Bebe dulce Jesus! Univision deal shaping up, rapido

The wires are crawling with reports that Univision (whose board met yesterday) might be selling to a group of U.S. investors, who’ve in turn teamed up with Mexico’s Televisa.

153049__leslie_l.jpg
It’s curious to us that CBS Viacom’s Les Moonves isn’t more interested in owning at least part of Univision: Viacom’s already got a foothold on the overseas Latin youth market via MTV International, and unlike the CW, Univision is about the only broadcast network that’s in a position to grow.

What’s more, due to federally-mandated foreign ownership restrictions, Televisa will only ever be able to own a quarter of Univision at the most (it now owns 11%).

Come on, Les. You majored in Spanish. Adelante!