Press

Joint Statement from ABC and Univision Communications Inc. (UCI)

By Univision PR Team

Apr 21, 2016

We have reached an agreement to end our joint ownership of FUSION with UCI becoming the sole owner. Effective immediately, UCI will take over ABC’s role in handling distribution and ad sales functions for FUSION’s multi-platform network and have editorial control. The transition of ownership will happen once the transaction is completed, which is expected to be as soon as reasonably practical. Terms of the transaction are not being disclosed.

Our companies have gained valuable knowledge from each other over the past several years and we are proud of what we have built together in a short period of time. The mutual bonds created between our teams will remain.

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DECLARACIÓN CONJUNTA DE ABC Y UNIVISION COMMUNICATIONS INC. (UCI)

Hemos llegado a un acuerdo para dejar de ser propietarios conjuntos de FUSION, y UCI pasará a ser el propietario exclusivo. UCI asumirá de inmediato las funciones de ABC como encargado de distribución y venta de publicidad de la cadena de plataformas múltiples de FUSION, y tendrá control editorial. El traspaso de propiedad se producirá cuando se finalice la transacción, que se tiene previsto suceda tan pronto como sea razonablemente posible. No se están dando a conocer las condiciones de la transacción.

Nuestras compañías han aprendido lecciones valiosas una de la otra en años recientes y es un orgullo para nosotros lo que hemos logrado juntas en poco tiempo. Los lazos que nuestros equipos han forjado perdurarán.

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