Driven by continued strength in its radio and television businesses, Univision has reported that the growth rate of its Spanish-speaking audience outpaced that of any top English-speaking TV outlet.
The largest of this country's Spanish-oriented broadcasters, Univision posted net income of $79.2 million, or 23 cents per share, in the third quarter. The company also said it will record a pretax
charge of $25 million in the fourth quarter and expects to realize an annual savings of $50 related to a planned six percent head-count reduction, according to Reuters.
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