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Article: Univision battle with Televisa places programs in jeopardy.(Grupo Televisa S.A. de C.V.)(Univision Communications Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 3, 2008
- Author:
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A long-running feud between Univision Communications and the Mexican broadcaster that provides most of its programming is headed for a showdown in a federal court in Los Angeles. If Univision loses, it could see many of its prime-time shows yanked.
While a dispute over royalty payments is the source of the current dispute, tensions between the two companies date back to bad blood between Univision's former chief, A. Jerrold Perenchio, and the late Emilio Azcarraga Milmo, who felt he got a bad deal in 1992 when the two men negotiated the original contract. If the Mexican company, Grupo Televisa, wins and pulls its programming, Univision's enterprise value could be ...