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BUSINESS
March 28, 2007 | Jim Puzzanghera and Meg James, Times Staff Writers
Federal approval Tuesday of the $12.3-billion sale of Univision Communications Inc. to a group of private investors was just the first hurdle for the new owners of the country's largest Spanish-language media company.
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BUSINESS
August 9, 2008 | From Bloomberg News
Univision Communications Inc., the Spanish-language broadcaster taken private last year, posted a wider second-quarter loss Friday, weighed down by an advertising slump. The net loss expanded to $100.7 million from $19.6 million a year earlier, the New York-based radio and television company said. Sales declined 4.3% to $533.1 million. Excluding major soccer tournaments and political ads, revenue increased 0.4%. Sales fell amid "challenging economic conditions," Chief Executive Joe Uva said.
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ENTERTAINMENT
August 25, 1991 | IVAN SCOTT, Ivan Scott is a free - lance writer and broadcast journalist based in Washington
It's 2 p.m. on a Tuesday afternoon. Inside Studio A at Univision's modern production complex, the audience of 400 has just been ushered in. Most are in their 30s or 40s, but there are a few older people and some in their teens and early 20s. All are well-dressed--the men in jackets and ties, the women in suits or dresses. Many have been waiting outside in the sun since early in the morning. They are anxious, expectant. "Having fun? Isn't it great to be here?
NATIONAL
September 10, 2007 | Miguel Bustillo, Times Staff Writer
Democrats condemned divisive immigration rhetoric and touted issues important to many Latinos during a televised debate Sunday on a leading Spanish-language network in which their remarks were translated live from English. The debate, billed as a historic first, provided the candidates an opportunity to address America's estimated 17 million Latinos of voting age in what is the native language of many of them.
ENTERTAINMENT
January 1, 1991 | DENNIS McDOUGAL, TIMES STAFF WRITER
A New York-based flap over allegedly sexist remarks about Puerto Rican "welfare mothers" threatened Monday to spread into a nationwide advertising boycott of the Spanish-language Univision network and its regional TV stations, including KMEX Channel 34 in Los Angeles.
ENTERTAINMENT
April 14, 1998 | KEVIN BAXTER, TIMES STAFF WRITER
A visiting beauty queen is goaded into giving the weather report. Cosita, the show's canine mascot, relieves herself in the lap of an unsuspecting guest. And co-host Fernando Arau does a regular mime routine that is the best thing this side of Marcel Marceau. Welcome to "Despierta America," a largely improvisational weekday morning program on the Spanish-language Univision network.
BUSINESS
April 9, 1992 | JOHN LIPPMAN, TIMES STAFF WRITER
Hallmark Cards, which stirred controversy when it became the nation's largest Spanish-language broadcaster four years ago, said Wednesday that it had reached an agreement to sell its nine TV stations and Univision TV network to a group led by investor A. Jerrold Perenchio for $550 million. The sale would signal a dramatic upheaval in the Spanish-language TV market, as Univision likely would be merged with one of its top competitors, the Galavision network.
BUSINESS
June 22, 2006 | Meg James and Sallie Hofmeister, Times Staff Writers
The auction for Univision Communications Inc. appeared to be in jeopardy late Wednesday, when a team of investors that included Los Angeles billionaire Haim Saban withdrew an offer it had made earlier in the day, according to a member of the group. The consortium bid $35.50 a share, or nearly $11 billion, for the nation's largest Spanish-language media company but was told the price was too low, the person on the bidding team said. However, a source close to Univision Chief Executive A.
ENTERTAINMENT
September 6, 1990 | MARIA NEWMAN, TIMES STAFF WRITER
The most widely watched Spanish-language news program in America was batting three for three during a recent newscast. Univision had dispatched correspondents to cover the three major stories of the day: The Persian Gulf crisis, the University of Florida serial killings and the Illinois tornadoes. And in each case, the news crews had obtained video interviews with victims, soldiers and families of a dead soldier-- in Spanish.
ENTERTAINMENT
August 14, 1992 | CLAUDIA PUIG, TIMES STAFF WRITER
In a move that could signal the first in a series of programming defections, producer Luca Bentivoglio is parting company with the Spanish-language Univision TV network and will go to work for its chief competitor, the Telemundo network. Bentivoglio's move follows that of Joaquin Blaya, the former president of Univision who last month jumped ship to assume the presidency of Telemundo shortly after a group of investors led by A.
