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Univision Communications Inc to Acquire Digital Media Assets from Gawker Media for $135 Million
UNIVISION COMMUNICATIONS INC TO ACQUIRE DIGITAL MEDIA ASSETS FROM GAWKER MEDIA FOR $135 MILLION Acquisition of Digital Assets will Reinforce UCI’s Digital Strategy and is Expected to Increase Fusion Media Group’s Digital Reach to Nearly 75 Million Uniques, Building on Recent Investments in FUSION, The Root and The Onion NEW YORK – AUGUST 18, 2016 – Univision Communications Inc. (UCI) today announced it has entered into an agreement to acquire digital media assets as part of the bankruptcy proceedings of Gawker Media Group, Inc. and related companies that produce content under a series of original brands that reach nearly 50 million readers per month, according to comScore. UCI will acquire the digital media assets for $135 million, subject to certain adjustments, and these assets will be integrated into Fusion Media Group (FMG), the division of UCI that serves the young, diverse audiences that make up the rising American mainstream. The deal, which will be accounted for as an asset purchase, includes the following digital platforms, Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker and Kotaku. UCI will not be operating the Gawker.com site. With this strategic acquisition, FMG’s digital reach is expected rise to nearly 75 million uniques, or 96 million uniques when including its extended network. The acquisition will further enrich FMG’s content offerings across key verticals including iconic platforms focused on technology (Gizmodo), car culture (Jalopnik), contemporary women’s interests (Jezebel) and sports (Deadspin), among others. The deal builds on UCI’s recently announced creation of FMG and investments in FUSION, The Root and The Onion, which includes The A.V. -
Michelle Chiang
EXPERIENCE JUN 2018–CURRENT Senior Product Designer Ticketmaster/Live Nation, Los Angeles CA Ideate and collaborate with design, product, and engineering teams for Ticketmaster’s B2B Enterprise product and software. Daily tasks include improving and building upon features that artist agents, promoters, box office managers, and internal support teams use to connect with, interact with, and to better serve fans with unforgettable experiences. NOV 2015–MAY 2018 Senior Product Designer Gizmodo Media Group/Fusion Media Group, New York NY Work closely with tech, product, and business on building tools and features for our publishing platform. Site brands include: Deadspin, Gizmodo, Jalopnik, Jezebel, Kotaku, Kinja Deals, Lifehacker, The Root, Splinter, The A.V. Club, ClickHole, and The Onion. Day-to-day tasks involve researching, ideating, testing, and creating a cohesive experience across all sites, for both editors and readers. JUL 2015–APR 2016 UI/UX/Product Designer Consultant for Various Start-ups Work with start-up clients in retail, e-commerce, and healthcare insurance industries. I lead the design direction while collaborating closely with lead engineers and CEOs to define brand identity, release iPhone app features, and launch web apps. OCT 2011–JUL 2015 Senior Product Designer LearnVest.com, New York NY MICHELLE CHIANG Concept and create web and mobile products/features, interaction design, michellechiang.com | [email protected] wireframes, user flows, A/B testing, and marketing campaigns. Work closely with the UX and engineering teams in an agile environment. Projects involve researching, brainstorming, sketching, prototyping, and user testing. MAY 2009–JUL 2011 Senior Designer and Supervisor VCU Recreational Sports, Richmond VA Develop various print and digital materials including: course promotions, Outdoor Adventure Program event listings, banners, posters, and shirt designs. -
Leading Television Broadcasters Name John Hane President of Spectrum Consortium
LEADING TELEVISION BROADCASTERS NAME JOHN HANE PRESIDENT OF SPECTRUM CONSORTIUM BALTIMORE, Maryland and IRVING, Texas – January 31, 2018 – Spectrum Co, LLC (“Spectrum Co”), the ATSC 3.0 spectrum consortium founded by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”) and Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and for which Univision Local Media, Inc. (“Univision”) has signed a Memorandum of Understanding to join, announced today that John Hane has been named President. Mr. Hane most recently served as a partner in the Washington, D.C. office of Pillsbury Winthrop Shaw Pittman LLP, a global law firm with a leading technology practice, where he primarily focused on counseling