Univision Communications Inc. ("Univision") and Grupo Televisa, S.A.B. ("Televisa"); (NYSE:TV); (BMV:TLEVISA), two of the world's leading media companies focused on serving Hispanics, today announced plans to expand upon their existing programs to provide more opportunities for Latinos in the U.S. media and technology sectors in 2016. The new efforts will include a wide variety of education, mentorship and career development programs.

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As the economic, political and cultural impact of Hispanic Americans continues to grow, Univision and Televisa believe it is critically important for Latinos to play a leading role in participating in and shaping the media industry in the United States. Accordingly, the two companies have joined forces to accomplish two overarching goals: 1) Strengthen and expand their existing efforts to increase the pipeline of Latinos in media and technology; and 2) Develop and educate future media leaders and professionals.

Commenting on the initiative, Alex Nogales the president and CEO of the National Hispanic Media Coalition, said: "One of my lifelong goals has been to provide access to careers in media for future generations of U.S. Hispanics, and to create opportunities for Latinos both behind and in front of the camera. That is why we are supporting the joint initiative announced today by Univision and Televisa -- because it will create opportunities for a new generation in our industry at this critical time when it's so important for diverse voices to be heard."

"The National Hispanic Foundation for the Arts (NHFA) commends Univision and Televisa on this initiative, which is the result of the productive partnership between the two companies, and is critical to the development of original content that touches and concerns the Latino community," said Felix Sanchez, NHFA chairman and co-founder. "NHFA looks forward to working with the companies to usher in the next generation of talented Latino filmmakers, who are waiting in the wings and ready to take the center stage of the U.S. entertainment and media world."

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