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UniMedia was the largest off-world news conglomerate in the Spiral. They were headquartered in the UniMedia Franchise Orbital.
Upon discovering a derelict Hysk spacecraft, they decided to use the Hysk's image and the Chronex formula to manufacture a news story to increase their ratings. They made it appear that the Hysk had taken over the Fountain Corporation on Archimedes and were distributing Chronex as an anti-aging drug. UniMedia reporter Huksley uncovered the story, but the Seventh Doctor, realised what was going on and helped her uncover the hoax instead. (PROSE: The Infinity Season)