Jan 11 2005
Tuning In
Univision’s dominance of the U.S. Hispanic TV market isn’t deterring Spanish- and English-language competitors. More than five dozen cable and broadcast networks now are vying for a share of the market, according to industry reports, with the most recent new offerings aimed at an increasingly acculturated community.
The entrepreneurs behind the moves are banking that English-dominant Hispanics will prefer culturally attuned English-language shows over Spanish-language and mainstream network fare.
And the market continues to be increasingly attractive. Ad spending targeting Hispanics on all network and local TV is expected to reach nearly $2 billion this year – up almost 22 percent over last year. Many industry watchers see a growing market for relevant English-language programming to capture younger, acculturated Hispanic viewers.
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