Friday, June 13, 2014

Univision Holds Potential Sale Talks With CBS, Time Warner, According to Report

Univision held preliminary talks with CBS and Time Warner over a potential sale, according to a report from the Wall Street Journal.

The U.S.-based Spanish-language broadcaster is said to be seeking at least $20 billion for the sale. That’s far more than the $13.7 billion a group of investors led by Haim Saban paid for Univision in 2007.

(Univision's biggest competitor, Telemundo, is owned by NBCUniversal-Comcast.)

For more information, check out the article in Variety by clicking here.

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