On July 2 the Houston Chronicle reported on Spanish-language broadcasting company Univision’s filing to launch an initial public offering of its stock. The Chronicle reported bits and pieces of information from Univision’s Securities and Exchange Commission filing but these days the story often isn’t what’s reported; it’s what’s NOT reported—and why the drive-bys fail to do their job reporting the real reason why Jorge Ramos of Univision is having a hissy-fit over Donald Trump’s candidacy for President of the United States.
Challenge everything.
Here’s what the Chronicle reported about the Univision IPO:
The New York-based company said Thursday that it expects to raise up to $100 million in the offering. It did not say how many shares it will sell or how much they will cost. It expects the stock to trade on the New York Stock Exchange or on Nasdaq under the symbol “UVN.”
Proceeds from the IPO will be used to repay debt and for general corporate purposes.
Univision’s principal unit is Media Networks, which operates Univision Network and UniMas. It also operates nine cable networks, including Galavision and the sports cable network Univision Deportes. It also operates 67 radio stations. The company says it reaches over 49 million viewers monthly.
The company expects growth along with the Spanish-language market. The demographic represented 57 million people in the U.S. and is projected to grow to 77 million by 2030 (can you say Comprehensive Immigration Reform legislation needed for growth in viewership and revenues?). Univision also said it is the youngest demographic in the U. S., with 60 percent of the U.S. Hispanic populations being 34 or younger as of 2012.
What was NOT reported or included in the article?
A link to the Univision IPO Form S-1 on the Securities and Exchange Commission where Univision discloses its Risk Factors (as they are required to), chief of which is a slow-down in immigration into the U.S. and the impact of federal and state immigration legislation and policies:
We believe a substantial portion of our growth will result from projected increases in the U.S. Hispanic population and by projected increases in their buying power. Factors that impact the U.S. Hispanic population, including a slow-down in immigration into the U.S. in the future, the impact of federal and state immigration legislation and policies on both the U.S. Hispanic population and persons emigrating from Latin America could affect the growth of the U.S. Hispanic population and, as a result the demand for our Spanish-language programming.
If the U.S. Hispanic population grows more slowly than anticipated, the projected buying power of the U.S. Hispanic population may not grow as anticipated. In addition, economic conditions, such as unemployment, that disproportionately impact the U.S. Hispanic population could slow the growth of, or reduce, the projected buying power of U.S. Hispanics. If the U.S. Hispanic population or its buying power grows more slowly than anticipated, it could have a material adverse effect on our business, financial condition and results of operations.
Now take a look at the list of key officers, executives and directors of Univision Holdings, Inc. –see any familiar names?
How about former San Antonio Mayor and former Secretary of Housing and Urban Development Henry G. Cisneros?
With Univision’s need to repay its debts and dependency on an open-borders immigration policy, don’t you think Univision Holdings, Inc.’s key shareholders and the underwriters of Univision Holdings, Inc.’s IPO could be a tad nervous right now?
No surprise the media drives right on by this issue—-Jorge Ramos has succeeded in drawing attention to the financial damage that will occur to Univision and its subsidiaries, affiliates and shareholders if the IPO is withdrawn or postponed as a result of a slow-down in immigration into the United States and Presidential candidates supporting any policy other than open borders.
UPDATE: Seems the Teachers Retirement System of Texas is among the investors of CityView. Mr. Cisneros currently serves on the board of directors of CityView.
Univision is the Negro Leagues of today. Jackie Robinson and other blacks were finally allowed to play in the major leagues during 1947 and thereafter, and by 1950 the Negro Leagues were bankrupt and out of business.
Similarly, Univision today relies on a ghetto of residents who are unable to participate in mainstream American culture, in this case because they cannot understand English fluently, and Univision wants to keep them down and add to their number. It is an essential part of their business.
The principal owner of Univision, Chaim Saban, is a large contributor to Hillary Clinton and other Democrats, and Jorge Ramos’s daughter is a campaign worker for Hillary.
In his recent confrontation at a news conference with Trump, Ramos behaved just like illegal immigrants – -‘he did not wait his turn, spoke up to disrupt the proceedings, and refused to follow the rules, so he got kicked out. Ramos is a naturalized U.S. citizen, but has expressed his continuing loyalty to Mexico, thereby violating his naturalization oath to “renounce all foreign princes.”
Dang, I guess I need to quit watching the news on Univision, especially the news from Latin America and around the world. Must be tough being uni-lingual.
They also have very good movies for entertainment available, today the movie 2012. Last night boxing with Juan Manuel Marquez. Football where you actually use your foot to kick the ball is very entertaining. In fact come to think of it quite a few shows are American shows with Spanish dubbing, yep real gutter type programming.
The Hispanic world tends to be heavily Roman Catholic, in some countries by 90{997ab4c1e65fa660c64e6dfea23d436a73c89d6254ad3ae72f887cf583448986} or greater. What also has not been discussed is Ramos’s admission that he was born Catholic but is now an atheist. How is that representative of the vast majority of Hispanics, legal or otherwise?
Plenty of Americans, including me, are fluent in Spanish, but we do not waste our skill watching the garbage shown on Univision.
Like everything else, Mexican “futbol” is second rate, and I prefer to follow Barcelona and the European leagues.
Ed how would you know it is filth if you don’t watch it? Last time I checked Brazil and Argentina have done well in the World Cup.
You seem to be a bitter man, if you speak Spanish that suggests you came from a South American Country or maybe Spain. Why would you hate a culture that you were raised in?
Garbage, I can’t argue with someone who responds with it is garbage but has no proof, nor offers any proof as to why it is garbage.
By the way Ed they do show European football on Univision, it is also free as compared to cable.
I, also, fail to understand why anyone would deny themselves the opportunity to gain knowledge from what ever the source. Univision has much better world news than any of the major American networks, especially of the Americas.
There are those who don’t know that they know, they are asleep, wake them.
There are those who know not they know not, they are fools shun them.
There are those who know they know not, teach them.
There are those that know and know that they know, follow them.