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Univision Communications

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.
January 7, 2013 | By Meg James, Los Angeles Times
With the Spanish-language television space heating up, industry leader Univision Communications Inc. is making an aggressive move to solidify its dominance. On Monday, the media company plans to rename its secondary broadcast network UniMas, which translates loosely as Univision Plus, underlining its ties to its hugely popular sister network Univision. The company also is locking up rights to programs from key Latin American producers to buffet gains from the flood of competitors charging the field.
November 26, 2012 | By Meg James
Univision Communications' top lawyer, C. Douglas Kranwinkle, is retiring after 12 years with the Spanish-language media giant, leaving the company without a corporate presence in its marquee market of Los Angeles. On Monday, the company said Kranwinkle will be succeeded by Jonathan Schwartz, who most recently served as general counsel of JPMorgan's Investment Bank. Schwartz will be based in New York. The move continues the consolidation of the media company's corporate functions on the East Coast.  The company's headquarters are in New York, and its TV network operations and studios are located in Miami.
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.
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.
August 16, 2012 | By Meg James
Univision Communications is making a high-level switch in its advertising sales team by bringing in Keith Turner, a former top NBC sales executive, to replace current chief David Lawenda. The Spanish-language media giant said Thursday that Turner would become president of advertising sales and marketing on Sept. 4.  Lawenda is leaving the company. The move reunites Randy Falco, Univision's chief executive, with one of his trusted lieutenants from his days at NBC.  Falco rose through the ranks of General Electric Co.'s NBC network during his 30-year career there.  In 2006, Falco -- then president of NBCUniversal Television Network Group -- left the broadcasting company to make room for its then-rising star, Jeff Zucker.
March 23, 2011 | By Meg James, Los Angeles Times
Univision Communications Inc. announced several promotions Tuesday, including a new general manager for its flagship television stations in Los Angeles. Alberto Mier y Terán, 43, was named vice president and general manager for Univision's two highly ranked L.A. stations: KMEX-TV Channel 34, which carries Univision programming, and KFTR-TV Channel 46, which is its TeleFutura-branded station. A 10-year Univision veteran, Mier y Terán most recently worked as general manager of the company's two stations in Chicago.
March 17, 2008 | Meg James, Times Staff Writer
NBC Universal's Spanish-language Telemundo television network and Mexican broadcasting powerhouse Grupo Televisa are expected to announce a programming sharing agreement today that could lead to a closer alliance between the two. Televisa would be allowed to run Telemundo programs on one of its broadcast networks in Mexico as well as a separate cable channel, according to people familiar with the deal. That would give NBC Universal an important distribution outlet for its programs and a potentially lucrative source of new revenue.
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.
January 24, 2013 | By Meg James
Prominent investors are merging their businesses - including a Spanish-language cable movie channel and a Puerto Rican television network  - to form a new public company to be known as Hemisphere Media Group. Investment groups InterMedia Partners VII and Los Angeles-based Azteca Acquisition Corp. said they have agreed to combine their Spanish-language properties and financial resources in a transaction valued at $400 million. Gabriel Brener, a wealthy Los Angeles investor, is contributing the $100 million that Azteca Acquisition, his special-purpose acquisition company, raised in its initial public offering in 2011.
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