The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 8, 2022. Its latest SEC filing is a 15-12G from Sep 21, 2022.
10-Q for Q2 FY2022, filed Aug 8, 2022
The sections below describe the company as of the FY2021 annual report.
Distributes Spanish-language streaming and television programming, produces local news and entertainment, and licenses content to Hispanic and Latin American viewers and media platforms.
10-K for FY2021, filed Mar 16, 2022We are a leading U.S. Spanish-language media company serving the fast growing and highly attractive U.S. Hispanic and Latin American…View ↗
Pantaya: the first ever premium subscription streaming service of Spanish-language media offering the largest selection of current and…View ↗
Cinelatino: the leading Spanish-language cable movie network with approximately 3.4 million subscribers in the U.S. and 13.7 million…View ↗
WAPA: the leading broadcast television network and television content producer in Puerto Rico. WAPA has been the #1-rated broadcast…View ↗
Snap Media: a distributor of content to broadcast and cable television networks and OTT, subscription video-on-demand (“SVOD”) and…View ↗
Cable, satellite and telecommunications distributors pay per subscriber under multi-year agreements, while streaming subscribers are billed at the start of monthly or annual memberships. Advertisers pay for commercial spots when they air, and content licensees pay when licensed content is delivered.
10-K for FY2021, filed Mar 16, 2022Subscriber revenue: We enter into arrangements with multi-channel video Distributors, such as cable, satellite and telecommunications…View ↗
Advertising revenue: Advertising revenue is generated from the sale of commercial time, which is typically sold pursuant to sale orders…View ↗
Other revenue: Other revenues are derived primarily through the licensing of content to third parties. We enter into agreements to license…View ↗
10-K for FY2021, filed Mar 16, 2022
FY2021 revenue by product or service ↗$195.7M
10-K for FY2021, filed Mar 16, 2022
$195.7M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Subscriber revenue
Recurring
10-K for FY2021, filed Mar 16, 2022 |
60% |
Subscriber revenue, FY2021
$117M Sources
|
Recurring |
|
Advertising revenue
Sold outright
10-K for FY2021, filed Mar 16, 2022 |
37%
FY2018: 41%
|
Advertising revenue, FY2021
$72.5M Sources
|
Sold outright |
|
Other revenue
Licensed
|
3.1%
FY2018: 6.5%
|
Other revenue, FY2021
$6.1M Sources
|
Licensed |
Cable, satellite and telecommunications distributors carry the television networks, while viewers subscribe to Pantaya directly or through distribution partners. Advertisers buy commercial time, and media platforms license content.
10-K for FY2021, filed Mar 16, 2022All of our Networks receive fees paid by MVPDs. These revenues are generally based on a per subscriber fee pursuant to multi-year…View ↗
We also generate subscriber revenue from subscriptions to Pantaya, our streaming platform. Pantaya is available directly to consumers…View ↗
Our two primary sources of revenues are advertising revenue and subscriber revenue. All of our Networks derive revenues from advertising.…View ↗
Other revenue: Other revenues are derived primarily through the licensing of content to third parties. We enter into agreements to license…View ↗
Yes. It kept 6 cents of every revenue dollar as net income in FY2021.
10-K for FY2021, filed Mar 16, 2022
10-Q for Q2 FY2022, filed Aug 8, 2022
−$3.9MView ↗
10-Q for Q2 FY2022, filed Aug 8, 2022
Open tableView ↗
8-K, filed Sep 13, 2022
Closing of the MergersView ↗
Grew. Revenue grew 57% in 4 years, from $124.5M in FY2017 to $195.7M in FY2021, about 12% a year.
Pantaya becomes wholly owned
The older report described Hemisphere as holding a partial ownership stake in Pantaya, while the latest report says the company acquired the rest and Pantaya became a wholly owned subsidiary.
10-K for FY2018, filed Mar 12, 2019 10-K for FY2021, filed Mar 16, 2022Pantaya: a cross-platform Spanish-language video subscription service that allows audiences to access many of the best and most current…View ↗
Pantaya: the first ever premium subscription streaming service of Spanish-language media offering the largest selection of current and…View ↗
New digital distribution
The latest report adds a premium Spanish-language streaming platform and describes distribution through a web application and partners; the older report characterized Pantaya as a cross-platform video subscription service.
10-K for FY2018, filed Mar 12, 2019 10-K for FY2021, filed Mar 16, 2022Pantaya: a cross-platform Spanish-language video subscription service that allows audiences to access many of the best and most current…View ↗
Competes with Netflix, Discovery, Viacom, Disney, Amazon, AT&T, TelevisaUnivision, Telemundo, ESPN, TNT, TBS, Google, and Facebook
10-K for FY2021, filed Mar 16, 2022Pantaya has numerous competitors who offer subscription streaming services, including Netflix, Discovery, Viacom, Disney, Amazon and AT&T.…View ↗
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