Spanish-language media conglomerate Univision has recently held talks with major media companies, including CBS and Time Warner, as it searches for a buyer, the Wall Street Journal reported late Thursday.

The company is owned by consortium of private investors including Haim Saban (pictured above), which has put a $20-billion-plus price tag on the conglomerate. So far, that price seems to putting a damper on any deal-making. In early 2007, the group bought the company for $13.7 billion.

The discussions come as two other mega-media-mergers are winding their way through government regulatory agencies: Comcast’s proposed $45 billion purchase of Time Warner Cable and AT&T’s $49 billion deal to buy DirecTV.

Read More: WSJ, Variety

Brief Take: This deal is at least partly about private equity investors wanting to cash out and take their profits while the market is amenable, but this wave of large media mergers has left less-big media companies wondering if they too need to get into an acquisition phase.

Tags:


  Save as PDF