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Entravision Communications, Inc. EVC Media — Gain Loss On Termination Of Lease
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Where this comes from
Reported directly by Entravision Communications, Inc. in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnTerminationOfLease.
The source filing: Entravision Communications, Inc.’s 10-K, filed March 5, 2026.
- Filed
- Mar 5, 2026, 4:16 PM EST
- Fiscal year
- FY2025
- Accession
- 0001193125-26-093993
- a reduction of 39 employees, representing approximately 5% of the Company's media segment workforce, primarily in back-office roles, across various departments including news, engineering, traffic and accounting. These actions resulted in severance charges of approximately $0.7 million for the year ended December 31, 2025;
- the abandonment of five leased facilities, with impacted employees transitioning to remote work. The associated ROU assets, with a total carrying value of approximately $2.4 million were expensed for the year ended December 31, 2025. In addition, the Company recorded a gain on settlement of the lease liability of $0.4 million for the year ended December 31, 2025; and
- the shutdown of certain legacy international operations within the advertising technology & services segment, resulting in contract termination costs of approximately $0.1 million for the year ended December 31, 2025.
ITEM 16. FORM 10-K SUMMARY
FAQ
- What is Entravision Communications, Inc.'s media — gain loss on termination of lease?
- Entravision Communications, Inc. (EVC) reported media — gain loss on termination of lease of $100K in Q4 2025.
- What does media — gain loss on termination of lease mean?
- Reflects the net financial impact resulting from the early cancellation or modification of lease agreements. It captures the difference between the lease liability and the consideration paid to terminate the contract. This provides insight into the company's ability to exit unfavorable commitments and optimize its cost structure.
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