Univision and Televisa Join Forces in $4.8 Billion Spanish-Language Media Merger

Univision and Mexico's Televisa--two of the biggest Spanish-language media companies--are preparing to join forces in a merger that will enable them to capitalize on the so-far sluggish Hispanic global streaming space. They will merge their media, content and production assets into a new company, Televisa-Univision, in a $4.8 billion deal, the companies said today. Televisa-Univision...