Ahead of I.P.O., Univision Faces Bigger Rival Than Trump: Shifting TV Habits
Video Donald Trump isn’t Univision’s only problem, or even its biggest. The public brawl between Mr. Trump and Univision Communications, the country’s largest Spanish-language broadcaster, escalated last week after Mr. Univision was already fighting a lawsuit brought by Mr. But more troubling for Univision are questions about its business prospects ahead of its planned initial public offering this fall. Univision also faces increased competition from its rival Telemundo and English-language network programming aimed at Hispanic viewers. “The challenges facing TV-based media companies are growing by the day, with the lack of visibility increasingly concerning investors and making valuations difficult,” said Rich Greenfield, an analyst with BTIG Research. Univision’s financial backers, having owned the network for nearly a decade, are anxious for an exit. Univision’s results from the most recent quarter did not provide potential investors with much confidence. Photo
Get On The Shelf
How To Avoid Hiring The Wrong Person For Your Startup
Chris Rickborn is the COO and co-founder for Unrabble, a cloud-computing hiring software company that helps busy startups make great hires. In a startup, hiring a new employee can be a business-changing event. The smaller the organization, the more impact each employee has on its ultimate success. Don’t get me wrong — hiring is critical in any size of company, but larger organizations have the ability to orient and train new employees to an extent that startups can’t offer. In a large company, if a new employee fails, the work can be redistributed and absorbed by other employees without having a significant impact. Here are five tips to help you avoid hiring the wrong person for your startup. 1. Writing lengthy job descriptions loaded with job requirements may keep unqualified candidates from wasting your time, but you’ve also just given every candidate a cheat sheet. 2. Startups move fast, and every position is a skilled position. 3. 4. 5. What other tips do you have?
Univision Intends to Pursue I.P.O. in U.S.
After nearly a decade of private ownership, Univision — which modestly considers itself “the gateway to Hispanic America” — is preparing to rejoin the public stock markets. The country’s biggest Spanish-language broadcaster on Thursday filed to go public, seeking new investors as its target audience continues to grow in size and power. In its prospectus, Univision noted that Hispanics now make up more than 17 percent of the total population of the United States, having accounted for more than half of the country’s population growth over the last five years. The broadcaster also cited projections that Hispanics’ buying power will rise from $1.3 trillion last year to $1.7 trillion in 2019. Essentially founded in 1992, when the businessman Jerry Perenchio led a group that bought the Univision Network from Hallmark Cards, the company grew to become a dominant force within Spanish-language media. The planned stock sale also comes as Univision is embroiled in a fight with Donald J.
Warren Buffett On Housing Market: I Was 'Dead Wrong'
OMAHA, Neb. — Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, but he remains optimistic about the nation's economy. In his annual letter to Berkshire Hathaway shareholders, Buffett said he is sure housing will recover eventually and help bring down the nation's unemployment rate. But he did not predict when that will happen. Investors eagerly await the letter from Buffett, 81, the so-called Oracle of Omaha, who built a roughly $44 billion fortune by following a steadfast, no-nonsense investing strategy. Buffett said housing "remains in a depression of its own," but he predicted, in typical plainspoken style, that the housing market will come back because some human factors can't be denied forever. "People may postpone hitching up during uncertain times, but eventually hormones take over," he wrote. The housing prediction proved painful for Berkshire Hathaway. Online:
How To Treat Your Employees
Editor’s note: James Altucher is an investor, programmer, author, and entrepreneur. He has started and sold several companies, run a VC fund, and is an active investor in many private companies. His latest books are I Was Blind But Now I See and 40 Alternatives to College. You can follow him on Twitter @jaltucher. Wade had sex with Karen and now I had to fire him. She was our top designer. Wade had caught the disease. The disease spreads in stairwells. When I was a kid one of my friends told me he got a blowjob every weekend in the stairwell at Quakerbridge Mall near the movie theater. Fucking stairwells. L. was crying when she called me and asked me to meet her at the cafe across the street from work. She was a project manager working at my first company. L. was still crying. One word can destroy people. We want to be loved and when it’s not returned by those in authority we just feel horrible. Ten years later, almost to the day, I took my daughter Mollie to the same store. Abracadabra.
NBCUniversal in talks to invest up to $250 million in Buzzfeed News
NBCUniversal is in talks to invest as much as $250 million in Buzzfeed News as part of the traditional media giant’s efforts to appeal to millennials who get much of their news online – rather than from watching a talking head on TV. Negotiations are in advanced stages but no deal has been reached, according to a person familiar with the talks who was not authorized to discuss them publicly. Stunning photos, celebrity homes: Get the free weekly Hot Property newsletter >> NBCUniversal would take a minority stake in Buzzfeed, which has been a leader in publishing provocative stories that quickly gain big traction on the Internet, such as whether a lacy dress is the color blue or the color gold, or a story this week on its website that carries the headline: “11 Things I learned being Queer in a 'Straight’ Relationship.” The potential investment comes as NBCUniversal’s most buzzed-about shows, such as its morning juggernaut “Today” and its programs on its cable channels E!
Droga5 Creative Invents Adhesive Bandages That Save Lives
Next time you cut your finger and need an adhesive bandage, you could save someone's life in the process. Not your own life, of course—unless that paper cut is particularly deep. You could save someone else's life—someone who needs a bone-marrow transplant—thanks to Graham Douglas, a creative at Droga5. Douglas has come up with an ingenious way of spurring marrow-donor registrations—he's getting Help Remedies to package donor kits with its adhesive bandage products. All you need is a drop of blood to complete the registration—a drop that may well be available if you're reaching for a bandage.
