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Univision Communications Inc. (UCI, stylized as un?v?s?on) is an American media company headquartered in Miami. 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. Today it is a multimedia company with broadcast cable, digital and audio networks, including 65 television stations, online and mobile apps and products.
Former logo used until October 17, 2012.
Univision Communications Inc. was founded in 1962; 58 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-TV) 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.
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. Others joined Univision. In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Audio Network.
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.
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. Also in 2014, UCI expanded its partnership with Hulu, building on its launch as the first Spanish-language offering on Hulu in 2012.
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. 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.
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 currently held by its investment group ownership, while minority owner Televisa will continue to hold its 36% stake. As a result, the company will be led by Davis as CEO, eventually replacing current CEO Vincent Sandusky.
Univision's portfolio of properties consists of broadcast cable and digital networks, including 123 local TV and Radio stations. Univision's properties also include consumer products and brand licensing.
Univision Television Group (65 local TV stations)
3 WLII and WSUR were taken over by Univision in 2002, but this was under a local marketing agreement with Raycom Media until Univision bought the stations outright in 2005.
4 WSTE was taken over by Univision in 2002, but this was via WLII's local marketing agreement with Siete Grande Television (and in turn Univision's LMA with Raycom until 2005). Univision bought WSTE outright in 2007.
5 KUTH is owned by Univision, but was operated by Equity Media Holdings under a local marketing agreement until Univision took full control of the station in 2009.
6 KNIC is the only station to be built and signed-on by Univision Communications.
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. 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. 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.
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. Univision is also the recipient of ReadyNation's 2015 Business Champion for Children Award. 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 initiaitve, Pequeños y Valiosos.
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.'
^"2001 Annual Report." Univision Communications. 36 (20/20). Retrieved on March 30, 2010. "Corporate Headquarters Univision Communications Inc. 1999 Avenue of the Stars Suite 3050 Los Angeles, CA 90067"