Report: 2019 Will Be Rough For Univision

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The New York Post is reporting that the five private equity owners of Univision are bracing for a 2019 revenue decline of 4 percent for the Spanish language broadcaster. The paper also says the five PE firms – Madison Dearborn Partners, Providence Equity Partners, TPG Capital, THL Partners and Haim Saban — may also be looking to generate cash by selling assets. Fusion Media Group, which includes Gizmodo and Deadspin are up for sale according to the report.

The five PE firms bought Univision for $13.7 billion in 2007. It’s believed the firms tried to sell Univision in 2014 for $20 billion and received no takers. The Post’s source, a Univision lender, believes the company is worth $11.5 billion, not much more than its $8 billion in debt.

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