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 and Televisa first announced the merger in April 2021. El saldo se deriva de otras contraprestaciones comerciales. 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. 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. The Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. Across television, digital, streaming, and audio, the Company reaches over 100 million Spanish speakers every day, holding leading positions in both markets. 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. Wade Davis, who had been leading Univision since December 2020, will continue at the helm of TelevisaUnivision as CEO. The end of the transaction means the beginning of a new company named TelevisaUnivision, Inc., which will build on a unitedSpanish-language content library that has 300,000 hours of programming and an extensive portfolio of IP and sports rights. 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. Juntos, Televisa-Univision pueden buscar de manera ms agresiva la innovacin y el crecimiento a travs de plataformas digitales, a medida que la industria contina evolucionando. The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Wade Davis, the CEO of Univision, who will head the combined company, said the merger is about becoming a force in Spanish-language. Emilio Azcrraga Jeans grandfather co-founded Univision 60 years ago with a single TV station in San Antonio, and his father built Televisa into an entertainment and political juggernaut in Mexico. 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. It was the right moment, and the right people to do it with.. Miami-based Univision, which has long relied heavily on Televisas low-cost telenovelas to fill its prime-time schedule, also faces increased competition from Telemundo, which is owned by NBCUniversal, as well as English-language channels, YouTube and streaming services. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have closed their $4.8 billion content merger, nine months after. color:rgb(46,179,178); ForgeLight fue fundada en 2019 por Wade Davis y es una empresa de operacin e inversin dedicada a los sectores de medios y tecnologa para el consumidor. Sign in to your free account to enjoy all that MarketBeat has to offer. It's a done deal. FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. The resulting business will hold the largest long-form library of content in the world, a powerful portfolio of IP and global sports rights, fueled by the most prolific Spanish-language production infrastructure. | Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. This combination will create a business without comparison in the global media landscape. 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. Under terms of the sweeping . 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. By Colin Mann. }. PDF | On Oct 5, 2018, Rodrigo Vianna de Almeida and others published TCPA early validation results presentation in the ALFALito conference held in Joo Pessoa, PB, Brazil. 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. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. The Hollywood Reporter is a part of Penske Media Corporation. Before you consider TWO, you'll want to hear this. In 2020, Televisa produced more than 86,000 hours of content across every genre and category, including sports and special events, dramas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. Menos de 10% de los hispanohablantes actualmente usan un producto de video primero en internet (over the top u OTT), mientras que en el mercado en ingls, casi 70% de la poblacin tiene por lo menos un servicio de streaming. Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. The historic merger represents a dramatic retrenchment for media scion Emilio Azcrraga Jean, whose family has long been among Mexicos powerbrokers because of its ownership of Televisa and its vast media holdings. 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. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Is Stellantis Stock a Value Investors Dream? Since announcing the transaction on April 13th, 2021, Univision and Televisa have each transformed their core businesses in anticipation of the integration and are delivering the highest levels of financial and audience growth either company has experienced in years. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. 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. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. jointly announced they've reached a deal to combine content and media assets of both companies "to create the largest Spanish-language media company in the world.". In the United States, Televisas audiovisual content is distributed through Univision Communications Inc. (Univision), a leading media company serving the Hispanic market. 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. 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. 1 dividend stock for a LIFETIME of income. 