The Fusion Ticker: WSJ, Reuters, THR

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By Merrill Knox Comment

  • Wall Street Journal: “If you want to reach the next generation, how can you not do something in English, when you know the second- and third-generation Hispanics have English as their main language?” said Isaac Lee, president of Univision News and chief executive of Fusion.

  • Reuters: Fusion will start in 20 million homes, a fraction of CNN’s 99 million, with a goal of reaching 60 million within five years, ABC News President Ben Sherwood said.

  • The Hollywood Reporter: The joint venture partners, Univision and ABC News, won’t say what this is costing, but similar ventures have run in excess of $100 million, and even with some shared resources, there has been no skimping on this startup.
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