raising awareness, boosting participation, and deepening civic understanding within the Latino community. The campaign features creative video content, culturally-attuned messaging, and a compelling call to action.

Three creative ads anchor the campaign: 'PLEDGE OF ALLEGIANCE', celebrating Latino contributions to American society; 'I MATTER', emphasizing the personal importance of civic involvement; and 'UNIDOS', led by Eduardo Alejandro 'El Flaco' Moreno, encouraging voter registration through Entravision's audio streaming platform, Elboton.com.

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Entravision, in collaboration with BSP Research, conducted a comprehensive survey of Latino registered voters in Nevada and South Texas ahead of the 2024 U.S. elections. The poll, surveying 800 Latino Registered Voters, reveals high engagement but an information gap among Latino voters. Key findings include:

1. 62% of Latino voters are 'almost certain' to vote in November.
2. Over half feel they lack sufficient information about candidates.
3. In Nevada, Harris leads Trump by 18 points among Latino voters.
4. In South Texas, Harris leads Trump by 13 points.
5. Senator Jacky Rosen holds a 30-point lead over Sam Brown in Nevada.
6. Congressman Colin Allred leads Senator Ted Cruz by 19 points in South Texas.

The study highlights the important role of Spanish-language media in informing Latino voters and the potential impact of this demographic on the election outcome.

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Entravision Communications (NYSE: EVC) announced its financial results for Q2 2024. The company reported an increase in net revenue from continuing operations by 12% year-over-year to $82.7 million, primarily driven by digital advertising. Net income from continuing operations was $3.7 million, a significant turnaround from a loss of $5.8 million in Q2 2023.

However, the company reported a loss of $35.4 million from discontinued operations due to the sale of its digital commercial partnerships business, EGP. Despite this, cash flows from operating activities grew by 70% to $17.7 million, and free cash flow surged 586% to $15.7 million.

Additionally, Entravision declared a quarterly cash dividend of $0.05 per share, payable on September 30, 2024. The company emphasized its focus on maximizing political revenue and enhancing its digital marketing solutions.

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Entravision and the NFL have renewed their partnership for three more years, extending their collaboration through the 2026-2027 NFL season. This deal marks a decade-long alliance aimed at engaging Latino communities across the U.S., where 71% identify as NFL fans. The expanded partnership includes:

- Coverage of 54 games, including Sunday Night Football, Monday Night Football, and the first international game in Brazil
- Postseason coverage of all NFL Playoff games, AFC and NFC Championships, and Super Bowl LIX
- Broadcasting on Entravision's O&O radio stations and affiliate partners like TUDN and Latino Media Network
- A 30-minute pregame show, Pase Completo, featuring Ricardo Celis and Tony Nuñez
- Streaming options via ElBoton.com & mobile app

This partnership aims to deliver culturally relevant sports content to Latino fans, strengthening the NFL's largest ethnic fan base in the U.S.

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FAQ

What is the current stock price of Entravision Communication (EVC)?

The current stock price of Entravision Communication (EVC) is $2.24 as of January 22, 2025.

What is the market cap of Entravision Communication (EVC)?

The market cap of Entravision Communication (EVC) is approximately 203.7M.

What is Entravision Communications Corporation?

Entravision Communications Corporation (NYSE: EVC) is a Spanish-language media company with television, radio, and digital properties focused on U.S. Hispanic markets.

Where does Entravision operate its digital segment?

Entravision's digital segment operates in Europe, Latin America, Asia, the United States, and Africa.

What are the core business segments of Entravision?

Entravision operates in three primary segments: television broadcasting, audio broadcasting, and digital media.

How many television and radio stations does Entravision own?

Entravision owns 53 television stations and 48 radio stations.

What is the significance of Entravision's media assets?

Entravision's media assets are located in high-growth U.S. Hispanic markets, which account for a significant portion of consumer spending.

What types of services does Entravision provide?

Entravision provides integrated marketing and media solutions, including television, radio, digital properties, and data analytics services.

Who is the target audience for Entravision's content?

Entravision's content primarily targets U.S. Hispanics, engaging them through tailored media offerings.

How does Entravision support its financial stability?

Entravision's financial stability is supported by diversified revenue streams across its television, radio, and digital media platforms.

What recent achievements has Entravision made?

Recent achievements include the expansion of its digital media segment and strategic partnerships that strengthen its market position.

How does Entravision stay relevant in the evolving media landscape?

Entravision continues to innovate and adapt to the changing media landscape, ensuring its offerings align with the latest consumer and advertiser needs.
Entravision Communication

NYSE:EVC

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EVC Stock Data

203.68M
59.14M
26.66%
60.14%
1.31%
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United States of America
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