clients in telecom, broadcast and technology sectors and was deeply involved in matters related to the development and regulatory approval of ATSC 3.0 (“NextGen”). A “go-to” advisor on spectrum matters, before joining Pillsbury Mr. Hane led a large satellite and wireless network development group. He is the inventor or co-inventor of four patents related to wireless and satellite spectrum. Mr. Hane’s appointment reflects the consortium’s shared goal of promoting spectrum utilization, innovation and monetization by advancing the adoption of the ATSC 3.0 transmission standard across the broadcast industry. As President of Spectrum Co., he will oversee the development of the newly- formed entity as it pursues advanced nationwide business opportunities made available by the NextGen standard and aggregation of spectrum bandwidth. John Hane commented, “The consortium’s strong commitment to innovation and the advancement of the local broadcast television industry through future digital technology capabilities, were strong factors in attracting me to this position. -
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT of NEW YORK ------X in Re: : : Chapter 11 GAWKER MEDIA LLC, Et Al., : Case No
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------X In re: : : Chapter 11 GAWKER MEDIA LLC, et al., : Case No. 16-11700 (SMB) : Debtors. : --------------------------------------------------------X MEMORANDUM DECISION DENYING MOTION TO ENJOIN PLAINTIFFS FROM CONTINUING STATE COURT ACTION AGAINST RYAN GOLDBERG A P P E A R A N C E S: SAUL EWING ARNSTEIN & LEHR LLP 1270 Avenue of the Americas, Suite 2005 New York, NY 10020 Sharon L. Levine, Esq. Dipesh Patel, Esq. Of Counsel — and — WILLIAMS & CONNOLLY LLP 725 Twelfth Street, N.W. Washington, D.C. 20005 Thomas G. Hentoff, Esq. Chelsea T. Kelly, Esq. Of Counsel Co-Counsel to Ryan Goldberg GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP 711 Third Avenue New York, New York 10017 Jonathan L. Flaxer, Esq. Michael S. Weinstein, Esq. Of Counsel — and — HARDER LLP 132 S. Rodeo Dr., 4th Floor Beverly Hills, California 90212 Dilan A. Esper, Esq. Of Counsel Co-Counsel to Pregame LLC and Randall James Busack1 STUART M. BERNSTEIN United States Bankruptcy Judge: The confirmed Plan in these cases2 included a third-party release in favor of the Debtors’ employees and independent contractors (collectively, the “Providers”) who provided content for publication on the Debtors’ websites (the “Provider Release”). However, the Provider Release only barred lawsuits brought by an entity “that has received or is deemed to have received distributions made under the Plan.”3 In a subsequent state court lawsuit described in In re Gawker Media LLC, 581 B.R. 754 (Bankr. S.D.N.Y. 2017) (“Gawker”), Pregame LLC and Randall James Busack (collectively, the “Plaintiffs”) sued Gizmodo Media Group LLC (“Gizmodo”), the purchaser of substantially all of the Debtors’ assets, and Ryan Goldberg, a Provider, for defamation and related claims based on the Debtors’ publication of an article Goldberg had authored. -
Carnival Corporation Announces Partnership with Univision Communications with Launch of New Primetime Show - 'La Gran Sorpresa'
Carnival Corporation Announces Partnership with Univision Communications with Launch of New Primetime Show - 'La Gran Sorpresa' December 18, 2017 Making its debut on Sunday, January 7, the O·C·E·A·N original series from the world's largest leisure travel company unites families through travel to engage growing Hispanic community MIAMI, Dec. 18, 2017 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, today announced it is partnering with Univision Communications Inc. (UCI) – the leading media company serving Hispanic America – to develop the first O·C·E·A·N primetime series. The show will air on Sundays at 8 p.m. ET/PT / 7 p.m. CT beginning January 7 on the Univision Network. 'La Gran Sorpresa' (The Great Surprise) uses the power of travel to reunite families as they overcome hardships created by illness, separation and other challenges. The one-hour program is hosted by award-winning television personality Poncho de Anda. For the series' first six episodes, de Anda will be joined by several well-known personalities, including Univision Deportes' Karina Banda; "Despierta America's" Franscisca Lachapel and Maity Interiano; and Ligia Uriarte of Univision's primetime dramedy, "Mi Marido Tiene Familia." In its first season, the series surprises a number of families as they sail aboard ships from Carnival Cruise Line, Princess Cruises and Holland America Line – three of Carnival Corporation's nine global cruise brands – to exotic destinations including Cozumel (Mexico), Mahogany Bay (Honduras) and Half Moon Cay (Bahamas). "Based on the exceptionally positive viewing results that exceed all other travel-related shows and the increased interest in cruise vacations our shows continue to generate, we are very excited to partner with Univision on 'La Gran Sorpresa' and build on their strong connection with the Hispanic community," said John Padgett, chief experience and innovation officer for Carnival Corporation. -
