Televisa, Univision to Merge, Forming Spanish-Language Media Powerhouse

Two of the biggest Spanish-language media companies in the world are planning to merge. Mexico's Televisa and Univision are set to combine media, production and content into a new company to be called Televisa-Univision, the two announced Tuesday. Univision will pay about $4.8 billion for Televisa's content assets. Univision CEO...