Most of Univision`s highest-rated Primetime shows are Televisa telenovelas, so the renewal of the deal was important. The existing contract for exclusive US rights to the Telenovelas was due to expire in 2017. The news will last at least until 2025 and perhaps longer if certain conditions are met. However, the network`s assets began to dwindle after hallmark`s purchase, when Televisa terminated its program contract with Univision and took away the company`s popular telenovelas. The network decided to replace the series produced in Mexico with new ones produced in South America; However, the number of audiences for his Telenovelas decreased with the postponement of the program. [10] What further complicates matters is that the sale to Hallmark Univision, with limited advertising revenues, faced a huge debt burden. On February 1, 2, 1990, Univision Holdings announced that it had not paid an interest payment of approximately $10 million (approximately $3 million in total to its bank lenders and approximately $7 million to the holders of their junk bond debt) due the previous day as part of their debt restructuring efforts. citing insufficient cash flow for missed payments. At that time, Univision owed about $315 million to a group of banks under the direction of the Continental Bank of Chicago, about $135 million in priority zero coupon subordinated bonds, and $105 million for 13 3/8% of outstanding subordinated bonds. [22] In 2004, the Premios Juventud network („Youthfulness Awards“) launched a spectator-set awards ceremony (similar to the format and target audience of the Teen Choice Awards), which honors Hispanics and Latinos in film, music, sports, fashion, and pop culture. On August 24, 2005, Univision acquired the rights to broadcast the Latin Grammy Awards (first broadcast in Spanish on November 3 of the same year), after the organizers of the Latin Recording Academy decided to end their four-year relationship with CBS (after canceling the 2001 broadcast after the September 11 attacks), were rejected by the leaders of this network in order to re-equip the show so that it is better suited to a Hispanic audience; On June 26, 2012, the Latin Recording Academy renewed its agreement with Univision to broadcast the Latin Grammys on television for six years.
[90] [91] In June 2001, Univision entered into a local marketing agreement (LMA) with Raycom Media for the operation of two television channels in Puerto Rico, WLII in Caguas and WSUR in Ponce, as part of a planned and extended purchase of the two channels. At that time, WLII had long maintained an LMA with another Puerto Rican station, WSTE, which diverged Univision. [35] [36] Even then, Univision resumed its expansion, transforming several television channels it had acquired into subsidiaries of the network, including one in Raleigh, North Carolina (WUVC), Cleveland, Ohio (WQHS), Philadelphia, Pennsylvania (WUVP) and Atlanta, Georgia (WUVG) – including one purchased by USA Broadcasting, which was previously connected to the Home Network. which, at its launch in January of the same year, was excluded from the charter-affiliation agreements concluded by the group for the secondary network TeleFutura (now UniMás) of Univision Communications. . . .