The media company reported net income of $20.3 million from $8.9 million in the same period in 2001. Net revenue spiked 22% increase to $269.8 million, from $221.7 million for the same period a year earlier.
Ray Rodriguez, Unilever's
Mr. Rodriguez said that in the top three U.S. TV markets -- New York, Los Angeles and Chicago -- more adult viewers ages 18 to 49 watched local news in Spanish than watched any of the English-language channels during the July sweeps.
He said he was confident Univision's acquisition of radio giant Hispanic Broadcasting Corp. will win government approval. The deal is expected to close by the end of this year or early in 2003.