Just in time to ring in the new year together, two Spanish-language media giants have tied the knot on their long-term strategic partnership.
On Monday, New York-based Univision Communications and Mexico's Grupo Televisa said they had wrapped up a deal announced in October to extend a programming licensing agreement that will keep Televisa's immensely popular telenovelason Univision's networks for at least another 15 years. Their previous programming agreement would have expired in 2017.