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FIBRA Prologis Issues Clarification Note

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FIBRA Prologis Issues Clarification Note


MEXICO CITY, Sept. 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14), the leading owner and operator of Class-A industrial real estate in Mexico, today announced that it is aware of an article published on Aug. 31, 2015,  by El REFORMA that inaccurately reported that FIBRA Prologis will invest US$500 million to develop industrial properties in the State of Mexico.  Any such investment will be made by its Sponsor, Prologis, not FIBRA Prologis.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of June 30, 2015, FIBRA Prologis comprised 185 logistics and manufacturing facilities in six industrial markets in Mexico totaling 31.6 million square feet (2.9 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comision Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

FIBRA Prologis.

Logo – http://photos.prnewswire.com/prnh/20140703/124469

 


The Nutrition Facts Label Can Help Young People Make Healthful Choices

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FDA Reminds Kids to Read the Label





The Nutrition Facts Label Can Help Young People Make Healthful Choices


SILVER SPRING, Maryland, Sept. 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — September is National Childhood Obesity Month. To help kids make healthful dietary choices, the U.S. Food and Drug Administration (FDA) encourages kids to Read the Label!

Video – http://youtu.be/RxjgPwrVFXQ
Photo – http://photos.prnewswire.com/prnh/20150818/259335
Photo – http://photos.prnewswire.com/prnh/20150818/259337-INFO
Logo – http://photos.prnewswire.com/prnh/20090824/FDALOGO

The Nutrition Facts Label is a simple tool available on food and beverage packages. It lets kids know exactly what they’re eating and helps them choose and compare snacks and other foods. The earlier kids start using the Nutrition Facts Label, the sooner they’ll be making choices that keep them feeling great and on the path to long-term good health!

Learn more at:
http://www.fda.gov/Food/IngredientsPackagingLabeling/LabelingNutrition/ucm281746.htm

http://www.fda.gov/Food/IngredientsPackagingLabeling/LabelingNutrition/ucm20026097.htm

Young people can follow these tips to get started – and they will soon see how easy reading the label really is! Parents, caregivers, and others who interact with young people can also help model label-reading by following these key steps, too.

  • Check the serving size. All of the nutrition information listed on the Nutrition Facts Label is based on one serving of that food. But, it’s common for one package of a food to contain more than one serving. If a package contains two (or more) servings and you eat the entire package, you are consuming two (or more) times the number of calories and nutrients listed on the Label. So be sure to check!
  • Consider the calories. For weight management (whether it’s to lose, gain, or maintain weight), it’s important to pay attention to the calories. The overall goal is to balance how many calories you eat with how many calories your body uses. As a general rule, 400 or more calories per serving for a single food item is high and 100 calories is moderate.
  • Choose nutrients wisely. There are certain nutrients that young people should aim to get “less of.” These are saturated fat, sodium, and sugars. Kids can use the Percent Daily Value (%DV) on the Nutrition Facts Label to find foods that are lower in saturated fat and sodium. Here’s an easy guideline: 5%DV or less of a nutrient means the food is low in that nutrient, and 20%DV or more means it’s high! Sugars have no %DV, so remind kids to use the amount of grams (g) as a guide.

Kids can start using the Nutrition Facts Label today to compare foods and make smart snack choices. By knowing a food’s serving size, calories, and nutrients – they can take charge of managing their own healthful diet!

FDA is proposing to update the Nutrition Facts Label for packaged foods. For more information on the proposed changes to the Nutrition Facts Label, visit: http://www.fda.gov/Food/GuidanceRegulation/GuidanceDocumentsRegulatoryInformation/LabelingNutrition/ucm385663.htm

Contact: Media: 1-301-796-4540 Consumers: 1-888-SAFEFOOD (toll free), 10 AM to 4 PM ET, Monday through Friday

NOTE TO EDITORS: High-resolution images are available at: http://hispanicprwire.com/en/multimedia/


(Español) La etiqueta de información nutricional puede ayudar a los jóvenes a hacer elecciones saludables

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La Administracion de Alimentos y Medicamentos de los Estados Unidos (FDA, por sus siglas en ingles) recomienda a los ninos iLeer la etiqueta!

Sorry, this entry is only available in Español.

