She previously wrote for the Miami Herald and the Palm Beach Post. LionTree Advisors LLC rendered a fairness opinion to the Board of Directors of Televisa. Former Softbank COO Marcelo Claure will be vice chairman. Advanced Television Ltd. MPs call for major Scottish sporting events to be FTA, SVoD study: Netflix offers most value for money, CMA provisionally clears Viasat/Inmarsat merger, Report: Daily per-service video user engagement declines. Together, TelevisaUnivision owns the largest library of Spanish-language content and intellectual property in the world, and the most prolific long-form Spanish-language content engine in the industry. Univision and Televisa have been partners on and off for decades. Tambin deseo agradecer a Alfonso de Angoitia y Bernardo Gmez, los presidentes ejecutivos de Televisa, por su continuo apoyo y colaboracin a medida que trabajamos juntos para ofrecer a nuestra audiencia cada vez mayor acceso a contenido en espaol incluso ms impactante, cautivador e interesante, de la manera que prefieran. A TikToking clock heading towards regeneration or not. 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. Rebroadcast dial in number: +1 (404) 537-3406. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Post-transaction, Televisa will keep developing and expanding its industry-leading Telecom business in Mexico, offering best-in-class high-speed internet access and providing high-quality programming as a content aggregator. La junta directiva de Televisa y la de Univision ya han aprobado la combinacin. contact@marketbeat.com Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. The Board of Directors of both Televisa and Univision have already approved the combination. Real-time analyst ratings, insider transactions, earnings data, and more. 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.. Allen & Company LLC se desempea como asesor financiero de Televisa. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets, Davis said in a statement. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. In the United States, Televisas audiovisual content is distributed through Univision Communications Inc. (Univision), a leading media company serving the Hispanic market. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. 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. 1 en espaol del pas. 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. The deal calls for. Get short term trading ideas from the MarketBeat Idea Engine. Univision was the only company to deliver both fourth quarter and full year ratings growth while the majority of the industry saw ratings declines in the double digits. The combined financial strength will allow the Company to invest in the anticipated launch of its global streaming platform, which is expected in early 2022. Televisa will retain ownership of its Izzi Telecom, Sky, and other businesses. Televisa posee una participacin mayoritaria en Sky, un sistema lder de televisin de paga directa al hogar va satlite y proveedor de banda ancha que opera en Mxico, la Repblica Dominicana y Centroamrica. Televisa and Univision secure all regulatory approvals for $4.8 billion content merger. 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. Is Stellantis Stock a Value Investors Dream? 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. 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. Univision and the Mexican TV giant Televisa completed their $4.8 billion merger on Monday, creating the newly-formed company, which brings together Televisas media content and production assets with Univisions assets, which will include dozens of cable channels, multiple broadcast networks, and a vast array of Spanish-language content. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. Wade Davis, who had been leading Univision since December 2020, will continue at the helm of TelevisaUnivision as CEO. | Find, read and cite . An Overview of Blue Chips. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Joo Pessoa - PB Junho, 2005. This has always been the ultimate goal, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in an interview. Univision CEO Wade Davis assumes the role of CEO of TelevisaUnivision, Inc. The close of our transaction marks a historic moment for our company and our industry,said Davis in a statement. ForgeLight opera directamente o presta apoyo operativo especial a sus compaas. 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., Davis continued, The composition of our new investor group reflects confidence in our strategy, the progress of our digital transformation and the magnitude of the opportunity ahead of us. By Colin Mann. Univision Communications and Grupo Televisa plan to merge their entertainment assets to create a powerful new Spanish-language media company with one foot in the United States and the other in Mexico. Como resultado de la considerable aportacin de capital y mayor rentabilidad de la Compaa, se tiene previsto que la tasa neta de endeudamiento de Televisa-Univision disminuya ms de 2.0x a aproximadamente 5.0x, lo que toma en cuenta la sinergia proyectada de ingresos y costos de $200 millones a $300 millones. CBS News Reports: "It's an entirely new type of weapon." Con la ms extensa y emblemtica videoteca de contenido en espaol del mundo y acceso al ecosistema tecnolgico internacional de SoftBank, ayudaremos a transformar la nueva empresa en la compaa lder de medios digitales en plataformas mltiples y uno de los ms importantes servicios OTT en el mundo, dijo Marcelo Claure, director general de SoftBank Group International y miembro de la junta de Univision. (844) 978-6257. } } ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. These media assets comprise the definitive market leader in Mexico. margin: 0 45px; Grupo Televisas news operations in Mexico will become part of a new, independent company dedicated to producing news for TelevisaUnivisions networks in Mexico, and will be led by Emilio Azcrraga, Executive Chairman of the Grupo Televisa Board of Directors. named to Univision's Board of Directors in November 2020. padding-bottom: 20px; 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. It's a done deal. Televisa will also contribute its four free-to-air channels, 27 pay-TV networks channels and stations, its Videocine movie studio and Blim TV subscription video on demand (SVOD) service; and the Televisa trademark. View 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. For more information, visit corporate.univision.com/newco. 