 The FCC expedited its review of the deal, and approved the purchase on September 30, 1992, stating that the consortium was quantified to acquire Univision and that it was "unconvinced" by the petitioners' arguments that it would dilute the amount of American programming on the network.Subsequently, in January 1993, Univision canceled three U.S.-produced programs – the newsmagazines "Portada" ("Cover Story") and "Al Mediodía" and the variety series "Charytin International" – resulting in the layoffs of 70 production staffers based at Univision's Miami headquarters and at "Al Mediodía"s base in Los Angeles; although two of the three programs were replaced by Televisa series ("Portada" was replaced in its Wednesday night slot with the variety series "El Nuevo Show" ("The New Show"), a Los Angeles-based series hosted by Paul Rodriguez, which had aired on Saturdays for several years prior), Univision executives cited that all three programs were discontinued due to low ratings and not because of any plan to eschew American programming with imported content.Televisa and Venevision's stakes in the network in exchange the two foreign partners get 14.7% of Univision's revenue also gave Univision access to a broad selection of programs from Televisa and Venevision are locked up through 2017;.