Univision is Going Public, and With it Comes a First Look at Fusion's Losses

America's largest Spanish-language broadcaster wants to add Wall Street to its audience.
Univision plans to launch a public offering later this year, according to paperwork filed with the Securities and Exchange Commission on Thursday. The filing offers a deeper look at one of the most successful TV channels in the country — and also one of the least successful.
The network has risen to become one of the most widely watched TV channels of any language. In 2013 and 2014, it beat out the likes of ABC, CBS, FOX and NBC for July "sweeps," establishing itself as arguably the top U.S. channel for adults.
However, some of Univision's investments have been less successful.
Fusion, a much buzzed-about digital media company that is a co-venture between Univision and Disney/ABC, is bleeding tens of millions of dollars a year, according to the filing, which offers the first clear picture yet of Fusion's financials.