Univision Com





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Univision
TypeSpanish Broadcast Television Network
CountryFlag of the United States United States
Availability   National
Founded1955
(Through KWEX-TV)
FounderRaoul A. Cortez
AreaMiami, Florida, USA
OwnerUnivision Communications, Inc.
Launch date1961 as SIN
1987 as Univision
Past namesSpanish International Network
(1961-1987)
Websitewww.univision.com

Univision is a Spanish-language television network in the United States. It has the largest Hispanic audience, largely due to repurposed telenovelas and other Mexican programs produced by Grupo Televisa. Joe Uva is the CEO of Univision Communications, Inc.

Univision is headquartered now in New York City, after years of being in Los Angeles, and its major production facilities/operations are in Miami. It is available on cable in most of the country, with local stations in several markets with large Hispanic populations. Most of these stations air full local news and programming in addition to network shows. Univision's major programming is closed-captioned in Spanish, but unlike main competitor Telemundo, it almost never provides English subtitles.

The network was sold in March, 2006, to a consortium led by Californian billionaire Haim Saban, TPG Capital, L.P. and Thomas H. Lee Partners for $12.3 billion or $36.25 per share plus $1.4 billion in acquired debt. On March 12, 2006 The buyout left the company with a debt level of twelve times its annual cash flow, which was twice the norm in buyouts done over the previous two years.