On April 13, Univision Communications revealed that, after years of rumors, it had reached an agreement with Mexico media pioneer Televisa that will result in the combination of the two multimedia conglomerates.
To create the binational radio, TV and digital giant, investors were brought to the table. They include the SoftBank Latin America Fund, The Raine Group and Google, with a combined $1 billion infusion from these entities agreed to.
It appears Google’s involvement with what will become Televisa-Univision goes beyond a simple investment.
