The long-brewing business plan that became public on Monday would offer both networks access to the growing audience of English-speaking Hispanics in the United States. It would also give ABC News a prominent cable outlet.
The singing competition squashed even the enormously popular CBS lineup of comedies. "Smash" dissipated a large portion of the "Voice" audience, but still managed to hit the best rating for any 10 p.m. drama on any network this season.
The availability of content across various platforms contributed to declines in newsstand sales for print magazines, analysts said. Women's and celebrity magazines suffered sharp dropoffs.