Liberty Media Could Be Interested in Univision Stake (Report)

John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal.

A spokeswoman for Univision, which is owned jointly by private equity firms Madison Dearborn Partners, Providence Equity Partners, TPG and Thomas H. Lee Partners, declined to comment on the report.  A spokesperson for Liberty Media could not be reached for immediate comment. Grupo Televisa SAB, a large producer of Spanish-language television, is a minority investor in Univision.

It is not clear that Liberty and Univision will complete a transaction, according to the report, which suggested that “the two sides were far apart on valuation.” Univision remains open to a number of different possibilities, according to a person familiar with the matter, including an IPO.

Disclosure of Liberty’s potential interest serves as a reminder that Univision’s backers are likely to continue seeking a strategic exit from the business, which they took private in 2007. Private-equity firms typically try to get out from a business after a span of a few years’ time. Univision’s owners registered for an IPO in 2015, but have postponed the process as media companies grapple with destabilizing business factors such as consumer migration from TV to other kinds of video entertainment.

More TV

  • ROSEANNE - "Knee Deep" - Roseanne's

    TV Ratings: 'Roseanne' Season Finale Dips, 'The Middle' Series Finale Rises

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • Matt Groening Netflix Series 'Disenchantment' Sets

    Matt Groening Netflix Series 'Disenchantment' Sets Premiere Date

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • Blake Shelton performs at the CMA

    Kelly Clarkson, Blake Shelton, Chris Stapleton to Perform at CMT Music Awards

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • Babylon Berlin

    'Babylon Berlin,' Mainland Europe's Most Expensive Show, Set for Third Season (EXCLUSIVE)

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • UFC

    ESPN Adds Fights to UFC TV Rights Deal, Reaching $1.5 Billion Value (EXCLUSIVE)

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • Colin Callender on 'Cursed Child' and

    Strictly Business Podcast: Colin Callender on 'Cursed Child' and Navigating Co-Productions

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

  • White Famous' TV show premiere

    TV News Roundup: Jamie Foxx Returns to Host BET Awards

    John Malone’s Liberty Media could be interested in buying a stake in Spanish-language broadcaster Univision Communications Inc., which has been considering offers in the wake of a delay in its efforts to hold an initial public offering, according to a report in The Wall Street Journal. A spokeswoman for Univision, which is owned jointly by […]

More From Our Brands

Access exclusive content