Univision Communications Inc.
Univision Communications Inc. (UCI) is an American media company serving Hispanic and Latino Americans. The company dates back to the first Spanish language television network in the U.S., founded in the early 1960s as Spanish International Network (SIN). The founders of Univision were Rene Anselmo and Telesistema Mexicano founder Emilio Azcárraga Vidaurreta. UCI has evolved into a multimedia company with 16 broadcast, cable and digital networks; 61 television stations; and online and mobile apps, products and content creation facilities in New York City, Los Angeles, and Miami. UCI’s headquarters is in Midtown Manhattan. Prior to 2007, the headquarters was in the Century City neighborhood of Los Angeles.
Univision Communications Inc. was founded in 1962 as Spanish International Network. Rene Anselmo, an American-Mexican TV executive of Cuban-Italian-American descent, Emilio Nicolas, Sr., owner of KUAL-TV (now KWEX-TV) in San Antonio, and Mexican radio-TV magnate Emilio Azcárraga Vidaurreta, head of Telesistemas Mexicanos (now Televisa). They consolidated the operations of some independent Latino stations into a network. In 1987, Nicholas sold his part of the company to Hallmark Cards, and the name was changed to Univision.
From September 1996 to April 2007, Univision Communications Inc. traded in the New York Stock Exchange under the symbol UVN.
In 2001, Univision Communications Inc. acquired USA Broadcasting, the station group of USA Networks, which included 13 full-power television stations. Most of these stations became part of a new network called TeleFutura, which it launched in 2002, now UniMás. Others joined Univision. In 2003, Univision completed the acquisition of Hispanic Broadcasting Corporation to form Univision Radio.
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