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Univision Communications

NEWS
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.
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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
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
December 10, 2012 | By Meg James, Los Angeles Times
Telemundo has long been like a remote Caribbean island, cut off from its sprawling media homeland. NBCUniversal acquired the Spanish-language television network a decade ago for $2 billion but became discouraged by its seemingly limited prospects. But Comcast Corp.'s takeover of NBCUniversal last year may be building Telemundo a bridge to the mainland. "Telemundo now has the full support of Comcast and NBCUniversal," said Emilio Romano, a former Mexican airline chief executive who was hired a year ago to run Telemundo.
BUSINESS
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.
BUSINESS
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.
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.
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.
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