"Univision has also been struggling to make payments on nearly $10 billion of debt, because cash flow has fallen precipitously and cash on hand is declining. Much of the debt came from the company's $12.3 billion leveraged buyout by a consortium of private investors."
Hi5, is the world's third-largest social network behind Facebook and MySpace It has a significant amount of share in Spanish-speaking countries. Spanish-speakers made up 40% of the site's 59.6 million January visitors. Overall, Hi5 gets about a quarter of Facebook's traffic and a little less than half of MySpace's, according to comScore.http://www.portada-online.com/html/website/paid/2009/031809/Market-Intel.aspx
So Telemundo extends the reach of the content it produces in line with the worldwide footprint of its parent companies GE and NBC, Televisa aggregates content further expanding its sphere of influence in Latin America, indirectly in the US and also in line with its global strategy and Univision at least in this transaction remains a US distributor of Televisa’s programming with limited efforts to date to produce effective content on its own.
"The clinic, open three half-days a week, is so busy that it is hard to get an appointment. Dr. Carmen Divertie, an internist from Peru, founded it 15 years ago, modeling it after a clinic for Russians at the hospital."
President Barack Obama told the viewers of a popular Latin music awards show Thursday that they must "stay involved and make your voices heard" as the nation fights its way out of troubled times.
"It's not a slogan, it's a mind-set that says you can accomplish something that others say is impossible."http://www.sacbee.com/agriculture/story/1732844.html
Obama to give bilingual speech on Univision Thursday night, March 26, 2009.
"Struggling to meet health care costs, 29 percent of Hispanic adults said they had decided against filling a script for cost reasons, according to a national poll conducted by the Consumer Reports National Research Center. Survey respondents said that they also economized by asking their doctor for free samples, skipping doses, taking smaller doses, or sharing a prescription with someone else on the same medicine."
"Sanchez was a leader of the Hispanic Democratic Organization, a group of hundreds of campaign workers that support Daley, many of whom ended up with jobs in the 4,000-employee Department of Streets and Sanitation."
Scarborough Research
- The percentage of Hispanics with online access trails the national average generally, with only 54 percent online, compared to nearly 70 percent of the total U.S. population.
- Hispanic users are 21 percent more likely to download digital content than the average adult user.
- Forty-two percent of Hispanic users have downloaded some form of digital content over the past month, compared to 35 percent of the general internet population.
- Music leads with nearly a third of Hispanic users downloading music the past month, compared with a quarter of the internet population generally.
- This also highlights the rapid increase in broadband connections for Hispanics, which have grown from 13 percent in 2002 to 68 percent this year.
- Overall Hispanics’ internet access has grown 13 percent since 2004, compared to an 8 percent growth rate for the web generally.
"Much of the disparity is due to a concentration of Latinos and blacks in construction, blue-collar or service-industry jobs that have been decimated by the economic meltdown."
The new strategy of Venevision International begins with the launch of its new entertainment portal NOVULU (www.novulu.com), which distributes content directly to the consumer and centralizes the company's different websites.
"Univision Communications Inc., the Spanish-language broadcaster, has become the latest company to exercise an option on some of its bonds that will leave holders with even more debt.http://online.wsj.com/article/BT-CO-20090313-713435.html
In a Securities and Exchange Commission filing Thursday, the company said it will pay interest on $1.5 billion of bonds with more debt. These bonds are known as payment-in-kind (PIK) toggle notes, and give a company the flexibility to switch between cash or credit interest payments."
""Just as Pan-Asian foods have brought new flavor and ingredient excitement to the American plate and palate, now it's time to make way for Pan-Latin," says Kimberly Egan, CEO of CCD. "
"But many raised a cry of dismay, not over Perez's qualifications, but because the job had been offered to another Latino civil rights expert, California's Thomas Saenz, and then abruptly rescinded the day before the Perez was named."
"Univision Communications is scrapping its lavish annual TV upfront presentation this year. Instead, the biggest Spanish-language TV network will go on the road with senior Univision executives and talent to host smaller forums in five cities, kicking off in Chicago on April 1 and finishing up in New York on April 30. "
Discount retailer Wal-Mart Stores, Inc. is targeting Hispanic consumers with two pilot supermarket locations planned to open later this year.
According to the Financial Times and Retailer Daily, two former Wal-Mart Neighborhood Market locations will reopen under the Supermercado de Walmart banner.
"There's this almost hyper-visibility of Latinos," she said. "But it's a narrow and often wrong kind of hyper-visibility because it is the 'illegal alien.' Every Latino is presumed to be an immigrant and secondly to be an undocumented Mexican."
...
Granted, it's not easy to turn a blind eye to an ethnic group that, according to Census estimates, could represent one in four Americans by the year 2030. But some people -- like our attorney general -- manage to pull it off.
And in doing so, they describe America as it used to be, not what it is, let alone what it is becoming.
"AOL-owned social network Bebo announced Monday that it has launched a U.S. site for Latinos. According to the company executives, they decided to open a version of its site catering to the Latino community after enjoying success in offering a similar experience to those in the U.K., Ireland, Poland, and elsewhere."
The billionaire businessman has been studying Spanish since his first run for mayor, and he had mostly limited his public utterances to a few phrases and greetings here and there.
But now, with more and more Latino voters in New York City, along with higher-rated Spanish-language news broadcasts, Bloomberg is looking for more ways to be heard despite his inelegant accent and clumsy verb conjugations.
With more than 46 million people, Nuevo Hispania is the 27th-largest nation on Earth and the fourth largest in the Western Hemisphere. Its residents wield $1 trillion of buying power in the marketplace. Even as the rest of the economy contracts in the global recession, Nuevo Hispania remains a thriving, even booming, market that’s expected to grow by 48 percent in the next four years.
Of course, the rise of Hispanics into the middle class will not be accomplished through the traditional path of leaving the “old country” culture behind in order to become “Americans,” purified through a melting-pot process. In fact, the opposite will be true; a bilingual-bicultural citizenry capable of navigating cultural differences at many levels will emerge. Dual citizenship will be more common and university systems will expand across borders to prepare graduates capable of operating in this new culture.
The muted response did not reflect indifference to the new archbishop, whom many people seemed to like, or to the notion that appointing a prelate with a Hispanic name instead of a Celtic one might be smart: Latinos are not only ascendant in New York, but also likely to be the majority of Catholics in the United States within a decade.
Hispanics, who are the largest minority in the country at 14 percent and growing, earned just 7.5 percent of bachelor’s degrees in engineering in 2005, according to a recent report from the National Action Council for Minorities in Engineering. They earned just 7.5 percent of the bachelor’s in biological sciences that year; 6.8 percent in computer sciences; 6.5 percent in physics; and 5.8 percent in mathematics.
Comcast Corp. customers in Boston and Brookline may be seeing more breaking TV news reports, dramas, and sports coverage en español from such places as Colombia, Peru, Mexico, and Venezuela. The cable provider this month introduced an expanded Hispanic programming package that imports 50 popular Spanish networks from Central and South America.
