Time Warner Cable (NYSE: TWC) and Univision today announced a comprehensive program carriage agreement under which Time Warner Cable has secured long term retransmission consent for carriage of Univision’s owned and operated broadcast stations and distribution rights for the cable network, Galavisión, and the network feeds for Univision and TeleFutura. This agreement includes, in certain markets, carriage of affiliated stations owned and operated by Entravision Communications Corporation (NYSE:EVC) and Equity Media Holdings Corporation.
In addition, Univision will partner with Time Warner Cable to deliver enhanced video services including Start Over and Look Back, as well as extensive video on demand and broadband offerings.
“Univision’s local programming is extremely important to us and our customers so we are very glad that we were able to renew our partnership agreement with them,” said Melinda Witmer, Executive Vice President and Chief Programming Officer for Time Warner Cable. “Our customers will benefit from this new arrangement, as it represents an exciting long-term expansion of our relationship with Univision for Spanish-language programming.”
“This agreement is further evidence of Time Warner Cable’s commitment to Hispanic audiences,” said Tonia O’Connor, Executive Vice President, Distribution Sales and Marketing, Univision Communications Inc. “Hispanics represent a growth opportunity for distributors and our goal in this highly competitive environment is to build long-term partnerships that tap into the power of our brand, deliver top quality programming, leverage our multiplatform offerings and provide innovative products to our audiences.”
According to the Pew Research Center, Hispanics account for approximately 50 percent of the population growth in the U.S. and in some markets such as Los Angeles and New York, they make up between 20 and close to 50 percent of the population.
Univision Communications is a leading integrated media company in the U.S., with one of the top five television networks in America regardless of language – which is the #1 Spanish-language broadcast television network; the #1 television station in the country regardless of language; the #1 Spanish-language cable network; the #1 Spanish-language radio group and the #1 U.S. Spanish-language Internet portal.
Other terms of the agreement were not disclosed.
About Time Warner Cable:
Time Warner Cable is the second-largest cable operator in the U.S., with technologically advanced, well-clustered systems located mainly in five geographic areas — New York State (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas. As of December 31, 2008, Time Warner Cable and Time Warner Cable Business Class together served more than 14 million residential and commercial customers who subscribed to one or more of its video, high-speed data and voice services. Time Warner Cable Media Sales, the advertising arm of Time Warner Cable, offers national, regional and local companies with innovative advertising solutions that are targeted and affordable. More information about the services of Time Warner Cable is available at www.timewarnercable.com, www.twcbc.com and www.twcmediasales.com.
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 Interactive Media, which includes http://www.univision.com, the premier Spanish-language Internet destination in the U.S., and Univision Móvil, the industry’s most comprehensive Spanish-language suite of mobile offerings. 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