CNN and Univision drew 10.8 million total average viewers for Sunday night’s Democratic debate between Sen. Bernie Sanders and former vice president Joe Biden, handing CNN its most-watched debate of the election cycle, according to Nielsen Fast National data.
An investor group led by former Viacom CFO Wade Davis has agreed to acquire a 64% majority stake in Spanish-language media giant Univision Communications for an undisclosed sum. The group includes private equity firm Searchlight Capital and ForgeLight, with Davis set to run the company as CEO upon deal close. Mexican TV giant Televisa has elected to retain its stake of about 36%.
Former Viacom Inc. CFO Wade Davis is finalizing an agreement to buy Univision Communications in a deal that could be announced as soon as Monday, according to people familiar with the matter. Davis and his backers at Searchlight Capital Partners are expected to contribute about $800 million for a controlling stake in the Spanish-language media giant. The transaction would value Univision at less than $10 billion including debt, the people said.
The Democrats are heading to the Valley of the Sun next month for the 11th Democratic primary debate of the 2020 election cycle. CNN and Univision will host the debate on March 15, in Phoenix. It will air from 8 to 10 p.m. ET. Additional info, including moderators, venue and criteria, will be released at a later date, according to CNN.
Univision Communications is in exclusive talks with a bidding group that includes former Viacom CFO Wade Davis for a sale that could value the Spanish-language broadcaster at close to $10 billion including debt, according to people familiar with the matter.
Joe Ianniello, who oversees CBS assets at ViacomCBS, hasn’t decided whether to join Platinum Equity’s bid for the Spanish-language broadcaster.
Univision may be selling itself to Liberty Global and a smaller rival called Hemisphere Media, a struggling Spanish-language broadcaster in Miami that bills itself as “the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets.”
Univision Communications and Televisa today announced a distribution arrangement that would make a Univision-branded linear television channel available across the region in early 2020. The 24-hour pay TV channel will be initially distributed across 17 Latin American markets, excluding Brazil. The network will be operated by Televisa, which will also handle distribution and ad sales. […]
Several firms have expressed interest in acquiring Univision Communications, according to people familiar with the matter, a deal that would give the Spanish-language broadcaster’s private-equity owners a long-sought exit. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis are among those that have made overtures.
ABC News said Thursday it would televise just one night of debates among Democratic hopefuls for 2020, as opposed to the two nights it had previously planned. ABC’s Sept. 12 coverage will feature 10 candidates, reflecting the fact that a good chunk of those campaigning for the job had failed to reach the next level of support to participate in the event, organized by the Democratic National Committee.
Just weeks before it co-hosts its first Democratic presidential primary debate with ABC, Univsion is bolstering its news division with the promotion of María Martínez-Guzmán as SVP and executive news director. Prior to this appointment, she was VP, newsgathering for Univision News.
Univision reported revenue fell 4% to $701.7 million. What the company describes as core revenue dropped 3.5% to $694.5 million. It also posted lower second-quarter net income, it fell 21% to $90.7 million from $114.3 million a year ago.
Univision’s annual Premios Juventud special topped adults 18-49 on Thursday with a 0.7 average, while ABC’s mini-golf competition Holey Moley and Family Food Fight fell to season lows with an 0.6 and 0.3 average, respectively.
Years of boardroom bickering and missteps, including a disastrous foray into English-language media, as well as rising competition from rival Telemundo and shifting demographics, have taken a toll.
The Spanish-language TV giant may pitch itself to Disney, Viacom and Fox, but its sale likely won’t make much for investors.
Spanish-language broadcaster Univision expects the volume of advance advertising commitments for its next programming cycle to rise after wrapping its negotiations in TV’s annual upfront market, according to a person familiar with the matter. This person says Univision saw its overall volume grow between 5% and 6% over last year’s efforts, driven in part by an influx of new advertisers and expanded budgets from current clients. The results represent Univision’s best from an upfront market in four years, this person added.
