TelevisaUnivision (formerly known as Univision Communications) is a Mexican-American media company headquartered in Miami and Mexico City that owns American Spanish language broadcast network Univision and free-to-air channels in Mexico such as Las Estrellas, Canal 5, Foro, and NU9VE alongside a collection of specialty television channels and production studios.

It is currently a multimedia conglomerate, with free-to-air and specialty, digital and audio networks, including 65 television stations, online and mobile apps and products.

[5][6][7][8] Univision Communications Inc. was founded in 1962; 63 years ago (1962), as Spanish International Communications Corporation (parent of Spanish International Network) by Rene Anselmo, an American-Mexican TV executive Emilio Nicolas Sr., owner of KUAL-TV (now KWEX-DT) in San Antonio, and Mexican radio-TV magnate Emilio Azcárraga Vidaurreta, head of Telesistema Mexicano (now Televisa).

On April 8, 1992, Hallmark sold Univision Communications to a group that included Los Angeles-based investor A. Jerrold Perenchio (a former partner in Norman Lear's Embassy Communications, who was outbid by the Hallmark-led consortium for the network in 1987), Emilio Azcárraga Milmo, and brothers Ricardo and Gustavo Cisneros (co-owners of Venezuelan broadcaster Venevision) for $550 million, in order to refocus its television operation efforts on cable provider Cencom Cable Associates, which it acquired the previous year for about $500 million.

The deal placed Univision under common ownership with competing cable channel Galavisión, which the Azcárraga-run Grupo Televisa owned at the time.

[20] Under Falco, the company began to expand its platforms, including launching new cable networks such as Univision Deportes Network and Univision Tlnovelas, as well as English-language properties targeting Hispanic audiences such as Flama (a YouTube channel featuring content aimed toward Hispanic young adults),[21] and Fusion, a news channel operated as a joint venture with Disney–ABC Television Group.

[36] Under Sadusky, the company began to backpedal on its attempts to diversify into English-speaking markets, electing to focus more on its core Spanish-language properties targeting Hispanics.

[38][39][40] On February 25, 2020, private investment firms Searchlight Capital Partners and ForgeLight (launched by founder & CEO & ex-Viacom CFO Wade Davis) agreed to acquire 64% controlling stake in the company held by its investment group ownership, while minority owner Televisa would continue to hold its 36% stake.

[47] In September 2022, TelevisaUnivision completed the acquisition of American OTT streaming service Pantaya from Hemisphere Media Group in exchange for cash and select Puerto Rican radio assets, including San Juan-based WKAQ (AM) and WKAQ-FM.

[51][52] In November 2023, TelevisaUnivision faced serious backlash from Democrats and the Hispanic community when network executives decided to air an exclusive hourlong interview with former President Donald Trump on Univision in Spanish and UNIMAS and ViX in English with Spanish subtitles, despite Trump's vulgar comments towards the Hispanic community.

[53][54][55] On December 2, 2024, TelevisaUnivision CEO Daniel Alegre announced that, as part of a major restructuring plan, it would be laying off a “mid to high single digit percentage” of its workforce (between 5-9%, or 120 people, of its 14,000 staff), both in the US and Mexico “with the goal of reforming our position for 2025 and beyond.” The company is facing challenges like cord-cutting and an unsettled ad market.

[56] TelevisaUnivision's portfolio of properties consists of broadcast, cable, and digital networks, as well as consumer products and brand licensing.

TelevisaUnivision also operates a subsidiary called Televisa Networks (often recognized within the entertainment industry by its previous moniker, Visat).

Univision News has been recognized with the Peabody, Walter Cronkite and Gracies awards for its special "Entre el abandono y el rechazo"; the King of Spain International (Digital) Journalism Award for "Niños de la Frontera" part of Univision Noticia's La Huella Digital; and GLAAD Media Awards in the categories Outstanding Local TV Journalism for "Cobertura de Spirit Day" by Noticias 34 (KMEX-Univision 34) and Outstanding Documentary for "Identidad sin fronteras" part of Panorámica, a Univision/Pivot co-production.