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HEMISPHERE MEDIA GROUP NEWS RELEASE Hemisphere Media Group Announces Third Quarter 2021 Financial Results 11/5/2021 Pantaya Subscriber Base Now at One million MIAMI , Nov. 5 , 2021 / PRNewswire / -- Hemisphere Media Group , Inc. ( NASDAQ : HMTV ) ( " Hemisphere " or the " Company " ) , the only publicly traded pure - play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital content platforms , today announced financial results for the third quarter ended September 30 , 2021 . President and Chief Executive Officer of Hemisphere , Alan Sokol , said " I am very pleased with our third quarter performance , as we continue our momentum from the first half of the year . Pantaya continues to grow its subscriber base , WAPA had another tremendous quarter , and our cable networks maintained their leadership positions . Subscriber fees increased and we saw strong advertising revenue performance , with 24 % growth over the third quarter of 2019 . " Pantaya reached one million subscribers during the quarter and we are excited about our growth prospects . We have significantly ramped up our series production and have an unprecedented lineup of series and movies scheduled for 2022. In addition , with Pantaya's recent launch on YouTube TV , along with the potential to launch on several other major distribution platforms , we are confident about reaching our long - term goal of 2.5 to 3 million subscribers by the end of 2025 . " WAPA had another outstanding quarter , fueled by our continued dominant ratings performance and program innovation . I'm very proud that WAPA has been nominated for an International Emmy Award , the first Puerto Rican TV station ever to be nominated , along with a record - setting 14 regional Emmy Award nominations . Puerto Rico's advertising market also continued its growth , supported by positive economic fundamentals and business activity . 1