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.

Related Stories

Jane Latman takes helm at Travel Channel

Jane Latman takes helm at Travel Channel

In the latest Discovery shuffle post-Scripps acquisition, Jane Latman is new GM at Travel Channel, reporting to Henry Schleiff. Latman also will continue to serve as EVP, development and research, for Investigation Discovery and American Heroes Channel, and GM of Destination America.

Galecki’s SciJinks to debut in May

Galecki's SciJinks to debut in May

Using science as the foundation for stunts and practical jokes, SciJinks, the new science prank show hosted by Johnny Galecki, will premiere Wednesday, May 16 at 10p on Science Channel. Galecki, along with science “prankologists” Tamara Robertson and Jason Latimer, test out science on unsuspecting marks, drawing from chemistry, physics, technology, engineering and more.

Amazon Prime serves up US Open deal

Amazon Prime serves up US Open  deal (Facebook)

Amazon Prime Video continues to bolster its sports rights portfolio, locking in a deal with the USTA to snag the exclusive live telecast rights to the US Open Tennis Championships for the United Kingdom and Republic of Ireland. The five-year agreement, which begins with the 2018 US Open, will bring live and on-demand content to […]

Networks get their NFL plays

Networks get their NFL plays (Facebook)

Armed with its new Thursday Night Football package, FOX kicks off its coverage of the regular season with Week 1 as a national weekend on Sept. 9 pitting the Cowboys/Panthers and the Seahawks/Broncos at 4:25p while Thanksgiving will see the Redskins/Cowboys on the channel. This year’s Thursday Night Football package on FOX begins in Week […]

11 series land renewals on CBS

11 series land another season on CBS

CBS renewed 11 more series for the 2018-19 season, for a total of 17, including the entire Tuesday and Friday night lineups. Coming back are Blue Bloods, Bull, Hawaii Five-0, Madam Secretary, MacGyver, NCIS: Los Angeles, NCIS: New Orleans, Survivor, The Amazing Race, 48 Hours and 60 Minutes.