Univision Communications is exploring a sale of Fusion Media Group, which houses websites including Gizmodo and Deadspin, as it pursues a companywide restructuring following a leadership change
Univision is reportedly considering selling Fusion Media Group, which comprises several English-language digital properties including Gizmodo, Lifehacker, and Deadspin, The Wall Street Journal reported on Friday.
The move comes roughly two years after Univision purchased assets belonging to what was then known as Gawker Media for $135 million. It happened on the heels of that company's 2016 bankruptcy filing.
Univision, the biggest Spanish-language TV broadcaster in the US, originally purchased...
According to sources cited by The Wall Street Journal, Univision is mulling the sale of the brand portfolio that includes popular sites like Gizmodo, Deadspin, The Root, Lifehacker and a chunk of The Onion. Last year, the Spanish language broadcaster reportedly attempted to offload a 20-percent stake in the company for $200 million, but ultimately […]
Univision Communications said Tuesday that it is exploring a sale of its Gizmodo Media Group, which houses websites including Gizmodo and Deadspin, and the satirical website The Onion, as it focuses on core assets.
