Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. The companies jointly announced the move late Tuesday, formalizing a process that began quietly after Univision came under new ownership late last year. 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. GOOG La Compaa se beneficiar, adems, de los activos de Univision, que son lderes en el mercado de Estados Unidos e incluyen las cadenas de seal abierta Univision y UniMs, nueve cadenas de cable en espaol, 61 estaciones de televisin y 58 estaciones de radio en importantes mercados hispanos en Estados Unidos y Puerto Rico, y prominentes activos digitales, entre ellos el recin lanzado PrendeTV, su servicio de streaming de video on demand con publicidad (AVOD). padding:0!important; The power and scope of these content assets are unmatched. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Joo Pessoa - PB Junho, 2005. While not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos. American Consumer News, LLC dba MarketBeat 2010-2023. For more information, visit corporate.univision.com/newco. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. Televisa-Univision also received a $1. Univision and Mexico's Televisatwo of the biggest Spanish-language media companies in North Americaannounced the completion of their landmark $4.8 billion merger on Monday. Abans de l'inici de la temporada de la NFL, mitjans de comunicaci de tot el pas Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. Televisa to Merge its Media, Content and Production Assets with Univision in Landmark Transaction, Creating the Premier Global Spanish-Language Media Company, Televisa-Univision, the new combined company, creates the global leader in Spanish-language media with the largest library of owned content, coupled with unmatched production capabilities to power its leading television, digital and streaming platforms, As the definitive global leader in Spanish-language media, Televisa-Univision will have the operating assets, financial scale and audience reach to accelerate its digital transformation and deliver a differentiated streaming proposition to the underserved global Spanish-language population, Televisa to contribute its content assets for a total value of $4.8 billion, comprised of $3.0 billion in cash, $1.5 billion in Univision equity and $0.3 billion from other sources, Transaction partially financed by a new $1 billion Series C preferred investment led by the SoftBank Latin America Fund with participationfrom ForgeLight, Google, and The Raine Group, underscoring confidence in Televisa-Univisions ability to capture the global Spanish-language streaming opportunity. As a result of the combination, TelevisaUnivision reaches over 60 per cent of the respective TV audiences in both the US and Mexico. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. SoftBank Latin America Fund se enorgullece de invertir en la combinacin de Televisa-Univision para ayudar a crear una potencia de contenido que puede prestar servicios a casi 600 millones de hispanohablantes a nivel mundial. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. Slideshow 4039556 by kirti Less than 10% of the Spanish speaking population currently use an OTT video product, compared with the English language market where nearly 70% of the population has at least one streaming service. La destacada cartera de propiedades de la compaa incluye las cadenas de seal abierta Univision y UniMs, y 10 cadenas de cable, incluidas Galavisin y TUDN, el canal deportivo No. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on and TWO wasn't on the list. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. Cleary Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America Fund. Univision had signed deals with Eugenio Derbez and Selena Gomez in anticipation of the streaming launch, which will also leverage Televisas significant library to total more than 300,000 hours of content. As a result of the significant equity infusion and enhanced profitability of the Company, Televisa-Univisions net debt leverage ratio is expected to decline by over 2.0x to approximately 5.0x, when accounting for run-rate revenue and cost synergies of $200 to $300 million. The deal borrows from the playbook of Walt Disney Co., which two years ago acquired much of Rupert Murdochs 21st Century Fox entertainment holdings for $71 billion. 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. Contactos para los medios e inversionistas, Univisions 35th Annual PREMIO LO NUESTRO Ranks as #1 Program on All of Television and Social Media, PREMIO LO NUESTRO Celebrates 35th Edition with a Spectacular Gala. At closing, the board will be composed of Emilio Fernando Azcrraga Jean, Bernardo Gmez Martnez, Alfonso de Angoitia Noriega, Marcelo Claure, Michel Combes, Gisel Ruiz, Oscar Muoz, Maria Cristina MC Gonzalez Noguera, Wade Davis, Eric Zinterhofer, Jeff Sine and two additional Televisa appointees. Televisa-Univision when the transaction closes. defy industry trends. It was the right moment, and the right people to do it with.. I would also like to thank Televisa Co-CEOs Alfonso de Angoitia and Bernardo Gmez for their continued support and partnership as we work together to provide our audience with even more access to even more powerful, compelling and engaging Spanish-language content, however they choose to access it., We have been deeply involved with Univision for more than two decades, and we have never enjoyed a better relationship with our partners, said Bernardo Gmez and Alfonso de Angoitia, Televisas Co-Chief Executive Officers. Televisas cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers. 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. The combination will be financed through $1.0 billion of new Series C preferred equity investment led by the SoftBank Latin American Fund (SoftBank), along with current Univision investor ForgeLight LLC, with participation from Google and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. Univision has long been tethered to Televisa through a long-term programming rights agreement. Throughout the week, Televisas audiences were 91 per cent higher than those of the second largest broadcaster, while audiences at its flagship network, Las Estrellas, were 154 per cent higher than those of its closest competitor. named to Univision's Board of Directors in November 2020. