Entravision Communications Corporation to Acquire WNUE-FM Serving the Orlando, Florida Market

Entravision Communications Corporation to Acquire WNUE-FM Serving the Orlando, Florida Market

Strategic Acquisition Will Strengthen Company's Presence in One of the Nation's Fastest Growing Hispanic Markets

SANTA MONICA, Calif., Nov. 30 /PRNewswire-FirstCall/ -- Entravision Communications Corporation (NYSE:EVC) , a leading diversified Spanish-language media company, today announced that it has entered into a definitive agreement to acquire Spanish-language radio station WNUE-FM serving the Orlando, Florida market from Mega Communications for an aggregate purchase price of approximately $24 million. Entravision will begin operating the station on December 1, 2007 pursuant to a local marketing agreement between Entravision and Mega Communications.

Entravision currently owns and operates television station WVEN-TV Channel 26, a Univision affiliate and operates television station WOTF-TV Channel 43, a Telefutura affiliate, serving the Orlando, Florida market. With the addition of radio station WNUE-FM, Orlando will become Entravision's 11th market in which it owns both radio and television assets.

"We are very excited about further strengthening our Orlando cluster and increasing our leadership position in this fast growing market," said Walter F. Ulloa, Entravision's Chairman and Chief Executive Officer. "Given our existing media operations in Orlando, we are confident that we can operate WNUE-FM more cost efficiently, while maximizing cross-promotion opportunities for advertisers."

About Mega Communications

Mega Communications is a privately-held broadcasting company which owns and operates two successful radio properties serving the Hispanic community in Tampa, Florida, WLCC-AM and WMGG-AM.

About Entravision

Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television, radio and outdoor operations to reach Hispanic consumers across the United States, as well as the border markets of Mexico. Entravision is the largest affiliate group of both the top-ranked Univision television network and Univision's TeleFutura network, with television stations in 20 of the nation's top 50 Hispanic markets. The company also operates one of the nation's largest groups of primarily Spanish-language radio stations, consisting of 47 owned and operated radio stations. The company's outdoor operations consist of approximately 10,400 advertising faces concentrated primarily in Los Angeles and New York. Entravision shares of Class A Common Stock are traded on The New York Stock Exchange under the symbol: EVC.

First Call Analyst:
FCMN Contact:

Source: Entravision Communications Corporation

CONTACT: Dan Harris, or AJ Goodman of Brainerd Communicators, Inc.,
+1-212-986-6667, for Entravision Communications Corporation

Web site: http://www.entravision.com/

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Profile: International Entertainment