MoneyGram and Bank of China Launch 24-Hour Receive Service

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MoneyGram and Bank of China Launch 24-Hour Receive Service

Receivers can access funds in a range of currencies


SHANGHAI, Sept. 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram customers in China can now receive funds from around the globe at any time through a new account deposit service with Bank of China. The innovative self-service channel — which includes website, kiosk and tablet access – enables customers to receive MoneyGram transactions into their Bank of China accounts 24 hours a day.

Logo – http://photos.prnewswire.com/prnh/20150730/251082LOGO

“MoneyGram’s launch with Bank of China means that our customers in China can conveniently receive funds with the click of a few buttons,” says Grant Lines, MoneyGram’s executive vice president Asia Pacific, South Asia, Middle East and Russia. “This makes money transfers easier for our customers and also expands the company’s self-service offerings around the world.”

Receivers can access funds in a range of currencies including the U.S. dollar, the pound, the euro and the Australian dollar through their Bank of China accounts. Bank of China is one of the five-largest commercial banks in the country and is the oldest bank in mainland China.

About MoneyGram International, Inc.

MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.


Kansas City, Kansas, Takes the Lead as the Safest Driving City According to the 11th Annual “Allstate America’s Best Drivers Report®”

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Kansas City, Kansas, Takes the Lead as the Safest Driving City According to the 11th Annual “Allstate America’s Best Drivers Report®”

New Data Reveals the Cities with the Hardest Braking Drivers


NORTHBROOK, Ill., Sept. 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — Kansas City, Kansas tops the chart for the first time ever as the safest driving city in America according to the eleventh annual “Allstate America’s Best Drivers Report®.” The report, based on Allstate Insurance Company claims data, ranks America’s 200 largest cities[i] in terms of car collision frequency to identify which cities have the safest drivers. The report underscores Allstate’s commitment to keeping roadways safer.

PDF – http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/262487-Allstate-Americas-Best-Drivers-Report.pdf

Video – http://origin-qps.onstreammedia.com/origin/multivu_archive/PRNA/ENR/262503-Allstate-Best-Driver-Broll.mp4

Audio – http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/262485-Allstate-Americas-Best-Drivers-Report-English.mp3

Audio – http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/262486-Allstate-Americas-Best-Drivers-Report-Spanish.mp3

Photo – http://photos.prnewswire.com/prnh/20150831/262484-INFO

Logo – http://photos.prnewswire.com/prnh/20130404/MM88193-b

Kansas City, Kansas, is recognized as the safest driving city in America with the average driver experiencing an auto collision every 13.3 years, which is 24.8 percent less likely than the national average of every 10 years.

“By providing this information annually, Allstate and our agency owners across the country strive to bring drivers and communities together to talk about driving safety and consider solutions to keep our roads safer,” said Jim Ledder, vice president of auto claims, Allstate. “By spotlighting the cities with strong driver safety records and spreading the word about practical steps drivers can take, we’re continuing to help protect people from life’s uncertainties and prepare them for a more secure future.”

Recently, the National Safety Council estimated the U.S. is on track for its deadliest driving year since 2007.[ii] For the first six months of 2015, NSC reported traffic deaths are up 14 percent from a year ago, and serious injuries are 30 percent higher over the same period. While there are many factors that impact highway safety, an improving economy and lower gas prices have led to an increase in the number of miles being driven. The Federal Highway Administration’s latest Traffic Volume Trend Report says cumulative travel for 2015 is up by 3.5 percent.[iii] The June report is based on hourly traffic count data reported by the states, using data collected at approximately 4,000 continuous traffic counting locations nationwide.

The top ten cities according to the Allstate America’s Best Drivers Report:

11th Annual Allstate America’s Best Drivers Report® Top 10 Safest Cities

City & Overall Ranking

Collision Likelihood Compared to National Average

Average Years Between Collisions

1. Kansas City, Kan.

24.8% less likely

13.3

2. Brownsville, Texas

24.6% less likely

13.3

3. Boise, Idaho

23.5% less likely

13.1

4. Fort Collins, Colo.

21.1% less likely

12.7

5. Cape Coral, Fla.

21.0% less likely

12.7

6. Madison, Wis.

18.2% less likely

12.2

7. Cedar Rapids, Iowa

15.1% less likely

11.8

8. Laredo, Texas

14.7% less likely

11.7

9. Huntsville, Ala.

14.7% less likely

11.7

10. Cary, N.C.

13.8% less likely

11.6

 

Allstate visually depicts the report in an interactive map found at www.allstate.com/BestDriversReport. The map features the America’s Best Drivers Report with historical collision frequency rankings from the past 11 years in an interactive format.

