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.
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)