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Univision Communications Inc. (UCI, stylized as unıvısıon) is an American media company headquartered in Miami. Since its founding in the early 1960s as Spanish International Network (SIN), the nation's first Spanish language television network, the company has catered to Hispanic and Latino Americans. Today it is a multimedia company with broadcast cable, digital and audio networks, including 65 television stations, online and mobile apps and products.

History

Univision Communications Inc. was founded in , as Spanish International Communications Corporation (parent of Spanish International Network) by Rene Anselmo, an American-Mexican TV executive of Cuban-Italian-American descent, Emilio Nicolas, Sr., owner of KUAL-TV (now KWEX-TV) in San Antonio, and Mexican radio-TV magnate Emilio Azcárraga Vidaurreta, head of ''Telesistemas Mexicanos'' (now Televisa). They consolidated the operations of some independent Latino stations into a network. In 1987, Nicholas sold his part of the company to Hallmark Cards, and the name was changed to its current. From September 1996 to April 2007, Univision Communications Inc. traded in the New York Stock Exchange under the symbol UVN. In 2001, Univision Communications Inc. acquired USA Broadcasting, the station group of USA Networks, which included 13 full-power television stations. Most of these stations became part of a new network called TeleFutura, which it launched in 2002, now UniMás. Others joined Univision. In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Audio Network. Prior to 2007, the headquarters was in the Century City neighborhood of Los Angeles. In March 2007, Univision Communications was sold to Broadcasting Media Partners, a group which included Madison Dearborn Partners, Providence Equity Partners., TPG Capital, L.P., Thomas H. Lee Partners, and Saban Capital Group. In May 2008, Univision Music Group was sold to Universal Music Group and combined with its Latin label to become Universal Music Latin Entertainment. In 2009, Univision Interactive Media was formed to house Univision.com, Univision Móvil, and an array of digital offerings. Univision On Demand also debuted in 2009, through distribution partners. That same year Univision also created Univision Studios, a new production arm focused on producing and co-producing content for the company's platforms. Randy Falco became Univision's CEO in 2011. Under Falco, the company began to expand its platforms, including launching new cable networks such as Univision Deportes Network and Univision Tlnovelas, as well as English-language properties targeting Hispanic audiences such as Flama (a YouTube channel featuring content aimed towards Hispanic young adults), and Fusion, a news channel operated as a joint venture with Disney–ABC Television Group. In January 2013, TeleFutura rebranded as UniMás. In May 2013, Univision announced an investment in Robert Rodriguez's new English-language cable channel El Rey Network. In 2014, UCI launched Univision Mobile, La Fabrica and TheFlama.com and also continued to increase the reach of Univision Deportes, Fusion and El Rey. Also in 2014, UCI expanded its partnership with Hulu, building on its launch as the first Spanish-language offering on Hulu in 2012. On August 16, 2016, Univision Communications purchased Gawker Media for $135 million. The sale included six Gawker blogs – Kotaku, Jalopnik, Lifehacker, Gizmodo (and its sub-site io9), Deadspin and Jezebel – but not the flagship Gawker site, which would be shut down in late August. On September 21, 2016, the Gawker Media assets acquisition was completed and said assets were moved to Gizmodo Media Group. On May 30, 2018, Vincent Sadusky, formerly of Telemundo and the local station groups LIN Media and Media General, was appointed the new CEO of Univision, replacing the outgoing Randy Falco. Under Sadusky, the company began to backpedal on its attempts to diversify into English-speaking markets, electing to focus more on its core Spanish-language properties targeting Hispanics. As part of this effort, Gizmodo Media Group was divested to private equity firm Great Hill Partners in April 2019. In July 2019, Univision rebranded its Univision Deportes Network cable channel as TUDN, as part of a collaboration with its content partner Televisa. On February 25, 2020, investment firms ForgeLight (launched by founder & CEO & ex-Viacom CFO Wade Davis) and Searchlight Capital agreed to acquire the 64% controlling stake in the company currently held by its investment group ownership, while minority owner Televisa will continue to hold its 36% stake. As a result, the company will be led by Davis as CEO, eventually replacing current CEO Vincent Sandusky. The sale was completed on December 29, 2020.

Properties

Univision's portfolio of properties consists of broadcast cable and digital networks, including 123 local TV and Radio stations. Univision's properties also include consumer products and brand licensing.

Television

* Univision Television Group (65 local TV stations) **Univision ***Planeta U ** UniMás ***Toonturama *TUDN (Sports) *Univision Noticias (News) * Univision Tlnovelas (Telenovelas) *Fusion TV * Galavision Network * Additional suite of cable offerings – De Película, De Película Clásico, Bandamax, Telehit, and Telehit Urbano *FOROtv

Radio

* Uforia Audio Network (58 local radio stations)

Digital properties

* Se Habla USA
Univision.com
and Univision app * Uforia Musica app * TUDN app * Noticias Univision app * Univision now * La Fabrica UCI (digital content house) * Prende TV Streaming Service

Consumer brands, products, and other services

* Univision Contigo, Univision's social impact / community empowerment brand * Univision Farmacia * Univision Mastercard prepaid card *El Chavo *Chapulín * Simplemente Delicioso * Telenovelas * TUDN (co-owned with Televisa) * Despierta America * Nuestra Belleza Latina * Antahkarana

Other properties

*Entravision Communications (10%)

Univision-owned television stations

''Notes:'' * (**) – ''Indicates a station owned by Univision prior to the formation of Univision Communications in 1992''. * (++) – ''Indicates a station owned by USA Broadcasting prior to its acquisition by Univision in 2001''. Footnotes: *1 These stations are owned by Univision, but are operated by Entravision Communications under local marketing agreements. *2 WQHS is the only network-owned station bordering Canada. It is also one of only two stations near the Canada–US border. The other station, KUNS-TV in Seattle, Washington, is third-party owned. However, neither the network nor either of the two stations are available on cable or satellite in Canada due to foreign broadcast restrictions established by the Canadian Radio-television and Telecommunications Commission (CRTC). *3 WSTE was taken over by Univision in 2002, but this was via WLII's local marketing agreement with Siete Grande Television (and in turn Univision's LMA with Raycom until 2005). Univision bought WSTE outright in 2007. *4 KUTH is owned by Univision, but was operated by Equity Media Holdings under a local marketing agreement until Univision took full control of the station in 2009. *5 KNIC is the only station to be built and signed-on by Univision Communications.

