Beginning with the top line, revenues for the quarter totaled $171.7 million, up 142% year over year and 173% sequentially.
On a pro forma basis, including Cisneros Interactive, revenues improved 51% over the fourth quarter of 2019.
In total, political advertising revenue for the fourth quarter was $14.2 million, surpassing our prior record set in the fourth quarter of 2012.
Excluding political ad sales, and including Cisneros Interactive on a pro forma basis, revenue increased by 39% in the quarter.
Adjusted EBITDA totaled $32.6 million for the fourth quarter of 2020, an increase of 195% compared to $11.1 million in the prior year period.
On a pro forma basis, EBITDA increased 159% in 2020 versus 2019.
For 2020, revenues totaled $344 million, up 26% over 2019.
Adjusted EBITDA totaled $60.4 million for full-year 2020 as compared to $41.2 million in 2019 or a 47% EBITDA growth in 2020 versus 2019.
As Chris Young, our CFO, will discuss shortly, in Q4, we more than doubled our prior record of free cash flow set in the second quarter of 2006.
Our television division generated revenues of $50.5 million for the quarter, up 37% compared to the prior year and up 34% sequentially.
Breaking this down further, television advertising and multicast revenue was up 48% over the prior year fourth quarter, while retransmission consent revenues were up 1% year over year.
Excluding political spend, our core television revenues increased by 10%, with television political revenues totaling $11.1 million in the quarter versus the nonmaterial amount of political revenue in the fourth quarter of 2019.
Excluding political revenue, national advertising revenues were up 20% driven mainly by Tier 2 automotive and healthcare, while local advertising revenues, excluding political, were up 2% driven by legal services and healthcare.
On a full-year basis, television revenues totaled $154.5 million, up 3% year over year.
Excluding political ad sales, core television revenues for 2020 were $131.9 million, a decrease of 12% over full-year 2019.
Turning to our top 10 television ad categories.
Auto, our largest television ad category, increased 3% year over year, but improved 28% from Q3 2020.
Services, our second largest advertising category, was up 17% compared to the prior year period.
Health care, our third largest category, was up 26% over the prior year and also improved 102% sequentially.
Media was up 22% year over year and up 26% sequentially.
Retail, while still down 21% year over year, posted a strong gain sequentially of 60%.
For adults 18 to 49 in early local news, our Univision television stations finished ahead of or tied their Telemundo competitor in 11 of 17 markets where we have head-to-head competition.
In late local news, we finished ahead of or tied Telemundo competitors in 10 markets among the 17 markets where we have head-to-head competition.
1 or 2 against English and Spanish language television competitors in nine markets, and we built up audience levels from the 15-minute lead-in in eight markets.
1 or 2 against English and Spanish language television competitors in six markets.
During the full week, our Univision and UniMás television stations combined have a cumulative audience of 3.8 million persons of two plus in our markets combined compared to Telemundo's 3.1 million persons two plus.
We have 22% more viewers than Telemundo in our television footprint.
During weekday primetime, when comparing to all stations in total, we had a higher ratings than at least one of the big four networks in nine markets among adults 18 to 49 and 10 markets among adults 18 to 34.
Telecast for Univision's Latin GRAMMY Awards show on November 19 was among the top 10 broadcast television primetime programs for the night among adults 18 to 49 and adults 25 to 54 in 13 markets.
Among adults 18 to 34, the show ranked among the top 10 in 15 markets.
Our sales teams did a remarkable job selling the Latin GRAMMYS, setting a revenue record for this signature TV special, with revenues up 25% over 2019.
Audio revenues for the fourth quarter totaled $16.2 million, an increase of 17% over the prior year period and up 41% sequentially.
Local audio revenues decreased 3% over the prior year fourth quarter, while national revenues were up 51% over prior year, largely bolstered by political ad sales.
Excluding political spend, core radio revenues declined 5% versus the prior year fourth quarter, with political revenues totaling $3 million in the quarter versus a nonmaterial amount of political revenue in the fourth quarter of 2019.
Excluding political spend, national advertising revenues were up 8% driven by the service category, while local advertising revenues were down 11% in our audio unit as a result of the continued impact of the COVID-19 pandemic.
On a full-year basis, audio revenues totaled $46.3 million, down 16% year over year.
Excluding political ad sales, core audio revenues for 2020 were down 26% over full-year 2019.
The 12 markets where we subscribe to Miller Kaplan data, we outperformed the market by 34.6 points in total revenue combined.
We outperformed the total market in 11 out of the 12 markets where we subscribe to Miller Kaplan.
Services, our largest category, representing 26% of our total audio revenue, improved 31% over the prior year fourth-quarter period.
Auto, our second largest advertising category, declined 28% for the fourth quarter as compared to the fourth quarter of '19, but was up 49% sequentially.
Auto repair advertising was up a healthy 34% year over year as was grocery store advertising, which improved 3% over the prior year period.
The remaining top 10 advertising categories were all down year over year in the fourth quarter, with the exception of political ads, where revenues totaled $3 million in the fourth quarter compared to an immaterial amount in the prior year period.
1 in nine out of 14 markets, including Los Angeles, released for fall among Hispanic adults 18 to 49, including ties; and No.
1 in 11 markets, including Los Angeles, among Hispanic adults 25 to 54.
Across our 14 O&O radio stations, the Erazno y La Chokolata show reached more than 608,000 Hispanics 18 to 49 in the fall 2020 survey.
1 or 2 Spanish language midday show, including Los Angeles, in 10 out of our 13 markets released among Hispanic adults 18 to 49, including ties.
