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NEW YORK The Federal Communications Commission on Tuesday approved the sale of Univision Communications to Broadcasting Media Partners, a group of private equity companies, with certain conditions.
Under a consent decree, Univision has agreed to pay a $24 million fine for violating children’s programming regulations. Univision also agreed to a detailed plan that will ensure its future compliance with the Children’s Television Act and other rules.
Last June, Univision said it would be acquired by a group of private equity companies including Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H.
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