Awards

Univision and its executives have been recognized for their news, entertainment, humanitarian efforts and sports. Univision News has been recognized with the Peabody, Walter Cronkite and Gracies awards for its special “Entre el abandono y el rechazo”; the King of Spain International (Digital) Journalism Award for “Niños de la Frontera” part of Univision Noticia's La Huella Digital; and GLAAD Media Awards in the categories Outstanding Local TV Journalism for “Cobertura de Spirit Day” by Noticias 34 (KMEX-Univision 34) and Outstanding Documentary for “Identidad sin fronteras” part of Panorámica, a Univision/Pivot co-production. The Radio & Television News Association of Southern California (RTNA) also recognized Univision Noticias with eight Golden Mikes including the top honor, Broadcast Legend Award to Univision News anchor María Elena Salinas. Univision News anchor Jorge Ramos, described as “one of the most aggressive and influential newsmen in America” by Michael Scherer in his profile of Ramos published November 20, 2014, was named to the 2015 TIME 100, the magazine's annual list of the 100 most influential people in the world. Univision's former president and CEO, Randy Falco, has been recognized by National Academy of Television Arts & Sciences (NATAS) with Board of Trustees’ Award and by Kids in Need of Defense (KIND), with a Champion Award. Univision is also the recipient of ReadyNation's 2015 Business Champion for Children Award. The company's social impact initiative Univision Contigo has been recognized with a variety of awards, including Cynopsis Social Good Awards for its 2016 Vote For Your America campaign and its ongoing early childhood development initiaitve, Pequeños y Valiosos. Univision's sports network, Univision Deportes (TUDN) is recipient of two Sports Emmy Awards for Outstanding Live Sports Coverage in Spanish: 2014 FIFA World Cup and Outstanding Studio Show in Spanish: Fútbol Central by the National Academy of Television Arts & Sciences (NATAS); additionally, UDNs’ President Juan Carlos Rodriguez has been bestowed the Sports Network Executive of the Year Navigator Award by Cynopsis, while UDN accepted awards in the categories ‘Tech Innovation’ and ‘Best Spot Over:30.’

Corporate governance

Executive officers * Wade Davis, Chief Executive Officer * Jessica Rodriguez, Chief Marketing Officer and President of Entertainment * Peter H. Lori, Chief Financial Officer * Daniel Coronell, President, Univision News * Jonathan Schwartz, Chief Legal and Corporate Affairs Officer * Margaret Lazo, Chief Human Resources Officer * Juan Carlos Rodriguez, President of Sports Univision Deportes * Steve Mandala, President of Advertising Sales and Marketing * Christopher Furst, Executive Vice President and Chief Communications Officer * Diane Kniowski, President and Regional General Manager of Local Media * Friday Abernethy, Senior Vice President of Content Distribution and Partnerships * Sameer Deen, Chief Digital Officer * Rosemary Mercedes, Executive Vice President and Chief Communications Officer * David Rabinowitz, Executive Vice President of Operations and Tecnology * Jonathan Schwartz, General Counsel and Executive Vice President of Government relations Board of directors * Wade Davis, Chief Executive Officer * Haim Saban, chairman and chief executive officer – Saban Capital Group, Inc. * Zaid F. Alsikafi, director – Madison Dearborn Partners, LLC * Henry Cisneros, executive chairman – CityView * Alfonso de Angoitia Noriega, executive vice president – Grupo Televisa * Emilio Azcarraga Jean, chairman of the board and CEO – Grupo Televisa * Jonathan M. Nelson, chief executive officer – Providence Equity Partners * Michael P. Cole, director – Madison Dearborn Partners, LLC * Adam Chesnoff, president and chief operating officer – Saban Capital Group, Inc. * David Trujillo, partner – TPG Capital, L.P * Michael N. Gray, principal – Providence Equity Partners * Enrique F. Senior Hernandez, managing director – Allen & Company * David Bonderman, Founding Partner – TPG Capital, L.P. * Julie Hong Clayton, Principal – TPG Capital, L.P. * Bernardo Gomez Martinez, Executive Vice President - Grupo Televisa, S.A.B. * Paul Hudson, Founding Partner & Chief Investment Officer – Glade Brook Capital, LLC * Jason Kilar, Chief Executive Officer - Vessel * Gregory Norden, Managing Director – G9 Capital Group, LLC

See also

* List of telenovelas of Univision

References



External links


Univision website

Univision Corporate website
{{Major U.S. TV O-O Stations Category:Mass media companies of the United States Category:Spanish-language broadcasting in the United States Category:Cable network groups in the United States Category:Companies based in Los Angeles Category:Entertainment companies based in California Category:American companies established in 1962 Category:Entertainment companies established in 1962 Category:Mass media companies established in 1962 Category:1962 establishments in California Category:Madison Dearborn Partners companies Category:TPG Capital companies Category:Companies formerly listed on the New York Stock Exchange Category:1996 initial public offerings Category:2007 mergers and acquisitions