In January 2016, CEO Mike McAvoy announced that Univision Communications had purchased a 40% stake in Onion, Inc. "As an independent media company, we’ve always been forced to run a tight financial ship, which has made us smart and lean, but not always ready to invest in the great new ideas that we come up with," Mr. McAvoy said in a memo to staff. "I’m excited to see what we can do with Univision behind us." This brings "The Onion" into the Fusion Media Group arm of Univision, the same media family as the Gizmodo collection of sites (Kotaku, Lifehacker, Deadspin, etc.), which also has led to a consolidated media management platform and aligned content presentation styles with these sister sites.