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.
December 9, 2004 |
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.
May 1, 2003 |
Univision Communications said Wednesday that it is buying two TV stations -- one near Sacramento, the nation's 15th-largest Latino market, and another in Raleigh, N.C. -- increasing the Los Angeles-based Spanish-language conglomerate's portfolio to 53 stations. Terms of the deals were not disclosed. Univision said it has agreed to buy KFTL Channel 64 in Stockton from Family Stations Inc.
June 19, 1992 |
The National Hispanic Media Coalition filed a petition with the Federal Communications Commission on Thursday asking that it deny the sale of the Univision Spanish-language television network and its nine stations to a group that includes Latin American investors. The coalition, which is made up of 25 Latino organizations, objected to the proposed $550-million sale on the grounds that it would lead to a decline in the amount of U.S.-produced programming on Univision, a loss of jobs for U.S.