Univision says its board of directors is “reviewing strategic options” for the Spanish-language media giant, which could include the sale of the company. Univision has been struggling with debt and increased competition from Comcast’s Telemundo unit.
CARACAS, Venezuela (AP) — The Univision television network said Thursday that it has recovered the video of a contentious interview with Venezuelan President Nicolás Maduro that was confiscated after he cut it short, angered by critical questions from journalist Jorge Ramos. Ramos said the recovery of the video was “a real triumph against censorship” and […]
Univision Communications has announced an expansion of local news coverage on its UniMás affiliate WAMI Miami (DMA 16). Three live half-hour Noticias 23 on UniMás newscasts on UniMás will air Monday through Friday at 5, 5:30 and 10 p.m. Noticias 23 “will provide a different take on local news for Miami-Dade residents” the station said and will be […]
While many traditional TV players are looking to diversify beyond linear TV, Univision, with Vince Sadusky at the helm, has spent the past year getting back to its roots as a Spanish-language broadcaster. But while Sadusky believes in the broadcast TV model, Univision’s ratings are challenged, and it has felt increased pressure from its main rival, NBCU-owned Hispanic-targeted broadcaster Telemundo. But Sadusky’s bigger priority, he says, is telling Univision’s refocused story to the ad marketplace.
Univision Communications is rebooting its UniMás network with a focus on live entertainment in the shape of sports, news and reality. May 13 is also premiere day for a 10 p.m. newscast on UniMás. And it’s rebranding its Univision Deportes network to TUDN.
WXTV’s existing 1,800 square-foot set has been redesigned to accommodate new technology that also reduces power consumption and enhances the storytelling experience. It includes a 24-foot long, wall to ceiling, curved monitor wall and a larger Chroma wall to magnify weather maps, animations and enhance the artwork of daily forecasts within the daily meteorology reports.
A broad coalition of television station groups as well as public broadcasters announced at the NAB Show on Monday that ATSC 3.0 will be rolled out in 40 U.S. markets by the end of 2019.
The Hispanic-language giant is selling the brands, acquired from Gawker Media, to Great Hill Partners.
Ending a nearly eight-month standoff, Dish Network and Univision Communications signed a new long-term carriage deal. The companies said restoration of Univision networks and stations on DishLatino and Dish will begin immediately and all pending litigation has been settled.
Nielsen’s SVOD content ratings and Local Nielsen Media Impact Included in the New Service Agreement. Univision is the latest media company to subscribe to Nielsen’s national out-of-home reporting service.
The Univision network said six of its staffers, including veteran anchorman Jorge Ramos, were briefly detained at the presidential palace in Caracas, Venezuela, on Monday. Ramos and the crew members were released a little less than three hours after the episode began.
Univision is acknowledging the financial weakness of the Gizmodo Media Group digital media assets the company has purchased over the last few years, including the former Gawker Media Group publications it picked up in the summer of 2016. The company reported that the assets lost $32.5 million in the fourth quarter of 2018.
Spanish-language network Univision on Friday joined a lawsuit against the Commerce Department’s decision to include a citizenship question on the upcoming 2020 U.S. Census. The media company signed on to a lawsuit pursued in northern California, challenging the Commerce Department’s authority to add a question on citizenship to the census.
Dish Network, which has blacked out several Univision-run channels after failing to reach a new distribution deal with the programmer, has lobbed a lawsuit at Univision claiming that the Spanish-language broadcaster is infringing a batch of patents tied to adaptive bit-rate streaming.
When Univision announced expanded local news apps for seven of its top markets this week, one of the platforms for “integrated social media sharing capabilities” was a channel you won’t usually see in similar English-language-station releases. It’s WhatsApp, the world’s most popular messaging app, but one that’s little-used by U.S. newsrooms.
The new apps will include livestream so mobile users can watch local newscasts in real time.
The money-losing Gizmodo Media Group, operator of sites including Jezebel, Deadspin and The Onion, is still struggling to find a buyer — six months after it got put on the block by Univision, the Spanish-language broadcasting giant, sources say.