FCC Approves Univision Sale to SearchLight

The FCC’s Media Bureau has approved the Univision Holdings sale of majority ownership interest in the Spanish-language media company and its broadcast properties (65 TV stations and 58 radio stations) to investment firms Searchlight Capital Partners and ForgeLight. The bureau’s approval is conditioned on the sale of three Puerto Rico TV stations — WLII and two satellites, WSUR and WOLE — to comply with FCC local ownership rules.