trending Market Intelligence /marketintelligence/en/news-insights/trending/jRHoxrGy1rgollGa4-ih8Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Televisa eyeing 40% of Univision


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

TMT News & Research: 2020 Recap

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic

Televisa eyeing 40% of Univision

Mexico's GrupoTelevisa SA, along with UnivisionCommunications Inc., filed a petition with the Federal CommunicationsCommission to permit foreign investment more than the current benchmark of 25%,Rapid TV News reported July 25.

Televisa, which owns 10% equity in Univision currently, is reportedlyplanning on owning a 40% stake in Univision, thereby becoming the main investor.Televisa currently supplies 35% of Univision's programming and 50% of its contentacross all platforms.

The FCC has reportedly taken the petition under consideration,with the final decision expected to be in September.

Televisa plans to increase its equity by reportedly investingin Univision through its planned initial public offering, which is likely to happenbefore year's end.