Veteran News Executive Susie Banikarim Joins Vice News As Evp and Global Head of Newsgathering
VETERAN NEWS EXECUTIVE SUSIE BANIKARIM JOINS VICE NEWS AS EVP AND GLOBAL HEAD OF NEWSGATHERING Banikarim to lead daily news coverage and key newsroom operations as VICE continues to expand its award-winning news division VICE bolsters its newsroom with a raft of recent hires and promotions including Emmy®-winning correspondent Seb Walker named Washington DC Bureau Chief December 11, 2019 - Brooklyn, NY -- It was announced today by Jesse Angelo, President, Global News and Entertainment, VICE Media Group, that award-winning news and digital executive Susie Banikarim will join as Executive Vice President and Global Head of Newsgathering, VICE News starting January 6, 2020. In this new senior leadership role, Banikarim will oversee newsgathering functions and daily newsroom operations for all of VICE News’ bureaus working across New York, Washington DC, London and LA as well as the news organization’s multi-award winning digital and social divisions. Serving as one of the newsroom’s most senior strategic leaders, Banikarim will be responsible for strengthening VICE News’ daily operation and global editorial strategy for VICE News Digital, which has a footprint in 25 countries. Working alongside Subrata De, Senior Executive Producer, Long Form, and Maral Usefi, Executive Producer, News, Banikarim will marshall numerous reporting teams as VICE News continues to grow on new platforms, including audio and through dynamic documentary partnerships with Hulu and Showtime. Together with Morgan Hertzan, Executive Vice President and General Manager, VICE Television, the VICE News team is bringing increased news and documentary programming across VICE’s TV channel, including VICE News Reports and the relaunch of the Emmy Award-winning nightly news show VICE News Tonight returning in 2020. -
Univision Communications Inc. to Host Q4 2018 Conference Call on February 14, 2019 ______
PRESS RELEASE UNIVISION COMMUNICATIONS INC. Investor Contact: Media Contact: Adam Shippee Bobby Amirshahi (646) 560-4992 646-560-4902 [email protected] [email protected] Univision Communications Inc. Univision Communications Inc. UNIVISION COMMUNICATIONS INC. TO HOST Q4 2018 CONFERENCE CALL ON FEBRUARY 14, 2019 ______________________________________________________________________________ MIAMI – February 7, 2019 – Univision Communications Inc., the leading media company serving Hispanic America, will conduct a conference call to discuss its fourth quarter 2018 financial results at 11:00 a.m. ET/8:00 a.m. PT on Thursday, February 14, 2019. A press release summarizing its fourth quarter 2018 financial results will be available on Univision’s website at investors.univision.net/financial-reports/quarterly-reports at the opening of business on Thursday, February 14, 2019. To participate in the conference call, please dial (877) 317-3841 (within U.S.) or (409) 202-2999 (outside U.S.) fifteen minutes prior to the start of the call and provide the following pass code: 7297575. A playback of the conference call will be available beginning at 2:00 p.m. ET, Thursday, February 14, 2019, through Thursday, February 28, 2019. To access the playback, please dial (855) 859-2056 (within U.S.) or (404) 537-3406 (outside U.S.) and enter reservation number 7297575. About Univision Communications Inc. Univision is the leading media company serving Hispanic America. The company’s broadcast assets include Univision Network, one of the top television networks in the U.S. regardless of language and the most-watched Spanish-language broadcast network in the country; UniMás, a leading Spanish-language broadcast television network; and Univision Local Media, which owns and/or operates 65 television stations and 58 radio stations in major U.S. -
Hispanic Media Today Serving Bilingual and Bicultural Audiences in the Digital Age
