October
11, 2000
Reaching the Hispanic
Southwest and Southeast markets.
HispanicVista.com
Business Wire released a CBS
update on October 2, 2000, describing a plan by
Belo, Corp. and Cox Communications to launch a
Spanish language, Mas Arizona, 24/7 television
channel during the month of November 2000.
The October 2nd
release quotes Sergio Carlos, president of the
Arizona Hispanic Chamber of Commerce, Hispanic
consumers in Phoenix have been under-served. For
many years, Univision was the only Spanish-language
TV broadcaster in town, and, although Telemundo's
recent entry into the market was certainly
welcome, KDRX has a weak signal, which has
limited its penetration. From a market
perspective, (Mas Arizona) obviously gives
advertisers more options, in terms of reaching a
very important and growing segment of our
community.
The nation's nearly 30
million U.S. Hispanics have disposable income
that has been estimated at around $350 billion.
The average Hispanic household's income has
soared well over 100 percent since 1980. By 2010,
the U.S. Census Bureau estimates that there will
be 40 million Hispanics living in the country.
Phoenix is America's 12th-largest Hispanic
market, and Hispanics make up about 23 per cent
of Arizona's population. More than 450,000 Cox
Cable customers will have access to Mas Arizona.
So while television will
play an important part in reaching the Southwest
market, newspapers in southern Florida play an
important role in reaching that market.
A MediaWeek article from
August 2000, reported that Miami is the third-largest
Hispanic market in terms of buying power, at $17.6
billion, according to Strategy Research, and
ranks first in per-capita buying power. Nearly
half of the businesses in
Miami-Dade are Hispanic-owned
(mostly Cuban-American).
Fifty-eight per cent of
Hispanics in Miami-Dade prefer to read their news
in Spanish that being the reason the Herald spun
off its Spanish-language section into a stand-alone
daily, El Nuevo Herald. Of an adult
population of some 1.6 million, an estimated 58%
is Latino, up from 49% in 1990 and just 5% four
decades ago.
Though a single designated -market
area, the cities and their home counties differ
substantially. Dade County for many years
has been an exile community while the Fort
Lauderdale-Broward's population is second and
third generation and not the fertile
Spanish-language print market Miami-Dade is.
They grew up on MTV, unlike
Hispanics in Miami-Dade, who overwhelmingly
prefer Spanish. Sun-Sentinel vice president/editor
Earl Maucker says Broward's Hispanics are very
comfortable with the English language and reading
in English.
(The information for this article was provided
by the Center for Media Research)
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