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Univision: Univision Radio
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Univision Radio, part of the Spanish-speaking division of NBC Universal, suspended a host after he uttered antigay slurs on the air May 1. Luis Jimenez has been barred from the airwaves for one month after he and his cohosts performed a song titled "Las Patas" ("The Dykes"). The song included severa
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In June 2002 Univision acquired Hispanic Broadcasting, the leading US Spanish-language radio broadcaster (55 stations, including the top Spanish stations in nine of the leading markets) from Clear for US$3.5 billion. Acquisition reflected Univision's substantial growth during the preceding decade, which saw it gain over 80% of the Spanish-language market in the US by 1999.
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As part of its acquisition of Hispanic Broadcasting Corporation in 2003, Univision reached an agreement with the United States Department of Justice (DOJ) to reduce its stake in Entravision to 15% by March 26, 2006. Today's announced share repurchase transaction, coupled with the recent closing of Univision's purchase of Entravision's radio stations serving the San Francisco/San Jose market for approximately 12.6 million shares of Entravision Class U common stock, will reduce Univision's current ownership stake in Entravision to less than 15%.
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"GLAAD applauds Univision Radio for doing the right thing and taking responsible action against Jimenez's vulgar and bigoted comments," Giuliano said in a statement. "We call on all Spanish-language broadcasters to require the same accountability from all their on-air talent."
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