Hemisphere Media Group Added to Russell 2000 Index
MIAMI -- July 2, 2013
Hemisphere Media Group, Inc. (NASDAQ: HMTV) (the “Company”) the only publicly
traded pure-play U.S. media company targeting the high growth Hispanic
TV/cable networks business, today announced that the Company has been added to
the Russell 2000, Russell 3000 and Russell Global Indexes as part of Russell
Investments' second-quarter IPO additions that took place after market close
on June 28, 2013.
The Russell 2000 Index measures the performance of the small-cap segment of
the U.S. equity market and is a subset of the Russell 3000, representing
approximately 10 percent of the total market capitalization of that index.
Membership in the Russell 2000 Index includes automatic inclusion in the
appropriate growth and style indexes.
Russell Investments determines membership for each index based on objective
market capitalization rankings and style attributes. More than $3.9 trillion
in assets are currently benchmarked to the Russell family of indexes.
About Hemisphere Media Group, Inc.
Hemisphere Media Group (NASDAQ: HMTV) is the only publicly-traded pure-play
U.S. Spanish-language TV/cable network business serving the high-growth U.S.
Hispanic population. Headquartered in Miami, Florida, Hemisphere owns and
operates Cinelatino, WAPA Television and WAPA America. Cinelatino is the
leading Spanish-language movie channel with more than 12 million subscribers
in the U.S., Latin America and Canada, featuring the largest selection of
contemporary Spanish-language blockbusters and critically-acclaimed titles
from Mexico, Latin America, Spain and the Caribbean. WAPA Television is Puerto
Rico’s leading broadcast station with the highest primetime and full day
ratings in Puerto Rico. Founded in 1954, WAPA Television produces more than 60
hours per week of top-rated news and entertainment programming. WAPA America
is the leading cable network targeting Puerto Ricans and other Caribbean
Hispanics living in the U.S., featuring the highly-rated news and
entertainment programming produced by WAPA-TV. WAPA America has more than five
million U.S. subscribers.
For Hemisphere Media Group, Inc.
Patrick Scanlan, 212-687-8080
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