Univision has purchased Disney-ABC’s equity in the millennial-oriented media company Fusion, taking an outright stake in the company. (Fusion had previously been a joint venture between Disney-ABC and Univision.) Univision will now be creating the Fusion Media Group, a unit composed of other Univision properties such as The Onion, Flama, The Root, El Rey, Univision Music, and Univision Digital. Some of these units are very recent acquisitions and initiatives, indicative of Univision’s increasingly robust efforts to reach millennial audiences. But never before have those efforts been unified like this. Isaac lee, CEO of Fusion and Chief News and Digital Officer at Univision, is set to oversee the new group. Fusion execs Boris Gartner and Daniel Eilemberg will become Fusion’s co-Presidents. Eilemberg will serve as Chief Content Officer, while Gartner will serve as Chief Operating Officer.
TV Land has cut ties with two more original series, canceling Lopez after two seasons and late-night comedy Throwing Shade after one. In addition, the Melissa McCarthy and Ben Falcone-produced comedy, Nobodies, is moving to flagship Viacom scripted brand Paramount Network.
FOX issued a put pilot order for comedy One Hit Wendy. Julianne Hough (Dancing With the Stars) stars as a singer who peaked at 18 and is now trying to guide her talented niece through the music biz.
Mashable was just sold – and it didn’t exactly fetch a hefty price tag. The digital media company was purchased by Ziff Davis, a publisher of gaming, healthcare, and tech content. The news was first reported by the Wall Street Journal. According to the paper, Ziff Davis only paid about $50 million for the company. […]
According to a new report from Recode, Univision is looking to bring in a minority investor to support Fusion Media Group. Along with the Fusion TV network and a production studio, FMG consists of a number of digital media properties, including The Onion and most of the sites formerly owned by Gawker Media. (Univision bought […]
NBC Olympics is lining up 1800 hours of live streaming coverage of the XXIII Olympic Winter Games from PyeongChang in February, marking a record for a Winter Olympics. In addition, PyeongChang will be the first Winter Games to offer live streaming of the NBC broadcast network, including primetime and primetime-plus programming as part of its […]