(L-R) Actors Gina Rodriguez and Lou Diamond Phillips, director Youssef Delara, and producer Edward James Olmos accept the Special Achievement in Film award for 'Filly Brown' onstage during the 2013 NCLR ALMA Awards at Pasadena Civic Auditorium - 

It is no secret that Latinos are one of the fastest growing ethnic groups in America. By the year 2015, Latino buying power is expected to exceed $1.6 trillion. Yet, despite this surge in population and buying power, one place that Latinos are under represented is in the media.

The Center For the Study of Ethnicity and Race at Columbia University just released a new report on that found Latinos are vastly underrepresented in the American media landscape, both on screen and behind the scenes.

For more on the report, click the media player above to hear Univision news anchor Enrique Acevedo in conversation with Marketplace's Mark Garrison.

Follow Mark Garrison at @GarrisonMark