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Published in Stocks and Investing on Tuesday, January 6th 2009 at 13:43 GMT, Last Modified on 2009-01-06 13:44:35 by Market Wire🞛 This publication is a summary or evaluation of another publication
NEW YORK--([ BUSINESS WIRE ])--Univision Communications Inc., the premier Spanish-language media company in the United States, and Comcast Corporation (Nasdaq:CMCSA) (Nasdaq:CMCSK), the nation's leading provider of cable, entertainment and communications products and services, announced today a multi-year agreement for carriage of Univision's owned and operated broadcast stations and affiliated stations owned and operated by Entravision Communications Corporation (NYSE:EVC), Fisher Communications, Inc. (NASDAQ:FSCI) and Equity Media Holdings Corporation. The agreement includes distribution of the cable network, Galavisión, and, outside of station markets, the network feeds for Univision and TeleFutura.
Terms of the agreement, which is effective immediately, were not disclosed.
Univision Communications is a leading and integrated media company in the U.S., with one of the top five networks in America regardless of language and a second leading Spanish-language network, the #1 Spanish-language cable network, the #1 Spanish-language radio group and the #1 U.S. Spanish-language portal.
With 24.4 million cable customers, 14.7 million high-speed Internet customers, and 6.1 million Comcast Digital Voice customers, Comcast ([ www.comcast.com ]) is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content. Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net ([ www.comcast.net ]). Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia. Comcast Class A common stock and Class A Special common stock trade on The NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.
Univision Communications Inc. is the premier 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, a general-interest Spanish-language broadcast television network, which was launched in 2002 and now reaches 85% of U.S. Hispanic Households; Galavisión, the country's leading Spanish-language cable network; Univision Television Group, which owns and operates 64 television stations in major U.S. Hispanic markets and Puerto Rico; Univision Radio, the leading Spanish-language radio group which owns and/or operates 70 radio stations in 16 of the top 25 U.S. Hispanic markets and 5 stations in Puerto Rico; and Univision Online, the premier Spanish-language Internet destination in the U.S. located at [ http://www.univision.com ]. Univision Communications also has a 50% interest in TuTv, a joint venture formed to broadcast Televisa's pay television channels in the U.S. Univision Communications has television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States.
For more information, please visit [ www.univision.net ].