---
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"
generated_at: "2026-06-05T03:22:33.315910+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Meta to end ASP relationship with Entravision by July 1; $586M revenue at risk

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-025934
- JSON: https://secwatch.observer/filing/0000950170-24-025934.json
- Plain text: https://secwatch.observer/filing/0000950170-24-025934.txt

## Key facts
- Earnings Releases
  ENTRAVISION COMMUNICATIONS CORP reported Three Months Ended December 31, 2023 results: revenue $ 320,063, net income $ (18,051 ), EPS $ (0.21 ).
  - Period: Three Months Ended December 31, 2023
  - Revenue: $ 320,063
  - Net income: $ (18,051 )
  - EPS: $ (0.21 )
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/0000950170-24-025934-index.htm
- Earnings Releases
  ENTRAVISION COMMUNICATIONS CORP reported Twelve Months Ended December 31, 2023 results: revenue $ 1,106,867, net income $ (15,621 ), EPS $ (0.18 ).
  - Period: Twelve Months Ended December 31, 2023
  - Revenue: $ 1,106,867
  - Net income: $ (15,621 )
  - EPS: $ (0.18 )
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1109116/000095017024025934/0000950170-24-025934-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.