Disney/ABC Reportedly Investing $30M in Fusion

By Mark Joyella 

The Lost Remote newsletter brings you the the best in streaming news, from staffing changes to premiere dates to trailers—to the latest platform moves. Sign up today.

The New York Post reports Disney/ABC will make a $30 million infusion of cash into Fusion, the millennial-focused partnership between Disney and Univision.

The Post cites “sources” and quotes from a presentation document prepared for the fundraising, that suggests the network is seeking to expand its digital reach with fresh content:

Fusion attracted 5 million unique online visitors in April, a 130 percent increase since December, the document reveals.

Sixty-eight percent of its traffic is from mobile devices, according to the document.

Advertisement
Advertisement