Univision is considering a initial public offering next year, Reuters reported on Thursday.

The Spanish-language broadcaster has been private since a $12 billion buyout from Thomas H. Lee Partners, TPG Capital, Providence Equity Partners and Madison Dearborn partners six years ago.

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Televisa, a Mexican media company that provides programming to Univision, also owns 5 percent of the company with enough of its debt to take up to a 30 percent stake.

While Univision hasn't made a decision yet, an IPO is a consideration for the second half of next year, Reuters reported, citing three people familiar with the matter.

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Univision has been riding high ratings lately and in July it reported quarterly earnings that jumped 28 percent to $41 million on a 10 percent rise in revenue to $677 million.

Last week, Cesar Conde, who in 2009 was appointed as president of Univision Networks, resigned from his post and took a job at NBCUniversal.