OverviewSuggest Edit

Hemisphere Media owns and operates Spanish-language cable and television broadcasting networks and a content platform in the US.  The Company operates Cinelatino, a cable movie network; and WAPA, a broadcast television network, as well as produces television content. Hemisphere Media also distributes WAPA2 Deportes, a sports television network in Puerto Rico; and operates WAPA.TV, a broadband news and entertainment website.

TypePublic
Founded2013
HQCoral Gables, US
Websitehemispheretv.com

Latest Updates

Employees (est.) (Dec 2018)305(+9%)
Revenue (FY, 2019)$149.4 M(+2%)
Share Price (Mar 2020)$8.5 (-2%)

Key People/Management at Hemisphere Media

Alan J. Sokol

Alan J. Sokol

Director, President and Chief Executive Officer
Craig D. Fischer

Craig D. Fischer

CFO
Peter M. Kern

Peter M. Kern

Chairman of the Board
John Engelman

John Engelman

Director
Andrew Frey

Andrew Frey

Director
Leo Hindery

Leo Hindery

Director
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Hemisphere Media Office Locations

Hemisphere Media has an office in Coral Gables
Coral Gables, US (HQ)
2000 Ponce de Leon Blvd #500
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Hemisphere Media Financials and Metrics

Hemisphere Media Revenue

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View revenue for all periods
Hemisphere Media's revenue was reported to be $149.39 m in FY, 2019
USD

Revenue (FY, 2019)

149.4m

Gross profit (FY, 2019)

106.2m

Gross profit margin (FY, 2019), %

71.1%

Net income (FY, 2019)

(3.5m)

EBIT (FY, 2019)

49.2m

Market capitalization (27-Mar-2020)

338.4m

Closing stock price (27-Mar-2020)

8.5

Cash (31-Dec-2019)

92.2m

EV

450.8m
Hemisphere Media's current market capitalization is $338.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

86.0m112.0m129.8m138.5m124.5m147.1m149.4m

Revenue growth, %

30%16%7%

Cost of goods sold

34.0m36.5m41.2m41.3m40.0m42.2m43.1m

Gross profit

52.1m75.5m88.6m97.2m84.5m104.9m106.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

176.6m142.0m179.5m163.1m124.3m94.5m92.2m

Accounts Receivable

15.6m22.7m25.5m20.0m30.8m29.3m

Prepaid Expenses

4.1m8.1m4.5m12.5m7.8m11.0m

Inventories

Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(4.3m)10.6m13.7m18.0m(13.4m)(10.8m)(3.5m)

Depreciation and Amortization

8.8m16.6m17.2m16.6m16.2m16.1m12.5m

Accounts Payable

563.0k610.0k287.0k1.1m(60.0k)(1.2m)(590.0k)

Cash From Operating Activities

7.0m23.3m42.2m27.4m25.7m36.8m35.6m
USDY, 2019

EV/EBIT

9.2 x

EV/CFO

12.7 x

Financial Leverage

2.1 x
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Hemisphere Media Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Subscribers (Centroamerica TV)

3.70 m3.70 m3.90 m4 m4 m4 m4 m4.10 m4.10 m4.10 m

Subscribers (Cinelatino)

15 m15 m15 m15 m16 m16 m17 m17.50 m20 m20.60 m

Subscribers (Pasiones)

13.10 m13.10 m14.30 m14.10 m14.60 m15 m15 m15.60 m17.80 m18.10 m

Subscribers (Television Dominicana)

2.60 m2.60 m2.80 m3 m3 m3 m3.10 m3.20 m3.20 m3.30 m
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Hemisphere Media Online and Social Media Presence

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Hemisphere Media News and Updates

Hemisphere Media Group to Host Third Quarter 2019 Financial Results Conference Call

MIAMI, Nov. 1, 2019 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading television and digital content platforms,...

