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Home > 2007 > February > Wednesday, February 28 2007 > Televisa to Sell Univision Shares

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Wed28Feb2007

Televisa to Sell Univision Shares

13:22 H | Topics: Business - TV

univision.jpgMexican media megacompany Televisa isn't happy with Univision's new choice of chief executive.

Broadcasting Media Partners Inc., the investor group that is buying Univision, announced on Tuesday that Joe Uva will become chief executive of Univision on April 1. Broadcasting Media Partners said it expects the acquisition to close in March.
Televisa and Univision have been at odds with each other over internet distribution rights and a program license agreement. The latest beef between the two stems from a rejected bid from Televisa to acquire Univision.

Via / Forbes

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