Univision has completed its merger with Televisa’s media content and production assets, forming a new Spanish-language media group called TelevisaUnivision Inc.
The scale of the combined company will help Univision compete with NBCUniversal's Spanish-language network Telemundo.
The newly-combined company will launch a new streaming service for Spanish-speaking audiences in 2022, with both free and premium tiers, per a statement. It's also preparing "a massive pipeline of original content for the upcoming global streaming launch," it said.
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