TelevisaUnivision Inc.
TypePrivate
IndustryMass media and entertainment
Predecessors
  • Spanish International Communications Corporation
  • Univision Holdings Inc.
  • Univision Communications Inc.
FoundedLos Angeles, California in 1962; 60 years ago (1962)
FounderEmilio Azcárraga Vidaurreta of Televisa
Headquarters,
Key people
Wade Davis (CEO)
RevenueDecrease US$2.714 billion (2018)[2]
Decrease US$610.9 million (2018)[2]
Decrease US$ 800,000 (2018)[2]
Total assetsDecrease US$9.172 billion (2018)[2]
Total equityIncrease US$136.8 billion (2018)[2][3]
OwnerTelevisa (45%)
Number of employees
4,008 (2016)[4]
DivisionsUnivision
Galavisión
UniMás
Univision Digital
Uforia Audio Network
TUDN
Univision Television Group
Videocine
Pantelion Films
Televisa Networks
Televisa Consumer Products
Televisa Internacional
Televisa Regional
Blim TV
Vix
Websitecorporate.televisaunivision.com

TelevisaUnivision (formerly known as Univision Communications) is a Mexican-American media company headquartered in New York and Mexico City, which owns the American Spanish language broadcast network Univision.[5] 45% of the company is held by the Mexican media conglomerate Televisa, a major programming partner for Univision.

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. It is currently a multimedia conglomerate, with broadcast cable, digital and audio networks, including 65 television stations, online and mobile apps and products.[6][7][8][9]

History

Former logo used until December 31, 2012.
Former logo used until December 31, 2012.

Univision Communications Inc. was founded in 1962; 60 years ago (1962), 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-DT) 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 one.

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.[10] Others joined Univision. In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Audio Network.[11]

Prior to 2007,[12] its headquarters was in the Century City neighborhood of Los Angeles.[13][14]

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.[15]

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.[16] Univision On Demand also debuted in 2009, through distribution partners.[17] That same year Univision also created Univision Studios, a new production arm focused on producing and co-producing content for the company's platforms.[18]

Randy Falco became Univision's CEO in 2011.[19] 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),[20] and Fusion, a news channel operated as a joint venture with Disney–ABC Television Group.[21][22][15]

On January 7, 2013, TeleFutura rebranded as UniMás.[23][24] In May 2013, Univision announced an investment in Robert Rodriguez's new English-language cable channel El Rey Network.[25]

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.[26][27][28][29] Also in 2014, UCI expanded its partnership with Hulu, building on its launch as the first Spanish-language offering on Hulu in 2012.[30]

On August 16, 2016, Univision Communications purchased Gawker Media for $135 million.[31] 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.[32] On September 21, 2016, the Gawker Media assets acquisition was completed and said assets were moved to Gizmodo Media Group.[33][34][15]

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.[35] 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.[15][36]

Logo used from January 27, 2019 to January 30, 2022.
Logo used from January 27, 2019 to January 30, 2022.

On July 20, 2019, Univision rebranded its Univision Deportes Network cable channel as TUDN, as part of a collaboration with its content partner Televisa.[37][38][39]

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 that was held by its investment group ownership, while minority owner Televisa would continue to hold its 36% stake. As a result, the company would be led by Davis as CEO, eventually replacing incumbent CEO Vincent Sandusky. The sale was completed on December 29, 2020.[40][41] On April 13, 2021, Televisa announced a merger deal with Univision which would combine the company's entertainment assets. The new company would be known as TelevisaUnivision.[42] As part of the merger, Televisa kept the company’s technological, pay television assets and their station licenses for the company's four networks. The merger was approved by Mexican telecommunications regulation agency Instituto Federal de Telecomunicaciones (IFT) on September 15, 2021.[43] The merger was later approved by the Federal Communications Commission on January 24, 2022 while the merger was completed on January 31 of the same year.[44]

In February 2022, TelevisaUnivision announced ViX, a streaming platform featuring both an ad-supported and a subscription tier, with an intended rollout of the AVOD tier set for March 31, 2022.[45]

in May 2022, TelevisaUnivision announced it will acquire the American OTT streaming service, Pantaya from Hemisphere Media Group. Hemisphere will also acquire Univision's radio stations in Puerto Rico.[46]

Properties

TelevisaUnivision's portfolio of properties consists of broadcast, cable, and digital networks. TelevisaUnivision's properties also include consumer products and brand licensing.

Television

TelevisaUnivision provides programming throughout Mexico through four networks, and in the United States via Univision and UniMás through local affiliates. 253 Mexican local television stations (54.8% of the total commercial stations), and 59 US local television stations air programming from all six terrestrial networks.[47][48]

The six terrestrial networks are:

Network Flagship Programming
Las Estrellas XEW-TDT 2 general programming, sports, first-run telenovelas, and news
Canal 5 XHGC-TDT 5 youth-oriented programming, American series, and films
Nueve XEQ-TDT 9 telenovela reruns, sports, news, and comedy shows
FORO XHTV-TDT 4 all-news channel, talk, and debate programming
Univision general programming, sports, first-run telenovelas, and news
UniMás youth-oriented programming

TelevisaUnivision beams its terrestrial brands to affiliates. Some of its Mexico-based affiliates are owned by its parent Televisa through Televisa Regional network, airing a mixture of Televisa programming and regional programming from all four Mexico-based terrestrial networks. FOROtv is the only network that only has one full-time affiliate, XHTV, but some of FOROtv's programming can be found on most Televisa Regional television stations.

