Jerry Perenchio

Jerry Perenchio

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Jerry Perenchio

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Andrew Jerrold "Jerry" Perenchio (born December 20, 1930) was the former chairman and CEO of Univision, the largest Spanish-language company in the United States.

Early life

Born in Fresno, California, he relocated to Los Angeles where he worked as a young Hollywood talent agent for MCA and represented such celebrity clients as Marlon Brando and Elizabeth Taylor.

In 1992, he and his partners spent US$550 million for Univision in 1992; his 16% stake is now worth $1.3 billion. In 2003 he paid US$3.5 billion (consideration for a merger: UVN issued 3.5B of stock in exchange for shares of HBC) for the Spanish-language powerhouse radio network, Hispanic Broadcasting.

Along with Bud Yorkin, he also owns the rights to the film Blade Runner, as his bond completion company took ownership of the film when it went over its budget. The film was one of the first issued on DVD, but the transfer from film stock was of poor quality, and was soon deleted. For many years, Perenchio refused to allow any new DVD edition of Blade Runner, including a planned 2001 Special Edition, to be issued.

Prior to his work at Univision, he (along with Norman Lear and Bud Yorkin) presided over Tandem Productions/Embassy Television (which oversaw major television hits like Maude, All in the Family, and Diff'rent Strokes). The company sold to Coca-Cola in 1985 (who at the time was the parent of Columbia Pictures, now owned by Sony) for $485 million in Coke shares which later doubled. Sony continues...
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