Gustavo A. Cisneros,Chairman and CEO of the Cisneros Group of Companies, today announced that Venevision Investments LLC has joined with private equity firms Bain Capital Partners, LLC Blackstone Management Associates V, LLC, Carlyle Investment Management, LLC, Cascade Investment, LLC, and Kohlberg Kravis Roberts & Co. LP., and with Mexican broadcaster Grupo Televisa, to make a plan or proposal for a transaction with Univision Communications Inc., the leading media company serving the fast-growing U.S.-Hispanic market.
Media
Televisa eyeing new U.S. Broadcast Net or a scare tactic?
Rumors about Televisa’s interest in creating a new Spanish-language network should their bid for Univision fail are running rampant in the financial circles.
I a report in the Financial Times, Televisa has a Plan B that includes potential partners such as NBC’s Telemundo, Paxson Communications and McGrawHill.
One-third of households Broadband – enabled.
Roughly one-third of US households now subscribe to some type of broadband service, reports In-Sta. As broadband becomes commonplace, Internet use is evolving with broader adoption of a variety of applications.
Telemundo & Nostromo America sign programming development & production deal.
Telemundo announced it has entered into a new long-term, development and production agreement with world-renowned hit maker Nostromo America, leading producer of game show and reality show genres.
Univision nearly triples FIFA World Cup Audience.
With just 3 days and 8 games into the month-long, 64 game tournament, the Univision Television Network’s exclusive Spanish-language coverage of the FIFA World Cup Germany 2006 is breaking audience records in all key demographics and setting the pace to become the most-watched World Cup in U.S. history.
The Latino Urban format study.
A new Hispanic format – Latino Urban – is attracting a significant audience among a broad array of Hispanic listeners in several markets across the country.
