!Ay Caramba!

The $13.7 billion bid to buy out Univision, has pretty much shut out rival Grupo Televisa from the auction, spelling trouble for Mexico’s largest broadcaster.

It’s probably too expensive an option for Televisa to launch its own rival network, but it may have two other cards to play against a Saban-group controlled Univision: 1. Televisa could sue to get paid more for its shows. Or, 2. it could start hawking iPods: According to the Hollywood Reporter, Univision currently has no rights to air Televisa-produced novellas on iPods, cell phones or the Internet. A good lawyer and better leadership could help the company save face – and maybe even see a windfall.