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. Opinions expressed by Forbes Contributors are their own. The Board of Directors of both Televisa and Univision have already approved the combination. Me gustara agradecer al presidente del consejo, Emilio Azcrraga, por su confianza en nosotros para, como socios, continuar propiciando el crecimiento de la fabulosa empresa que l y su familia han desarrollado. Despus de la transaccin, Televisa continuar el desarrollo y la expansin de sus actividades de telecomunicaciones en Mxico, que son lderes en el sector, con el mejor acceso de alta velocidad al internet y programacin de alta calidad como agregador de contenido. The Televisa deal is expected to close later this year. The new company will be called Televisa-Univision. For more information, visit www.raine.com. Televisa-Univisions differentiated market proposition and cost structure allow for premium top line pricing with efficient content costs as most of the production will take place in Mexico where the Company has substantial high quality production studios in an ideal market to source premium content. 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, Want Monthly Income? View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? 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. "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,". She was the lead reporter for The Times coverage of the deadly Rust shooting on a New Mexico film set in 2021, work recognized by the Pulitzer Prize board as a finalist in breaking news. As a part of the agreement, Televisa will continue to hold on to its approximately 45% equity stake in the company and retain ownership of izzi Telecom, Sky, and other businesses, as well as the main real estate associated with the production facilities, the broadcasting licenses and transmission infrastructure in Mexico. Wade Davis, the CEO of Univision, who will head the combined company, said the merger is about becoming a force in Spanish-language. The new company, TelevisaUnivision, creates the worlds leading Spanish-language media and content company. The goal is to launch a global Spanish-language streaming service this year, which will be formally unveiled next month. 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. Guggenheim Securities and J.P. Morgan are acting as financial advisors to Univision; and Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP and Covington & Burling LLP are serving as legal counsel to Univision. and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. The new entity, known as T Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve.. 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 Companys new investors include SoftBank Latin America Fund, Google and The Raine Group. Despus de la transaccin, la produccin de contenido y las operaciones en Mxico seguirn a cargo de Emilio Azcrraga,presidente ejecutivo del Consejo de Administracin deTelevisa, yde Bernardo Gmez y Alfonso de Angoitia,copresidentes ejecutivos deTelevisa, durante el periodo de transicin para asegurar una integracin fluida y exitosa. Adems, Uforia, the Home of Latin Music, es propietaria u opera 58 estaciones de radio, presenta una serie de eventos en vivo y tiene una robusta presencia de audio digital. }. The newTelevisa-Univision entity will hold one of the largest long-form libraries of content in the world, a considerable portfolio of IP and global sports rights and arich Spanish-language production infrastructure. Univision is acquiring Televisas content assets for $4.8 billion. Univision CEO Wade Davis will lead the combined company, which will take on the name Televisa-Univision. font-size: 34px; She previously wrote for the Miami Herald and the Palm Beach Post. July 19, 2021 9:45am Univision's Wade Davis Courtesy of Univision Univision Holdings has added to the management ranks for its unified streaming service to emerge from its Televisa. Audincia Pblica Apresentao Convnio ANEEL - AGEEL. Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board. Thank you, you'll be receiving newsletter updates from us in your email inbox. Como la empresa lder de contenido y medios en espaol en Estados Unidos, Univision Communications Inc. los entretiene, informa y empodera con contenido de noticias, deportes y entretenimiento en televisin de seal abierta y cable, adems de audio y plataformas digitales. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. Legal experts weigh in, ChatGPT who? Pillsbury Winthrop Shaw Pittman LLP served as legal counsel to The Raine Group. Alfonso de Angoitia will serve as Executive Chairman of the Televisa-Univision Board of Directors and Marcelo Claure, CEO of SoftBank International, who was named to Univision's Board of Directors in November 2020, will become Vice Chairman of the Board. Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment. A member of the Company Town team for two decades, James specializes in covering television, corporate media and investigative projects. A conference call to discuss the combination will be held tomorrow, April 14, 2021 at 9:00 a.m. CDT / 10:00 a.m. EDT. NEW YORK & MEXICO CITY Grupo Televisa, S.A.B and Univision Holdings II, Inc. have announced they've completed their $4.8 billion merger, creating a new company, TelevisaUnivision, Inc., that will reach over 100 million Spanish-language speakers every day on TV, digital and audio. By parlaying Televisas worldwide name recognition and enormous vault of Spanish-language programming, Univision hopes to turbocharge its streaming efforts in the U.S. and Mexico and abroad. (844) 978-6257. Univision, Televisa By A.J. Univision Network will continue to exist, owned by Televisa-Univision. The Hollywood Reporter is a part of Penske Media Corporation. Real-time analyst ratings, insider transactions, earnings data, and more. To see all exchange delays and terms of use please see Barchart's disclaimer. The pact provided Univision access to inexpensive shows from Mexico, giving the company little incentive to create its own scripted programming. Fed's Shocking New Plan to Control Your Money. