(April 6): SoftBank Group Corp. is in talks to invest in a new media company created through a combination of Grupo Televisa SAB and Univision Communications Inc.’s content assets, according to people familiar with the matter.

Televisa and Univision are discussing a deal to combine some content assets of the two Spanish-language broadcasters that could be valued at about $4 billion, said the people, who asked not to be identified as the information is private. While the exact assets that would be combined in the new entity couldn’t immediately be learned, a transaction will exclude both companies’ news divisions, the people said.