Univision just bought a major stake in America’s finest news source

Area husband told to pick up onions accidentally returns home with media empire.* According to NPR, Univision has bought a 40 percent controlling stake in The Onion, with the right to later buy the media company in full. The Onion, which in addition to its eponymous site includes serious pop culture outlet The AV Club and bastion of painful truth Clickhole, has been on market since at least November 2014.

For Univision, the company has another avenue through which it can potentially reach a younger demographic, a strategy it is explicitly pushing with its co-venture Fusion. NPR notes that its “formidable — but in many ways unrealized — aspirations” for Fusion was a key reason that Univision sought an additional source of millennial…

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