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MundoFox is a Spanish language American broadcast television network. The network is a joint venture between News Corporation’s Fox International Channels and Colombian broadcaster RCN Televisión, which formally launched on August 13, 2012.The launch of MundoFox was announced on January 23, 2012. Hernan Lopez, president and CEO of Fox International Channels, said the network will cater to “an increasing demand for quality Spanish-language content in the U.S. from both viewers and advertisers.In 2010, there were 50 million Latinos/Hispanics among 309 million residents (16 percent) in the United States; advertising revenue from the Hispanic/Latino market made up $3.6 billion of the $80 billion (4.5 percent) in the total domestic market in 2011.

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