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. Wade Davis will lead TelevisaUnivision as CEO. 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. NEW YORK, MIAMI AND MEXICO CITY April 13, 2021 Grupo Televisa, S.A.B. Televisa said Tuesday it will contribute its estimated 86,000 hours of annual content production; the combined conglomerate will feature Televisas four free-to-air channels, 27 pay-TV networks channels and subscription video service. Combining with Univision has always been a dream for us. Julho/2002 Joo Pessoa - PB. | Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. .article-native-ad strong { The power and momentum of the transformed core business is truly unique and will be a springboard for the upcoming launch of the preeminent Spanish-language streaming service. Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. The transaction is expected to close in 2021, subject to customary closing conditions, including receipt of regulatory approvals in the United States and Mexico, and Televisa shareholder approval. Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 70 countries through 25 pay-tv brands, television networks, cable operators and over-the-top or O.T.T. services. Univisions West Coast offices, off the San Diego Freeway in Los Angeles. color:rgb(46,179,178); Wade Davis, who had been leading Univision since December 2020. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. La propuesta de mercado diferenciada y la estructura de costo de Televisa-Univision permiten fijar precios de primer nivel con la eficiencia del costo de contenido, ya que gran parte de la produccin tendr lugar en Mxico, donde la Compaa cuenta con grandes estudios de produccin de alta calidad en un mercado ideal para obtener contenido de primera. Before you consider TWO, you'll want to hear this. Mexico's media giantGrupo Televisaand U.S. Spanish-language broadcasterUnivisiontoday announced they have closed their$4.8 billion content merger, nine months after they reported their intention to combine their media assets. 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. margin-bottom: 20px; ForgeLight directly operates or provides dedicated operating support to its companies. El saldo se deriva de otras contraprestaciones comerciales. The combination brings together the two leading media businesses in the two largest Spanish-speaking markets in the world: Univision in the United States, the largest Spanish-language media market by value, and Televisa in Mexico, which is the most populous Spanish-language market in the world. If you continue to use this site we will assume that you are happy with it. Mexico-based Grupo Televisa and Univision have closed their $4.8 billion merger, uniting their vast Spanish-language media and production holdings in the U.S. and Mexico. This has always been the ultimate goal, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in an interview. ForgeLight LLC, Grupo Televisa, S.A.B., The Raine Group LLC, SoftBank Group Corp. and Univision Holdings, Inc. no asumen obligacin alguna de actualizar ni modificar pblicamente ninguna estimacin a futuro, ya sea como resultado de nueva informacin, acontecimientos futuros u otros. Im an expert in the Hispanic media industry. Univision and the Mexican TV giant Televisa completed their $4.8 billion merger on Monday, creating the newly-formed company, which brings together Televisa's media content and production assets . padding-bottom: 20px; Televisa depicted the nearly 600 million Spanish-language speakers speakers across the world as a relatively untapped market, noting less than 10% of the Spanish speaking population currently use an OTT video product, compared with the English language market where nearly 70% of the population has at least one streaming service.. Televisa usar los ingresos que reciba de Univision principalmente para reducir deudas y continuar buscando oportunidades de crecimiento y reforzando su posicin de lder por medio de inversiones continuas en sus actividades principales. They will merge their media, content and production assets into a new company, Televisa-Univision, in a $4.8 billion deal, the companies said today. The firm has offices in New York, San Francisco, Los Angeles, London, Shanghai, and Mumbai. The Companys Board will have 13 directors, including five appointed by Televisa, three by Searchlight and ForgeLight, two by the Series C shareholders and three independent directors. ForgeLight opera directamente o presta apoyo operativo especial a sus compaas. Televisa said it would contribute its four broadcast TV channels, 27 pay-TV networks, Videocine movie studio and Blim TV subscription video-on-demand service, as well as the iconic Televisa trademark. Across television, digital, streaming, and audio, the Company reaches over 100 million Spanish speakers every day, holding leading positions in both markets. Words such as believe, anticipate, plan, expect, intend, seek, potential, target, estimate, project, predict, forecast, guideline, may, should, could, will and similar words and expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying these statements. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Bajo las condiciones del acuerdo, Univision pagar $3 mil millones en efectivo, $750 millones en acciones ordinarias de Univision y $750 millones en acciones preferentes de la serie B, con un dividendo anual de 5.5%. ; the power and scope of these content assets for $ 4.8 billion to News... Part of Penske media Corporation, Televisa-Univision can more aggressively pursue innovation and Growth digital. Data, and we finally accomplished it, Televisa will no longer consolidate financials of content. 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