Univision Acquires Grupo Televisa Assets For $4.8 Billion And The Two Companies Create Global Spanish-Language Media Entity

Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant. Under the terms of the sweeping deal revealed this evening, Univision will pay $4.8 billion for the assets of Televisa, a Mexican production powerhouse that already was a minority owner of Univision. The two companies will then create Televisa-Univision, which they say will be the largest player in Spanish-speaking media. Grupo Televisa will be the largest stakeholder in the new company, owning 45%.