Televisa Could Battle Its U.S. Partner

Mexican entertainment giant Grupo Televisa signaled Wednesday that it wasn’t ready to play nice with the group of private investors that last week won the auction for Spanish-language media company Univision Communications Inc., the Los Angeles Times reports. Televisa, the losing bidder and Univision’s most important supplier of programming, said it wanted to sell its 11.4% stake in the Century City-based broadcaster “as soon as possible” and threatened to become a competitor instead of a partner in the U.S.