×
You will be redirected back to your article in seconds

Univision Buys The Root from Graham Holdings’ Slate Group

Hispanic media company Univision Communications has acquired The Root, a top online destination for African-American news and commentary, in a bid to expand its reach to a new audience.

Terms of the deal were not disclosed. The Root was a subsidiary of the Slate Group, owned by Graham Holdings Co. In 2013, Jeffrey Bezos, founder and CEO of Amazon.com, acquired the Washington Post, in a separate transaction.

In joining Univision, The Root will use UCI’s digital production facilities and publishing infrastructure while preserving its editorial voice, according to the company.

“This bold new partnership between Univision and The Root underscores the ties that have long bound people of color together throughout the Western Hemisphere and is a sign of even greater levels of communication, collaboration and exchange between these culturally vital groups of people,” said Henry Louis Gates Jr., director of the Hutchins Center for African and African-American Research at Harvard University, and chairman of The Root. Gates co-founded The Root with Donald Graham, CEO and chairman of Graham Holdings, in January 2008.

The Root reaches an average of 5 million unique users per month, according to research firm comScore. “Our diverse communities are continuing to define the fabric of the country, from buying power, to social influence, to elections,” said Isaac Lee, president of news and digital for Univision Communications and CEO of Fusion, a joint venture with ABC News.

[Correction: An earlier version of this story said Univision acquired The Root from Amazon.com founder and CEO Jeff Bezos. In fact, Bezos acquired only the Washington Post in 2013; Graham Holdings Co. retained ownership of The Root and was the seller of the property to Univision.]

More TV

  • Biggest Scandals Feuds and Apologies of

    Biggest Scandals, Feuds and Apologies of 2019

    Variety looks back on some of the biggest scandals, feuds and apologies of 2019: College Admissions Scandal Wealthy parents including Felicity Huffman and Lori Loughlin were charged with bribing school officials to get their unqualified kids into prestigious universities. Shane Gillis Executives at “SNL” hired, then fired, Gillis in September, before the new season started, [...]

  • Biggest Media Moments of 2019

    From 'Catch & Kill' to Shepard Smith: The Biggest Media Moments of 2019

    Variety looks back on some of the most memorable media events of 2019: ‘Catch & Kill’ Reopens Wounds at NBC News Ronan Farrow’s book relitigates his complaints that NBC News tried to tamp down his investigation of harassment and assault allegations against Harvey Weinstein. NBC News denies the claim. The book contains new allegations against [...]

  • Reno 911

    'Reno 911!' Revival Set at Quibi

    The classic Comedy Central series “Reno 911!” is being revived at Quibi for a seventh season. The original series ran from 2003 to 2009. Original series creators and cast members Robert Ben Garant, Thomas Lennon, and Kerri Kenney-Silver are attached to write and star in the new season. Peter Principato of Artists First will executive [...]

  • 8/23/19Executive Producer Vin Di Bona, Executive

    From YouTube to TikTok, 'AFV' Embraces Emerging Platforms to Stay on Top at 30

    Even as technology caught up to ABC’s “America’s Funniest Home Videos,” the 30-year-old clip show found a way to co-exist with online viral videos. “We’ve worked with YouTube and Snapchat and other platforms to embrace how we can utilize what we do and what they do,” says “AFV” creator Vin Di Bona. Since it began [...]

  • The Two Popes Netflix

    'Two Popes' Walk Into Abbey Road Recording Studio (No Joke)

    The soundtrack to Netflix’s “The Two Popes” is the tonally diverse product of Grammy Award-winning musician Bryce Dessner who was tasked by director Fernando Meirelles to score the film, generating large-scale cinematic energy to unseen, intimate moments between religious figures.  Scheduled for release on Friday, Dec. 20, “The Two Popes” explores the friendship between Pope [...]

  • Isabella Gomez Says Auditions 'Dwindled' After

    Isabella Gomez Says Auditions 'Dwindled' After 'One Day At A Time'

    Actress Isabella Gomez claims she started receiving less auditions once it became known she was Latina after starring as Elena Alvarez in “One Day at a Time.”  “It’s interesting because I am white passing. So, when I got here people didn’t know I was Latina. I was going out all the time, getting call backs [...]

  • "A Party Invitation, Football Grapes and

    TV Ratings: 'Young Sheldon' Rises Up Against 'Thursday Night Football'

    Up against fierce competition in the form of a blockbuster “Thursday Night Football” between the Dallas Cowboys and the Chicago Bears, “Young Sheldon” managed to gain week-to-week and top the scripted TV ratings chart for the night. The “Big Bang Theory” spinoff scored a 1.1 rating among adults 18-49, up 12% from the 0.98 rating [...]

More From Our Brands

Access exclusive content