“Revenue $2.44 B As of December 2013
- Industry: Media
- Founded: 1961
- Country: United States
- CEO: Randell Falco
- CFO: Andrew W Hobson
- Website: www.univision.net
- Employees: 4,200
- Fiscal Year End: Dec 31, 2012
- Sales: $2.44 B
- Headquarters: New York, NY
Univision Communications is a diversified Spanish-language media company, with interests in television, radio and the internet. The Univision Network is the most-watched Spanish-language television network in the U.S., reaching 97% of Hispanic households. The company issued shares to the public in 1996; in 2007, an investor group including Madison Dearborn Partners and Providence Equity Partners, took the company private again.“
“Univision Communications History
Univision Communications Inc. was founded in 1992 by businessman A. Jerrold Perenchio,Televisa and Venevision when the Univision Network was acquired from Hallmark Cards.
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, nowUniMás. Others joined Univision. In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Radio.
In March 2007, Univision Communications Inc. was sold to Broadcasting Media Partners, Inc. which includes Madison Dearborn Partners, LLC, Providence Equity Partners Inc., TPG Capital, L.P., Thomas H. Lee Partners, L.P., and Saban Capital Group Inc.
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.
Most recently, UCI has grown its offerings with the launch of Univision Deportes, Univision tlnovelas and, additional cable, digital and multiplatform offerings.”
*Information from Forbes.com and Wikipedia.org
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