Lining Up In Support
Community groups in favor of Univision/Hispanic Broadcasting Company merger
Published on LatinoLA: August 8, 2003
Univision Communications Inc. (NYSE: UVN) and Hispanic Broadcasting Corporation (NYSE: HBC) today announced that many leading Hispanic community groups, including the League of United Latin American Citizens (LULAC), National Council of La Raza, National Hispanic Media Coalition and National Puerto Rican Coalition, have written in support of the proposed Univision-Hispanic Broadcasting
merger. In addition, the Association of Hispanic Advertising Agencies (AHAA) and a broad spectrum of prominent national and regional Hispanic organizations have also declared their support. A list of some of these organizations follows.
"We are gratified to have received such broad support from a wide range of respected organizations within the Hispanic community," said A. Jerrold Perenchio, Chairman and Chief Executive Officer, Univision Communications. "Combining the resources of Univision and HBC will allow us to build on the existing efforts of both companies to provide the highest quality service, information and entertainment to Hispanic America."
Mac Tichenor, Jr., Chairman and Chief Executive Officer, Hispanic Broadcasting said: "This pro-competitive merger is an important milestone that will level the playing field and usher in a new era in which Spanish-language media companies will be able to compete for audiences and advertising dollars on a more equal footing against the large English-language conglomerates."
Univision Communications Inc. (NYSE: UVN) is a leading Spanish-language media company in the United States. Its operations include: Univision Network, the most-watched Spanish-language broadcast television network in the U.S. reaching 97% of U.S. Hispanic households; TeleFutura Network, the new 24-hour general-interest Spanish-language broadcast television network reaching 75% of U.S. Hispanic Households; Univision Television Group, which owns and operates 23 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 29 TeleFutura Network television stations; Galavisi?n, a leading Spanish-language cable network; Univision Music Group, which includes the Univision Music label, Fonovisa Records label, and a 50% interest in Mexican based Disa Records label as well as Fonomusic and America Musical Publishing companies; and Univision Online, a leading internet destination for the U.S. Hispanic community located at
Hispanic Broadcasting Corporation (NYSE: HSP), a leading Spanish-language radio broadcaster in the United States, currently owns and/or operates 69 radio stations in 17 of the top 25 Hispanic markets as well as in Puerto Rico. The Company also owns and operates a network of Hispanic community-focused bilingual web sites found at http://www.netmio.com.
Association Amigos de Colombia
Association de Musicos Latino Americanos
Association for the Advancement of Mexican Americans
Association of Hispanic Advertising Agencies (AHAA)
Association Puertoriquena de Diabetes
Association Puertoriquena del Pulmon
Association Tepeyac de Nueva York
Bilingual Foundation of the Arts
California Latino Medical Association, Kern County Chapter
Camara de Empresarios Latinos de Houston
Central American Resource Center
Centro Cultural Cubano of San Antonio, Texas
Charros Unidos de Madera
Chicano Studies Dept., California State University, Fresno
Club Columbia USA, Inc.
Club Latinoamericano del Valle Central
Comite Patriotico Mexicano de Houston
Conference on Dominican Affairs
Council of Spanish Speaking Organizations of Philadelphia, Inc (CONCILIO)
Cuban American National Council, Inc.
Dallas Concilio of Hispanic Service Organizations
Dia de la Mujer Latina, Inc.
Frente Indigena Oaxaqueno Binacionel
Fresno County Hispanic Commission on Alcohol & Drug Abuse Services, Inc.
Guadalupe Community Center
Guadalupe Cultural Arts Center
Gulfton Area Neigborhood Organization and Central American Refugee Center
Hispanic Chamber of Commerce, Central California
Hispanic Chamber of Commerce, City of Visalia
Hispanic Chamber of Commerce, Greater Dallas
Hispanic Chamber of Commerce, Kern County
Hispanic Chamber of Commerce, Sacramento
Hispanic Chamber of Commerce, Stanislaus County
Hispanic Chamber of Commerce, State of Georgia
Hispanic Chamber of Commerce, State of North Carolina
Hispanic Chamber of Commerce, Tulare Kings
Hispanic Directors Association of New Jersey
Hispanic National Bar Association
Hispanic Parade Committee
Hispanic Women's Network of Texas, Dallas Chapter
Hispanics Organized for Political Education
Hispanos Pro Educacion
Latin American Community Center
Latin American Kiwanis of Mid-Hudson
Latin Business Association (LBA)
Latino Commission on AIDS
Latino Organization for Liver Awareness
League of United Latin American Citizens (LULAC)
Mexican American Business and Professional Women's Club of San Antonio, Inc.
Mexican American Community Services Agency, Inc. (MACSA)
Mexican American Grocers Association
Mexican American Physicians Association of South Texas
Mexican Fine Arts Center Museum
Mexican Institute of Greater Houston, Inc.
Mexican-American Association of Southern New Jersey
Miami Hispanic Ballet/International Ballet Festival of Miami
Movimiento de Arte y Cultura Latino Americana (MACLA)
National Council of La Raza
National Hispanic Corporate Council
National Hispanic Employee Association
National Hispanic Foundation for the Arts
National Hispanic Media Coalition
National Hispanic Women's Corporation
National Latino Children's Institute
National Latino Peace Officers Association
National Puerto Rican Coalition
NY State Federation of Hispanic Chambers of Commerce
Puerto Rican Arts Alliance
Puerto Rican Professionals Association
Puerto Rico Community Foundation
Puerto Rico Lung Association
Puerto Rico Youth at Risk, Inc.
Save Latin America, Inc.
Spanish Coalition for Jobs, Inc.
Taller Puertorriqueno, Inc.
The Mexican Museum
Unidad Hondurena/Honduran Unity
United States Hispanic Leadership Institute (USHLI)
Universidad Nacional Autonoma de Mexico. S.A. Branch