The Onion sells stake to Spanish-language broadcaster Univision
by Jasper Jackson from Technology | The Guardian on (#115WE)
Satirical website that describes itself as 'America's finest news source' will continue to be run independently
The publisher of satirical news site the Onion has sold a minority stake to US Spanish-language broadcaster Univision.
Univision, which runs channels aimed primarily at the US's Hispanic population, has taken a 40% stake worth less than $200m in Onion Inc, according to the New York Times. The company also runs viral publishing parody site Clickhole and digital culture site AV Club.