Does Univision own Televisa?
Televisa used to be a major programming partner for Univision. In fact, Televisa held 45% of Univision. But in 2022, Televisa sold its content assets to Univision, creating a new company called TelevisaUnivision Inc.
So, Univision doesn’t own Televisa in the traditional sense. However, the two companies are now closely intertwined. The merger created TelevisaUnivision Inc., which is the largest Spanish-language media company in the United States. Televisa still owns 45% of TelevisaUnivision Inc.
This deal gave Univision control over a massive amount of popular Spanish-language content. It also gave Univision a greater presence in the Mexican market.
Think of it like this: Imagine you and your best friend start a business together. You own 55% of the business and your friend owns 45%. Even though you own the majority, you’re still partners and your success is tied together. That’s similar to the relationship between Univision and Televisa now.
They’re working together to grow a new company, TelevisaUnivision Inc., which offers a lot of exciting opportunities for both companies.
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