BUSINESS
March 28, 2007 | Jim Puzzanghera and Meg James, Times Staff Writers
Federal approval Tuesday of the $12.3-billion sale of Univision Communications Inc. to a group of private investors was just the first hurdle for the new owners of the country's largest Spanish-language media company.
ENTERTAINMENT
January 12, 2007
Tuned in: Spanish-language broadcaster Univision Radio's top-rated morning show in Los Angeles, "Piolin por La Manana" (Piolin in the Morning), led by Eddie "Piolin" Sotelo, has picked up eight more stations across the country, including KLNV-FM in San Diego. All-stars: Julia Roberts and George Clooney, Nicole Kidman and Russell Crowe, and Jamie Foxx and Sidney Poitier: Stars will interview stars in Oprah Winfrey's first primetime Academy Awards show, "The Oprah Winfrey Oscar Special," Feb.
BUSINESS
June 24, 2006 | Meg James, Times Staff Writer
Capping a chaotic week, Los Angeles billionaire A. Jerrold Perenchio on Friday had a new bid in hand for Univision Communications Inc., even as another, earlier offer expired. As expected, a group of investors led by Mexico's broadcasting behemoth Grupo Televisa submitted a bid of about $36 a share, or at least $11.2 billion, shortly before midnight Thursday.
BUSINESS
June 22, 2006 | Meg James and Sallie Hofmeister, Times Staff Writers
The auction for Univision Communications Inc. appeared to be in jeopardy late Wednesday, when a team of investors that included Los Angeles billionaire Haim Saban withdrew an offer it had made earlier in the day, according to a member of the group. The consortium bid $35.50 a share, or nearly $11 billion, for the nation's largest Spanish-language media company but was told the price was too low, the person on the bidding team said. However, a source close to Univision Chief Executive A.
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.
CALIFORNIA | LOCAL
October 29, 2005 | Dan Morain, Times Staff Writer
Gov. Arnold Schwarzenegger bought nearly $1 million in advertising time on Spanish-language Univision television in mid-October, at roughly the same time the network's chairman gave him a $1.5-million donation, campaign finance reports show. The governor's campaign has spent nothing at Univision's rival, Telemundo, this year, though both networks have similar audiences. Other campaigns in the 2005 special election are buying ad time on both.
BUSINESS
May 19, 2001 | Dana Calvo
Univision Communications Inc. has joined the belt-tightening of media companies nationwide by laying off or offering buyouts to 2.2% of its work force during the last few weeks. In all, 42 workers, including some of its TV newscasters, are leaving the Spanish-language media giant. The staff roster at the network's flagship station, KMEX-TV Channel 34 in Los Angeles, was trimmed by 16 employees. KMEX is the top-rated news station in the market in any language.
BUSINESS
October 19, 1999
* Univision Communications Inc.'s third-quarter profit more than quadrupled, beating estimates, as advertisers increased spending to reach viewers of the largest Spanish-language television network in the U.S. Net income rose to $22.4 million, or 19 cents a share, from $5 million, or 4 cents, a year earlier. The Los Angeles-based company was expected to earn 15 cents a share. Revenue rose 28% to $177.3 million from $138.9 million.
BUSINESS
May 5, 2005 | From Reuters
Spanish-language broadcaster Univision Communications Inc. said that first-quarter earnings jumped 41% as advertisers committed more of their budgets to reaching U.S. Latino consumers. Los Angeles-based Univision said quarterly profit outpaced analysts' estimates at $44.5 million, or 13 cents a share, up from $31.6 million, or 9 cents, a year earlier. Revenue grew 23% to $433 million from $352.9 million.
BUSINESS
December 9, 2004 | Meg James
McHenry T. Tichenor Jr. will resign as president of Univision Radio at the end of the month, Univision Communications Inc. said. The Century City-based media company said Tichenor was leaving to pursue other interests. Tichenor had been the chief operating officer of Hispanic Broadcasting Corp., a family-owned business, and its predecessors for more than 23 years. Univision last year acquired Hispanic Broadcasting and renamed it Univision Radio.
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