PUBLIC SQUARE PROGRAM Oscar Ortega / Nuestra Voz Hispanic Media Today Serving Bilingual and Bicultural Audiences in the Digital Age BY JESSICA RETIS MAY 2019 About the Author Jessica Retis is an Associate Professor of Journalism at California State University Northridge. She earned a B.A. in Communications (Lima University, Peru), a master’s in Latin American Studies (UNAM, Mexico), and a Ph.D. in Contemporary Latin America (Complutense University of Madrid, Spain). Her research interests include migration, diasporas and the media, and US Latino & Latin American cultural industries. Her work has been published in journals in Latin America, Europe, and North America. She is co- editor of The Handbook of Diaspora, Media and Culture (Wiley, 2019). Recent book chapters: “Hashtag Jóvenes Latinos: Teaching Civic Advocacy Journalism in Glocal Contexts” (2018); “The transnational restructuring of communication and consumption practices. Latinos in the urban settings of global cities” (2016); and “Latino Diasporas and the Media. Interdisciplinary Approaches to Understand Transnationalism and Communications in Global Cities” (2014). About Democracy Fund Democracy Fund is a private foundation created by eBay founder and philanthropist Pierre Omidyar to help ensure our political system can withstand new challenges and deliver on its promise to the American people. Democracy Fund has invested more than $100 million in support of a healthy democracy, including for modern elections, effective governance, and a vibrant public square. To learn more about Democracy Fund’s work to support engaged journalism, please visit http://www.democracyfund.org. About Our Cover Photo “Nuestra Voz” show is part of the progressive Spanish Language Programming at the alternative and non-comercial radio station “KPFK Pacifica Radio 90.7 FM Los Angeles.” Nuestra Voz (Our Voice) has been on air for more than 16 years, and it has always provided a voice to the Latino community in SoCal, as well as throughout Latin America. -
Univision Communications Inc. Announces 2017 Fourth Quarter Results
PRESS RELEASE UNIVISION COMMUNICATIONS INC. Page 1 of 19 UNIVISION COMMUNICATIONS INC. ANNOUNCES 2017 FOURTH QUARTER RESULTS TOTAL REVENUE OF $780.7 MILLION COMPARED TO $846.5 MILLION TOTAL CORE REVENUE OF $746.7 MILLION COMPARED TO $768.9 MILLION NET INCOME OF $386.7 MILLION COMPARED TO NET INCOME OF $108.0 MILLION ADJUSTED OIBDA OF $347.0 MILLION COMPARED TO $390.1 MILLION ADJUSTED CORE OIBDA OF $316.4 MILLION COMPARED TO $323.0 MILLION NEW YORK, NY – February 15, 2018 – Univision Communications Inc. (the “Company”), the leading media company serving Hispanic America, today announced financial results for the fourth quarter and year ended December 31, 2017. Fourth Quarter 2017 Results Compared to Fourth Quarter 2016 Results • Total revenue decreased 7.8% to $780.7 million from $846.5 million. Total core revenue1 decreased 2.9% to $746.7 million from $768.9 million. • Net income attributable to Univision Communications Inc.2 was $386.7 million compared to $108.0 million. • Adjusted OIBDA3 decreased 11.0% to $347.0 million from $390.1 million. Adjusted Core OIBDA4 decreased 2.0% to $316.4 million from $323.0 million. • Interest expense decreased to $98.4 million from $115.0 million. • The Company continued to deleverage and has reduced total indebtedness, net of cash and cash equivalents by $155.7 million for the fourth quarter of 2017. Full Year 2017 Results Compared to Full Year 2016 Results • Total revenue decreased 0.8% to $3,016.4 million from $3,042.0 million. Total core revenue increased 2.6% to $2,906.8 million from $2,832.2 million. -
The Status of Women in U.S. Media 2019
2019 2019 Copyright 2019 Women’s Media Center. No part of this publication can be reproduced without permission in writing from the Women’s Media Center. WOMEN’S MEDIA CENTER The Status of Women in the U.S. Media 2019 womensmediacenter.com Table of Contents 2 WOMEN UNDER SIEGE SPEECH SHESOURCE PROJECT FEATURES THE WOMEN’S MEDIA CENTER WORKS TO MAKE WOMEN VISIBLE AND POWERFUL IN THE MEDIA Founded in 2005 by Jane Fonda, Robin Morgan, and Gloria Steinem, the WMC is an inclusive and feminist organization that works to ensure women’s realities are covered and women’s voices are heard. WMC works to make women visible and powerful in the media. We do so by promoting women as decision makers and as subjects in media; training women to be media ready and media savvy; researching and exposing sexism and racism in media; and creating original online and on-air journalism. Our media programs that address the