A new report says Univision, which has been the dominant Spanish-language broadcaster in the U.S. for decades, is a “teetering giant,” saddled with a huge debt load and facing increased competition from NBC-owned Telemundo.
The report by Media Life, part of the publication’s series “Catching the next big wave: Hispanic media,” says Univision is “living through its own real-life telenovela,” with the end game apparently looming in a power struggle for control of the company that has been going on for decades.
“As in any heart-pumping telenovela, the drama is intense, personal and bitter, the characters larger than life,” the story reports. “It’s a story of vengeance and redemption. And the stakes are huge, and not just for the actors involved. They are big for Hispanic media, and indeed the entire media marketplace.”
We encourage readers to click on the link above to Media Life to read the full report.