Actual TV network buys stake in satirical news network (Univision invests in The Onion/AV Club/Clickhole to bolster Fusion)

¿Cómo se dice “The Onion” en Español? Univision Communications Inc., the leading media voice for Hispanics in the United States, has purchased a minority stake in Onion Inc., the digital comedy, satire and entertainment brand whose most popular platforms are The A.V. Club, Clickhole, and The Onion. Terms of the investment were not disclosed, although a source familiar with the deal told The New York Times that Univision had invested in 40 percent of The Onion’s companies with a valuation of $200 million. In other words, an actual mainstream news and entertainment broadcaster bought into a fake one and...

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