Programming

Main articles: List of programs broadcast by TelevisaUnivision networks and List of TelevisaUnivision telenovelas

Cable

TelevisaUnivision also operates a subsidiary called Televisa Networks (often recognized within the entertainment industry by its previous moniker, Visat).[citation needed] This subsidiary is responsible for the distribution of TelevisaUnivision Mexico programs by satellite. It is Televisa Networks that distributes the Las Estrellas signal through satellite to Europe, Australia, and New Zealand. As of 2019, the subsidiary is currently known as Televisa Internacional with Televisa Networks being folded into the company's international division. Other channels under the Televisa Networks umbrella include:

Featured Channels

It operated Galavisión Europa, featuring programming by Televisa and Univision, the channel name was changed in 2006 to Canal de las Estrellas (and later Las Estrellas in 2016), and broadcasts to Europe, Australia, and New Zealand.

Aside from Televisa Networks, TelevisaUnivision also operates US-based cable channels:

Radio

Digital properties

Consumer brands, products, and other services

Other properties

Former assets

Divested

Dormant or shuttered

TelevisaUnivision-owned television stations in the United States

Notes:

City of license / Market Station Channel TV (RF) Owned Since Affiliation
Phoenix KTVW-DT ** 33 (33) 1992 Univision
KFPH-DT 13 (13) 2001 UniMás
Tucson, AZ KUVE-DT
(semi-satellite of KTVW-DT)
46 (34) 2003 Univision
KFTU-DT 3 (36) 2001 UniMás
Bakersfield, CA KABE-CD 39 (39) 2002 Univision
KBTF-CD 31 2002 UniMás
KTFB-CD **
(satellite of KBTF-CD)
4 1992 UniMás
KUVI-DT 45 (45) 1997 Twist
Fresno, CA KFTV-DT ** 21 (21) 1992 Univision
KTFF-DT 61 (23) 2003 UniMás
Los Angeles KMEX-DT ** 34 (34) 1992 Univision
KFTR-DT ++ 46 (29) 2001 UniMás
Sacramento – Stockton – Modesto KUVS-DT 19 (18) 1997 Univision
KTFK-DT 64 (26) 2004 UniMás
San Francisco – Oakland – San Jose KDTV-DT ** 14 (20) 1992 Univision
KFSF-DT 66 (34) 2002 UniMás
Denver KCEC 1 14 (32) 2003 Univision
Washington, D.C. WFDC-DT ++ 6 14 (15) 2001 Univision
Miami – Fort Lauderdale WLTV-DT ** 23 (23) 1992 Univision
WAMI-DT ++ 69 (24) 2001 UniMás
Orlando WVEN-TV ++ 6 43 (22) 2001 Univision
WRCF-CD 29 (16) 2017 Univision
Tampa – St. Petersburg WVEA-TV ++ 6 50 (47) 2001 Univision
Atlanta WUVG-DT ++ 34 (48) 2001 Univision
UniMás (DT2)
Chicago WGBO-DT 66 (35) 1995 Univision
WXFT-DT ++ 60 (50) 2001 UniMás
Boston WUNI ++ 1 66 (27) 2001 Univision
WWJE-DT 50 (27) 2017 True Crime Network
Albuquerque, NM KLUZ-TV 1 14 (22) 2003 Univision
New York City WXTV-DT ** 41 (40) 1992 Univision
WFUT-DT ++ 68 (26) 2001 UniMás
WFTY-DT ++
(satellite of WFUT-DT)
67 (23) 2001 True Crime Network
Raleigh – Durham, NC WUVC-DT 40 (38) 2003 Univision
WTNC-LD 26 (11) 2003 UniMás
Cleveland WQHS-DT ++ 2 61 (34) 2001 Univision
UniMás (DT2)
Philadelphia WUVP-DT ++ 65 (17) 2001 Univision
WFPA-CD ** 28 1992 UniMás
WMGM-TV 40 (36) 2017 True Crime Network
Austin, TX KAKW-DT 62 (13) 2002 Univision
KTFO-CD ** 31 (36) 1992 UniMás
KXLK-CD 29 (35) 2018 Court TV Mystery
Dallas – Fort Worth KUVN-DT ** 23 (23) 1992 Univision
KSTR-DT ++ 49 (48) 2001 UniMás
Houston KXLN-DT 45 (30) 1994 Univision
KFTH-DT ++ 67 (36) 2001 UniMás
San Antonio KWEX-DT ** 41 (41) 1992 Univision
KNIC-DT 5 17 (18) 2006 UniMás
Salt Lake City, Utah KUTH-DT 4 32 (32) 2004 Univision
UniMás (DT2)
San Juan – Ponce, PR WSTE-DT 7 (7) 20023 Spanish Independent

Footnotes:

Former Univision-owned stations

City of license / Market Station Channel
TV (RF)
Years owned Current ownership status
San Juan, Puerto Rico WLII-DT 11 (11) 2005–2020 Dual Univision/UniMás affiliate owned by the Liberman Media Group
Ponce, Puerto Rico WSUR-DT 9 (9) 2005–2020 Dual Univision/UniMás affiliate owned by the Liberman Media Group
Mayagüez, Puerto Rico WOLE-DT
(Satellite of WLII-DT)
12 (12) 2014–2021 Dual Univision/UniMás affiliate owned by the Liberman Media Group

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.[56][57][58][59][60] 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.[61] 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.[62][63]

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.[64][65] Univision is also the recipient of ReadyNation's 2015 Business Champion for Children Award.[66] 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 initiative, Pequeños y Valiosos.[67][68]

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.’[69][70]

Corporate governance

Executive officers

Board of directors

See also

References

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