Randy Falco is president and chief executive officer of Univision Communications Inc. (UCI), the leading media company informing, empowering, entertaining and advocating for Hispanic America. Under his leadership, UCI has accelerated its transformation from a niche broadcast network to the multimedia powerhouse of today as a result of his strategic vision to offer a Univision branded experience anywhere the audience is. UCI has quickly expanded into a top-tier multimedia company with 16 broadcast, cable and digital networks; 61 television stations; 67 radio stations; an array of online and mobile apps and products and content creation facilities in Miami, New York and Los Angeles.
Falco, a 2013 Broadcasting & Cable Hall of Fame inductee, has received several recognitions including the Frank Stanton Award in 2007, the Ballet Hispanico Gala Honor 2013, MALDEF Legacy Leader Award 2012, CableFax 100 “Above it All” 2012 and 2013, Museum of Moving Image Honor 2012 as well as several Emmys for NBC’s Olympic coverage.
UCI, reaching more than 35 million viewers via its TV networks alone – an increase in growth near 6 percent since 2011– and more than 16 million across its audio platforms, is focused on delivering a branded experience everywhere its audience is by investing and expanding. Univision Network has delivered audience and engagement growth across its platforms and ranked as the No. 1 network for Adults 18-34 and 12-34 this summer ahead of ABC, CBS, NBC and FOX.
UCI’s recent expansion includes new networks focused on sports, telenovelas and news; a joint venture with ABC on Fusion, an English-language news, pop culture and satire TV and digital network; a strategic investment in El Rey, the new cable network by renowned filmmaker Robert Rodriguez; UVideos, the first bilingual digital video network with fully integrated social sharing features and the launch of Uforia, the Company’s digital music service. In addition, Falco led the Company’s 50th anniversary celebration by unveiling its new brand logo and tagline, identifying Univision as “the Hispanic Heartbeat of America.”
Falco 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 multi-billion 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 also branded NBC television network as the network of the Olympics. He conceived and negotiated two blockbuster deals that surprised the competition and secured exclusive coverage for five consecutive Summer and Winter Olympic Games: 2000, 2002, 2004, 2006, 2008 that became a major profit contributor to the Company.
Prior to 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.
He holds an M.B.A. in finance and a bachelor’s of science degree, 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 the Museum of The Moving Image.