September 22, 2011 |
NBCUniversal's surprise pick to run its Spanish-language television operation Telemundo must pull off a particularly difficult task: clawing deep into a market dominated by entrenched powerhouse Univision Communications. "This is going to be a lot of work but a lot of fun," Emilio Romano said in an interview Wednesday, after the media veteran and former top airline executive was named president of Telemundo. Romano starts his new job in October. He replaces former President Don Browne, a longtime NBC executive who retired in June.
May 17, 2011
Carlos Slim Helu Age: 71 Net worth: $74 billion Key businesses: Telmex (land lines), America Movil (wireless), Grupo Carso (Sanborns restaurants, Sears Mexico) Ricardo Salinas Pliego Age: 55 Net worth: $8.2 billion Key businesses: TV Azteca, Elektra (retail electronics), Iusacell (wireless) Emilio Azcarraga Jean Age: 43 Net worth: $2.3 billion Key business: Grupo Televisa Sources: Forbes, Times research
April 13, 2011 |
The president of NBCUniversal's Telemundo network is stepping down, clearing the way for the company to make sweeping changes to its Spanish-language media operation. NBCUniversal said Tuesday that Don Browne, Telemundo's leader for six years, will retire from the company June 3 — the eighth anniversary of his arrival at Telemundo. The company plans to name a new Telemundo president within a few months. Browne, who turns 68 next month, becomes the latest high-level veteran to leave in the wake of Comcast Corp.'s takeover of NBCUniversal.
January 19, 2011 |
Univision Communications Inc. bolstered its executive ranks on Tuesday by hiring Randy Falco, a longtime television executive known for his operational skills. Falco, former chief executive of AOL and former president of the NBC Universal Television Group, has been named to the newly created position of executive vice president and chief operating officer of Univision, the nation's largest Spanish-language media company. He will oversee all business functions ? advertising, marketing, research and corporate development ?
December 29, 2010 |
Univision Communications is becoming a potent rival to English-language networks, which have long dominated prime-time viewership. The Spanish-language television broadcaster said Tuesday that its program "Soy Tu Duena" was its most watched telenovela ever, finishing its six-month run with a final episode that drew more than 7.3 million viewers Monday night. Since its launch in June, "Soy Tu Duena," which Univision translates as "Woman of Steel," has pulled in an average of 5.4 million viewers per episode, often generating bigger audiences than programs aired by such formidable English-language TV networks as Fox and NBC. The Univision telenovela , or soap opera, revolves around the travails of a scorned woman, once left at the altar, who vows never to love again until she falls for a man she accidentally shot.
October 6, 2010 |
After years of acrimony, the hemisphere's two largest Spanish-language media companies have decided they need each other after all. Tuesday, Grupo Televisa of Mexico City said that it had provided Univision $1.2 billion in exchange for a 5% stake and notes that eventually could convert into an ownership interest of as much as 40% in the New York-based Latino media giant. Televisa also agreed to provide its highly popular telenovelas to Univision exclusively at least through 2020 ?