Why Former Viacom CFO’s Huge Univision Deal Makes Sense

Univision has been the No. 1 Spanish-language network in the U.S. for 27 consecutive seasons among adults 18-49

Searchlight Capital Partners and Wade Davis’ ForgeLight this week purchased 64% of Univision for an undisclosed — but definitely large — sum of money.

Why was the Spanish-language broadcaster, which has reportedly been plagued by internal complaints about corporate leadership and lack of strategy, so attractive to Davis, the former Viacom CFO? The network’s Nielsen TV ratings dominance coupled with the rapid growth of the U.S. Latino population, a majority of whom speak Spanish, opens up a world of possibility.

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Tony Maglio

TV Editor • tony.maglio@thewrap.com • Twitter: @tonymaglio

Jennifer Maas

TV Reporter • jennifer.maas@thewrap.com • Twitter: @jmaasaronson