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Univision Becomes Minority Investor in The Onion

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#1 tsmonk



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Posted 19 January 2016 - 12:41 PM

No joke - really.



Univision has purchased a minority stake in Onion Inc. -- the company behind the satirical news site The Onion, according to a Univision release.


Univision is one of the top Spanish-language media companies with a loyal following among Latinos in the U.S. The investment is an attempt to help the network diversify its content and broaden its appeal to Millennials.



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