April 18, 2001 |
Univision, the nation's largest Spanish-language television network, will announce today the formation of its own record label and its multimillion-dollar purchase of a 50% stake in one of Mexico's hottest labels. The move immediately should make Univision chief Jerry Perenchio a player in the nation's $600-million Latin music market. Perenchio will try to boost sales by providing Univision network air time to advertise albums from the two labels, sources said.
May 15, 2007 |
Considering that Latinos make up the largest ethnic group in the United States and Latino buying power is on an upward march, you'd figure Spanish-language networks would be fighting advertisers off. They aren't. This week in New York, where the bulk of the commercial time for the upcoming television season will be sold at what's called the upfront market, Univision and Telemundo will need to make hard sells.
September 6, 1990 |
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.
August 14, 1992 |
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.
May 19, 2001 |
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.
November 18, 2008 |
A television news director who was fired by Univision Communications Inc. last year for allegedly slanting the news fired back Monday, contending in a lawsuit that company executives shaped stories to woo advertisers. Jorge Mettey served for five years as the influential news director of Univision's flagship KMEX-TV Channel 34, which is Los Angeles' top-rated station. He was ousted in April 2007 after the company determined that he breached ethics policies in directing news coverage.
December 8, 2000 |
Univision Communications Inc., parent of the country's top Spanish-language television network, said Thursday it will buy USA Networks Inc.'s broadcast group for $1.1 billion. The deal gives Univision second stations in a number of rapidly growing Latino markets and entrenches its already solid lead over newly aggressive competitors.
July 31, 2001 |
Univision, the nation's largest Spanish-language media company, is expected to announce today that its soon-to-be-launched network will be called "Telefutura." "The name Telefutura, which was suggested in part by two of our employees, is the most appropriate name for the new network because it represents the future of Spanish-language television," A. Jerrold Perenchio, Univision's chairman and chief executive, said in a release.
May 2, 2001 |
Univision Communications Inc., the largest U.S. Spanish-language television network, posted sharply lower first-quarter earnings and said full-year results would be hurt by the launch of its music business and a second Spanish language network in 2002. The Los Angeles-based firm, known for its entertainment programs and soap operas, said its earnings fell 71% to $5.9 million from $20.7 million in the 2000 first quarter, after charges for cost-cutting and losses at its Internet business.