This year's Puerto Rican Day Parade loses another sponsor as Univision announces it will drop out, the station announced Thursday night.
In a statement, the station said its news team will redirect funds to the organizer's scholarship fund to benefit Puerto Rican students, and will continue to cover the story.
The Daily News also announced earlier that it will pull its support because of plans to honor Puerto Rican nationalist Oscar Lopez Rivera, whose prison sentence was commuted earlier this year.
He spent nearly four decades behind bars over his ties to an extremist group that was responsible for more than a hundred bombings across the country, including here in the city.
Rivera himself was never directly charged with any bombing.
In an editorial in Thursday's edition, the News says Lopez Rivera never showed any remorse for the attacks.
It goes on to say "by lionizing López Rivera as the parade’s preeminent figure, organizers have inescapably compelled sponsors and participants to join in honoring a man convicted of abetting violent terror to achieve his aims."
Other parade sponsors that have pulled out include the Yankees, JetBlue, AT&T, Coca Cola, and Goya Foods.
Mayor Bill de Blasio and City Council Speaker Melissa Mark-Viverito still plan to take part.