1 or 2 among Spanish language radio stations in eight out of our 11 El Genio markets among Hispanic adults 18 to 49 and Hispanic adults 25 to 54.
All 2020 Hispanic adults 18 to 49 weekly reach was at 95% of 2019 levels, while fall 2020 reach for total adults 18 to 49 was at 91% of 2019 levels.
Digital revenues totaled $105 million for the fourth-quarter 2020, a substantial increase of 424% as compared to the prior year period.
Sequentially, digital revenues improved 669%.
On a pro forma basis for Cisneros Interactive, digital revenue increased 67% compared to the prior year period.
On a full-year basis, digital revenues totaled $143.3 million, an increase of 108% compared to 2019.
Juan has over two decades of experience in media, marketing, technology, venture capital and e-commerce industries as a result of working for Bertelsmann in Germany, Spain and Mexico and as Executive Director of Televisa's digital interactive for 7 years.
With Juan, a fluent Spanish speaker at the helm of our U.S. and global digital businesses, we expect to be able to grow our solutions, technology and talent pool that serve today more than 4,000 clients in 21 countries.
Our video network continues to expand and close exclusive connections with Tier 1 publishers.
We generated over $28 million in political revenue in 2020, which is an incredible 65% increase over our prior year record of $17 million in 2012.
According to a recently published UCLA Latino study of the 2020 presidential election turnout, approximately 16.6 million Latinos cast votes in the 2020 election.
This represents a 31% increase and nearly double the nationwide growth of 16% in ballots cast between 2016 and 2020.
Latino voters supported Joe Biden by a margin across the country, consistent with margins that Obama won in both 2008 and 2012.
As Walter has discussed, revenue for the fourth-quarter 2020 totaled $171.7 million, an increase of 142% from the fourth quarter of 2019 and up 173% sequentially.
When comparing on a pro forma basis and including Cisneros Interactive's revenue in our 2019 results, revenues increased 51% year over year.
For our TV division, ad revenues totaled $41.8 million, up 48% year over year.
Retransmission revenue totaled $8.8 million and was up 1% year over year.
For our audio division, revenues totaled $16.2 million, up 17% over the prior year period.
Lastly, digital revenues totaled $105 million, up 424% year over year.
When comparing on a pro forma basis and including Cisneros Interactive's revenue in our 2019 results, digital revenues increased 67% year over year.
SG&A expenses were $14 million for the quarter, a decrease of 1% compared to $14.1 million in the year ago period.
Excluding the Cisneros acquisition, SG&A expenses were down 23%.
Direct operating expenses totaled $31.9 million for Q4 of 2020, an increase of 6% compared to Q4 of 2019.
Excluding the Cisneros acquisition, direct operating expenses were down 2%.
Finally, corporate expenses for the fourth quarter increased 18%, totaling $9.3 million compared to $7.9 million in the same quarter of last year.
We also maintained a dividend of $0.025 per share and continued to eliminate expenses at the operating and corporate levels deemed secondary to serving our core media business.
Excluding expenses related to Cisneros, operating expenses are expected to be down approximately 13%.
Consolidated adjusted EBITDA totaled $32.6 million for the fourth quarter, up 195% compared to the fourth quarter of last year.
On a pro forma basis, accounting for the Cisneros Interactive acquisition, adjusted EBITDA was up 159% year over year.
Entravision's 51% portion of Cisneros Interactive adjusted EBITDA was $3.6 million for the fourth quarter.
Earnings per share for the fourth-quarter 2020 were $0.24 compared to $0.09 per share in the same quarter of last year.
Net cash interest expense was $1.3 million for the fourth quarter compared to $2.2 million in the same quarter of last year.
Cash capital expenditures for fourth quarter totaled $1.3 million compared to $4.1 million in the prior year.
This brought us to $9.1 million in cash capital expenditures for the full year of 2020.
Cash and marketable securities as of December 31, 2020 totaled $147.2 million.
Total debt was $215 million.
Net of $75 million of cash and marketable securities on the books, our total leverage, as defined in our credit agreement, was 2.3 times as of the end of the fourth quarter.
Net of total accessible cash and marketable securities, our total net leverage was 1.3 times.
As of today, our TV advertising business is presently pacing a minus 14%, with core TV, excluding political, pacing at a minus 4%.
Our audio business is pacing a minus 8%, with core audio, excluding political again, pacing at a minus 6%.
And our digital business, including revenue from Cisneros Interactive, is pacing plus 500%.
Factoring in Cisneros revenue generated in Q1 of last year of approximately $42.2 million, our digital business on a pro forma basis is currently pacing at a plus 65%.
If that's the case, we will file a notice with the SEC to extend our 10-K filing deadline for an additional 15 days.

Summary:
Beginning with the top line, revenues for the quarter totaled $171.7 million, up 142% year over year and 173% sequentially.
Telecast for Univision's Latin GRAMMY Awards show on November 19 was among the top 10 broadcast television primetime programs for the night among adults 18 to 49 and adults 25 to 54 in 13 markets.
Our sales teams did a remarkable job selling the Latin GRAMMYS, setting a revenue record for this signature TV special, with revenues up 25% over 2019.
1 in 11 markets, including Los Angeles, among Hispanic adults 25 to 54.
1 or 2 among Spanish language radio stations in eight out of our 11 El Genio markets among Hispanic adults 18 to 49 and Hispanic adults 25 to 54.
Earnings per share for the fourth-quarter 2020 were $0.24 compared to $0.09 per share in the same quarter of last year.