Media

Univision to name Vincent Sadusky as new CEO

Univision is poised to name media veteran Vincent Sadusky as its new chief executive, according to sources.

The struggling Spanish-language broadcaster is tapping Sadusky — a former financial chief at Telemundo — to replace Randy Falco, who is leaving after failing to execute the company’s plan to go public.

Insiders told The Post that Sadusky, who more recently engineered the $2.13 billion sale of Media General as its CEO, is being brought in to prep Univision for a sale, one of its only clear paths forward now.

Univision declined to comment.

Falco, who extended his contract late last year, later told the board that Univision would miss its 2017 earnings before interest, taxes, depreciation, and amortization projections.

Univision brought in the Boston Consulting Group to help clean up the books but by March, the board had scrapped the idea of going public and gave Falco his walking papers.

“The owners got nervous,” a source said. “This is a time when scale means everything and there isn’t an obvious dance partner for Univision.”

The source cited the network’s rejection of Discovery’s $13 billion offer in 2017. Discovery moved on and bought Scripps this year amid massive industry consolidation with Disney and Comcast vying for Fox and Time Warner and AT&T set to merge.

At one point, Univision had flirted with selling off its digital assets, which include the Gizmodo Group, owner of the former Gawker sites, but there’s now less of an appetite to buy digital media than a year ago, a source offered.

Falco, who served as CEO since 2011, will exit the company on June 1.