Randy Falco is President and Chief Executive Officer of Univision Communications Inc. (UCI), a top-tier multimedia company informing, entertaining and empowering the Hispanic community and a diverse American mainstream. Under his leadership, UCI has expanded to reach an estimated 108 million average monthly unduplicated media consumers across its media portfolio, which includes 12 broadcast and cable networks; 123 local television and radio stations; numerous digital platforms, mobile apps and content creation facilities across the United States; and high-quality, culturally-relevant “must see” programming available virtually anywhere, anytime.
Prior to Univision, Falco served for more than 30 years in various capacities at NBC. He led the initiative for the NBC-Universal merger and subsequently was named President of the NBC Universal Television Network Group in 2004. Following the merger, Falco combined the advertising sales operations of NBCU’s broadcast and cable units – the first major media company to take that approach. He also was responsible for the group’s commercial and operational functions, including affiliate relations, cable distribution, sales and marketing and other assets, including Telemundo. In February 2000, Falco negotiated the first reverse compensation deal by one of the major broadcast networks. The agreement was a 10-year, $362 million deal with Granite Broadcasting that turned KNTV into the NBC affiliate serving San Francisco and San Jose. This approach changed the historic model so that affiliates would pay the networks for their programming.
Beginning with the 1992 Barcelona Olympics, Falco ran NBC’s Olympic operations, a multibillion dollar business that operated as a separate business group, as well as negotiated the contracts from 1992 through 2006 covering six Olympic game telecasts. He branded NBC television network as the network of the Olympics. He conceived and negotiated two blockbuster deals that surprised the competition, secured exclusive coverage for five consecutive Summer and Winter Olympic Games: 2000, 2002, 2004, 2006, 2008 and became a major profit contributor to the company. Falco is a multiple Emmy Award recipient for NBC’s Olympic coverage.
Before joining UCI in January 2011, Falco served as chairman and chief executive officer of AOL, Inc. from 2006 to 2009. In this role, he was responsible for setting strategy and overseeing operations as the company transitioned to an advertising-based business model.
Falco, a Broadcasting & Cable Hall of Fame inductee, has received numerous recognitions throughout his career, including NATPE’s Brandon Tartikoff Legacy Award, the Frank Stanton Award, the Ballet Hispánico Gala Honor, Museum of Moving Image Honor and the MALDEF Legacy Leader Award. He is a multiple Cablefax 100 “Above it All” honoree, in recognition of his record of innovation and leadership, and on multiple occasions has appeared in Adweek’s Power List of the most reputable leaders in Marketing, Media & Technology as well as in B&C/Multichannel News’ Power 100 for steering UCI through the creation of original content. Falco has been honored by the National Academy of Television Arts & Sciences (NATAS) with the Board of Trustees’ Award, the Kids in Need of Defense (KIND) Champion Award, and the ArtsConnection Honor.
Falco holds an M.B.A. in finance and a Bachelor of Business Administration, also in finance, from Iona College. He received an honorary doctorate from Iona College in 2001. Falco sits on the board of Ronald McDonald House and is a member of the Advisory Board of the Smithsonian’s National Museum of American History.