A sign is posted in front of the Univision building. | Photo by Mario Tama/Getty Images

Univision will launch a Spanish-language streaming service next year that sounds like a bit of a hybrid of Peacock and Netflix, with both a free tier as well as a paid plan that will focus on premium originals.

The new service will comprise a “vast content scope, expansive library and more Spanish-language originals than any other streaming service,” Univision said in a press release on Monday....

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