Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. Wade Davis will lead TelevisaUnivision as CEO. Esta combinacin transformadora une la ms destacada cadena al servicio de las audiencias hispanohablantes en Estados Unidos con la principal plataforma de medios en Mxico, propulsada por el ms potente creador de contenido en espaol del mundo, dijo Wade Davis, director general de Univision. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. are a step closer to finalizing the $4.8 . Televisa adems aportar sus cuatro canales de seal abierta, sus 27 canales de televisin pagada y estaciones, su estudio cinematogrfico Videocine y servicio de subscripcin Blim TV de video on demand (SVOD) y la marca Televisa. Allen & Company is acting as financial advisor to Televisa; Wachtell, Lipton, Rosen & Katz is providing legal counsel; and Pillsbury Winthrop Shaw Pittman LLP is serving as regulatory counsel. The combined entity will have the content, production capacity, intellectual property, global reach and financial resources to aggressively pursue the relatively nascent global Spanish-language streaming opportunity, Televisa said in a press statement. The new trajectory of our company is supported by our new ownership group, which is well positioned to amplify the efforts of one of the best leadership teams in the world., The combination of content assets from Televisa and Univision, the two leading media companies from the two largest Spanish-speaking markets in the world, has created a company with tremendous potential, added Alfonso de Angoitia, Executive Chairman of the TelevisaUnivision Board of Directors. The new company will be led by CEO Wade Davis, with Alfonso de Angoitia serving as executive chair of the board. 2022-09-21 22:26:23 - Pars/Frana. Details remain somewhat sparse, though the company says it will have a free and a premium tier. ForgeLight directly operates or provides dedicated operating support to its companies. The company does have valuable rights to sports and special events and produces news, movies, reality shows, childrens programs and educational programming. The SoftBank Latin America Fund is proud to invest in the combination of Televisa-Univision to help create a content powerhouse that can serve the nearly 600 million Spanish-language speakers globally. (Televisa), and Univision Holdings, Inc. (together with its wholly owned subsidiary, Univision Communications Inc., Univision), today announced a definitive transaction agreement in which Televisas content and media assets will be combined with Univision to create the largest Spanish-language media company in the world: Televisa-Univision (the Company). Televisa-Univision retendr todos los activos, la propiedad intelectual y la videoteca relacionada a la divisin de Noticias de Televisa. La teleconferencia se retransmitir a partir de la 12:00 p.m. Centro del 14 de abril hasta las 11:00 p.m. Centro del 28 de abril. After closing, content production and operations in Mexico will continue to be led by Emilio Azcrraga, Chairman of the Televisa Board of Directors, and Bernardo Gmez and Alfonso de Angoitia, Televisas Co-Chief Executive Officers, during a transition period to ensure a smooth and successful integration. While not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos. Univision is acquiring Televisas content assets for $4.8 billion. The world's leading Spanish-language media and content company completed its merger with Televisa. Televisa-Univision will emerge as the leading global Spanish-language multi-media company, uniquely positioned to capture the significant market opportunity for Spanish speakers worldwide, says Davis, who has been bullish about Univision since before taking over the company last year. La prominente cartera digital de la empresa incluye Univision.com, el servicio de streaming gratuito de video on demand con publicidad PrendeTV, Univision Now, la mayor red de influencers hispanos y varias de las aplicaciones ms populares. Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. Our daily ratings and market update email newsletter. Univision and Televisa first announced the merger in April 2021. Our new investors at the SoftBank Latin America Fund, Google and The Raine Group are just as excited about the opportunities presented by this combination., This transformative combination brings together the leading network serving U.S. Spanish-language audiences with the leading media platform in Mexico powered by the most powerful Spanish-language content engine in the world, said Univision CEO Wade Davis. Creative partnerships with Eugenio Derbez, Selena Gomez, Maria Dueas, Mario Vargas Llosa and Santiago Limn were among the first announced and will fuel what the partners say will be a truly compelling and first-of-its-kind offering. Why Netflix is dabbling in livestreaming, How strong is Dominions defamation case against Fox News? Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Click the link below to learn when Elon Musk will let these companies finally IPO. Disney bet big to bulk up on programming, and gain the majority stake in the Hulu streaming service, so it could take on Netflix around the world. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. In addition, Televisa retains the right to appoint two additional directors. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. L to R: Alfonso de Angoitia and Wade Davis. Sign in to your free account to enjoy all that MarketBeat has to offer. 1 Spanish-language sports network in the country. Audincia Pblica Apresentao Convnio ANEEL - AGEEL. After closing, content production and operations in Mexico will continue to be led by Emilio Azcrraga, Chairman of the Televisa Board of Directors, and Bernardo Gmez and Alfonso de Angoitia, Televisas Co-Chief Executive Officers, during a transition period to ensure a smooth and successful integration. We are confident that this strategic transaction will maximize the potential of our Content segment, while allowing us to strengthen our balance sheet and focus on growth opportunities at our Telecom business.. Televisa and Univision have closed their landmark transaction, a long-awaited merger deal that will now create a Spanish-language media and content powerhouse that will reach 100 million. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Televisa tambin tiene intereses en la publicacin y distribucin de revistas, deportes profesionales, entretenimiento en vivo, produccin y distribucin de pelculas, y juegos y sorteos. LionTree Advisors LLC le provey una opinin de razonabilidad financiera (fairness opinion) al Consejo de Administracin de Televisa. En Estados Unidos, el contenido audiovisual de Televisa se distribuye a travs de Univision Communications Inc. (Univision), una empresa de medios de habla hispana lder en Estados Unidos. Joo Pessoa - PB Junho, 2005. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. By tapping into Televisas vast content vault, along with the new Spanish-language originals in development and a wide range of collaborations with some of the most notable established and up-and-coming creators today, this offering will be the worlds first large-scale streaming service specifically developed for the Spanish-speaking audience. Ricinus communis. An Overview of Blue Chips. Televisa will continue to capture the upside from the significant growth potential of the Company by remaining the largest shareholder in Televisa-Univision with an equity stake of approximately 45%. The merger is expected to close in 2021, pending regulatory approval, and the combined company plans to launch a global streaming platform in early 2022. Televisa es una empresa de medios lder en la produccin de contenido audiovisual en espaol, un importante operador de Cable en Mxico y un sistema lder de televisin de paga va satlite en Mxico. La solidez financiera combinada permitir que la Compaa invierta en el anticipado lanzamiento de su plataforma global de streaming, que se tiene previsto para inicios de 2022. It will be managed by Univision Chief Executive Wade Davis, a former top Viacom executive who put together the investor group that purchased Univision late last year from a consortium of U.S. private equity firms. Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant. This press release contains forward-looking statements based on the current expectations of ForgeLight LLC, Grupo Televisa, S.A.B., The Raine Group LLC, SoftBank Group Corp. and Univision Holdings, Inc. 2023 The Hollywood Reporter, LLC. Como parte del acuerdo, Televisa seguir siendo propietaria de izzi Telecom, Sky y otras empresas, adems de los principales inmuebles asociados con las instalaciones de produccin, licencias de difusin e infraestructura de trasmisin en Mxico. Juan Carlos Rodriguez has been promoted to President of Sports Enterprises for Univision and, following the completion of the merger, the combined Televisa-Univision company, from his prior. Is Stellantis Stock a Value Investors Dream? To Read the Full Story Become an Adweek+ Subscriber. Which Dollar Store, If Any, is Worth Your Investment Dollars? Televisa-Univision surgir como la compaa lder en el mundo de medios mltiples en espaol, con una posicin nica para aprovechar la gran oportunidad del mercado de hispanohablantes en todo el mundo. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? Although the company produced more than 86,000 hours of content last year, its signature telenovelas havent connected with young audiences as they did decades ago. Esto crea un slido perfil de rentabilidad que es diferente al de todas las dems empresas de medios, al incluir la sinergia proyectada, se tiene previsto que el margen de EBITDA sea de aproximadamente 45%. With a global reach, Raine focuses on investment and advisory opportunities where its deep industry experience and unique network of strategic relationships can create value for portfolio companies and clients. 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