Fusion Media Group
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| Formerly | Fusion Media Network (Univision&Disney-ABC) |
|---|---|
| Company type | DivisionofUnivision |
| Predecessor | Fusion Media Network (Co-owned byUnivision&Disney-ABC Television Group) |
| Founded | April 2016 |
| Headquarters | |
Key people |
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| Revenue |
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| Owner | Univision Communications |
Number of employees | 300 |
| Parent | Univision Communications |
| Divisions | Univision Story House |
| Website | Univision Portfoliio |
TheFusion Media Group(FMG;formerly Fusion Media Network[1]) is a division ofUnivision Communications.The company was launched in April 2016 after Univision bought outDisney'sstake inFusionthrough the Fusion Media Network joint venture between Univision & Disney-ABC.[2]While Univision is focused on serving Hispanic America in Spanish, FMG is the company's multi-platform, English language division targeting young adults.
Operations
[edit]The Root,an online magazine on African-American culture, was acquired by Univision in 2015.[3]It was eventually placed within FMG.
In January 2016,The Onionwas acquired, along with its sibling properties.[4]
Univision Story House was introduced in May 2016 as the content development and production unit ofUnivision,but to be managed by FMG.[5]
In August 2016, FMG acquired the online properties ofGawker Media,excludingGawker,and renamed the company Gizmodo Media Group.[4][6][7][8]
In July 2018, it was reported that Univision plans on selling theGizmodo Media GroupandThe Onion.[9]In April 2019, Gizmodo Media Group and The Onion were sold to Great Hill Partners. The sale was completed on April 8, 2019, with Gizmodo Media Group and The Onion being merged to form G/O Media, Inc.[10][11][12]
Brands
[edit]FMG includes both online and television properties, with a combined digital reach of around 65.6 million people in May 2016.[13]
Current assets
[edit]- Uforia (Still active)
- Investing (Still active)
- The Flama (inactive)
- TrackRecord.net (inactive)
- Univision Story House (inactive)
Former assets
[edit]- Fusion TV
- Gizmodo Media Group(now part ofG/O Media,[14]formerly Gawker Media)
- Gizmodo
- Deadspin
- Jezebel
- Lifehacker
- Jalopnik
- Kotaku
- io9
- Splinter News
- The Root
- Earther
- The Inventory
- The Takeout
- The Onion(now part of G/O Media)
- ClickHole(sold by G/O Media toCards Against Humanity,now employee-owned)[15]
- The A.V. Club
References
[edit]- ^"Fusion Media Network, LLC: Private Company Information - Bloomberg".bloomberg.
- ^Steel, Emily (2016-04-21)."Univision Buys Out Disney's Stake in Fusion".The New York Times.ISSN0362-4331.Retrieved2016-10-16.
- ^Bond, Shannon (2015-05-21)."Univision buys African-American news site The Root".Financial Times.ISSN0307-1766.
- ^ab"Univision's Billionaire Chairman Sets His Sights on the U.S. Election".Bloomberg.13 October 2016.Retrieved2016-10-16.
- ^Steinberg, Brian (2016-05-11)."Univision to Launch 'Story House' Production Studio".Variety.Retrieved2016-10-16.
- ^Calderone, Michael (2016-08-18)."Gawker Media Was Saved, But Gawker Is Over".The Huffington Post.Retrieved2016-10-16.
- ^Spangler, Todd (2016-09-21)."Univision Hires News Corp's Raju Narisetti to Oversee Sites Acquired From Gawker Media".Variety.Retrieved2016-10-16.
- ^"Univision Hires News Corp Vet to Lead Former Gawker Media Sites".The Hollywood Reporter.Retrieved2016-10-16.
- ^"Univision Looking to Sell Gizmodo, The Onion".Cablefax.Retrieved2018-08-08.
- ^Mullen, Benjamin (April 8, 2019)."Great Hill Partners Agrees to Acquire Gizmodo Media Group".Wall Street Journal.RetrievedApril 8,2019.
- ^Hayes, Dade (8 April 2019)."Univision Finalizes Sale Of Former Gawker Portfolio And The Onion To Private Equity Firm Great Hill Partners".Retrieved9 April2019.
- ^"Univision Announces Sale of Gizmodo Media Group and The Onion to Great Hill Partners".Univision(Press release). 8 April 2019.
- ^Rodriquez, Rene (2016-07-24)."How a new TV network is trying to hook millennials of all kinds".Miami Herald.Retrieved2016-10-16.
- ^"UNIVISION COMMUNICATIONS INC. AND SUBSIDIARIES 2019 Second Quarter Reporting Package"(PDF).Univision Communications Inc. - Financial Reports - Quarterly Reports.June 30, 2019.
- ^Notopoulos, Katie."Cards Against Humanity Bought Clickhole".BuzzFeed News.Retrieved31 January2022.
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| U.S. television networks |
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| Mexican television networks |
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| Uforia Audio Network |
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| Univision Television Group |
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| Univision Online | |||||||||
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