Univision Communications Launches Univision Home Entertainment; Partne

    Business Editors/Entertainment Editors

    LOS ANGELES--(BUSINESS WIRE)--May 16, 2005--Univision Communications Inc. (NYSE:UVN), the leading Spanish-language media company in the U.S., today announced the formation of Univision Home Entertainment and launch of its DVD label Unicine. Univision Home Entertainment will release content from the Univision Television Networks' extensive Spanish-language movie library to meet the demand for DVD entertainment in the Hispanic community.
    Ventura Entertainment's Studio Latino, the leading distributor of Latino home entertainment, will distribute and market the DVDs under the Unicine label. All Unicine titles will be first-time DVD releases for U.S. audiences, and will be available at Wal-Mart, Best Buy, Tower Records and Circuit City, among other locations where DVDs are sold.
    Univision Home Entertainment will be based in Los Angeles and led by Univision Television Group President Michael D. Wortsman.
    "The addition of Univision Home Entertainment to the Univision Communications family continues the brand extension philosophy successfully deployed with the additions of Univision Radio, Univision Music Group and Univision Online," said Wortsman. "By launching a home entertainment business, Univision is once again demonstrating its commitment to serving the U.S. Hispanic community by providing Spanish-language entertainment options to meet the needs of this underserved but influential and growing population."
    Joseph Acevedo and David Polo, Directors of Business Development for Univision Home Entertainment, commented, "A significant opportunity exists to increase sales of Spanish-language DVDs in the United States. The tremendous reach of our television, radio and internet properties coupled with the reach of Studio Latino, a leader in this developing genre, will play a key role in helping us realize that opportunity."
    "Univision's stature among Spanish-speaking consumers elevates the entire Latino DVD category for the industry and will be a catalyst for even more growth in this genre," said Chris Lynch, Executive Vice President & General Manager, Ventura Entertainment.
    "It is our privilege to be associated with such a trusted leader in Spanish-language media," said Concepcion Lara, Senior Vice President, Studio Latino. "By partnering with Univision Home Entertainment, we are providing the millions of Hispanics in this country with yet another choice for Spanish-language entertainment."
    The first ten Unicine titles will be available beginning May 24, 2005, and will include the following action, comedy and drama feature films: "La Diosa del Puerto," "Taquito de Ojo," "Corazon de Tequila," "Secuestro," "Sinaloa," "Compadres a la Mexicana," "Escuadron de la Muerte," "El Fisgon del Hotel," "Verdugo de Traidores," and "Asalto en Tijuana."
    Only 1% of the 1 billion DVDs sold in the U.S. last year were in Spanish. This presents a significant opportunity, as Hispanic Americans now make up 14% of the total U.S. population with $715 billion in annual buying power today. It's estimated that by 2010, the Hispanic community will have more than $1 trillion in buying power. Thirty-four million Hispanic Americans, or 84% of the U.S. Hispanic population, have access to a DVD player. In addition, studies show that Hispanics rent and buy more DVDs than non-Hispanics.

    About Univision Communications

    Univision Communications Inc. is the premier Spanish-language media company in the United States. Its operations include Univision Network, the most-watched Spanish-language broadcast television network in the U.S. reaching 98% of U.S. Hispanic Households; TeleFutura Network, a general-interest Spanish-language broadcast television network, which was launched in 2002 and now reaches 83% of U.S. Hispanic Households; Univision Television Group, which owns and operates 27 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 33 TeleFutura Network television stations; Galavision, the country's leading Spanish-language cable network; Univision Radio, the leading Spanish-language radio group which owns and/or operates 66 radio stations in 17 of the top 25 U.S. Hispanic markets and 4 stations in Puerto Rico; Univision Music Group, which includes Univision Records, Fonovisa Records, and a 50% interest in Mexico-based Disa Records labels as well as Fonomusic and America Musical Publishing companies; and Univision Online, the premier Spanish-language Internet destination in the U.S. located at www.univision.com. Univision Communications also has a 50% interest in TuTv, a joint venture formed to broadcast Televisa's pay television channels in the U.S., and a non-voting 27% interest in Entravision Communications Corporation, a public Spanish-language media company. Univision Communications is headquartered in Los Angeles with television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States.
    For more information, please visit www.univision.net.

    About Ventura Entertainment

    Ventura Entertainment Enterprises, a dynamic 12-year old home entertainment company, is the parent company of Ventura Distribution and Ventura Entertainment. Ventura is a leading provider of sales, distribution, marketing and financing services for independent producers and studios in the home entertainment marketplace. The company owns several specialty labels: UrbanWorks Entertainment, the premiere label for urban home entertainment, StudioWorks Entertainment, which handles the fast-growing demand for extreme youth videos and branded entertainment, Studio Latino, which acquires Spanish-language films from around the world and the cult, specialty film label Ventura Select as well as the international label, Ventura International. Distributed labels include 19 Entertainment, Associated TV, BET Home Video, Clear Channel Entertainment, Entertainment Rights, Fox Television, Kadaokawa Pictures, Lolafilms, Showtime, SkourasFilms, Slamdance Films, Toei, TokyoPop, Venevision, and Viz.
    For more information on Ventura Entertainment, please go to www.venturadistribution.com.

    About Studio Latino

    Studio Latino, a division of Ventura Entertainment Enterprises, is devoted to the release of a wide variety of quality programming including Spanish language films, television specials, sports video, and children's programs in the United States and Puerto Rico marketplace. As a leading distributor of Latino-branded home entertainment video products, Ventura Entertainment has partnered with many sub-distributors and retailers to develop this burgeoning market. Studio Latino distributes films from such high profile studios including Spain's prestigious Lolafilms, as well as Univision, Venevision, Urbanvision/Ciudad, Excalibur Media Group, Cinema Inc. Camara Corp. and Cozumel.
    For more information on Studio Latino and Ventura Entertainment, please go to www.venturadistribution.com.

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KEYWORD: CALIFORNIA INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD ENTERTAINMENT TELEVISION/RADIO CABLE PRODUCT MARKETING AGREEMENTS SOURCE: Univision Communications Inc.

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