The 'new Univision' takes a consumer-centric focus
Upfront pitch to be cross platformAs this year's upfront marketplace approaches, Univision, the once rigidly siloed Hispanic broadcast and radio company, has been restructured to resemble its counterparts in the English-language media — many of whom it is out-rating on certain nights in primetime among key younger demographics.
"It's a new Univision," said David Lawenda, president of ad sales at Univision Communications. "In the past, a client had to have at least four conversations if they wanted to advertise across our properties. Now they can have just one. We are much more flexible, collaborative and solution-oriented."
Lawenda said that though Univision will hold its upfront in its traditional Wednesday slot May 14, the pitch to buyers and clients will be more cross-platform-focused than ever before and include a proprietary Hispanic marketplace study that Univision conducted with assorted research firms.
Joining Univision in the fall after several years at MTV Networks, Lawenda brought in Lisa McCarthy and Peter Lazarus in January to oversee cross-platform and TV network sales, respectively. McCarthy will facilitate buys across broadcast, cable, owned-and-operated TV stations, radio and online. Lazarus will oversee buys spanning all three Univision networks: broadcast nets Univision and TeleFutura as well as cable service Galavision.
While Univision takes in about three times as much revenue in the upfront than rival Telemundo, Lawenda believes a huge opportunity for growth remains. And much like the Telemundo sales executives, Univision plans to sell the value of the Hispanic viewer rather than specifically going after its rival Hispanic network.
"We are hoping that we can capitalize on the $900 billion annual spending power of the Hispanic marketplace," Lawenda said. "Our mantra is every dollar invested in Univision by advertisers is a dollar invested in growth."
Bolstering Lawenda's sales pitch is that one of Univision's current primetime novelas, "Al Diablo con los Guapos" (Down With the Beautiful), has consistently beaten several of the broadcast networks on several nights of the week in the key adults 18-34 demo.
Lawenda cites pharmaceuticals, financial services, automotive, packaged goods and personal care as areas where Univision is hoping to bring in a significant number of new clients.
"We are currently going agency to agency and client by client to tell our story, and we have had some very deep upfront conversations already," Lawenda said, adding that he hopes to close some business early. "This year in particular it seems advertisers are also approaching us sooner because they are looking for an edge."
John Consoli is a reporter for MediaWeek.