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Univision Communications

ENTERTAINMENT
August 20, 2012 | By Joe Flint
Univision Communications Inc. has tapped the head of the CBS News Investigative Unit to oversee the Spanish broadcaster's partnership with ABC News. Keith Summa, who had been with CBS News for five years, will serve as vice president of news partnerships for Univision. In that role, he will serve as Univision's point person with ABC News on the news network the two companies are planning on launching next year. Univision said Summa will "expand the culture of investigative and enterprise reporting in both organizations.
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BUSINESS
February 28, 2009 | Meg James
Univision Communications Inc., the nation's largest Spanish-language broadcaster, on Friday became the latest media company to cut its ranks because of the weakening economy and a sharp downturn in advertising spending. A spokeswoman said the company, which owns the top-rated Los Angeles station, KMEX-TV Channel 34, had laid off 300 people, or 6% of its workers. It was unclear how many jobs would be lost locally.
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 19, 2011 | By Meg James, Los Angeles Times
Spanish-language media giant Univision Communications Inc. plans to launch three new cable television channels next year in a bid to tighten its grip on the growing Latino market and diversify its revenues. Univision is expected to announce Thursday that one of the channels will offer soccer and other sports, one will be devoted to news and information, and a third will showcase the spicy Spanish-language soap operas, or telenovelas , that fuel Univision Network's prime-time ratings.
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 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.
ENTERTAINMENT
August 7, 2013 | By Meg James
Telemundo's original productions are starting to pay dividends for NBCUniversal. Monday night's series finale of the Spanish-language telenovela , "El Señor de los Cielos," (translated as "The Lord of the Skies") attracted 3.6 million viewers, making it the second-highest-rated ending for a telenovela in Telemundo's history. Shot primarily in Mexico City, the novela was based on the true story of Aurelio Casillas, a powerful Mexican drug lord of the 1990s. ON LOCATION: Where the cameras roll The prime-time series, one of the most expensive ever for Telemundo, was a co-production of Telemundo Studios and the Colombian venture Caracol TV. The show featured actors Rafael Amaya, Ximena Herrera, Fernanda Castillo and Gabriel Porras.
BUSINESS
February 9, 2006 | Meg James, Times Staff Writer
After spending 13 years building a sleepy chain of television stations into a Spanish-language juggernaut, Los Angeles billionaire A. Jerrold Perenchio is looking for a way to say adios. Univision Communications Inc.'s board, led by Chief Executive Perenchio, said Wednesday that it voted to consider putting the company on the block.
BUSINESS
November 8, 2002 | Meg James, Times Staff Writer
Univision Communications Inc. said Thursday that its third-quarter profit more than doubled because of stronger ad sales for its Spanish-language television networks, but the company also noted slower-than-expected growth in its music division and its newest TV network. Los Angeles-based Univision posted net income of $20.3 million, or 8 cents a share, for the quarter ended Sept. 30, up from $6.9 million, or 3 cents, a year earlier.
BUSINESS
February 7, 2012 | Los Angeles Times
Walt Disney Co. and Univision Communications Inc., the nation's leading Spanish-language broadcaster, are in talks about launching an English-language cable news channel, according to a person familiar with the matter. A new 24-hour channel would represent a move by both companies to enter new territory. Disney's ABC News could compete for viewers with established round-the-clock cable news operations, such as News Corp.'s Fox News, Time Warner Inc.'s CNN and Comcast Corp.'s MSNBC.
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