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BUSINESS
July 20, 2006 | Meg James, Times Staff Writer
Grupo Televisa, the world's largest producer of Spanish-language programming, filed a lawsuit Wednesday against Univision Communications Inc. seeking a declaration of its right to distribute its popular TV shows in the U.S. over the Internet. Univision and Televisa have long been at odds over whether a 1992 programming agreement, which gives Univision the U.S. television broadcasting rights to Televisa's programming, covers Internet downloads.
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ENTERTAINMENT
October 9, 2013 | By Meg James
Spanish-language media giant Univision Communications and Time Warner Cable have signed a new, multiyear distribution deal that includes carriage of several of Univision's new networks including the highly anticipated El Rey Network. The companies unveiled the agreement Wednesday afternoon. Financial terms were not disclosed, but the pact came well in advance of the expiration of the companies' current arrangement and was not contentious.  The arrangement provides continued distribution for the main Univision broadcast network, its secondary network UniMás and cable entertainment channel Galavisión, plus a slate of new networks: Univision Deportes, telenovela network Univision tlNovelas, and FOROtv, a feed of the Mexico City-based news network owned by Grupo Televisa, which holds a minority stake in Univision.
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BUSINESS
July 20, 2005 | From Associated Press
London-based music company EMI Group and Mexico's Grupo Televisa said they would form a record company in Mexico and a U.S. partnership that would give Televisa greater access to the U.S. market. The new record company, called Televisa EMI Music, will be formed Sept. 1 and develop and market music from Televisa's popular soap operas, including "Rebelde" and "Complices al Rescate." Both shows feature young stars who have launched successful singing careers.
BUSINESS
October 5, 2011 | By Dawn C. Chmielewski, Los Angeles Times
The nation's leading Spanish-language broadcaster will aggressively expand the breadth of its online entertainment offerings, making its popular telenovelas , variety shows and reality series available through Internet television distributor Hulu. The deal represents a milestone for Univision Communications Inc., the fifth-largest television network in the U.S., whose popular programming dominates the Latino market. For Hulu, owned by media giants News Corp., Walt Disney Co. and Comcast Corp., the partnership enables the online video service to reach a population of 50.5 million Latinos — a group coveted by advertisers.
BUSINESS
July 25, 2002 | Bloomberg News
Grupo Televisa, Mexico's largest broadcaster, said second-quarter profit soared nearly fivefold from a year earlier on higher advertising sales from airing World Cup soccer tournament games in June. The company reported net income of 1.19 billion pesos, up from 248 million pesos the year before. Some analysts had predicted profit would fall to 141 million pesos. Advertising sales in the April-June period soared 10% to 5.19 billion pesos from 4.71 billion pesos a year earlier.
BUSINESS
April 11, 2002 | From Reuters
Grupo Televisa, the world's No. 1 Spanish language media company, said Wednesday that it will expand a venture with Clear Channel Entertainment to tap the U.S. Latino market through the purchase of a stake in a producer of Latino events in the U.S. and the Caribbean. Under the deal, whose terms were not disclosed, Mexico City-based Televisa will buy the 50% of Cardenas-Fernandez & Associates Inc. that it doesn't already own.
BUSINESS
July 28, 2004 | From Bloomberg News
Grupo Televisa, the world's largest Spanish-language broadcaster, said Tuesday that it was seeking to acquire DirecTV Group Inc.'s subscribers in Mexico to become the country's only provider for satellite television service. "We would like to buy DirecTV's subscribers in Mexico but not the whole company," said Alfonso de Angoitia, Televisa's executive vice president, during a second-quarter conference call. "Hopefully, that will be during 2004, but I cannot comment on specific negotiations."
BUSINESS
February 16, 2010 | Bloomberg News
Grupo Televisa is getting into the wireless market. The world's largest Spanish-language broadcaster on Monday agreed to buy a 30% stake in the Mexican unit of mobile carrier NII Holdings Inc. for $1.44 billion in cash. Televisa said it would have the option to acquire an additional stake of 7.5%. The companies will be able to collaborate on telecommunications and entertainment services. Televisa is seeking a mobile-phone and wireless Internet service to add to the video, Web and home-phone plans it offers through three Mexican cable TV carriers.
BUSINESS
July 31, 2003 | From Bloomberg News
Microsoft Corp. Chairman Bill Gates bought a 7% stake in Mexico's Grupo Televisa, the world's largest Spanish-language broadcaster, through his investment fund and charity. Gates owns 6.35 million of Televisa's U.S.-traded shares through Cascade Investment and the Bill & Melinda Gates Foundation, according to a Televisa filing with the Securities and Exchange Commission.
BUSINESS
February 25, 2006 | From Times Staff and Wire Reports
Mexico City-based Grupo Televisa, the world's largest Spanish-language broadcaster, said it was deciding whether to make a bid for Univision Communications Inc. "I guess we are in the early stages of analyzing the different scenarios to determine whether it makes sense or not for us," Televisa Executive Vice President Alfonso de Angoitia said in a conference call with analysts.
BUSINESS
September 22, 2011 | By Meg James, Los Angeles Times
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.
BUSINESS
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
BUSINESS
April 13, 2011 | By Meg James, Los Angeles Times
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.
BUSINESS
January 19, 2011 | By Meg James, Los Angeles Times
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 ?
BUSINESS
December 29, 2010 | By Meg James, Los Angeles Times
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.
BUSINESS
October 6, 2010 | By Meg James, Los Angeles Times
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 ?
BUSINESS
November 20, 1995 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Rupert Murdoch's News Corp., which already reaches more people in the world than any other media company, is expected to announce today plans for delivering television services across Latin America. According to media analysts, Murdoch will announce that he has formed a joint venture with the Globo network, Brazil's largest producer of programming, and Mexico's Grupo Televisa, the world's leading creator of Spanish-language programming.
BUSINESS
October 5, 2010
Mexico's Grupo Televisa SAB said Tuesday it will invest $1.2 billion in New York-based Univision Communications in exchange for a minority stake, expanding cooperation between the Spanish-language media heavyweights. The deal brings an end to long-standing legal disputes between the companies, recently over privately held Univision's rights to distribute Televisa's programs online and to phones. It also helps Televisa strengthen its foothold in the U.S., an important market as the company works to widen its reach beyond Mexico.
BUSINESS
May 21, 2010 | By Meg James, Los Angeles Times
Spanish-language media giant Univision Communications is banking on its spicy soap operas, results of the 2010 census, a resurgent advertising market and plenty of soccer to propel it to profitability. The New York-based company, which went private in 2007 in a leveraged buyout that left it burdened with nearly $10 billion in debt, has struggled during the last two years amid a dramatic pull-back in advertising spending and a costly legal feud with its programming partner from Mexico, Grupo Televisa.
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