Univision/Televisa Deal Raises Online Stakes
By Lee Vann
Univision and Televisa have finally kissed and made up. After years of bickering, last week’s reconciliation seems to be a win-win for both parties.
From a financial perspective, Televisa will invest $1.2 billion in Univision for a 5% equity stake and assume a huge chunk of Univision’s debt in exchange for an additional 25% equity stake. Perhaps more importantly, however, the deal grants Univision exclusive U.S. rights to Televisa’s broadcast and digital assets through 2020. Read More »
