Tuesday, January 19, 2016

Univision to purchase satirical website

MIAMI — The country's hottest Spanish-language TV network is growing its complete with associate degree unlikely purchase: the country's hottest English-language sarcastic web site.


Univision aforesaid it plans to announce on Tuesday that it's getting a four-hundredth dominant stake of The Onion, the humor website supported as atiny low newspaper in Madison, Wis., twenty eight years past.

The Onion workers can stay in its current headquarters in Chicago, however Univision can have the choice to buy the corporate outright.

The pairing could appear odd: a network that options racy soap operas, sports and news targeted at the nation's fifty million Hispanics, and therefore the nation's leading sarcastic website that pokes its finger at everything from politics to popular culture to the trivia of Americans' daily lives (recent headline: "Corn additional to list of things that upset Grandma's stomach").

Yet the acquisition follows a years-long effort by Univision executives to achieve parts of the U.S. population they feel area unit under-served by ancient news retailers.

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