New this year, the report provides information about a notable factor in collisions – braking habits — in approximately 100 cities nationally. Allstate pulled data from its Drivewise® offering, an innovative technology that allows consumers to monitor their driving habits to improve safety and gain rewards on their insurance, to determine braking trends. A hard braking event is defined as slowing down eight miles per hour or more over a one-second time interval.

Allstate found a correlation between hard braking and collision frequency. Cities with higher collision frequency also recorded more hard braking events. Nationally, on average, a driver will experience 16 hard braking events for every 1,000 miles driven. Here are the cities with drivers who experience the least amount of hard braking events per 1,000 miles driven:

Drivewise® Hard Braking Events
(Cities’ drivers with the least events per 1,000 miles)

Des Moines, Iowa

6.8

Madison, Wis.

8.1

Wichita, Kan.

9.4

Milwaukee, Wis.

10.3

Chesapeake, Va.

11.1

Overland Park, Kan.

11.3

Vancouver, Wash.

11.9

Omaha, Neb.

11.9

Minneapolis, Minn.

12.4

Hampton, Va.

12.6

          

Driving tips for cities with high braking activity:

  • Leave room between you and other vehicles. Hard braking collisions can occur when drivers are following other cars too closely, causing a rear-end collision. Try to avoid rear-end collisions by leaving more space and time to react to other vehicles’ actions.
  • Minimize distractions while driving. Distracted driving is one of the main causes for collisions.[iv] Common driving distractions include eating, grooming, talking on a cell phone or texting, interacting with other passengers, adjusting navigation devices and playing loud music.

In addition to the traditional collision frequency rankings, two unique rankings among the top 200 largest cities are featured in the 2015 report. These location factor rankings include population density and precipitation, and show how some cities’ rankings can change when taking these challenging roadway conditions into consideration.

 

Cities with Top Rankings When
Factoring in Population Density

1. Boise, Idaho

2. Fort Collins, Colo.

3. Madison, Wis.

4. Brownsville, Texas

5. Laredo, Texas

6. Cary, N.C.

7. Kansas City, Kan.

8. Cape Coral, Fla.

9. Milwaukee, Wis.

10. Louisville, Ken.

 

Driving tips for densely populated cities:

  • Allow plenty of time to reach your destination. Stop-and-go traffic, gridlock, traffic signal stops, pedestrian walkways and events that create traffic detours can add time to your travel.
  • Stay alert. Be prepared to frequently stop or slow down for pedestrians, emergency vehicles, delivery trucks, parking cars, taxi cabs, and public transportation vehicles such as city buses.

 

Cities with Top Rankings When
Factoring in Precipitation

1. Kansas City, Kan.

2. Cape Coral, Fla.

3. Brownsville, Texas

4. Boise, Idaho

5. Madison, Wis.

6. Huntsville, Ala.

7. Fort Collins, Colo.

8. Port Saint Lucie, Fla.

9. Cary, N.C.

10. Montgomery, Ala.

 

Driving tips for cities with high levels of precipitation:

  • Be aware of road conditions. Ice, snow, fog, rain – all of these weather conditions require extra caution and slower speeds. Stopping safely in rain and snow takes greater lengths of roadway than in dry conditions.
  • Maintain your vehicle to prepare for extreme weather. Headlights and brake lights are critical in low visibility situations – be sure they are consistently maintained along with other critical car functions such as brakes and windshield wipers.

The Allstate America’s Best Drivers Report®

For the past 11 years, Allstate actuaries have conducted an in-depth analysis of company claims data to determine the likelihood drivers in America’s 200 largest cities will experience a vehicle collision compared to the national average. Reported property damage claims were analyzed over a two-year period (from January 2012 to December 2013).

A weighted average of the two-year numbers determines the annual percentages. The report defines an auto crash as any collision resulting in a property damage claim. Allstate’s auto policies represent nearly 10 percent of all U.S. auto policies, making this report a realistic snapshot of what’s happening on America’s roadways.

According to the National Highway Traffic Safety Administration, an estimated 32,675 car crash fatalities occurred in 2014. Additionally, Allstate research found that 70 percent of vehicles involved in auto claims are considered drivable, which indicates that most claims are the result of low-speed (under 35 miles per hour) collisions. Allstate utilizes the America’s Best Drivers Report to remind drivers to stay vigilant behind the wheel and protect themselves from challenging driving conditions.

