Randy Falco is president and chief executive officer of Univision Communications Inc. (UCI), the leading media company serving 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. Univision has quickly expanded, going from three networks to 14, as well as expanding the Company’s digital offerings, while driving increased revenue and growth across its existing broadcast and cable networks, digital, local television group and radio stations.
The Company has delivered audience and engagement growth across its platforms, including with its top three networks – the Univision Network, UniMás and Galavisión – which together have 73 percent share among the Adult 18-49 Spanish-language TV audience. The Univision Network has firmly established itself as a top-rated network, frequently outperforming ABC, NBC, CBS and FOX and recording an historic win in viewership among Adults 18-49 in the July 2013 sweep as the number one network regardless of language.
UCI’s recent expansion includes new networks focused on sports, telenovelas and news; a joint venture with ABC to launch Fusion, an English-language news and lifestyle cable network; a strategic investment in El Rey, the new cable network being launched by renowned filmmaker Robert Rodriguez; the launch of 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, Mr. Falco led the Company’s 50th anniversary celebration by unveiling its new brand logo and tagline, identifying Univision as “the Hispanic Heartbeat of America.”
Previously he spent 31 years at NBC, where he began his career in September 1975. He held several leadership positions in finance, technical operations, and corporate strategic planning. From 1986 to 1991, he served as vice president of Finance and Administration, NBC Sports. In 1993, Mr. Falco was named president of NBC’s Broadcast and Network Operations division. He directed the facilities and operations of the NBC Television Network worldwide, where he oversaw the design and creation of the Today Show’s “Window on the World” studio, MSNBC’s state-of-the-art broadcast facilities in Secaucus, N.J., and the digital conversion of the NBC Television Network.
Mr. Falco led the initiative for the NBC-Universal merger, leading him to be named President of the NBC Universal Television Network Group in 2004. Following the merger, Mr. 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 and Telemundo.
In February 2000, Mr. 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, Mr. 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, along with NBC Sports Chairman Dick Ebersol, 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, Mr. 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.
Mr. 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, Museum of Moving Image Honor 2012 as well as several Emmys for NBC’s Olympic coverage.
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. Mr. Falco sits on the board of Ronald McDonald House and the Museum of The Moving Image.