MundoFox Future in Question as RCN Takes Control of Spanish-Language Network

Courtesy of MundoFox

BOGOTA — A top executive at Colombia’s RCN vowed to keep the U.S. Spanish-language network MundoFox intact as the company assumes control of the channel that had been a joint venture of RCN and Fox.

Julian Giraldo, exec VP of international channels at RCN, said there will be no major changes and that the company’s faith in MundoFox president Ibra Morales is steadfast. RCN and Fox had conflicting priorities for Spanish-language media, which led to the end of the joint venture, Giraldo said.

“Fox wanted to focus on its own cable channels while we wanted to continue in the open (broadcast) network television sector,” said Giraldo.

Hernan Lopez, president of Fox International Channels, who spearheaded the MundoFox launch, emphasized that Fox is committed to reaching U.S. Latinos with its Spanish-language cablers Fox Deportes, Nat Geo Mundo and Fox Life. MundoFox will be in good hands with RCN, he added.

“They have a great leader in Morales, and they are well placed to realize all of the potential of the network,” Lopez said.

MundoFox launched in the August 2012 as part of Fox and RCN’s lofty bid to tap the lucrative Spanish-language television market, dominated by Univision and NBCUniversal’s Telemundo for decades. No decision has been made yet about changing its name. Giraldo is based in Washington, D.C.

Some observers in Colombia say they wouldn’t be surprised if MundoFox eventually shuttered. Rival Caracol TV used to run a station in Miami, GenTV, but leased it to CNN as it grew less economically viable.

Fox committed significant resources to MundoFox with original scripted and unscripted series, including an adaptation of “The X Factor,” news programming and dubbed episodes of Fox and FX series including “American Dad” and “The Bridge.” RCN contributed telenovelas and other funding.

The hope was that advertising dollars would flow in from marketers eager to target the Spanish-speaking segment of the nation’s fast-growing Hispanic population. But visibility for MundoFox in key markets was a challenge from the start, as its affiliates were mostly small indie outlets that didn’t bring much audience to the table. The network has a very low profile in the nation’s No. 1 market, New York City, which makes advertising a tougher sell.

MundoFox has no doubt been a drain on Fox and RCN’s coffers. Using Dec 2014 rates, Caracol saw 2014 net profits rise 70.3% to $33.3 million while RCN posted a 47.7 % dip to $6.56 m.

RCN is said to have laid off some personnel in Colombia.

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  1. Rosal says:

    por que Quitan la programacion sin decir nada
    Nos quedamos a medias con Los programas y ni donde buscarlos y repiten una novela como tres veses . Dugan algo😡

  2. “A top executive at Colombia’s RCN vowed to keep the U.S. Spanish-language network MundoFox intact as the company assumes control of the channel that had been a joint venture of RCN and Fox” this top executive is a liar, they just laid off the entire newscast. I guess you can’t trust that person’s vow.

  3. Esperanza says:

    This is the end of MundoFox.
    The colombian company RCN Television is in a very bad economic situation and they don’t have the cash and the experience to operate the channel in USA.
    Nobody can believe that RCN has decided by their own, to purchase the portion of Fox International Channels in MundoFox. The reality is that FIC has given a kick in the ass to RCN!!!.
    They were tired to be stolen by RCN and also tired of dealing with external people, imposed by the colombian partner.
    For the owner of RCN I have only one advise: “You can’t kill the goose that lays the golden eggs, before it has given you the first ones!!!”
    I believe RCN must be regretting for their bad decision, when they accepted to call the channel MundoFox. Now will be really funny to see, what will be the new name. I hope they don’t change it to the selfish and egotistical name “Nuestro MundoRCN” (our world RCN).
    I hope also that this future extinguish channel, doesn’t became in a version of the cheaper cable channels “TVColombia” or “Caracol Internacional”.

  4. Luis says:

    You know I think MundoFox should change from MundoFox to Telesistema that would be a nice new name I hope they air Telenovelas from Colombia from Telenovelas from Brasil from Rede Globo, Telenovelas from Venezuela from RCTV/Televen Telenovelas from Mexico from Cadenatres, Series from Spain like Amar en Tiempos Revueltos and Aguila Roja from TVE and El Secreto del Puente Viejo from Antena 3, TV programs from Mexico from Cadenatres and Spanish Game Shows from Spain from TVE and Antena 3, and I hope the new network will air sports events like Mexican Soccer League, UEFA Champions League, UEFA Europa League, Supercopa de Europa, Copa Sudamericana, Copa Libertadores, Major League Soccer, Major League Baseball, NFL Football, NASCAR Sprint Car Series, NCAA College Football and College Basketball, UFC, Golden Boy Boxing and FIA Formula and please air TV Shows from Fox, ABC and CBS dubbed in Spanish like The Simpsons, King of the Hill, Futurama, Family Guy, American Dad!, The Cleveland Show, Bob’s Burgers, Rasing Hope, New Girl, Brooklyn Nine-Nine, Bones, Glee, Gotham, Modern Family, The Middle, The Goldbergs, Last Man Standing, Gery’s Anatomy, Castle, Rookie Blue, The Big Bang Theory, Mike and Molly, 2 Broke Girls, NCIS, NCIS :Los Angeles, Blue Bloods, Hawaii Five-O and The Good Wife among others and please air Cartoon Shows from Cartoon Nertwork, Nickelodeon, Disney and Warner Bros on Saturday Mornings dubbed in Spanish and also please air Japanese Anime dubbed in Spanish and please I want the new network to continue to air 100 Latinos Dijeron because it’s a good game show but please air Movies on the weekends dubbed in Spanish and I hope MundoFox will rename from MundoFox to Telesistema in Septemeber

  5. Racism is the sub text-racism is alive and well in corporate america.

    Our company gets bashed for this every day.

    Conform Comics Ranger Core

    Good Luck Univision hopefully you can stand up for yourselves.

    • Julian says:

      Siempre tiene que haber uno que salga con el racismo cuando no tiene nada mas que decir.

      Tengo un tia que vive conmigo y desde que Mundofox empeso ella lo veia mas y mas. Ya eataba cansada de lo que ensenaban en los otros 5 canales en espanol que contiene nuestro packete de canales ella de 80 anos no habla ni entiende el ingles.

      If they show what people want they want they will have no problem in the future but to blame others for their crappy shows you’re wrong in calling it racism.

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