In response to Donald Trump's anti-Mexican comments during his presidential campaign launch, Univision has cancelled the network's airing of the Miss Universe pageant, in which Trump holds part ownership.
Last week, in his speech announcing a run for president, Trump deplored immigrants from Mexico who "have lots of problems" and are "bringing those problems to us."
"They're bringing drugs, they're bringing crime, they're rapists," he said, adding, "and some, I assume, are good people."
Trump went on Fox News Thursday to say, "Of course I'm standing by the statement." He adde, "I love Mexico, I love the Mexican people."
Trump also said he intends to sue Univision for refusing to carry the Miss USA pageant.
"I'm going to have to sue Univision now... They have a signed contract," he said. At another point Trump said, "They'll have to pay me a lot of money."
Trump's original comments last week caused an outcry. Jorge Ramos, a prominent Univision host, called Trump's remarks "absurd" and "prejudiced."
On Thursday, Univision said its entertainment division is "ending the company's business relationship with the Miss Universe Organization, which is part-owned by Donald J. Trump, based on his recent, insulting remarks about Mexican immigrants."
"At Univision, we see first-hand the work ethic, love for family, strong religious values and the important role Mexican immigrants and Mexican-Americans have had and will continue to have in building the future of our country," the company said. "We will not be airing the Miss USA pageant on July 12 or working on any other projects tied to the Trump Organization."