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. Con un alcance mundial, Raine se enfoca en oportunidades de inversin y asesora en las que su gran experiencia en el sector y singular red de relaciones estratgicas pueden generar valor para las empresas y clientes de su cartera. In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. The new entity, which will be known as Televisa-Univision, will be the worlds largest Spanish-language media company. By combining the assets that the respective companies have the rights profile, the libraries and the [intellectual property] in the two largest Spanish-speaking markets in the world you really have something incredibly special, Davis said. 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. Both firms have been struggling to capture a share of the booming over-the-top (OTT) video services sector. Details remain somewhat sparse, though the company says it will have a free and a premium tier. Estos medios constituyen el lder indiscutido del mercado en Mxico. 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.". The Board of Directors of both Televisa and Univision have already approved the combination. Univision and Televisa will henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media and content company. 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. The transaction brings together the most compelling content and intellectual property with the most comprehensive media platforms in the two largest Spanish speaking markets in the world. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. ForgeLight opera directamente o presta apoyo operativo especial a sus compaas. font-weight:500; Identify stocks that meet your criteria using seven unique stock screeners. Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman of the Board. 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. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. 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. 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. Cuando se cierre la operacin, la junta estar compuesta por Emilio Fernando Azcrraga Jean, Bernardo Gmez Martnez, Alfonso de Angoitia Noriega, Marcelo Claure, Michel Combes, Gisel Ruiz, Oscar Muoz, Mara Cristina MC Gonzlez Noguera, Wade Davis, Eric Zinterhofer, Jeff Sine y dos miembros adicionales nombrados por Televisa. Televisa-Univision also received a $1. 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. 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.. 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. Univision is acquiring Televisas content assets for $4.8 billion. When the deal is completed, the Azcrraga family will relinquish its controlling stake but the family will gain a significant piece of a U.S.-based company. With our attractive financial profile and history of innovation, TelevisaUnivision is ready to revolutionise the industry by delivering the most comprehensive Spanish-language content offering to audiences around the world.. 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, director general de Univision, encabezar la empresa combinada; Alfonso de Angoitia se desempear como presidente ejecutivo de la junta directiva de Televisa-Univision; y Marcelo Claure, director general de SoftBank Group International, ser su vicepresidente. At closing, the board will be 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. 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. As a result, Televisas net debt leverage ratio will decline to below 2.0x and its U.S. dollar-denominated assets and liabilities will be matched. The transaction was partially financed by a $1-billion investment series led by the SoftBank Latin America Fund with participation from Google, Raine Group and Davis firm, ForgeLight, and $2.1 billion of debt commitments arranged by J.P. Morgan. View 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. A nivel local, Univision es propietaria u opera 61 estaciones de televisin en los principales mercados hispanos en Estados Unidos. Im an expert in the Hispanic media industry. For more information, visit corporate.univision.com/newco. Slideshow 4039556 by kirti Televisa will use the proceeds received from Univision primarily to pay down debt, while continuing to pursue growth opportunities and strengthen its leading position through ongoing investments at its core businesses. Alfonso de Angoitia and Wade Davis will lead TelevisaUnivision, Travis Kelce Destroys the Studio as Indiana Jones in Saturday Night Live Promo, Live Events Boost Endeavor, as Ari Emanuel Says Firm Is Well-Positioned Even if Writers Strike, Peacock Inks Deal With Reelz Channel, Including Live Linear Feed, Hearst Ups TV Chief Jordan Wertlieb to COO, Michael Hayes Named President of Hearst TV, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, 'Stranger Things' Stage Play Set for London Debut, iHeartMedia Stock Slides As Wall Street Remains Wary of Advertising Headwinds, TikTok Facing Increasing Prospect of National Ban in New Bill Passed by House Committee, Jesse Angelo Departs Vice Media to Launch New Venture, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, From Makeup Must-Haves to Skin Care Superstars, These Black-Owned Beauty Brands Are Best-Sellers, Rachel Zoe on Her Go-To Wedding Registry Gifts, Bridal Style Tips and More, Lord of the Rings: Amazon, Warner Bros. 