Hemisphere Media Group, Inc.
Unaudited Computation of Ratio of Earnings to Fixed Charges
(In Thousands)

	Years Ended December 31,

	2015		2014		2013		2012		2011
Income from continuing operations before income taxes and noncontrolling interests(a)	$	22,781	$	14,102	$	482	$	17,315	$	11,588
Loss attributable to noncontrolling interests before income taxes	$	—	$	—	$	—	$	—	$	—
Deduct equity in earnings of equity investees	$	—	$	—	$	—	$	—	$	—
Distribution of earnings from equity investees	$	—	$	—	$	—	$	5,500	$	24,000
Fixed charges:
Interest expense	$	12,086	$	11,925	$	7,240	$	3,551	$	3,814
Interest portion of rent expense	$	—	$	—	$	—	$	—	$	—
Earnings available for fixed charges(a)	$	34,867	$	26,027	$	7,722	$	20,866	$	15,402
Ratio of earnings to fixed charges		2.88		2.18		1.07		5.88		4.04
Amount by which earnings were insufficient to cover fixed charges	$	—	$	—	$	—	$	—	$	—