Univision Sells Gizmodo Media Group, The Onion to Private Equity Firm Great Hill
Univision Communications sold the assets of Gizmodo Media Group and The Onion, as expected (see 1807100067). The buyer is Great Hill Partners private equity firm, which is starting G/O Media to operate the media companies "as independent assets," the broadcaster…
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said Monday. GMG includes Deadspin, Gizmodo, Jalopnik, Jezebel and The Root. The Onion portfolio includes the namesake parody publication and The A.V. Club.