Univision is going public, and with it comes a first look at Fusion’s losses Posted by Social Media | Jul 3, 2015 | Communities | 0 | Fusion lost $35 million in 2014, a hefty chunk for a media outlet that continues to struggle to find an audience. It was initially conceived as an outlet that could appeal to young Hispanic people, but quickly pivoted to the broader youth demographic — particularly millennials. The company’s TV side has been struggling to find viewers, with Nielsen ratings unable to estimate how many people are watching. Still, there is some silver lining. Fusion’s loss last year came with revenue of more than $28 million, almost 10 times the amount of revenue it generated in 2013. If the company can continue to grow its revenue while keep its costs relatively in check, it could eventually turn a profit.
