A Media company in the Spanish-speaking world & a participant in the international entertainment industry. Its activities include the production & broadcast of Spanish-language television programs, the distribution of Spanish-language magazines, & others.
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The deal TV just struck with Univision gives this Mexican network access to 35% of the US hispanic television media market, which not only continues to grow, but currently has little to worry about from the traditional networks.
The real story is not TV's success, its Univision's success and what it means for TV's long term earnings outlook.