About Allstate

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan “You’re In Good Hands With Allstate®.” The Allstate brand’s network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada. In the 20 years since Allstate became a fully independent public company, The Allstate Foundation, Allstate, its employees and agency owners have donated more than $405 million to support local communities.

[i] The Allstate America’s Best Drivers Report® tabulates property damage collision frequency of Allstate insured drivers from 2012-2013.The report analyzes the 200 largest cities from the U.S. Census Bureau’s Annual Estimates of the Population for Incorporated Places over 50,000, measured for 2013 as of July 1, 2014. In prior years, neighboring cities that shared zip codes also shared rankings. This only impacted a minimal number of cities; however, in 2014 and 2015, the report used geolocation to increase accuracy and there are no longer shared rankings. U.S. Census Bureau data was used to obtain the population density factor. For the precipitation factor, National Oceanic and Atmospheric Administration (NOAA) data was utilized. Allstate Drivewise® data is based on Allstate customers voluntarily enrolled in the telematics program from 2010-2014. A number of cities from the full 200 Best Drivers rankings are excluded in the Drivewise data due to the limited measurable data available, or because Drivewise was not available (California, North Carolina, South Carolina and Texas). The Allstate Best Drivers Report is produced solely to boost the country’s discussion about safe driving and to increase awareness of the importance of being safe and attentive behind the wheel. The report is not used to determine auto insurance rates.

[ii] National Safety Council, http://www.nsc.org/Measure/Pages/safety-management-research-statistical-services.aspx 

[iii] Traffic Volume Trends (US DOT – Federal Highway Administration, Office of Highway Policy Information): http://www.fhwa.dot.gov/policyinformation/travel_monitoring/tvt.cfm 

[iv] National Highway Traffic Safety Administration, www.distraction.gov

 

 


Annual Benefits Sign-Up is Less Popular than Tax Season, but Beats Being Sick

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Annual Benefits Sign-Up is Less Popular than Tax Season, but Beats Being Sick

VSP Survey Takes Pulse of the Nation on Which Benefits Matter Most, if Men or Women Get it Done Faster, and What You Would Rather do Instead.


RANCHO CORDOVA, Calif., Sept. 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — Let’s just say it’s not most people’s favorite thing to do. Known in human resources offices as “Open Enrollment,” the annual ritual of choosing your medical plan, opting in or out of dental and vision coverage, and deciding how much money to put in your flexible spending account is, as they say, “part of growing up.” On the surface it’s just another HR transaction. Below the surface, though, the process prompts us to take mental stock of our physical health, the security of our employment, the state of our economy, and the scariest thing of all: Our future.

VSP Vision Care is preparing for its own annual rite of encouraging people to keep vision care top of mind during Open Enrollment.  As the nation’s only not-for-profit vision care company its highest priority is to advocate for regular, professional vision care for all people. Annual eye exams are part of total health, helping to detect signs of diabetes, high blood pressure, high cholesterol and more. At the same time, vision care is typically one of the quickest and least expensive benefit options to review and select. VSP wants to make sure that “easy” doesn’t become “easy to dismiss.” So it conducted a national survey to raise awareness of how people feel and behave when it comes to Open Enrollment — and to encourage people to “check the box” when it comes to vision care.

Here’s what the VSP “Open Talk about Open Enrollment” survey revealed:

Santa, swimming and school trump x-rays, copays and FSAs.
When asked to rank their preference for seven seasons, respondents showed a clear preference for “Holiday Season” (73%), “Bathing Suit Season” (48%) and “Back-to-School Season” (28%). They even preferred “Tax Season” (20%) to “Open Enrollment Season” (15%). If 15% still sounds better than expected, note that only two seasons ranked lower: “Allergy Season” (9%), and “Cold/Flu Season” (8%).

If you feel anything at all, it’s probably dread.
About half of respondents (52%) reported “no particular feelings at all” in anticipation of Open Enrollment. While 16% characterized their feelings as “excitement” or “eagerness,” twice as many (33%) chose “annoyance” or “dread.” By contrast, after all the boxes have been checked and choices filed, ambivalence fell more than 20 points with 31% of respondents describing “no particular feeling at all.” (The emotional impact, it seems, doesn’t really kick in until it’s all over.) Among those who did feel something, reactions included “relieved” (23%), “satisfied” (21%), and “uncertain” (15%). Only 10% of respondents said they felt “confident” when it was all said and done.

