Corporación Universal

Corporación Universal S.A.C is a radio, print, television and online media conglomerate with mass appeal, founded by Higinio Capuñay and his son Eduardo Capuñay in 2001 to aggregate two radio stations that they had previously acquired: Universal Radio, 1989, Monsefú in Chiclayo in the north of the country, a station which broadast popular northern music: pasillos, cumbias and boleros; La Karibeña, 1994, music radio station. Using a franchise model, they formed alliances with regional stations using the same name and musical mix, but with local programming to attract the loyalty of the public and advertisers. They began replicating this model by buying radio stations in other cities. As cumbia music grew in popularity, they too began to grow. In 2006 they launched Radio Exitosa in the north of the country, with a format of news and music. They began to diversify by organizing musical events and to represent bands, firstly with the Cumbia Vip S.A.C and later with Aventura Show S.A.C, thus gaining exclusive rights to releases by popular groups such as Corazón Serrano or Papillon. They attained national reach with the purchase in 2009 of three stations in Lima: La Karibeña, Exitosa and La Kalle. Five years later they entered the newspaper market with publications using the names of their radio stations as titles. In 2015, Radio Karibeña had 65 subsidiaries nationwide; Radio Exitosa, 59; Radio La Kalle, 20 and Z Rock & Pop, 8. It had 15 stations in addition to the three newspapers. It intends to continue expanding. Unlike other groups, in each city its transmits local information and caters to local musical tastes rather than relying on uniform national programming. It claims that the La Karibeña newspaper sells 80 thousand copies nationwide and Exitosa 44 thousand. During the 2016 electoral campaign the company made contributions of 7,500 soles to Alianza Popular and 2,340 soles Fuerza Popular. The group has faced allegations of failure to respect the labor rights of its employees. Some are hired through another group company: Contenidos Perú S.A.C. Other companies were established as vehicles for payment of employees.

Key facts

Mother Company

Corporación Universal SAC

Business Form

Private

Legal Form

Private Limited Company

Business Sectors

Shows: Adventure show

Ownership

Individual Owner

Higinio Capuñay Sarpán

Higinio Capuñay is an entrepreneur from the northern side of the country. He owned a printing company and bought Radio Universal of Chiclayo (Lambayeque) in 1989. He strengthened his empire thanks to the spread of the cumbia, a music genre which became very popular in his region. Eventually, he bought radio companies in various locations of the country and joined them to his greatest business success: Radio Karibeña. In order to make the leap to Lima, in 2009 he bought three radio signals for each radio station: Radio Karibeña (music), Radio La Kalle (sports) and Radio (news). He is involved in the cumbia show business. His family performs concerts and shows – formerly operating with an old startup, Cumbia Vip and now with Aventura Show. Activities are promoted by his radios. He is interested in politics. He ran for Congress in 1995 but did not get enough votes. Her daughter was congresswoman for the National Solidarity political party between 2011 and 2016. He supported the recall process against former mayor of Lima, Susana Villaran.

69.99%

Isabel Quispe Desposorio

Isabel Quispe Desposorio. Is a northern radio businesswoman. She was the first couple of Higinio Capuñay and is mother of the former congresswoman for National Solidarity, Esther Capuñay Quispe. She has been representative of Radio Karibeña S.A. in proceedings before the Ministry of Transport. She had other companies aimed at tourism. She has her own license for radio use in some regions.

30.01%

Media Outlets

Diario Exitosa

Radio

Radio La Karibeña

Other Media Outlets

Other Print Outlets

Exitosa, la Kalle, Karibeña

Other TV Outlets

Exitosa TV, Karibeña TV

Other Radio Outlets

Exitosa,La Kalle, Karibeña, Radio Amor, Sabor Mix

Other Online Outlets

exitosanoticias.pe, radiolakalle.pe,radiokaribena.pe, radioz.pe

Facts

Media Business

Media companies

Radio La Karibeña SAC, Radio Exitosa S.A.C., Contenidos Peru S.A.C.

Printing business

Latina Graf S.A.C.

Human Resources

Contenidos Perú S.A.C.

Business

Espectáculos

Aventura Show S.A.C. http://www.aventurashow.pe/

General Information

Founding Year

2001

Founder

Higinio Capuñay Sarpan

Affiliated Interests Founder

Employees

Corporación Universal S.A.C. : 16 workers and 28 service providers, Latina Graf S.A.C. : 98 workers, Contenidos Perú S.A.C. : 89 workers, Aventura Show S.A.C. : 25 workers and 10 service providers, Radio La Exitosa S.A.C. : 15 workers and 9 service provid

Contact

Av. Guardia Civil 674, Chorrillos, Lima.

Teléfono: (511) 6514072 / (511) 6514073 / (511) 2406077

Página web: corporacionuniversal.pe

Tax/ ID Number

20479381390 RUC

Financial Information

Revenue (Financial Data/ Optional)

Corporación Universal : 9,1 million dollars (25,9 million nuevos soles) (2015)

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Public contracts Radio Karibeña : 8’828,970.52 Soles (2015): 4’093,953.92 soles (2016)

Management

Executive Board

Higinio Capuñay

General Manager. He is an entrepreneur from the northern side of the country. He owned a printing company and bought Radio Universal of Chiclayo (Lambayeque) in 1989. He strengthened his empire thanks to the spread of the cumbia, a music genre which became very popular in his region. Eventually, he bought radio companies in various locations of the country and joined them to his greatest business success: Radio Karibeña. In order to make the leap to Lima, in 2009 he bought three radio signals for each radio station: Radio Karibeña (music), Radio La Kalle (sports) and Radio (news). He is involved in the cumbia show business. His family performs concerts and shows – formerly operating with an old startup, Cumbia Vip and now with Aventura Show. Activities are promoted by his radios. He is interested in politics. He ran for Congress in 1995 but did not get enough votes. Her daughter was congresswoman for the National Solidarity political party between 2011 and 2016. He supported the recall process against former mayor of Lima, Susana Villaran.

Omar Castro

Manager of Corporación Universal. He is the main spokesman to make statements about the radio business on behalf of the company. He was a candidate for the Congress for National Solidarity together with Esther Capuñay, daughter of Higinio Capuñay. Earlier he had tried to be district alderman of San Juan de Lurigancho representing the Peruvian Nationalist Party. He had computer technical studies at IDAT. He also studied Law at the Catholic University and he has a business administration degree from Centrum Católica.

Esther Capuñay

Is manager of Corporación Universal. She is daughter of Higinio Capuñay and Isabel Quispe Desposorio. She was a congresswoman for the National Solidarity political party between 2011 and 2016. In September of this year, she resigned the party. She was general manager of Corporación Universal S.A.C., Radio Karibeña S.A.C. and Grafisur S.A.C. simultaneously.