History
Univision Communications, Inc. was founded in 1992 by businessman A. Jerrold Perenchio, Televisa and Venevision when the Univision Network was acquired from Hallmark Cards.
From September 1996 to April 2007, Univision Communications, Inc. traded in the New York Stock Exchange under the symbol UVN.
In 2001, Univision Communications, Inc. acquired USA Broadcasting, the station group of USA Networks, which included 13 full-power television stations. Most of these stations became part of a new network called TeleFutura. Others joined Univision.
In March 2007, Univision Communications, Inc. was sold to Broadcasting Media Partners, Inc. which includes Madison Dearborn Partners, LLC, Providence Equity Partners Inc., TPG Capital, L.P., Thomas H. Lee Partners, L.P., and Saban Capital Group Inc.
In May 2008, Univision Music Group was sold to Universal Music Group and combined with its Latin label to become Universal Music Latin Entertainment.
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