Its been quite a media week for Univision, the biggest Spanish-language broadcaster in the United States. Fresh off stage one of it’s war with Donald Trump, Univision announced it would file a registration with the SEC (Securities and Trade Commission.) This would be the initial step before offering of stock later this year.
Univision broke off ties with Trump due to statements he made about Mexican’s which woke up a sleeping Latino Giant. Trump is currently launching a $500 million dollar lawsuit against the station that Univision CEO Randy Falco described as
“proudly serving as the voice of Hispanics.”
Its not affecting the potential growth of Univision, which recently reached an agreement with Grupo Televisa, who supplies the best of its programming. Televisa hold 22% of voting rights for Univision stock. This is good news considering that the public offering is estimated to raise one billion dollars raising the value of the media company to $20 Billion.