Hispanic media doubly confusing for investors - Entravision gains, but Spanish B’casting farther down Street

“With Univision Communications now a privately-held company after a private-equity buyout, radio and TV station groups Entravision Communications Corp. and Spanish Broadcasting System Inc. have been the focus this year for U.S. investors looking for a Spanish-language media play.

But while Hispanics remain the fastest-growing demographic group in the country, the two stocks have gone divergent ways, with Entravision up more than 22% year-to-date and Spanish Broadcasting down more than 38% and near its 52-week low.

Looking ahead, Wall Street observers have predicted more upside for Entravision despite slowing financial momentum. And though some suggest Spanish Broadcasting must have declined far enough, analysts continue to recommend that investors sell or hold its shares.”

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