Televisa sues Univision over internet broadcast rights.

GRUPO Televisa SA, the world's largest Spanish-language broadcaster, filed a lawsuit against Univision Communications Inc. in Los Angeles Superior Court for the right to distribute its programming in the United States over the Internet.

The suit comes less than a month after Mexico City-based Televisa lost the bidding for Univision, the largest Spanish-language media company in the U.S. Univision's board accepted a $12.3-billion offer by a group of private investors that includes billionaire media baron Haim Saban. The investors invited Televisa, which still holds an 11.4 percent stake in the company, to join them, but Televisa declined. Televisa has said that it intends to sell its stake in Univision and that it is seeking a ruling on whether its current agreement to provide programming to Univision prohibits the company from broadcasting the same programming over the Internet. Televisa provides much of Univision's most profitable programming under a deal that continues through 2017.