Company: EVC
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034661
Chunk: 238

Company: ENTRAVISION COMMUNICATIONS CORP
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 238
---
6 for all of the Company’s Univision and UniMás network affiliate stations. Among other things, the proxy agreement provides terms relating to compensation to be paid to the Company by TelevisaUnivision with respect to retransmission consent agreements entered into with MVPDs. During the years ended December 31, 2024, 2023 and 2022, retransmission consent revenue accounted for approximately $33.9 million, $36.6 million and $36.0 million, respectively, of which $23.8 million, $25.5 million and $24.9 million, respectively, relate to the TelevisaUnivision proxy agreement. The term of the proxy agreement extends with respect to any MVPD for the length of the term of any retransmission consent agreement in effect before the expiration of the proxy agreement.The following tables reflect the related-party balances with TelevisaUnivision and other related parties (in thousands): 

        Univision

        Other

        Total

        December 31,

        December 31,

        December 31,

        2024

        2023

        2024

        2023

        2024

        2023

        Trade receivables 
         
        $
        3,556

        $
        10,051

        $
        —

        $
        —

        $
        3,556

        $
        10,051

        Other current assets 

        —

        —

        274

        274

        274

        274

        Intangible assets subject to amortization, net (2) 

        1,857

        2,785

        —

        —

        1,857

        2,785

        Accounts payable 

        772

        953

        118

        118

        890

        1,071

        Univision

        2024

        2023

        2022

        Direct operating expenses (1) 

        $
        8,618

        $
        6,050

        $
        8,095

        Amortization 

        928

        928

        928

       (1)Consists of national representation fees paid to TelevisaUnivision. (2)Consists of intangible rights originally acquired from TelevisaUnivision. In addition, the Company also had accounts receivable from third parties in