(MONEY.CNN) — NBCUniversal, under pressure from an array of Hispanic groups, is severing its business ties to presidential candidate Donald Trump.
The Miss USA pageant, scheduled for July 12, will no longer air on the network. Nor will the Miss Universe pageant, scheduled for next January. Both pageants were, until now, jointly owned by NBC and Trump.
"At NBC, respect and dignity for all people are cornerstones of our values," the company said in a statement on Monday. "Due to the recent derogatory statements by Donald Trump regarding immigrants, NBCUniversal is ending its business relationship with Mr. Trump."
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