Investment Summary

Univision Invests In Onion

On January 19, 2016, Univision invested in digital media company Onion

Investment Highlights
  • This is Univision’s 1st transaction in the Digital Media sector.
  • This is Univision’s 3rd transaction in the United States.
  • This is Univision’s 1st transaction in Illinois.

Investment Summary

Date 2016-01-19
Target Onion
Sector Digital Media
Investor(s) Univision
Deal Type Stake Purchase

Target

Onion

Chicago, Illinois, United States
Onion, Inc. is the producer of The Onion, a satirical news publication. The Company was formed in 1988 and is based in Chicago, Illinois.

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Investor(S) 1

Investor

Univision

New York, New York, United States

Category Company
Founded 1992
Sector Media
DESCRIPTION

Univision entertains, informs, and empowers U.S. Hispanics with news, sports, and entertainment content across broadcast and cable television, audio, and digital platforms. The company’s top-rated media portfolio includes the Univision and UniMás broadcast networks, as well as cable networks Galavisión and TUDN, the No. 1 Spanish-language sports network in the country. Locally, Univision owns or operates 65 television stations in major U.S. Hispanic markets and Puerto Rico. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, plus 89 affiliates, a live event series, and a robust digital audio footprint. Univision was formed in 1992 and is based in New York, New York.


DEAL STATS #
Overall 3 of 6
Sector (Digital Media) 1 of 3
Type (Stake Purchase) 1 of 1
State (Illinois) 1 of 1
Country (United States) 3 of 5
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 The Root

Washington, District of Columbia, United States

The Root is an online news, opinion and culture destination for African-Americans.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-16 Gawker Media

New York, New York, United States

Gawker Media is a digital media company with a collection of websites covering a variety of topics. The Company was formed in 2002 and is based in New York City.

Buy $135M