Univision Spins To Music Biz
Spanish-language broadcaster Univision Communications has created a music recording and publishing division, which will be headed by Jose Behar – the Latin music veteran who discovered Tejano singing sensation Selena. The new subsidiary, Univision Music Group, is headquartered in Los Angeles. As part of its music assets, Univision is acquiring a 50% interest in Disa Records, a privately held indie label based in Monterrey, Mexico, whose roster includes Los Angeles Azules. Disa’s owners, the Chavez family, will retain the other 50% and will continue to manage the business. Terms were not disclosed. Univision also announced an exclusive distribution accord with… Read more »