ABC News, Univision Join Forces In Miami
The joint ABC News/Univision English-language news and lifestyle network targeting Hispanics will be based in Miami, where Univision has a production facility.
A CEO
has yet to be announced, but is expected before the end of the year, as the unnamed network moves toward a 2013 debut.
However, the venture said Miguel Ferrer, a former managing editor of
several sections on The Huffington Post, including the English-language Latino Voices, will become the executive producer of digital operations.
A recent distribution deal between
Disney and Cablevision includes carriage of the coming network as ABC handles distribution and ad sales. Univision has said it plans to invest $25 million as the joint venture gets off the ground.
Univision CFO Andy Hobson said in August that negotiations were taking place with multiple government entities as the joint venture decided where to place its production facilities. It sought
incentives in exchange “for the employees that we're going to be adding to their local economies.”
"We look forward to becoming an integral part of the Miami-Dade community and
its robust and rich media culture,” stated ABC News chief Ben Sherwood.
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