Disney Looking to Sell Fusion Stake

Univision Might Buy Out Joint-Venture Partner
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The force is no longer with Fusion, as far as the Walt Disney Co. is concerned.

Disney is looking to get out of its joint venture with Univision, according to multiple reports. Fusion is aimed at the young millennial audience, but Disney recently has been investing in Vice Media, which also looks to attract younger viewers with news-like programming.

The programmer wants out of Fusion, which lost $35 million in 2014, by the end of the year, according to The Wall Street Journal. Selling to Univision is one scenario, but finding another buyer could be an option.

Read more at broadcastingcable.com.

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