Univision Communications takes stake in The Onion

From this day forward, the satirical news site The Onion will be a Spanish-language publication… Okay, that’s not true – though Onion Inc. has indeed sold a large stake to Univision Communications. “Univision…has acquired a good chunk of Onion Inc. as of today, and may acquire the remainder down the line,” wrote Onion Inc. CEO Mike McAvoy in a memo to employees. Onion Inc.’s publications include the flagship Onion website, the satirical sites ClickHole and StarWipe, the arts and pop culture site The A.V. Club, and the digital video network Onion Studios. The details of the deal, including the size of Univision’ stake, weren’t officially disclosed, though more than one publication has reported that Univision will take a 40% stake, valued at under $200 million. At the very least, Univision will probably start paying for Joe Biden’s carwashes.

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MORE NEW JOBS!

Job of the Week DIRECTOR, DIGITAL PRODUCT DEVELOPMENT PGA TOUR FL Oversee our products, providing leadership across the TOUR to conceptualize/build/deliver our digital platforms. 8+ yrs related work exp. Knwldg of mult functional areas such as Prod Mngmnt, Engineering, Content dvlpmnt & UX/UI cust fan support. Full info/apply HERE CynopsisJOBS Good […]

Get your new job here!

Get your new job here!

Job of the Week DIRECTOR, DIGITAL PRODUCT DEVELOPMENT PGA TOUR FL Oversee our products, providing leadership across the TOUR to conceptualize/build/deliver our digital platforms. 8+ yrs related work exp. Knwldg of mult functional areas such as Prod Mngmnt, Engineering, Content dvlpmnt & UX/UI cust fan support. Full info/apply HERE CynopsisJOBS Good […]

Wendy Williams heads to late night on Bounce

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Sinclair gets Raw

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FOX launches Daytona drones

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