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. Esta combinacin estratgica genera un valor significativo para los accionistas de ambas empresas y nos permitir llegar de manera ms eficiente a todas las audiencias de habla hispana con ms de nuestra programacin, dijo Emilio Azcrraga, Presidente Ejecutivo del Consejo de Administracin de Televisa. 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. 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. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. Legal experts weigh in, ChatGPT who? The teleconference will be rebroadcast starting at 12:00 p.m. CDT on April 14 and will end at 11:00 p.m. on April 28. These efforts uniquely position TelevisaUnivision to begin executing immediately on a combined strategy and capture the tremendous opportunity presented by the global Spanish-speaking population of nearly 600 million, which represents an aggregate GDP of approximately $7 trillion. .article-native-ad p { The new company will be led by CEO Wade Davis, with Alfonso de Angoitia serving as executive chair of the board. Details remain somewhat sparse, though the company says it will have a free and a premium tier. As a result of the merger, the company says TelevisaUnivision now reachesover 100 million Spanish speakers every day - more than60% of the respective TV audiences in both the U.S. and Mexico across television, digital, streaming, and audio. The Hollywood Reporter is a part of Penske Media Corporation. 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. Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. Meg James is an award-winning media reporter, writing about the business of entertainment for the Los Angeles Times. and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. TelevisaUnivision remains on track to launch its previously-announced unified global streaming service in 2022, which will include both a free and a premium subscription tier. The companies jointly announced the move late Tuesday, formalizing a process that began quietly after Univision came under new ownership late last year. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. Sign in to your free account to enjoy all that MarketBeat has to offer. Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. 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. Grupo Televisa SAB soared as much as 37% after agreeing to sell its content and media assets to U.S. partner Univision Holdings Inc. in a $4.8 billion deal that deepens the ties . Learn more. As the leading Spanish-language content and media company in the U.S., Univision Communications Inc. entertains, informs and empowers U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. The firm has offices in New York, San Francisco, Los Angeles, London, Shanghai, and Mumbai. The Spanish-language market, which represents around 600 million people globally, and an aggregate GDP of about $7 trillion, is significantly underserved from a streaming perspective relative to other major markets. Katz January 31, 2022 Univision and Mexico's Televisatwo of the biggest Spanish-language. Confiamos en que esta transaccin estratgica maximizar el potencial de nuestro segmento de contenidos, al mismo tiempo que nos permitir fortalecer nuestro balance y enfocarnos en oportunidades de crecimiento en nuestro negocio de telecomunicaciones.. Our daily ratings and market update email newsletter. 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. (Televisa), y Univision Holdings, Inc. (junto con su subsidiaria de propiedad absoluta, Univision Communications Inc., Univision), anunciaron hoy un acuerdo definitivo en que el contenido y los activos mediticos de Televisa se combinarn con Univision para crear la mayor empresa de medios de comunicacin en espaol del mundo: Televisa-Univision (la Compaa). Univision, Televisa By A.J. Televisa transmitted eight out of the 10 soccer matches with the highest audiences in Mexico during 2021. 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., Sign up for THR news straight to your inbox every day. To Read the Full Story Become an Adweek+ Subscriber. (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). The Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. Pillsbury Winthrop Shaw Pittman LLP se desempe como asesor legal de The Raine Group. Should you invest $1,000 in TWO right now? Televisa continuar aprovechando el potencial de considerable crecimiento de la Compaa pues seguir siendo el mayor accionista de Televisa-Univision, con una participacin de aproximadamente 45%. Wade Davis, the CEO of Univision, who will head the combined company, said the merger is about becoming a force in Spanish-language. 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. color:rgb(46,179,178); The TelevisaUnivision Board will also comprise Emilio Azcrraga, Bernardo Gmez, Michel Combes, Gisel Ruiz, Oscar Muoz, Maria Cristina MC Gonzalez Noguera, Eric Zinterhofer and Jeff Sine. 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. 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. 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. The union is designed to position Televisa-Univision as a global force in streaming. 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Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. 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. Se tiene previsto que la operacin se complete en 2021, sujeto a las usuales condiciones de cierre, lo que incluye recibir aprobacin de entidades normativas en Estados Unidos y Mxico, y de los accionistas de Televisa. 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. De Televisa y la de Univision ya han aprobado la combinacin under new ownership last. Shares in Canoo Inc. 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