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Veteran Media Executive to Head U.S. Hispanic Broadcast Network
LOS ANGELES, Jan. 24, 2014 /PRNewswire/ -- Fox International Channels (FIC) and the RCN Television Group (RCN) have announced the appointment of Ibra Morales as President of MundoFox, effective today.
Morales joins MundoFox from the Katz Television Group, where he was Senior Vice President of National Marketing. Previously, Mr. Morales had served as President of the Telemundo Station Group and as Senior Vice President of Sales for Hearst-Argyle Television.
"Ibra is an outstanding executive with a deep understanding of the broadcasting industry in the US and significant experience in sales and distribution. We are truly excited to have him on board," said Gabriel Reyes, CEO of RCN.
"Since we launched MundoFox in Fall 2012, we've said that building a major new U.S. Hispanic broadcast network is a marathon not a sprint. In Ibra, we not only have an experienced television executive but an active marathoner. That's a great combination," said FIC CEO Hernan Lopez.
MundoFox is a joint venture between RCN and FIC. Morales will report to the venture's board.
"I'm very excited to be part of building MundoFox into a dominant force in the Hispanic community, the fastest growing sector of the population in the United States," said Morales. "Our goal is to create a vital environment of news, entertainment and information for our viewers, and attract advertisers who are looking for engaging ways to reach these consumers."
MundoFox is a joint venture between Fox International Channels (FIC), 21st Century Fox's international multimedia business, and RCN, the leading Latin American television network and production company belonging to Organizacion Ardila Lulle (OAL). Together FIC and RCN currently reach over 1.6 billion subscribers worldwide with original series, novelas, dramas, game shows, reality, news and lifestyle programming. MundoFox is broadcast over-the-air on the network's affiliate stations as well as through cable, satellite and telco providers in all of the largest U.S. Hispanic households. MundoFox, headquartered in Los Angeles, CA, launched in fall 2012.
About Fox International Channels
Fox International Channels (FIC) is 21st Century Fox's international multi-media business. FIC develops, produces and distributes over 350 wholly-and majority-owned entertainment, factual, sports and lifestyle channels across Latin America, Asia/Pacific, Europe, Africa and U.S., Hispanic in 45 languages. These networks and their related mobile, non-linear and high-definition extensions reach over 1.6 billion cumulative households worldwide.
RCN is a leading Latin American media group, encompassing a broadcast network, cable channels, radio stations and TV production infrastructure & operations with a long track record of highly acclaimed series and telenovelas. The group belongs to the Organizacion Ardila Lulle (OAL), one of the most prominent industrial conglomerates in Latin America. RCN currently licenses its content in over 120 countries worldwide, including some of the biggest Spanish-language hits of recent years in the U.S., such as productions of "El Capo", "Cafe Con Aroma de Mujer", "Yo soy Betty la Fea" and "Pura Sangre", and format rights for "Destilando Amor", "Manana Es Para Siempre", "Hasta Que El Dinero Nos Separe" and "La Fea Mas Bella".
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