Univision is prepping up for a likely IPO in 2012, according to an analysis of the company published by the Gerson Lehrman Group. It also suggests that’s the reason why former NBC President Randy Falco was recruited by the Spanish-language network.
In summary, the analyst considers the end of the Univision-Televisa feud over the programming license agreement, which has solidified its programming pipeline, and significant management changes are a sign that Univision’s focus is an IPO, particularly since the company has “a lot of value to regain when considering the $12.3 billion price tag paid to former owner Jerry Perenchio, to Televisa and to the Cisneros Group.”