FILE PHOTO: The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, March 9, 2017. REUTERS/Edgard Garrido/File Photo
MEXICO CITY (Reuters) -Mexico's telecommunications regulator IFT said on Tuesday it had authorized the plan for U.S.-based Spanish-language broadcaster Univision to acquire the content business of Mexico's Grupo Televisa in a deal to create a new company.
The two companies in April announced a plan to create a new firm called Televisa-Univision https://www.reuters.com/business/media-telecom/mexicos-televisa-says-merge-content-with-univision-new-media-company-2021-04-13, which will feature Spanish-language video content from both broadcasters, including soap operas known as telenovelas, sports and movies.
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