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Univision Communications Elije a Michael O. Johnson para su Junta de Directores
Los Angeles, CA -- Univision Communications Inc. (NYSE: UVN), the leading Spanish-language media company in the U.S., today announced that Michael O. Johnson has been elected to the Company’s Board of Directors and will serve as a member of the Board’s Audit Committee. Johnson will fill the vacancy created by the resignation of Fernando Aguirre on February 18, 2005.
Johnson currently serves as Chief Executive Officer of Herbalife Ltd. (NYSE: HLF), a global network marketing company that sells weight management, nutritional supplement and personal-care products. Prior to joining Herbalife in 2003, Johnson spent 17 years at the Walt Disney Corporation where he headed the Company’s Worldwide Video Group, restructuring its video business model and market presence, and acted as President of Disney International, where he devised and launched Disney’s “Disney I” subscription entertainment business. Johnson has also served as Publisher of Audio Times magazine and as a marketing executive for Warner Amex Satellite Entertainment Company.
“I am pleased to welcome Michael Johnson to the Board as an independent director, and am certain that his experience and expertise in the entertainment industry will be a valuable resource as Univision is met with increasingly greater opportunities going forward,” said A. Jerrold Perenchio, Chairman and Chief Executive Officer, Univision Communications Inc. “Michael’s past achievements have given him unique insight into varying aspects of the industry and manners of improving value for shareholders.”
“As the leading Spanish-language media company, Univision is continually redefining the U.S. entertainment landscape and I am extremely proud to serve on the Board of Directors for such a dynamic and forward-moving Company,” said Johnson.
“Univision’s management team has done an exceptional job leading the Company. I look forward to contributing to its momentum with the views and skills I have attained through my many years of experience in the entertainment industry.”
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 98% 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; Univision Television Group, which owns and operates 27 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 33 TeleFutura Network television stations; Galavisión, the country’s leading Spanish-language cable network; Univision Radio, the leading Spanish-language radio group which owns and/or operates 66 radio stations in 17 of the top 25 U.S. Hispanic markets and 4 stations in Puerto Rico; Univision Music Group, which includes Univision Records, Fonovisa Records, and a 50% interest in Mexico-based Disa Records labels as well as Fonomusic and America Musical Publishing companies; and Univision Online, the premier Spanish-language Internet destination in the U.S. located at 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., and a non-voting 27% interest in Entravision Communications Corporation, a public Spanish-language media company. Univision Communications is headquartered in Los Angeles with 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.
| Contacto: |
Diana Vesga
Univision Communications Inc.
310-556-7695
Stephanie Pillersdorf/Brooke Morganstein
Citigate Sard Verbinnen
212-687-8080
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