Univision buys Disney out of Fusion
April 22, 2016
Disney’s ABC is extricating itself from the partnership with Univision Communications on Fusion, which they launched in late 2013. Effective immediately, Univision takes over ABC’s role in distribution and sales and has sole editorial control.
Univision is forming the Fusion Media Group, which includes Fusion, El Rey, The Root, The Onion, A.V. Club, Clickhole, StarWipe, Flama, Univision Digital and Univision Music. The group reaches approximately 27 million people each month across all platforms, according to Univision.
“This is an important time for Univision Communications as we continue to evolve as a company to meet and exceed the demands of the cross-cultural influencers that we serve. Fully integrating Fusion into our portfolio closely aligns with our desire to engage with our growing audience wherever they are, whenever they want and in their language of preference,” said Randy Falco, president and CEO, Univision Communications. “Fusion Media Group is extremely well positioned to reach this young, diverse audience at scale and with passion, irreverence and authenticity. It will define and lead the zeitgeist of American youth.”
Terms of the deal are not being disclosed.