Still smarting from the Saban-Univision deal, Mexico's largest broadcaster, Grupo Televisa is saying adios to its 11% stake in Univision, freeing it up to partner with other Spanish-language networks or launch its own.

We wonder if this move will provide a kind of content windfall for NBC's Telemundo, propelling it to the top of the Spanish-language market. No se yet, but stay tuned here for more news and all the rest of the phrases we remember from high school Spanish.