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. Televisa, based in Mexico City, will retain 45% interest in the new entity. Both Televisa and Univision had previously announced those plans, as well as the merger agreement, last April. 2023 The Hollywood Reporter, LLC. Univision and Televisa have been partners on and off for decades. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. are a step closer to finalizing the $4.8 . Plans for a global streaming service are moving full steam ahead,with a livestream "unveiling" of the platform scheduled for February 16, 2022. 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. The close of our transaction marks a historic moment for our company and our industry, said TelevisaUnivision CEO Wade Davis. 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. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. The Companys Board will have 13 directors: five appointed by Televisa, three by Searchlight and ForgeLight, two by the Series C shareholders and three independent directors. Televisas top three programmes during 2021 had audiences between 63 per cent and 73 per cent higher than the top-rated programmes of its closest competitor. (844) 978-6257. 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. Real-time analyst ratings, insider transactions, earnings data, and more. Wade Davis, who had been leading Univision since December 2020. American Consumer News, LLC dba MarketBeat 2010-2023. With the largest and most iconic original Spanish content library in the world and access to SoftBanks global tech ecosystem, we will help transform the new company into the leading Spanish-language multi-platform digital media company and one of the most important OTT service providers in the world, said Marcelo Claure, Chief Executive Officer of SoftBank Group International and board member of Univision. The Company will further benefit from Univisions market-leading assets in the United States which includes the Univision and UniMs broadcast networks, nine Spanish-language cable networks, 61 television stations and 58 radio stations in major U.S. Hispanic markets and Puerto Rico, and prominent digital assets including its recently launched AVOD streaming service, PrendeTV. 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. 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. Ricinus communis. 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. Opinions expressed by Forbes Contributors are their own. This strategic combination generates significant value for shareholders of both companies and will allow us to more efficiently reach all Spanish-language audiences with more of our programming, Azcrraga Jean, executive chairman of the Televisa board of directors, said in a statement. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. 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 company does have valuable rights to sports and special events and produces news, movies, reality shows, childrens programs and educational programming. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Get short term trading ideas from the MarketBeat Idea Engine. 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. View Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. Categories: Advertising, Articles, Broadcast, Business, Content, DTH/Satellite, FTA, M&A, Pay TV, Premium, Production, VOD, Tags: prendeTV, Televisa, TelevisaUnivision, univision, Creative Media CentreHastingsEast SussexTN34 1HLTel: +44 7900 196870. 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. Get the scoop from strategic media pros at Disney, YouTube and more just in time for upfront season at Convergent TV, March 2122. Its management team will be in charge. Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. I - ANEEL - Princpios, atuao e pressupostos bsicos II - Descentralizao III - Convnio ANEEL- AGEEL. Univision recently launched a streaming service, PrendeTV. In-depth profiles and analysis for 20,000 public companies. ANEEL e a Descentralizao. padding-left: 10px!important; Televisa-Univision retendr todos los activos, la propiedad intelectual y la videoteca relacionada a la divisin de Noticias de Televisa. 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. Entre los inversionistas de ForgeLight estn un grupo de instituciones y socios estratgicos de primera categora. Do Not Sell or Share My Personal Information, investor group that purchased Univision late last year, Spanish-language media giant Univision sold as challenges loom. This strategic combination generates significant value for shareholders of both companies and will allow us to more efficiently reach all Spanish-language audiences with more of our programming, said Emilio Azcrraga, Executive Chairman of the Televisa Board of Directors. 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. De Angoitia stated the merger of "thetwo largest Spanish-speakingmarketsin the world has created a company with tremendous potential and they are "ready to revolutionize the industry by delivering the most comprehensive Spanish-language content offering to audiences around the world.. Agreg Davis: La composicin de nuestro nuevo grupo de inversionistas refleja confianza en nuestra estrategia, el progreso de nuestra transformacin digital y la magnitud de la oportunidad ante nosotros. "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,". Univision, led by Davis, has refreshed its executive team with media veterans, including former Turner ad sales chief Donna Speciale, and former Telemundo executive Luis Silberwasser. 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. 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. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve.. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. Contedo. Identify stocks that meet your criteria using seven unique stock screeners. As a result of the combination, TelevisaUnivision reaches over 60 per cent of the respective TV audiences in both the US and Mexico. 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. La empresa resultante contar con la ms extensa videoteca de contenido de formato largo en el mundo, una slida cartera de propiedad intelectual y derechos internacionales a la trasmisin de deportes, respaldados por la ms prolfica infraestructura de produccin en espaol. In addition, Televisa retains the right to appoint two additional directors. I would like to thank Chairman Emilio Azcrraga for his confidence in us, to continue as partners growing the incredible company he and his family have built. In addition, the TelevisaUnivision transformation also included the development of a massive pipeline of original content for the upcoming global streaming launch, investing in new advertising products in both markets, revamping the programming strategy and executing new distribution partnerships, as well as launching the PrendeTV AVoD service in the US, which has served as a powerful pilot for the upcoming streaming launch. The new firm will have about 13,000 employees and will continue to rely heavily on its production facilities in Mexico City. 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. 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