Latest in Randy Falco

Univision is announcing layoffs this morning, the next major step in the Hispanic media giant’s complete makeover. Numbers are not specified in the company-wide memo, but a source close to the company tells Deadline 6% of jobs will be eliminated. Before the reductions, the company had a workforce of about 4,000…

EXCLUSIVE: As the top-to-bottom overhaul of Univision continues apace, the latest executive headed for the exits is Chief Revenue Officer Tonia O’Connor, Deadline has learned. O’Connor was promoted in 2017 to the revenue role, which was a newly created position for the company. She had previously served as Chief…

Following reports in recent days, Univision confirmed it is formally exploring a potential sale of Gizmodo Media Group and The Onion, two English-language digital portfolios it acquired under a previous management regime. In a brief press release, Univision said it “determined that pursuing a sale of GMG and The Onion…

Univision, the traditional leader in Hispanic broadcasting that has faced fresh challenges in recent years, has confirmed that Randy Falco, who led the company for eight years, will hand the CEO baton to Vincent Sadusky this week. The move was telegraphed last week in reports by the Wall Street Journal and Bloomberg…

Vince Sadusky, a broadcasting veteran and former Telemundo executive, is set to replace Randy Falco as CEO of Univision. The Hispanic media company declined comment on reports in the Wall Street Journal and Bloomberg that Sadusky will step into the role as early as next week. Falco, an NBC veteran who arrived at…

Univision kicked off its re-constituted, two-day, downtown upfront presentations with a streamlined, hour-long show at Tribeca’s Spring Studios. “Good evening and welcome to Tribeca,” said Tonia O'Connor, the company’s chief revenue officer. ‘Forget the theater district. We’re upfronting in the hip and fun district…

Univision offered a preview of the 2018-19 programming slate it will promote at its revamped, two-day upfront pitch to media buyers next week. The Spanish-language broadcaster remains a heavyweight, but is in a much closer ratings fight with rival Telemundo lately, and also faces a 2018 marked by transition. In recent…

Univision said today that it has laid off 20 employees this week, news that came at the end of a wild few days at the Spanish-language broadcaster during which it pulled back its plans to launch an IPO, replaced its CFO, and announced that CEO Randy Falco would retire at year’s end. “As the media industry rapidly…

Despite having extended CEO Randy Falco’s contract through 2020 last November, Univision has now confirmed that he will retire by the end of 2018. The accelerated retirement plan comes during a 24-hour period when the company ditched its long-planned IPO stratregy and replaced its CFO. Univision provided a statement…

Randy Falco, the former longtime NBC exec who has spent this decade leading Univision Communications, has re-upped as the Hispanic media company’s president and CEO through January 2020. "Randy has been the architect of UCI's evolution since 2011, guiding the Company's tremendous expansion, steadily improving…

Add Univision Communications CEO Randy Falco to the growing list of executives calling for full-throated opposition to bigotry following President Donald Trump’s response to last weekend’s clashes in Charlottesville. Without mentioning Trump by name, Falco said in an open letter that he opposes the “abject failure to…

Univision’s recent changes in its ad sales operation follow a quarter that was “more challenging than expected,” CFO Frank Lopez-Balboa told the privately held company’s investors today. The Spanish language broadcaster has seen weakness in sales to auto, restaurant, and food companies, as well as in big markets…