Univision-ABC joint channel to be headquartered in Miami
Gabriel Miramar-Garcia | 11-10-2012
ABC News and Univision News have announced their joint venture news and lifestyle network for U.S. Hispanics will be based in Miami, Florida.
"This is a continuation of Univision's investment in Miami-Dade County and the State of Florida," said Cesar Conde, president of Univision Networks. "The Miami-based operation will be the largest of its kind with state-of-the-art production capabilities that will generate new jobs and attract television's brightest talent to South Florida."
The joint venture will have the support of Enterprise Florida, the State of Florida's economic development agency, as well as The Beacon Council, Miami-Dade County's economic development partnership.
The previously announced English-language channel will be dedicated to "informing, empowering and inspiring Hispanic Americans, while providing all audiences uncompromising coverage of current events with a unique perspective," the companies said. The as-yet-unnamed television network is expected to launch in 2013. Editorial coverage will focus on the issues most relevant for U.S. Hispanics, including the economy, entertainment, music, food, immigration, education, politics, health and wellness and more.
ABC News and Univision News also have begun putting the digital pieces in place with the hire of seasoned digital media executive Miguel Ferrer, who will be the first executive producer for digital for the new company. He will oversee all digital properties and work closely with the ad sales, distribution and editorial teams. Ferrer was most recently the managing editor of the Huffington Post's Black Voices, Latino Voices (English-language) and Voces (Spanish-language) sites.
The new channel is aiming to serve more than 50 million Hispanics, the youngest and fastest-growing demographic in the country. Currently, Hispanics represent 16% of the total population in the United States, a number that is projected to double to 30% by 2050. Hispanics wield considerable spending power of over $1 trillion, and have an increasing impact on social, economic and political trends.