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In 1992 Hallmark sold Univision Holdings to A. Jerrold Perenchio for $550 million.
At the end of 1993, Univision's revenues had reached $104.7 million.
Univision won some praise from Hispanics (as well as some criticism by non-Hispanics) for donating $100,000 in 1994 to a group fighting the ballot initiative known as Proposition 187, which sought to deny government benefits to illegal immigrants in California.
According to a 1994 study, 45 percent of a typical "Noticiero Univision" broadcast dealt with Latin American events, compared with less than two percent of the main nightly ABC newscast.
As a subsidiary of Univisa, Galavision had not been included in the sale of SIN to Hallmark, but it was acquired by Univision in July 1996.
The station group, Univision Communications, made its initial public offering in September 1996, selling 19 percent of its common stock at $23 a share.
In September 1996 Univision completed an initial public offering at $23 a share and raised over $200 million.
The company's long-term debt was $481.3 million in September 1997.
The company, in 1997, also owned and operated 21 television stations.
By the end of 1997 Televisa and Venevision were providing Univision with 92 percent of its programming.
In 1997 the network added a late night variety show, "Al Ritmo de la Noche." Of the 20 top prime-time Spanish-language programs in the United States in that year, the first 14 all belonged to Univision.
By 1997 Univision's share of Spanish language television viewing in the United States had grown to 83 percent.
In early 1998 Perenchio held 26.5 percent of the Class A common stock, while Grupo Televisa and Venevision each held 10.3 percent, plus warrants that if exercised would nearly double their stakes.
Revenues for 1999 jumped to $693.1 million, a year in which Univision's workforce grew to 1,850.
At the end of 2000 Univision bought 13 television stations from mogul Barry Diller's USA Broadcasting Group for $1.1 billion, reinforcing its dominance of the Spanish language media industry.
In 2001, Univision Communications Inc. acquired USA Broadcasting, the station group of USA Networks, which included 13 full-power television stations.
In 2001 Univision segued into music with the establishment of Univision Music.
In 2002 Univision formed TeleFutura, a new Spanish television network in the United States, with Televisa buying a sizeable (12 percent) chunk.
Univision ended 2002 with record breaking revenues of $1.09 billion and net income of $86.5 million.
In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Radio.
By 2004 the merger with HBC had been completed and any goodwill between Univision and Televisa had turned into an all-out war for domination of the Spanish language television and radio markets.
Young Turk," in a June 2005 article, believing the legal actions and feud would only hurt both Televisa and Univision.
Hoag, Christina, "Televisa to Make Bid for Univision," Miami Herald, April 29, 2006.
In 2006 Univision—with its TeleFutura network, cable programmer Galavision, 69 radio stations, 62 television stations, several record labels, Univision Online, and commanding dominance (more than 85 percent) of Hispanic broadcasting—was considered an excellent opportunity for the right buyer.
In March 2007, Univision Communications Inc. was sold to Broadcasting Media Partners, Inc. which includes Madison Dearborn Partners, LLC, Providence Equity Partners Inc., TPG Capital, L.P., Thomas H. Lee Partners, L.P., and Saban Capital Group Inc.
In May 2008, Univision Music Group was sold to Universal Music Group and combined with its Latin label to become Universal Music Latin Entertainment.
Univision On Demand also debuted in 2009, through distribution partners.
In 2009, Univision Interactive Media was formed to house Univision.com, Univision Móvil, and an array of digital offerings.
Similarly, Univision said it was considering action against Venevision, claiming that the Venezuelan network had not made available the nine hours per day of programming required by an agreement that locked in Univision’s rights to Televisa’s and Venevision’s telenovela output through 2017.
"Univision Communications Inc ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/univision-communications-inc-0
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Univision Communications | 1962 | $270.0M | 1,108 | 146 |
| TMZ | 2005 | $24.0M | 404 | 15 |
| KUSI News | - | $11.0M | 135 | - |
| Access Hollywood | - | $7.3M | 100 | - |
| Telepictures | 1979 | $50.0M | 3,000 | - |
| NBC International Ltd. | - | $5.4M | 30 | 2 |
| WWE | 1952 | $1.3B | 850 | 17 |
| ABC News | 1947 | $380,000 | 50 | - |
| MLB Advanced Media | 2000 | $300.0M | 1,477 | - |
| FOX Sports | 1994 | - | 376 | - |
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