Una Vez Mas, LLC, the Largest Azteca America Affiliate Group, Announces an Investment Partnership With Alta Communications
Una Vez Mas, LLC, the Largest Azteca America Affiliate Group, Announces an Investment Partnership With Alta Communications
DALLAS, Jan. 9 /PRNewswire/ -- Una Vez Mas, the largest broadcast affiliate group of the Azteca America television network in the United States, announced today that it has entered into an investment partnership with Alta Communications that provides the Company with the financial and strategic support to develop its existing and prospective markets throughout the United States. Terms of the deal were not disclosed.
Una Vez Mas is a television operator that sources programming through its affiliation with Azteca America, the fastest growing Hispanic television network in the United States and subsidiary of one of the largest Hispanic content producers in the world, TV Azteca, S.A. de C.V. Including the markets targeted for expansion, Una Vez Mas will have access to approximately 30% of the U.S. Hispanic households, broadcast in 17 of the top 40 Hispanic markets, and represent almost 35% of the Azteca America network.
Terry Crosby, Chairman and CEO of Una Vez Mas, said, "Alta's ability to support our future growth and appreciate our entrepreneurial culture makes them an ideal partner for us. We expect Alta's knowledge and expertise will be a valuable resource as we seek to expand our footprint and create value in our business." Randy Nonberg, President and COO added: "We share a vision with Alta for the future of Una Vez Mas and believe that our partnership will help to build a meaningful alternative in Spanish-language television for viewers and advertisers."
"We are excited about partnering with Una Vez Mas and helping grow the business," said Andrew Mulderry, a General Partner of Alta Communications. "The management team has an outstanding depth of knowledge and experience in the Hispanic broadcasting industry and we are further encouraged by TV Azteca's active support for the growth of the network in the U.S."
For more information, contact Randy E. Nonberg, President, at (310) 573-1600, ext 103 or randynonberg@uvmtv.com.
About Una Vez Mas
Founded in 2002 and headquartered in Dallas, Una Vez Mas is Azteca America's largest affiliate group currently with stations in Albuquerque (KQDF 25), Austin (KADF 20), Amarillo (KTXD 43), Corpus Christi (KYDF 64), Dallas (KODF 26), McAllen-Brownsville (KNDF 57-KBDF 64), Las Vegas (KHDF 19), Phoenix (KPDF 41), San Antonio (KVDF 31), Santa Barbara (KSBT 32), Tampa (WXAX 26) and Tucson (KUDF 14). Una Vez Mas's current station line-up delivers 20% of the total U.S. Hispanic buying power. For more information, visit http://www.uvmtv.net/ . For Sales, contact Mark Paretchan at markparetchan@uvmtv.com. Or visit http://www.aztecaamerica.com/ for network information
About Alta Communications
Alta Communications is a Boston-based private equity firm with $1.5 billion of capital under management and one of the most successful and experienced investors in the media sector. Hispanic broadcast investments include Bustos Media, Liberman Broadcasting, Telemundo and Tichenor Media (which has since merged into Univision). Alta's investment professionals have more than 100 years of experience, with more than 150 rounds of funding in over 100 portfolio companies. For more information, please visit http://www.altacomm.com/ .
Source: Una Vez Mas, LLC; Alta Communications
CONTACT: Randy E. Nonberg, President of Una Vez Mas, LLC,
+1-310-573-1600, ext. 103, or randynonberg@uvmtv.com
Web site: http://www.uvmtv.net/
http://www.aztecaamerica.com/
http://www.altacomm.com/
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