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Televisa to Sell Univision Shares

1:22 pm By Jennifer Woodard Maderazo · business|TV · Comments Off

28 Feb 2007

Mexican 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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Posts Tagged ‘Spanish language television’

Televisa to Sell Univision Shares

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