LOS ANGELES, US: The new Spanish-language broadcast network MundoFox - a joint venture of News Corp and RCN Television Group of Colombia - began broadcasting on Monday with the goal of reaching the growing US Hispanic market.
The company, which says its programming is aimed at providing "Latino entertainment" with an "American attitude," will break the duopoly held by Univision and Telemundo in providing broadcast Spanish-language news and entertainment in the United States.
"We've reached a tipping point in the evolution of US Spanish-language programming and the time is right for MundoFox," MundoFox president Emiliano Saccone said in a statement. "Like we did in 1986 when we launched Fox Broadcasting, we've read the landscape and believe the time is now."
The US Hispanic population is expected to reach 133 million people by 2050, "meaning that nearly one in three Americans will be Hispanic," the company said.
"Fifty percent of US population growth over the past decade has come from this group with an annual spending power of US$1 trillion. This number is forecast to climb to US$1.5 trillion by 2015," the company said, citing Nielsen Media Research.
News Corp's Fox International Channels (FIC) and RCN "currently reach over 1.2 billion households worldwide with primetime comedies, dramas and daytime series, as well as factual, sports and lifestyle programming," the Los Angeles-based company said.
MundoFox will provide dramas and comedies, as well as Fox shows like "American Dad" dubbed in Spanish. The network will also have two live evening news broadcasts, one aimed at viewers on the US east coast and the other for the west coast.
Source: AFP via I-Net Bridge
I-Net Bridge For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field. Go to: http://www.inet.co.za
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.