Univision is looking to sell both Gizmodo Media Group and The Onion, the company announced Tuesday.
“The Company has initiated a formal process to explore the sale of the assets comprising the Gizmodo Media Group (Gmg) and The Onion,” Univision’s statement said.
“The Company determined that pursuing a sale of Gmg and The Onion collectively will allow Uci to focus on its core assets and further strengthen Uci’s position as the No. 1 media company serving U.S. Hispanics, while enabling both Gmg and The Onion even greater opportunities to grow under new ownership.”
Also Read: Ratings: Fox's 'MasterChef,' '24 Hours to Hell and Back' Whip Up Easy Win Against Mostly Reruns
To read the full press release from @Univision Communications Inc., visit https://t.co/6V1MMlpcQ7 pic.twitter.com/uIctuwiuy8
— Uci Public Relations (@UCIPRTeam) July 10, 2018
Univision has struggled to monetize the Gizmodo...
“The Company has initiated a formal process to explore the sale of the assets comprising the Gizmodo Media Group (Gmg) and The Onion,” Univision’s statement said.
“The Company determined that pursuing a sale of Gmg and The Onion collectively will allow Uci to focus on its core assets and further strengthen Uci’s position as the No. 1 media company serving U.S. Hispanics, while enabling both Gmg and The Onion even greater opportunities to grow under new ownership.”
Also Read: Ratings: Fox's 'MasterChef,' '24 Hours to Hell and Back' Whip Up Easy Win Against Mostly Reruns
To read the full press release from @Univision Communications Inc., visit https://t.co/6V1MMlpcQ7 pic.twitter.com/uIctuwiuy8
— Uci Public Relations (@UCIPRTeam) July 10, 2018
Univision has struggled to monetize the Gizmodo...
- 7/10/2018
- by Jon Levine
- The Wrap
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