TelevisaUnivision: Diving Into The Media Merger

LOS ANGELES, UNITED STATES: The headquarters of Univision Communications is pictured 12 June 2002 in Los Angeles, where it was announced that the Spanish-language media group will take over the Dallas-based radio firm Hispanic Broadcasting in an all-stock deal worth 3.5 billion USD. AFP PHOTO/Mike NELSON (Photo credit should read MIKE NELSON/AFP via Getty Images)

Grupo Televisa, Mexico’s largest television network, announced Tuesday it is joining with U.S. Spanish-language broadcaster Univision to form a third company that will produce content for both that will be the “definitive global leader in Spanish-language media.”

Grupo Televisa, Mexico’s largest television network, announced Tuesday it is joining with U.S. Spanish-language broadcaster Univision to form a third company that will produce content for both that will be the “definitive global leader in Spanish-language media.”

The new company will be known as TelevisaUnivision. Both firms have been struggling to capture a share of the booming over-the-top video services sector.

Televisa said the new company will be in charge of producing shows, distributing and marketing for both Televisa and Univision and also will create a new streaming channel.

With files from the Associated Press.

Guests:

Julio Rumbaut, president of Rumbaut & Company, a media advisory and consulting firm that specializes in Spanish-language media; he tweets

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Melita Garza, associate professor of journalism at Texas Christian University and author of “They Came to Toil: Newspaper Representations of Mexicans and Immigrants in the Great Depression” (University of Texas Press, February 2018)