Hemisphere Media Group Appoints Sonia Dulá to its Board of Directors

MIAMI, May 28, 2019 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital ...

Hemisphere Media Group Announces Fourth Quarter and Full Year 2018 Financial Results

MIAMI, March 5, 2019 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and...

Hemisphere Media Group Announces New $25 Million Share Repurchase Plan

MIAMI, Aug. 15, 2018 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), announced today that its Board of Directors has authorized the Company to repurchase its Class A common stock in the open market for an aggregate purchase price of up to $25...

Hemisphere Media Group Announces Second Quarter 2018 Financial Results

MIAMI, Aug. 3, 2018 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital ...

Hemisphere Media Group to Host Second Quarter 2018 Financial Results Conference Call

MIAMI, July 26, 2018 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ:HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading television and digital content platforms,...
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Hemisphere Media Blogs

Hemisphere Media Group Announces Fourth Quarter and Full Year 2019 Financial Results

Forecasting Low to Mid-Single Digit Percentage Increase in Adjusted EBITDA(1) for 2020 MIAMI , March 3, 2020 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high-growth U.S.

Hemisphere Media Group to Host Fourth Quarter and Full Year 2019 Financial Results Conference Call

MIAMI , Feb. 28, 2020 /PRNewswire/ -- Hemisphere Media Group , Inc. (NASDAQ:HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital content

Hemisphere Media Group Reaches Multi-Year Distribution Agreement with DISH Network to Restore WAPA Televisión in Puerto Rico and WAPA América in the U.S.

DISH Has Also Entered into Multi-Year Renewal for CentroAméricaTV MIAMI , Dec. 18, 2019 /PRNewswire/ -- Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S.

Hemisphere Media Group Announces Participation at the Wells Fargo TMT Summit

Hemisphere Media Group Announces Participation at the Wells Fargo TMT Summit Content Import Mon, 12/02/2019 - 16:06 Hemisphere Media Group Announces Participation at the Wells Fargo TMT Summit Dec 2, 2019 This release is a backfill from a News Wire …

Fastest Growing Colombian Broadcast Network Canal 1 Reaches Content and Commercial Partnership Deal with Discovery Colombia

Fastest Growing Colombian Broadcast Network Canal 1 Reaches Content and Commercial Partnership Deal with Discovery Colombia Content Import Thu, 10/03/2019 - 17:36 Fastest Growing Colombian Broadcast Network Canal 1 Reaches Content and Commercial Partnership Deal with Discovery Colombia …

Hemisphere Media Group Announces Second Quarter 2019 Financial Results

Continued Growth Across All Revenue Streams with 13% Year-Over-Year Increase in Net Revenue Improvement in Net Loss of 54%, Strong 18% Increase in Adjusted EBITDA¹ Canal 1's Concession License Extended for Ten Years through 2037 at No Additional Cost MIAMI , Aug.
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Hemisphere Media Frequently Asked Questions

  • When was Hemisphere Media founded?

    Hemisphere Media was founded in 2013.

  • Who are Hemisphere Media key executives?

    Hemisphere Media's key executives are Alan J. Sokol, Craig D. Fischer and Peter M. Kern.

  • How many employees does Hemisphere Media have?

    Hemisphere Media has 305 employees.

  • What is Hemisphere Media revenue?

    Latest Hemisphere Media annual revenue is $149.4 m.

  • What is Hemisphere Media revenue per employee?

    Latest Hemisphere Media revenue per employee is $489.8 k.

  • Who are Hemisphere Media competitors?

    Competitors of Hemisphere Media include The Perspective, World Wrestling Entertainment and Independent News Service.

  • Where is Hemisphere Media headquarters?

    Hemisphere Media headquarters is located at 2000 Ponce de Leon Blvd #500, Coral Gables.

  • Where are Hemisphere Media offices?

    Hemisphere Media has an office in Coral Gables.

  • How many offices does Hemisphere Media have?

    Hemisphere Media has 1 office.