09.29.2003 12:00 PM
FCC approves Univision-Hispanic Broadcasting deal

In another party line vote, the FCC’s Republican majority has approved the merger of Univision Communications and Hispanic Broadcasting, allowing the creation of the first Spanish-language media conglomerate in the United States.

The action will create a $3 billion Spanish-language giant with television and radio stations as well as cable, Internet and music groups. The FCC’s majority ruled that the merger is in the public interest as long as the combined company takes whatever steps are necessary to come into compliance with the agency’s controversial new media ownership rules.

The merged company, the commission ruled, would own too many radio stations in two cities. But that decision was based on new regulations that have yet to take effect and are under a stay order by a federal court. As a condition of the approval, the FCC ordered that the combined company must sell its excess radio stations within six months after the court stay is lifted or when the new rules go into effect.

The deal will combine Univision’s 32 television stations, its Galavision cable network and TeleFutura—a 16-station group that Univision operates—with Hispanic Broadcasting’s 68 radio stations.

For more information visit www.univision.net and www.hispanicbroadcasting.com.

Back to the top

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

D. Pagan Communications /   Friday 10:35 AM
Blue Line is Hot on the Trail of DPA Microphones
Clyne Media, Inc /   Thursday 09:51 PM
Focusrite Expands RedNet Range

Featured Articles
Discover TV Technology