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Univision Plans Spanish-Language Streaming Service Under New CEO
- Wade Davis wants to invest more in streaming after deal closes
- New ad-supported service is expected to launch next year
Photographer: Tim Rue/Bloomberg
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Univision Communications Inc. plans to launch a fresh streaming service in the first half of next year, a bet by new leadership that the Spanish-language broadcaster can attract more viewers with a bigger online presence.
The service is expected to include advertising and rely heavily on the extensive library of Mexico’s Grupo Televisa SAB, a Univision investor and longtime programming supplier, according to people with knowledge of the matter.