Tag Archive | "Univision"

Univision will get $376 million in FCC spectrum auction; sees higher 4Q earnings

Univision will get $376 million in FCC spectrum auction; sees higher 4Q earnings

Univision logoUnivision’s piece of the the FCC spectrum auction pie will be about $376 million, President and CEO Randy Falco announced today during the company’s earnings call wrapping up 2016.

Univision reported higher fourth-quarter earnings and full year revenue growth.

Falco celebrated “strong financial results” with last year’s “revenue crossing the $3 billion threshold for the first time ever,” making the company “well positioned for continued growth in 2017.”

Univision stated it generated nearly $219 million in net income and reduced net debt by $400 million. Falco said Univision will use the spectrum proceeds to continue to pay down debt.

Total revenue for the fourth quarter ended December 31, 2016 increased 15% to $846.5 million compared to $735.9 million for the same period in 2015.

Total revenue for the full year ended December 31, 2016, increased 6.4% to $3,042.0 million compared to $2,858.4 million for the same period in 2015.

During the call, Falco also addressed the network’s programming strategy, pointing out to the strengthened relationship with Televisa and Isaac Lee’s new appointment, now overseeing content across Univision and Televisa.

Univision experienced a major setback in prime time ratings in 2016, with many of its Televisa telenovelas underperforming among adults 18-49 against Telemundo’s super series.

Falco emphasized the company’s commitment to invest in non-Televisa content. Starting in 2017, Univision will begin airing content in prime time from its W Studios partnership with Patricio Wills and launch the Story House-Netflix original “El Chapo” miniseries.

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Univision to live stream Liga MX games on Facebook

Univision to live stream Liga MX games on Facebook

Univision, Liga MX

Univision will live stream 46 Liga MX games on Facebook to attract new English-language audiences. (Photo: Univision)

Univision has struck a deal with Facebook to live stream select matches of its Liga MX portfolio directly to U.S. fans in English on the social media platform.

The partnership kicks off Saturday, February 18 and continues throughout 2017. Fans will be able stream Liga MX matches in the U.S. in real-time on the Univision Deportes Facebook Page and via Facebook’s Video tab.

Univision Deportes will stream 46 Liga MX matches including playoff games in 2017 via Facebook Live. Further terms of the agreement were not disclosed.

Univision carries the rights to 17 of the 18 teams in the Liga MX soccer league.

The deal broadens the scope of Univision’s sports coverage in English, giving it the opportunity to expand the audience for its soccer programming.

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Univision cancels gossip show “Sal y Pimienta”

Univision cancels gossip show “Sal y Pimienta”

Sal y PimientaUnivision has decided to pull the plug on its Sunday gossip show “Sal y Pimienta” after a 6-year run.

Media Moves has confirmed the final show will air tomorrow, Sunday, February 12 at 7 pm.

Launched in January of 2011 at 10 pm with hosts Lourdes Stephen and Rodner Figueroa as a vehicle to chat up the network’s Sunday reality shows, “Sal y Pimienta” has had a series of issues in recent years that may have led to a decline in ratings and ultimately, its cancellation.

Figueroa was fired in 2015 after racist comments he made about Michelle Obama. Univision replaced him with Carlos Calderón and Jomari Goyso weeks later.

The show was recently moved from its 10 pm slot to 7 pm, causing a bigger dip in its ratings.

According to an inside source, Univision plans to replace the show at 7 pm with a program produced by the news department tackling immigration news and issues under the Trump administration.

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Jenni Rivera’s estate files multimillion-dollar lawsuit against Univision

Jenni Rivera’s estate files multimillion-dollar lawsuit against Univision

Su Nombre Era Dolores - Jenni RiveraAttorneys for Jenny Rivera’s estate filed a lawsuit against Univision for developing and airing the television series “Her name is Dolores, The Jenn I knew,” based on a book by her former manager Pete Salgado, which reveals confidential information in violation of a non-disclosure agreement he signed with the late star.

The lawsuit claims Univision was notified by Rivera family attorneys that Salgado had signed a non-disclosure agreement, but ignored legal warnings to stop production of the series, opting to move ahead with the project.

The series, currently on the air, premiered on Sunday, January 15.

Univision is accused of interference and inducing breach of contract by providing Salgado with a financial incentive to develop the television Series based on confidential information and of acting “with oppression, fraud, and malice.”

Arguing “the harm to JRE resulting from Univision’s wrongful conduct is enormous,” attorneys seek damages they believe will exceed $10 million.

You can read more details on the accusations of wrongdoing against Univision on Forbes.

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Univision blackout on Charter cable over carriage dispute

Univision blackout on Charter cable over carriage dispute

Univision-CharterUnivision starts the month of February with a blackout of its networks on Charter cable.

As of midnight ET, Charter customers can’t to tune in to any of the media company’s networks, including Univision, UniMás, Galavisión, Univision Deportes, El Rey and local owned and operated stations.

Univision, which sued Charter last year accusing the cable operator of breach of contract over carriage fees after its $71.4 billion dollar acquisition of Time Warner Cable, last week started a campaign warning viewers they could lose access to the Spanish-language networks and urged them to call Charter to demand to keep them on the air.

In the complaint, Univision alleges Charter purposely avoided negotiating a carriage agreement, which expired June 30, 2016, in order to try to take over TWC’s lower programming fee deal when the merger was completed.

Univision wants to negotiate better carriage rates with Charter than what it had with TWC. Charter wants Univision to honor the lower rates TWC had secured in its distribution agreement.

