Univision, the top Spanish-language network and the fifth largest television network in the US, plans to launch three new cable channels in the next year in an effort to solidify its hold on the growing Latino market.One channel will be devoted to telenovelas, another to sports including football games, and the third to news.
The Spanish-language soaps have won the network top ratings in primetime viewing, and the new channel will capitalize on the continued popularity. Univision will tap its Mexican programming partner, Grupo Televisa, which produces a library of popular telenovelas, to fill the proposed telenovela channel.
The New York-based communications giant will also unveil 500 hours of new original productions scheduled for primetime and late night, including more telenovelas.
The network boasts an 8 percent increase in year-over-year audience growth in the 18-49 demographic, over English-language US networks, ABC, CBS, NBC and Fox. This reflects the fast-growing segment of 50 million Latinos living in the US, 16 percent of the population, according to 2010 census data. From 2000 to 2010, the Hispanic population grew 43 percent.
That's fantastic news.
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