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  1. 12-11-2008, 05:29 PM #1
    AngelaTC
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    Univision In Financial Trouble

    (What a shame. /sarcasm )

    http://blogs.wsj.com/deals/2008/12/11/u ... -troubles/

    Univision Communications, the Spanish-language broadcaster taken private last year in a $12.3 billion leveraged buyout led by media mogul Haim Saban. Univision was downgraded Thursday by Moody’s, its second downgrade this year, and it posted a $2.9 billion loss in the third quarter. Its ratio of debt to cash flow may be as high as 13 to 1.

    Univision is struggling to make payments on its nearly $10 billion of debt, for which the payments rose by $845 million this year, because cash flow is falling precipitously and cash on hand is declining. The company had a little more than $700 million in cash and short-term investments as of Oct. 31.
    More at the link!
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  2. 12-11-2008, 05:44 PM #2
    IndianaJones
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    Univision is struggling to make payments...
    As they say in Calcutta, "boo-freak'n-hoo". Maybe they want some bailout help?
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  3. 12-11-2008, 05:44 PM #3
    miguelina
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    No worries, they can ask Laraza for a bailout.
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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  4. 12-11-2008, 05:56 PM #4
    WorriedAmerican
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    hahahahahahahahahahahhahahahaha
    hahahahahahhahahahahahahahahahahahahahaha
    hahahahahahahahahahahahahahahahahaha
    hahahahahahahahahahahahahaha
    hahahahahahahahahahahahahahahaha
    hahahahahahahh!
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  5. 12-11-2008, 06:11 PM #5
    butterbean
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    WHO CARES? HAHAHAHA!
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  6. 12-11-2008, 06:16 PM #6
    retiredairforce
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    I wouldn't be surprised if Barney Frank and his boyfriend bail them out since he tried to earmark 25 million dollars for LaRaza but was pre-empted due to public outcry including mine........
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  7. 12-11-2008, 06:37 PM #7
    Dixie
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    I never tuned on so I don't care. Opens up a channel for better programming in my area.

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  8. 12-11-2008, 06:50 PM #8
    ReggieMay
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    If this takes just one Spanish channel off the air in my area, YIPEEEEE.
    "A Nation of sheep will beget a government of Wolves" -Edward R. Murrow

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  9. 12-11-2008, 06:52 PM #9
    WorriedAmerican
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    Quote Originally Posted by ReggieMay
    If this takes just one Spanish channel off the air in my area, YIPEEEEE.
    I've never seen a Spanish Channel here in maine. Maybe they are available on satellite.
    If Palestine puts down their guns, there will be peace.
    If Israel puts down their guns there will be no more Israel.
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  10. 12-11-2008, 06:54 PM #10
    JohnDoe2
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    Channel 39 in San Diego just dropped their Spanish language shows because of money problems too.
    NO AMNESTY

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