logo
Randy Falco's profile picture

Randy Falco

Also Known As Randel A. Falco, Falco

CEO of Univision Communications

Education

  • Undergraduate business degree -
  • MBA - Iona College

Overview

Randel A. Falco was president and CEO of Univision Communications Inc.(UVN) 

from June 2011 until retiring in June 2018. Before joining Univision in January 2011 as Executive Vice President and COO, he served as Chairman of the Board and CEO of AOL from November 2006 to March 2009. Prior to his tenure at AOL, he spent 31 years at NBC, including serving as the network's president and COO.

Falco has been president and CEO of Univision Communications Inc. (UCI) since June 2011 after starting as Executive Vice President and COO for Univision in January 2011. Since 2011, under Falco's leadership, Univision has increased its earnings. His contract was recently renewed until January 2018. Falco sits on the board of directors of Univision Communications Inc.

As CEO, Falco has said he is focused on making UCI, which is acknowledged by Business Insider as an “extremely important media brand,” the most heavily engaged media brand. Under his leadership, Univision has undergone a company-wide expansion that has included the launch of new networks, including Univision tlNovelas, Univision Noticias, and Univision Deportes, which features soccer matches from the Mexican Primera División and Ligue 1. In 2013, Univision announced the launch of El Rey, a new network geared towards young-adult audiences led by Robert Rodriguez. That year Univision also rebranded its TeleFutura network into UniMás, which targets males ages 18 to 35, broadcasts telenovelas, soccer events, reruns of classic shows and feature films. In the summer of 2013, Falco negotiated Univision's joint venture with ABC/Disney to launch "Fusion", a 24-hour, English-language cable news network.

During his tenure at Univision since 2010, Falco has presided over big, strategic changes that aim to respond to the media disruption that affects the industry. He planted Univision firmly in digital turf by buying Gawker out of bankruptcy for $135 million, purchasing a 40.5% controlling stake in the parent of humor-oriented The Onion for $27 million and forming a video streaming JV with Lionsgate–all in 2016. After the acquisitions, Univisión generates over 100 million monthly unique visitors, one of the largest market shares for media outlets in the United States. After launching Story House, an independent production unit owned by UCI, its first TV series about cartel kingpin "El Chapo" Netflix, received critical acclaim and record ratings. Netflix licensed the series with a second window for Univision that year.

Univision's Galavisión remains the No. 1 Spanish-language cable network. Under Falco, Univision has also forged a partnership with Hulu;[36] started UVideos, a digital online network for streaming content; acquired exclusive multi-year rights to Mexican professional football club Chivas De Guadalajara of Liga MX; and launched several new apps and websites to broaden the distribution of its content across new platforms.

In addition, under Falco, Univision celebrated its 50th anniversary in the fall of 2012 by unveiling a new brand logo and a new tagline identifying Univision as the “Hispanic Heartbeat of America.” In July 2013, Univision announced its quarterly earnings were $40.7 million, 28 percent higher than in 2012. “Our aggressive push to take share from the English-language networks is working,” Falco said.

Under Falco's guidance, Univision developed the UCI Total Reach Score ratings system. Through this new system, Univision has been able to detect an increased audience of 45 million consumers, an increase of 10 percent from 2013.

In 2013, Falco and his team started the award-winning Univision Contigo (Univision With You). Univision Contigo is an initiative that provides the U.S. Hispanic community with access to information and resources focused on education, health, prosperity and participation.

Falco's Univision contract was extended to last through 2020, however, in March 2018, the company announced that he will be retiring by the end of 2018. The retirement announcement came 24 hours after Univision abandoned its long-planned IPO strategy and replaced its CFO.

Early Life

Randel A. Falco born on December 26, 1953

Falco, a native of the Bronx, NY, attended Iona College, where he received his Bachelor of Business Administration in finance in 1975 and his Master of Business Administration, also in finance, in 1979. He received an honorary doctorate from Iona College in 2001. He and his wife Susan have three children. Falco sits on the board of directors of the Ronald McDonald House and is a member of the Advisory Board of the Smithsonian's National Museum of American History.

Career

  • Univision Communications - CEO
  • Univision Communications - President

Recognition

Falco has been recognized for his efforts and leadership with issues around children of illegal immigrants in the United States and unaccompanied children at the U.S.–Mexico border following his letter to the U.S. president and legislative leaders, and was awarded the “champion award” by KIND in 2015. The National Academy of Television Arts & Sciences also recognized Falco for his leadership in the industry with the Board of Trustees’ Award, and Cablefax included Randy in its Greatest Hits of for the past three years. In January 2017, Falco was named a recipient of NATPE's 14th Annual Brandon Tartikoff Legacy Awards for demonstrating a high degree of excellence, vision and leadership through the process of creating compelling content. Additionally, in 2013 Falco was named the MS Hope Award honoree by the National MS Society; inducted into the Broadcasting & Cable Hall of Fame; and was also honored by Ballet Hispanico with its Civic Inspiration Award.

In 2018, Falco was awarded an Impact Award by the National Hispanic Media Coalition for his “Outstanding Service and Commitment to the Latino community”.

Reference

Sponsored
Sponsored
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
    Phone: +1 (425) 414-0184
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
    Phone: +91 80 4902 2100
4.2 20250131