Current Issue:



September 8:
The Radio Show Issue
Emmis CEO Jeff Smulyan




Click here to subscribe to Radio Ink.






Radio Ink Writers




















Journal: CBS Looks to Buy Univision

6-13-14

The owners of Univision Communications are looking for a buyer and the Wall Street Journal says CBS has had preliminary discussions about a purchase. Univision owns both TV and 68 Radio stations. Univision is controlled by several investors including billionaire Haim Saban and the Journal reports the group wants $20 Billion for the company which it purchased for $13.7 Billion back in 2007. It was expected that Univision would go public in 2015. In 2013, Univision Radio generated nearly $330 million in revenue, and produced $110 million in operating income.



Add a Comment

 

Send This Story To A Friend





 
Advertisements

Advertisements