Women are all about the eyes; men go for the teeth.
The top three benefits typically offered by employers during Open Enrollment (according to the respondents) are medical (84%), dental (72%), and vision (61%) plans. The same three in the same order were identified as the benefits respondents felt were the most important to them personally. It was a toss-up between the sexes though on which matters more — a healthy smile or healthy eyes. Men ranked the importance of a dental plan higher than women and, conversely, women ranked the importance of a vision plan higher than men. They agreed on one thing, however: Both reported feeling less knowledgeable about their vision plan than either their dental or medical plans.

I may not know everything, but I do know this …
Despite overall uncertainty, respondents were pretty sure about one specific part of their vision plan: Whether they’re eligible for new glasses this year. Respondents who indicated their company provides all three of the top benefits (medical, vision and dental) were asked which of eight questions they could answer “I know for sure off the top of my head.” The top three were:

  1. “Do you know who your healthcare coverage is provided by?” (83%)
  2. “What is your co-pay at the doctor’s office? (71%)
  3. “Are you eligible for new glasses this year?” (62%)

Of all the benefits, it’s medical where the real heartache lies. A majority (67%) named their medical plan as the benefit they are most knowledgeable about. However, they also ranked it as the hardest one to evaluate and make choices for and the one for which they have the least confidence in their choices.

Careless or efficient? Considered or procrastinating? More on the male/female divide …
When asked to choose one of three labels that best describe how quickly they complete Open Enrollment, the bulk (57%) chose “Relaxed Rule-Follower,” saying they complete Open Enrollment within several days after it begins. Next came “Eager Completers” (28%), nearly all of which said they finish within either days — or even hours — after Open Enrollment begins. Coming in last (of course) were “Persistent Procrastinators” (15%). Just over half of them said it takes them weeks to complete their sign-up. Here, too, a gender difference emerged: More men than women said they complete Open Enrollment within hours. More women than men said they complete it within weeks.

Do it, ignore it, groan about it.
When it comes to identifying the first thing respondents do when Open Enrollment is announced, about half of respondents — probably to the annoyance and envy of their coworkers — claimed immediate action. They either “Begin deciding on selections right away” (24%) or “Plan time to discuss it with spouse or legally covered partner” (20%). Others postpone the process in some way: “Add it to my to-do list or calendar” (16%), “Download or set aside information to review” (12%), or “Ignore it completely knowing they’ll remind me later” (8%). Another 8% chose a more primal reaction: “groan out loud.”

It’s different when you buy it “on the outside.”
When asked to compare their confidence in and knowledge about independent insurance decisions (e.g., auto and homeowners insurance) versus Open Enrollment decisions (e.g., medical, dental, vision, etc.) respondents were more likely to say they are “more confident” (28% vs. 10%) and “more knowledgeable” (27% vs. 13%) about their independent decisions than their Open Enrollment decisions.

Some things are definitely worse …
Given the choice, respondents said they would rather do the grocery shopping (76%), host a family gathering (65%), or watch a documentary (64%) than complete Open Enrollment. (It’s hard to say if they saw the options as a burden or a blessing.) They were divided (51% vs. 49%) on whether they preferred the process of completing Open Enrollment or buying a car. They were more united, however, when it came to one thing: 75% would prefer to complete Open Enrollment than clean a teenager’s bathroom.

About VSP Global
VSP Global® unites industry-leading businesses to bring the highest quality eye care and eyewear products and services to help people see across the globe. VSP Global businesses include not-for-profit VSP® Vision Care, the largest vision care company with more than 75 million members and a network of 32,000 eye doctors in the U.S., Australia, United Kingdom, Canada and Ireland; Marchon® Eyewear Inc., one of the three largest global manufacturers, designers and distributors of quality fashion and technologically advanced eyewear and sunwear; Eyefinity®, the largest EHR and premier practice management software company for the eye care industry; VSP Optics Group, industry leaders in new lens technologies, production processes, service and logistics; and VSP Retail, delivering a memorable consumer experience through a variety of channels that meet the diverse needs of VSP customers. VSP Global businesses operate in 100 countries on 6 continents.

 


(Español) Ajustándonos a Lo Más Seguro

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Sorry, this entry is only available in Español.

