Univision Communications Inc., together with its subsidiaries, operates as a media company serving Hispanic America. The company is a subsidiary of Broadcast Media Partners Holdings, Inc.
The company generates advertising revenue from the sale of advertising on broadcast and cable networks, local television and radio stations. It also generates revenue from the sale of display, mobile and video advertising, as well as sponsorships, on its various digital properties.
Segments
The company opera...
Univision Communications Inc., together with its subsidiaries, operates as a media company serving Hispanic America. The company is a subsidiary of Broadcast Media Partners Holdings, Inc.
The company generates advertising revenue from the sale of advertising on broadcast and cable networks, local television and radio stations. It also generates revenue from the sale of display, mobile and video advertising, as well as sponsorships, on its various digital properties.
Segments
The company operates through two segments, Media Networks and Radio.
Media Networks
This segment includes the Univision and UniMás broadcast networks; 10 cable networks, including Galavisión and TUDN; and 61 owned or operated television stations in major Hispanic markets across the United States. This segment also includes digital properties, including online and mobile websites and applications, including Univision.com and Univision Now, a direct-to-consumer, on-demand and live streaming subscription service.
This segment includes 12 broadcast and cable networks and approximately 40 digital and mobile properties. The company operates two broadcast television networks. Univision Network is among the primarily watched broadcast television networks among the U.S. Hispanics, available in approximately 78% of the U.S. Hispanic television households. UniMás is among the major Spanish-language broadcast television networks. In addition, the company operates 10 cable networks, including Galavisión, the primarily watched Spanish-language entertainment cable network among the U.S. Hispanics, and TUDN, the most-watched Spanish-language sports cable network among the U.S. Hispanics.
The company also provides programming to 74 broadcast network station affiliates. 68% of Univision Network distribution and 60% of UniMás distribution are through owned or operated stations. The company’s digital properties consist of online and mobile websites and applications, which generated approximately 297 million average monthly page views during the year ended December 31, 2020. Univision.com is the company’s major digital property and is the primary Spanish-language website among the U.S. Hispanics, and Univision Now is the company’s direct-to-consumer, on-demand and live streaming subscription service.
Radio
This segment, the Uforia Audio Network, includes 58 owned or operated radio stations, a live event series, and the Uforia music application, which includes the digital audio elements of Univision.com.
The company owns or operates 58 radio stations, including stations in major designated market areas and Puerto Rico. The company’s radio stations reach 12 million listeners per week and cover approximately 67% of the U.S. Hispanic population. This segment also includes the expansion of the Uforia brand, including the Uforia Music Series, including experiential and digital centric event series and the company’s Uforia music application featuring radio, music, and podcast content, which includes a total of 109 radio stations (including 17 exclusive digital stations and 48 affiliate stations), 65 podcast series with a list of approximately 10,000 podcast episodes published daily and weekly, approximately 300 playlists categorized by mood and a library of approximately 40 million songs.
Discontinued Operations
In 2019, the company sold its English-language digital businesses, including the Gizmodo Media Group, The Onion and Fusion Digital collectively referred to as the English-language digital assets or businesses. The Gizmodo Media Group principally included Gizmodo, Deadspin, Lifehacker, Jezebel, Splinter, The Root, Kotaku, Earther and Jalopnik.
History
The company was founded in 1992. It was incorporated in 1992. The company was formerly known as Perenchio Communications, Inc. and changed its name to Univision Communications Inc. in 1996.