Cynthia Littleton Business EditorThe union of Mexico’s Televisa and Univision has been considered by both sides for decades.
The impetus to finally make a deal come together was a mutual desire to create a Spanish-language streaming giant serving the U.S., Mexico and the rest of the Spanish-speaking world.In short, the merger of Univision with most of Televisa’s content and distribution assets in a $4.8 billion deal unveiled April 13 was fueled by the same motivation that brought Disney and 21st Century Fox together in 2019 and sent Viacom and CBS Corp.
back down the aisle the same year. Together, the Spanish-language stalwarts have more content and greater reach in their most important markets starting with the U.S.
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