Monday, May 25, 2015
Univision Announces Acquisition of The Root
On Monday May 18, 2015, Univision Communications Inc., the leading media company serving Hispanic Americans, announced that it has acquired The Root, the leading online news, opinion and culture destination for African Americans.
“This bold new partnership between Univision and The Root underscores the ties that have long bound people of color together throughout the Western Hemisphere, and is a sign of even greater levels of communication, collaboration and exchange between these culturally vital groups of people,” said Henry Louis Gates, Jr., director of the Hutchins Center for African and African American Research at Harvard University and chairman of The Root, who co-founded The Root along with Donald Graham, CEO and chairman of Graham Holdings Co., in January 2008.
The Root is the No. 1 news, opinion and analysis website for African-American influencers and reaches an average of 5 million unique users per month, according to ComScore.
For more information about the acquisition, read Yesha Callahan's blog in The Root by clicking here.