Cox, Cablevision, Charter, AT&T, Google agree to launch Fusion

Joint venture from ABC and Univision set to debut in second half of 2013

ABC and Univision said they have signed carriage deals with Charter Communications (Nasdaq: CHTR), Cablevision (NYSE: CVC), Cox Communications, AT&T's (NYSE: T) U-verse TV and Google (Nasdaq: GOOG) Fiber TV to launch their news and lifestyle network.

The companies said Monday that the network will be called Fusion. It will target U.S. Hispanics with English-language programming when it debuts during the second half of the year. ABC and Univision announced plans for the joint venture last May.

Fusion lacks a distribution deal with Comcast (Nasdaq: CMCSA), which owns Univision rival Telemundo and news network MSNBC. The network also hasn't reached agreements with DirecTV (Nasdaq: DTV) or Dish Network (Nasdaq: DISH).

Univision and ABC said Fusion will be based in Miami. The companies haven't yet named a management team for the network.

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