News Column

Univision Launches 'Univision Music Group'

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LOS ANGELES, Calif.--(ENTERTAINMENT WIRE)--April 18, 2001--

Establishes Music Recording and Publishing Company Through
Purchase of 50% Interest in Disa Records,
A Leading Independent Spanish-Language Label

Will Build on Platform Through
Exclusive Distribution and Worldwide Licensing Agreement
With Universal Music Group

Univision Communications Inc. (NYSE: UVN) announced today that it
has entered the music recording and publishing businesses through the
creation of the Univision Music Group. The new Univision division will
be led by music industry veteran, Jose Behar, and will be
headquartered in Los Angeles. Univision has also reached an agreement
to acquire a 50% interest in Monterrey, Mexico-based Disa Records,
S.A. de C.V., the second largest independent Spanish-language record
label in the world, from the Chavez family. The Chavez family will
maintain a 50% ownership in Disa Records and will continue to manage
the business. Terms of the transaction were not disclosed.
Univision also announced that it has entered into an exclusive
distribution agreement with Universal Music Group, a unit of Vivendi
Universal (Paris Stock Exchange and NYSE: V), in the United States and
Puerto Rico, and an exclusive licensing agreement with Universal
outside the United States and Puerto Rico. Disa Records has also
reached a distribution agreement with Universal in the United States
and Puerto Rico. In Mexico, Disa Records will continue to function as
a fully integrated record label.
"Univision's entry into Spanish-language music is a natural
extension of our business and clearly positions the Company as a
broad-based, multifaceted entertainment company," said A. Jerrold
Perenchio, Chairman and Chief Executive Officer of Univision. "Our
agreement with Disa, which has a successful history of representing
many of the leading regional Mexican artists, combined with our
exclusive arrangement with Universal Music Group, will give Univision
an immediate presence in the music industry and an outstanding
platform to leverage our strong brand and reach throughout the world."
"Our agreement with Univision will provide us with the resources
to accelerate Disa's growth and become a natural destination for all
of Mexico's regional music artists," said Patricia Chavez, Chief
Executive Officer of Disa Records. "We are proud to be partnering with
Univision, whose reputation among the Hispanic community is second to
none, and look forward to working together to meet the world's
increasing demand for Spanish-language music. Along with the clout of
Univision, we are thrilled to have Universal Music Group, the world's
leading music company, as our distributor in the U.S. and Puerto
Rico."
Disa Records currently represents more than 50 artists, including
Los Angeles Azules, Grupo Bryndis, Liberacion, El Poder del Norte, Los
Cardenales de Nuevo Leon, Los Askis, Los Llayras, Palomo, Rayito
Colombiano, Miguel y Miguel, Los Reyes del Camino, Luis y Julian,
Viento y Sol, Hector Montemayor, La Tropa Ballenata and Vagon Chicano.
The Company also has a vast editorial library as well as an extensive
music catalog that contains masters from such artists as Los
Temerarios, Bronco, Los Acosta, Los Traileros del Norte, Tropical
Panama, Samuray and many other artists.
Perenchio continued: "I am also pleased that Jose Behar will lead
the new Univision division. His track record in the Spanish-language
music industry is unparalleled, having launched and built EMI's
extremely successful Latin music label. Jose has also been credited as
one of the pioneers in the Latin music crossover movement. We are
delighted that he will spearhead this endeavor and look forward to his
leadership as we continue to provide the growing Hispanic community
with additional first-rate entertainment offerings."
Zach Horowitz, President and Chief Operating Officer, Universal
Music Group said, "We are delighted that Univision and Disa have
chosen to form this strategic alliance with the Universal Music Group.
The arrangement makes Universal the clear No.2 distributor of Latin
music in the U.S. The Chavez family has already built Disa into a
powerhouse and the label is poised for even greater growth with the
clout of Univision and Universal's distribution company behind it. We
are also thrilled to help in the launch of the new Univision record
label. Jose Behar has proven himself especially adept at developing
Latin artists with international appeal. Our new global arrangement
with him and Univision will allow us to participate in their success."
"I have always admired Univision for its efforts to advance the
interests of the Hispanic community," said Behar. "I am thrilled to
now have the opportunity to be part of a Company with such an
outstanding reputation for producing quality entertainment for the
Spanish-speaking world and look forward to helping the Univision Music
Group grow into the premier music and publishing company."
Prior to joining Univision, Jose Behar was President and Chief
Executive Officer of EMI Latin Records from 1989 to March 2001. Under
Behar's leadership, EMI Latin was responsible for discovering and/or
developing the careers of such top talents as Selena, Jon Secada,
Barrio Boyzz, Intocable, Kumbia Kings, Los Tucanes de Tijuana, Carlos
Ponce, Oscar De La Hoya, Graciela Beltran, Vico C, Millie, Thalia,
Carlos Vives, JYVE V and Ednita Nazario, among others, in addition to
special projects such as the 1996 Olympics CD, Voces Unidas, an
all-star lineup of Latin superstars featuring Gloria Estefan, Julio
Iglesias and Placido Domingo.

About Univision

Univision Communications Inc. (NYSE: UVN), the leading
Spanish-language television broadcast company in the United States,
reaches 92 percent of U.S. Hispanic households through its
owned-and-operated stations include Univision Network, the
most-watched Spanish-language television network in the U.S.;
Univision Television Group, which owns and operates 12 full-power and
7 low-power television stations, including full-power stations in 11
of the top 15 U.S. Hispanic markets; Galavision, the country's leading
Spanish-language cable network and Univision Online. Univision is
headquartered in Los Angeles, with network operations in Miami and
television stations and sales offices in major cities throughout the
United States.

About Disa Records, S.A. de C.V.

Disa Records is a privately held record label founded and managed
by the Chavez family of Monterrey, Nuevo Leon, Mexico. Under the
expert direction of Domingo Chavez Moreno and German, Mauricio and
Patricia Chavez, and as a result of management's ability to discover
and develop new artists, over its 30-year history Disa has evolved
from a regional company to a successful global record label.

About Universal Music Group

Universal Music Group is the world's leading music company with
wholly-owned record operations or licensees in 63 countries around the
world. Its businesses also include Universal Music Publishing Group,
one of the industry's largest global music publishing operations.
Universal Music Group consists of record labels A&M Records, Decca
Record Company, Deutsche Grammophon, Geffen Records, Interscope
Records, Island Def Jam Music Group, Jimmy and Doug's Farmclub.com,
MCA Nashville, MCA Records, Mercury Records, Motown Records, Philips,
Polydor, Universal Records, and Verve Music Group as well as a
multitude of record labels owned or distributed by its record company
subsidiaries around the world. The Universal Music Group owns the most
extensive catalog of music in the industry which is marketed through
two distinct divisions, Universal Music Enterprises (in the U.S.) and
UM3 (outside the U.S.). Universal Music Group is a unit of Vivendi
Universal, a global media and communications company.

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