{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-025934","form_type":"8-K","ticker":"EVC","cik":"0001109116","company_name":"ENTRAVISION COMMUNICATIONS CORP","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.385113+00:00","generated_at":"2026-06-05T03:22:33.315910+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Meta to end ASP relationship with Entravision by July 1; $586M revenue at risk","bullets":["Meta informed Entravision it will wind down its Authorized Sales Partner program globally, ending relationship by July 1, 2024.","FY2023 Meta ASP revenue was $586.4M (53% of total $1,106.9M); associated EBITDA was $23.8M of $57.7M total.","FY2023 net loss attributable to common stockholders of $15.4M ($0.18 per share) vs. income of $18.1M in 2022.","Board declared quarterly cash dividend of $0.05 per share, payable March 29, 2024 to holders of record March 15.","Company initiated review of operating strategy and cost structure; balance sheet has $118.9M cash and marketable securities."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-025934","json":"https://secwatch.observer/filing/0000950170-24-025934.json","markdown":"https://secwatch.observer/filing/0000950170-24-025934.md","text":"https://secwatch.observer/filing/0000950170-24-025934.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/0000950170-24-025934-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/evc-20240304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:22:33.315910+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3db39d5d514adf56e00793e228b167abe1584428","claim":"ENTRAVISION COMMUNICATIONS CORP reported Three Months Ended December 31, 2023 results: revenue $ 320,063, net income $ (18,051 ), EPS $ (0.21 ).","evidence_excerpt":"Unaudited Financial Highlights (In thousands, except share and per share data) Three Months Ended Twelve Months Ended December 31, December 31, 2023 2022 % Change 2023 2022 % Change Net revenue $ 320,063 $ 296,328 8 % $ 1,106,867 $ 956,209 16 % Cost of revenue - digital (1) 237,520 191,965 24 % 800,401 623,916 28 % Operating expenses (2) 57,380 57,249 0 % 220,449 197,776 11 % Corporate expenses (3) 14,458 22,635 (36 )% 50,294 49,404 2 % Foreign currency (gain) loss 611 860 (29 )% 900 2,972 (70 )% Consolidated EBITDA (4) 16,246 36,524 (56 )% 57,666 103,090 (44 )% Free cash flow (5) $ (2,076 ) $ 19,299 * $ 7,394 $ 63,325 (88 )% Net income (loss) $ (18,051 ) $ 725 * $ (15,621 ) $ 20,169 * Net (income) loss attributable to redeemable noncontrolling interest $ (157 ) $ - * $ (158 ) $ - * Net (income) loss attributable to noncontrolling interest $ - $ (2,353 ) (100 )% $ 342 $ (2,050 ) * Net income (loss) attributable to common stockholders $ (18,208 ) $ (1,628 ) 1018 % $ (15,437 ) $ 18,119 *","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/0000950170-24-025934-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended December 31, 2023"},{"label":"Revenue","value":"$ 320,063"},{"label":"Net income","value":"$ (18,051 )"},{"label":"EPS","value":"$ (0.21 )"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"685e1dbaffaf4f64b961c3ad578e50aafd8820e8","claim":"ENTRAVISION COMMUNICATIONS CORP reported Twelve Months Ended December 31, 2023 results: revenue $ 1,106,867, net income $ (15,621 ), EPS $ (0.18 ).","evidence_excerpt":"Unaudited Financial Highlights (In thousands, except share and per share data) Three Months Ended Twelve Months Ended December 31, December 31, 2023 2022 % Change 2023 2022 % Change Net revenue $ 320,063 $ 296,328 8 % $ 1,106,867 $ 956,209 16 % Cost of revenue - digital (1) 237,520 191,965 24 % 800,401 623,916 28 % Operating expenses (2) 57,380 57,249 0 % 220,449 197,776 11 % Corporate expenses (3) 14,458 22,635 (36 )% 50,294 49,404 2 % Foreign currency (gain) loss 611 860 (29 )% 900 2,972 (70 )% Consolidated EBITDA (4) 16,246 36,524 (56 )% 57,666 103,090 (44 )% Free cash flow (5) $ (2,076 ) $ 19,299 * $ 7,394 $ 63,325 (88 )% Net income (loss) $ (18,051 ) $ 725 * $ (15,621 ) $ 20,169 * Net (income) loss attributable to redeemable noncontrolling interest $ (157 ) $ - * $ (158 ) $ - * Net (income) loss attributable to noncontrolling interest $ - $ (2,353 ) (100 )% $ 342 $ (2,050 ) * Net income (loss) attributable to common stockholders $ (18,208 ) $ (1,628 ) 1018 % $ (15,437 ) $ 18,119 *","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/0000950170-24-025934-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Twelve Months Ended December 31, 2023"},{"label":"Revenue","value":"$ 1,106,867"},{"label":"Net income","value":"$ (15,621 )"},{"label":"EPS","value":"$ (0.18 )"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}