As soon as the networks went dark, Univision issued the following statement:

“Charter Communications has continually rejected all of UCI’s repeated, good-faith efforts to reach an agreement. As a result, Charter has decided to deny its subscribers continued access to Hispanic America’s most popular entertainment and sports, and most trusted news content. Over the past few days, Charter’s subscribers have demonstrated an overwhelming level of support for Univision’s content through an outpouring of calls to Charter. Despite this huge customer outcry, Charter still refuses to value Univision’s content and the audience we serve. Charter’s recent acquisition of Time Warner Cable and Brighthouse, making it the second largest cable and broadband company in the U.S., gives it immense marketplace power. Given the size of the distribution platforms that it controls, Charter has an obligation to its customers to provide them with access to content that is in-language and in-culture, which is vitally important during these politically volatile times. This is part of a continuing fight against mega mergers to ensure that there are diverse voices and opportunities for minorities in the media marketplace. Univision’s top priority remains steadfast: providing critical news and information to empower and serve the Hispanic community. We are ready to resume good faith negotiations immediately and hope Charter will do what is right for its Hispanic customers.”

When asked about the ongoing negotiations, a Charter spokesperson insisted in a statement on Monday: “We have a contract with Univision and expect them to honor it.”

You can read more about what’s at stake for Univision with the blackout on Forbes.

2/2/17 Update: a judge ordered Univision to restore the signal on Charter. Read the story on Forbes.

Univision - Charter blackout messages

Univision aired TV spots like these warning viewers of the potential blackout.

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Univision launches immigration help search tool

Univision launches immigration help search tool

Univision-buscador inmigracionA day after President Trump signed two executive orders that have rattled the immigrant community, Univision announced the launch of an interactive digital tool designed to help immigrants find non-profits that can provide free or low cost legal help near where they live.

The Legal Assistance Search Tool for Immigrants is available in the immigration section of UnivisionNoticias.com beginning today. It will also be accessible via links in all immigration articles published in Univision News platforms.

The search tool uses data provided by immi.org. Immi was created by the Immigration Advocates Network and Pro Bono Net.

Univision News warns it doesn’t guarantee the provision of services by any of the organizations listed in the search tool or results of those services and emphasizes it is limited to providing contact information on available nonprofit immigration/legal organizations in users’ local geographical areas.

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Univision promotes Resnick to SVP of sports sales

Univision promotes Resnick to SVP of sports sales

Rick ResnickRick Resnick has been upped from VP, Marketing of Univision Sports Sales to SVP of Sports Partner Solutions.

He’ll continue to oversee sports sales marketing while developing marketing solutions that offers Univision customers ways to connect with sports fans on every platform.

He’ll lead on ideation, product positioning, execution, post-sale and content creation.

Since joining Univision in 2011, Resnick primarily developed the sales marketing strategy for some of Univision Deportes’ most-successful sporting events, particularly tied to soccer, such as Liga MX matches, the Sábado Futbolero franchise and both U.S. and Mexico National teams.

During Resnick’s tenure, Univision Deportes saw an increase in content production, going from broadcasting 150 live matches a year and 30 show hours per month to 500 live matches a year and 150 show hours per month.

Before Univision, Resnick spent 14 years at Time, Inc in a variety of sales and marketing roles.

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Univision & Televisa merge content production, name Lee Chief Content Officer

Univision & Televisa merge content production, name Lee Chief Content Officer

Univision - Televisa - Isaac LeeJust two weeks since the FCC approved an increase of Televisa’s ownership stake in Univision, both companies today announced they’re merging their content development and production efforts, benefiting from “potential cost synergies.”

As part of the restructuring, Isaac Lee, who currently serves as the Chief News, Entertainment & Digital Officer for Univision and CEO for Fusion, will assume the role of Chief Content Officer of both Univision and Televisa, effective immediately.

“With a unified leadership structure for Content, Univision and Televisa are best poised to effectively meet the needs of our evolving and sophisticated audiences who are increasingly consuming content across all platforms and in multiple languages – both in the U.S. and Mexico,” Univision CEO Randy Falco told employees in an email sent morning.

Lee will now report to both Falco and Emilio Azcárraga Jean, President of Televisa.

According to Univision, the news and all other operations of both companies will remain independent, and the current terms and conditions of the existing programming license agreement between Univision and Televisa remain unchanged.

Televisa also announced that José Bastón Patiño will assume the role of President of Televisa International, reporting directly to Azcárraga.

Bastón will be responsible for Televisa’s expansion beyond Mexico and the United States, and will remain a member of the board of directors of Televisa.

Below is Falco’s email to staff:

From: Corporate Communications
Sent: Tuesday, January 17, 2017 8:56 AM
Subject: Unified Content Development Efforts

Dear Colleagues,

As we continue to strengthen our entertainment offering and work more closely with Televisa on our pipeline of entertainment content, I am pleased to announce that Isaac Lee has been named Chief Content Officer for both Univision and Televisa, effective immediately. Attached is the press release with additional details.

I firmly believe that, with a unified leadership structure for Content, Univision and Televisa are best poised to effectively meet the needs of our evolving and sophisticated audiences who are increasingly consuming content across all platforms and in multiple languages – both in the U.S. and Mexico. Under this new aligned structure, Univision and Televisa will benefit from a single, integrated focus on entertainment options that meet the needs of today’s young audiences.

In this new role, Isaac will dual report to me and Emilio Azcárraga Jean, President of Televisa. Univision News and all other operations of both companies will remain independent, and the current terms and conditions of the existing programming license agreement between Univision and Televisa will remain unchanged.

Please join me in congratulating Isaac on this expanded and important role.

Randy

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