ABC News & Univision News to be based in Miami.

ABC News and Univision News announced their joint venture news and lifestyle network for U.S. Hispanics will be based in Miami, Florida. 
 
“This is a continuation of Univision’s investment in Miami-Dade County and the State of Florida,” said Cesar Conde, president of Univision Networks. “The Miami-based operation will be the largest of its kind with state-of-the-art production capabilities that will generate new jobs and attract television’s brightest talent to South Florida.”
 
“We look forward to becoming an integral part of the Miami-Dade community and its robust and rich media culture,” said Ben Sherwood, president, ABC News. “From our new headquarters in South Florida, we’ll build the network of the future to serve the many millions of Hispanics all across America.”
 
ABC News and Univision News also announced that Miguel Ferrer will be the first executive producer, Digital for the new company. He will oversee all digital properties and work closely with the ad sales, distribution and editorial teams. Ferrer was most recently the managing editor of the Huffington Post’s Black Voices, Latino Voices (English-language) and Voces (Spanish-language) sites. Ferrer starts October 30 and will divide his time between New York and Miami.  The President and CEO and other executives on the management team are expected to be announced later this year.
 
The currently unnamed television network is expected to launch in 2013.