Wednesday, September 10, 2003

FT.com / Industries / Media & entertainment

FT.com / Industries / Media & entertainment: "The Federal Communications Commission has decided to approve the $3bn acquisition by Univision of Hispanic Broadcasting Corporation, according to an FCC official, in a decision that could be announced on Tuesday.

In allowing the merger of the two Hispanic broadcasters to proceed, the FCC decided against treating Spanish-language media as a separate media market. The merger allows Univision to expand further into the Spanish-language radio market."

Woohoo, now all spanish-speaking Americans get the same news from the same guy.

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