Deadline.com: Univision Chief Says His Viewers Are More Loyal Than CBS’

Deadline.com

Univision Chief Says His Viewers Are More Loyal Than CBS' Jul 25th 2013, 19:34, by DAVID LIEBERMAN, Financial Editor With television’s No. 1 network, CBS chief Les Moonves is one of the most confident-sounding execs in media. But Univision CEO Randy Falco sounded even more assured about his network’s popularity in a conference call with investors today. One asked whether he’s concerned that a pay TV operator might refuse to pay up to carry Univision’s Spanish language stations after seeing CBS struggle to reach a deal with Time Warner Cable. “We have a different offering than CBS,” Falco says. “I'm sure they're important to their viewers. But we are critically important…We have a closer tie to our Spanish speaking audiences” than any English language service has with its viewers. “Distributors agree with us.” The company underscored that by announcing that it has a retransmission agreement with Cox, which means it’s solid for now with six of the nine biggest pay TV distributors. The exceptions are pretty significant, though: Comcast, Time Warner Cable, and Charter. Univision disclosed today that it generated $40.7M in net income in Q2, +28% vs the period last year, on revenues of $676.5M, +10.4%.

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