Univision acquires full control of Disa Records.

Univision Communications Inc. announced the purchase of the remaining 50% of Mexico-based Disa Records and Edimonsa Publishing. Univision purchased 50% of Disa from the Chavez family of Monterrey, Mexico, in June 2001 with the provision to purchase the remaining 50% in five years. With this purchase, Univision Music Group (UMG) accounts for over 40% of the Latin music market share in the country.

Disa Records will continue to operate as a separate label under UMG, similar to Fonovisa Records, Univision Records and La Calle Records. Edimonsa Publishing will be merged into the Univision Music Publishing companies.

Carlos Ruiz has been appointed Vice President/General Manager of Disa Records. He previously served for Univision Music Group-Mexico, where he developed commercial strategies to leverage business growth. Ruiz’ career in the Latin music industry spans over 18 years and includes leadership positions with Warner Music Brazil, Peerless-MCM and Metro Casa Musical.

“I want to congratulate the Chavez family for building a successful record and publishing company that has endured the test of many years in the Latin music industry and I wish them success in future endeavors,” said Jose Behar, President and Chief Executive Officer, UMG. “I am very excited about the role Carlos Ruiz will play in continuing the success of Disa Records. I am confident in his ability to capitalize on the label’s current position in the marketplace and further strengthen the Disa brand under Univision Music Group.”

The Chavez family expressed, “we deeply thank our friends Mr. Jerry Perenchio and Mr. Jose Behar for opening the doors of Univision to the Disa Records label and for their confidence and support during our five-year venture. We believe that, under the direction of Mr. Carlos Ruiz and Mr. Jose Behar, Disa will continue to be one of the most important and successful regional Mexican music labels. Congratulations to Univision and we reiterate that, Disa Records and Edimonsa Publishing will continue to flourish within the Univision Music Group.”

“I am thrilled about my new position with Disa Records and look forward to the challenge of leading a music label with such a powerful roster of artists and with such a rich catalog of music,” said Ruiz.

Disa Records currently represents an impressive roster of international artists including Montez de Durango, Los Horoscopos, Patrulla 81, Los Brindis and Beto y Sus Canarios. Disa Records will continue to operate primarily from Monterrey, Mexico, with major offices in Mexico City, Los Angeles, San Antonio and Miami.