problems of unequal representation and misrepresentation of women in media include interconnected strategies that: n Recruit and place diverse women experts in the n Research, document, and produce reports that media — print, broadcast, radio, Internet, highlight the status of women in U.S. media, equip social media, and media leadership through activists with evidence, and create benchmarks WMC SheSource. to hold media accountable for sexist and racist n Train diverse women experts to be effective in coverage. media, and increase their thought leadership n Advocate before government officials and through WMC Progressive Women’s Voices agencies on policies affecting women’s access to and other customized training and leadership media and technology, ownership of media and programs. -
NXST-SBGI Consortium Adds Univision 6-1-17 FINAL
NEWS ANNOUNCEMENT For Immediate Release UNIVISION LOCAL MEDIA JOINS THE SINCLAIR AND NEXSTAR CONSORTIUM TO PROMOTE BROADCAST SPECTRUM AGGREGATION, INNOVATION AND MONETIZATION IRVING, Texas and BALTIMORE, Maryland – June 1, 2017 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar”) and Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) ("Sinclair"), (together referred to as “the Parties”) announced today that Univision Local Media, Inc. (“Univision”) is now a party to the memorandum of understanding regarding the establishment of a consortium that will promote spectrum aggregation, innovation and monetization and enhance their abilities to compete in the wireless data transmission sector. The consortium, has agreed to collaborate on a non-exclusive basis and continues to welcome the inclusion of other television broadcasting entities. Together, Nexstar, Sinclair and Univision reach approximately 90% of the country. The consortium, which was jointly announced by Nexstar and Sinclair in March, will promote innovation and develop and explore products and services associated with ATSC 3.0 and monetization opportunities such as spectrum utilization, virtual MVPD platforms, multicast channels, automotive applications, single frequency networks and wireless data applications, among others. Perry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Media Group, Inc. commented, “We are delighted to welcome Univision to the consortium to advance the industry’s benefits from the ATSC 3.0 broadcast standard. Univision shares our enthusiasm for the new technology which will allow our industry to continue to thrive in today’s multi-platform world. Their unparalleled reach to Hispanic America makes them a significant addition to the consortium and our collaborative efforts to advance the promotion of spectrum utilization, innovation and monetization, will enable us to bring its ground breaking benefits to broadcasters, viewers and advertisers.” Chris Ripley, President and Chief Executive Officer of Sinclair Broadcast Group, Inc. -
Univision to Lay Off 6% of Its Workforce
Univision to Lay Off 6% Of Its Workforce 11.16.2016 Univision will lay off nearly 6 percent of its workforce - between 200 and 250 people - the company confirmed on Wednesday. The trims are "in response to difficult times," Isaac Lee, Univision chief of digital, entertainment and news, told The Washington Post. "Constantly adjusting our scale and our processes is a reality of the business we are all in, and is not unique to us," he said in a memo to staffers, as reported by Deadline. The cuts "come as we look to strategically bring together several distinct digital media companies into one powerful and nimble digital publishing entity, with many distinct passion points for many distinct, growing groups of readers, listeners and viewers." Univision saw a downturn in its third quarter, reporting an 8 percent net loss of $30.5 million on total revenue of $735 million. Univision is restructuring as it tries to serve a younger audience. Last summer, Univision acquired Gawker Media, now called Gizmodo Media Group (GMG), for $135 million, getting the company in a sort of fire sale after it had to pay pro wrestler Hulk Hogan $140 million after posting without permission a sex tape that featured Hogan. Univision is consolidating several acquisitions into the GMG, including former Gawker sites Deadspin, Jezebel, Gizmodo, Lifehacker, Kotaku and Jalopnik. Also being moved into the group are Fusion.net, the website of the millennial-focused TV network by the same name, and The Root, targeted at African-American culture. Raju Narisetti - formerly of The Wall Street Journal, The Washington Post and News Corp.