RCN Television Group’s MundoMax Expands Partnership With Meruelo Media; Network Adds Sales And Marketing Responsibilities For Los Angeles Flagship Station KWHY-TV, Channel 22 And Houston’s KUVM-CD, Channel 34

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RCN Television Group’s MundoMax Expands Partnership With Meruelo Media; Network Adds Sales And Marketing Responsibilities For Los Angeles Flagship Station KWHY-TV, Channel 22 And Houston’s KUVM-CD, Channel 34


MundoMax Establishes a New Ad Sales Structure


LOS ANGELES, Aug. 31, 2015 /PRNewswire-HISPANIC PR WIRE/ — MundoMax, the newly-rebranded U.S.-based Spanish-language broadcast network 100% owned and operated by media conglomerate RCN Television Group, and Meruelo Media, announced today an enhanced partnership in Los Angeles and Houston. In addition to providing its signature programming, MundoMax will now assume sales and marketing responsibilities for KWHY-TV, Channel 22, the MundoMax flagship station in Los Angeles, along with KUVM-CD, Channel 34, which serves the Houston DMA, in cooperation with existing station management. 

According to MundoMax President, Ibra Morales: “Both MundoMax and Meruelo Media are committed to the success of MundoMax and to making the necessary investments and changes to position the network for maximum sustainable growth in each market.”

“We enthusiastically welcome this new partnership with MundoMax in Los Angeles and Houston,” stated Otto Padron, Meruelo Media President, “We are confident that this new operational framework will give MundoMax real-time flexibility and the potential for greater success in these two very competitive markets.”  

Effective September 1, 2015, MundoMax will have in place its new sales structure headquartered in New York, with offices in Los Angeles, Chicago and Miami.  Morales added, “The sales structure is currently being led by Edward Jimenez, our former VP of National Sales alongside Tom Maney, who will remain in an advisory role for the near future. We want to continue offering our clients best in class service and solutions for their marketing needs in the U.S. Hispanic market.”

Starting in September, MundoMax will introduce one-minute local and national news briefs, that will air during commercial breaks, anchored by former Noticias 22 Los Angeles lead anchor Palmira Pérez. The Network will be debuting three new series this fall and return in 2016 with a revamped national news format.

About MundoMax
MundoMax is the U.S.-based Spanish-language broadcast television network 100% owned and operated by RCN Television Group, the media conglomerate who owns broadcast and cable channels serving U.S. Hispanic and Latin American audiences with a long track record of highly acclaimed series, telenovelas and formats that have been broadcast and adapted all over the world. MundoMax is broadcast over-the-air on the network’s affiliate stations, as well as through cable, satellite and telco providers in markets representing nearly 80% of U.S. Hispanic households.  Launched in fall 2012, MundoMax is headquartered in Los Angeles, CA.

About RCN Television Group
RCN Television Group belongs to the Organizacion Ardila Lulle (OAL), one of the most prominent industrial conglomerates in Latin America. RCN currently licenses its content in over 120 countries worldwide, including some of the biggest Spanish-language hits of recent years in the U.S., such as productions of “El Capo”, “Cafe Con Aroma de Mujer”, “Yo soy Betty la Fea” and “Pura Sangre”, and format rights for “Destilando Amor”, “Manana Es Para Siempre”, “Hasta Que El Dinero Nos Separe” and “La Fea Mas Bella” (“Ugly Betty”). RCN also operates and programs four cable networks in Latin America and the US focused on entertainment (Nuestra Tele, RCN Novelas), news (NTN24) and sports (WIN Sport).

About Meruelo Media
Meruelo Media (MM) is the media division of The Meruelo Group.  MM currently operates two Southern California Legendary media platforms; the classic hip-hop and R&B radio station, KDAY 93.5 FM and one of Los Angeles’ oldest Hispanic TV stations, KWHY-TV Canal 22, which is currently the flagship of MundoMAX Television Network.  The Meruelo Group is a minority owned, privately-held management company serving a diversified portfolio of affiliated entities with interests in banking and financial services; food services, manufacturing, distribution and restaurant operations; construction and engineering; hospitality and gaming; real estate management; media, public and private equity investing. 

For more information please visit www.meruelogroup.com.

Media Contacts:

Etienne Hernandez-Medina (H&M Communications for MundoMax)
323.857.4608
[email protected]

Sara Picazo-Gilbreath (Meruelo Media)
(213) 344-3736
[email protected]