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The future of local news is “civic information,” not “declining legacy systems,” says new report
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Nov. 17, 2015, 10:53 a.m.

Fusion CEO Isaac Lee is taking on an additional role — he’ll be the chief news and digital officer (a newly created position) at Univision, the top media company serving Hispanics in the United States. Lee will also remain in his lead role at Fusion. (Fusion is a joint endeavor of Univision and Disney.)

Lee had been president of news and digital at Univision and will add responsibilities for multicultural strategy and music in his new role.

According to the release:

Lee will manage key areas of the company’s growth strategy, including UCI’s comprehensive Multicultural strategy, which includes FUSION, El Rey, Flama and The Root. He will also develop an integrated music strategy that will include UCI’s music tentpole events and alignment with the Company’s Radio programming team. Lee will maintain responsibility for Univision News, including editorial oversight across network, local and digital platforms, backed by the strong team he has built.

The move underscores Univision’s commitment to “meet and exceed the demands of our community, especially digitally connected millennials,” Univision president and CEO Randy Falco said in a statement.

For the quarter ending September 30, Univision’s revenues were $801.5 million, up 10 percent from the same period last year. Digital advertising revenue for the period was $20.7 million, up 0.5 percent from this time in 2014 — though the 2014 totals were inflated because of the FIFA World Cup.

A previous version of this story stated that Lee’s new title is “chief digital officer.” It is “chief news and digital officer.”

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