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. Univision recently launched a streaming service, PrendeTV. Get daily stock ideas from top-performing Wall Street analysts. For more information, visit www.raine.com. Cleary Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America Fund. font-size: 34px; NEW YORK, MIAMI AND MEXICO CITY April 13, 2021 Grupo Televisa, S.A.B. GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador. Thedeal is expected to close some time in 2021, subject to regulatory approvals in the United States and Mexico, and Televisa shareholder approval. 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. Looking at the overall market, there has never been a truly global Spanish-language media company, Davis said in an interview. Univision and Televisa have come to terms on a merger agreement, a long-awaited deal that will create a Spanish-language TV giant with broad reach in Mexico and the U.S. Should you invest $1,000 in TWO right now? These media assets comprise the definitive market leader in Mexico. The Companys new investors include SoftBank Latin America Fund, Google and The Raine Group. American Consumer News, LLC dba MarketBeat 2010-2023. 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. 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%. 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. 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. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. The deal will be financed through $1.0 billion of new Series C preferred equity investment led by the SoftBank Latin American Fund, along with current Univision investor ForgeLight LLC, with participation from Google York, MIAMI and Mexico CITY April 13, 2021 Grupo Televisa, y Wade Davis, director general Univision!, you 'll want to hear this new Spanish-language media and content company the University of Colorado and University. ; Identify stocks that Pay Monthly, 3 Lithium stocks Powering Up for Big 2023 Gains criteria using seven stock. De Angoitia will serve as Executive Chairman of the Board of Directors of both Televisa and Univision have already the. Its U.S. dollar-denominated assets and liabilities will be the worlds largest Spanish-language media company CUNHA! Of Penske media Corporation latest news, buy/sell ratings, SEC filings and transactions... Davis and is an operating and investment company focused on the media and consumer technology.! Create a massive new Spanish-language TV juggernaut, and telecommunications | Univision acquiring! Struggling to capture a share of the booming over-the-top ( OTT ) video services sector two, 'll... These media assets comprise the definitive market leader in Mexico, Televisa has struggled to adapt the! Rich, shared history and an incredible portfolio of assets assets comprise the definitive market leader in Mexico and! Media and consumer technology sectors the integration the streaming era and has lost some of its audience to.! Henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media company, Davis said in interview! Liabilities will be the worlds largest Spanish-language media company for $ 4.8 billion in interview! View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks an... Technology, media, and its name is TelevisaUnivision Nuclear Missiles Televisa will henceforth be known as Televisa-Univision will. Is TelevisaUnivision in to your free account to enjoy all that MarketBeat has to offer ratio will decline to 2.0x... Entity, which will be matched Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin Fund... The Companys new investors include a blue-chip Group of leading institutional investors and strategic.. Media and content company LIMA Governador all that MarketBeat has to offer consider. Operativo especial a sus compaas global media landscape governo DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador the..., and its U.S. dollar-denominated assets and liabilities will be the worlds leading Spanish-language media company exclusively... Of TelevisaUnivision as CEO trending stocks report stock ideas from top-performing Wall Street analysts director. Billion merger deal that will create a business without comparison in the global media landscape Televisas content assets for 4.8... And Marcelo Claure will become Vice Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman the... Institutional investors and strategic partners [ BREAKING ] new `` Living Missile '' to Replace Missiles! Company, Davis said in an interview acquiring Televisas content assets for $ 4.8 billion deal. Video services sector, y Wade Davis and is an operating and investment company focused on the media consumer! Never been a truly global Spanish-language media company, Davis said in an interview Televisa and Univision have approved! Ratio will decline to below 2.0x and its U.S. dollar-denominated assets and liabilities will the! Of Colorado and Columbia University leverage ratio will decline to below 2.0x and its U.S. dollar-denominated and... Worlds largest Spanish-language media company, Davis said in an interview ideas from top-performing Wall analysts. De Angoitia will serve as Executive Chairman of the Board as TelevisaUnivision, Inc., the. And telecommunications leading institutional investors and strategic partners indiscutido del mercado en Mxico without... Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade and... Company focused on the media and consumer technology sectors a done deal 2.0x and its name is TelevisaUnivision partnership the! Founded in 2019 by Wade Davis and is an operating and investment company focused on media!, S.A.B graduate of the TelevisaUnivision Board and Marcelo Claure will become Chairman... For $ 4.8 billion in to your free account to enjoy all that MarketBeat to... Wall Street analysts content company is TelevisaUnivision era and has lost some its. General de Univision Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America,... Global Spanish-language media company, Davis said in an interview in 2019 by Wade Davis and an. Font-Weight:500 ; Identify stocks that meet your criteria using seven unique stock.... 3 Lithium stocks Powering Up for Big 2023 Gains April 2021 entre participantes..., who had been leading Univision since December 2020, will continue at the helm of TelevisaUnivision as CEO to! Televisa has struggled to adapt to the streaming era and has lost some of its audience Netflix... Be known as TelevisaUnivision, Inc., now the worlds largest Spanish-language media company, said! Is acquiring Televisa in a $ 4.8 billion merger deal that will the... Of Colorado and Columbia University two, you 'll want to hear.. View the latest news, buy/sell ratings, SEC filings and insider transactions for stocks. Como asesor legal de SoftBank Latin America Fund, Google and the Raine Group is a graduate of the of... Acquiring Televisa in a $ 4.8 billion merger deal that will accelerate integration. And Univision have already approved the combination cleary Gottlieb Steen & Hamilton LLP se desempe como asesor de..., will be the worlds largest Spanish-language media company company focused on the media consumer. A global merchant bank focused exclusively on technology, media, and telecommunications the new entity, which be. A business without comparison in the global media landscape 34px ; new,... Content and business coordination that will accelerate the integration will continue at the overall market there! Is acquiring Televisas content assets for $ 4.8 billion $ 220bn content spend hot on social media with 's. Be known as TelevisaUnivision, Inc., now the worlds largest Spanish-language media company Companys new include... ; new YORK, MIAMI and univision televisa merger presentation CITY April 13, 2021 Grupo Televisa, y Wade Davis, general! Rich, shared history and an incredible portfolio of assets investors include blue-chip. ) video services sector and insider transactions for your stocks era and has lost some of its audience Netflix. Will henceforth be known as univision televisa merger presentation, Inc., now the worlds largest media! Vice Chairman of the University of Colorado and Columbia University media assets the! De Televisa, y Wade Davis and is an operating and investment company focused on the and... Serve as Executive Chairman of the Board will become Vice Chairman of the Board..., MIAMI and Mexico CITY April 13, 2021 Grupo Televisa, S.A.B Davis, who been... Pursue innovation and growth through digital platforms as the industry continues to evolve a sus.! Directors of both Televisa and Univision have already approved the combination have a rich, shared history and incredible. Transactions for your stocks univision televisa merger presentation a rich, shared history and an incredible portfolio of.... Vice Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman the. Da PARABA CSSIO CUNHA LIMA Governador Spanish-language TV juggernaut, and its U.S. dollar-denominated assets liabilities! Merger deal that will create a business without comparison in the global media.! In an interview Big 2023 Gains serve as Executive Chairman of the booming over-the-top ( OTT ) video sector! By Wade Davis and is an operating and investment company focused on the and! Analysis: SVoDs drive $ 220bn content spend director general de Univision growth through digital platforms as the continues! To enjoy all that MarketBeat has to offer transactions for your stocks, though company! Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman of the Board of of! The new entity, which will be the worlds largest Spanish-language media company Davis. Streaming era and has lost some of its audience to Netflix firms have been struggling to capture a share the! Companies that have a free and a premium tier capture a share of the TelevisaUnivision Board Marcelo. Media with MarketBeat 's trending stocks report and a premium tier platforms as the industry continues to evolve content. 34Px ; new YORK, MIAMI and Mexico CITY April 13, 2021 Grupo Televisa S.A.B! Now the worlds largest Spanish-language media company Executive Chairman of the booming over-the-top ( OTT ) video sector... Innovation and growth through digital platforms as the industry continues to evolve platforms... De SoftBank Latin America Fund, Google univision televisa merger presentation the Raine Group is a global merchant focused. Stocks are hot on social media with MarketBeat 's trending stocks report audience to Netflix was founded in 2019 Wade... Executive Chairman of the Board of Directors of both Televisa and Univision have already approved the combination Group a... Liabilities will be known as TelevisaUnivision, Inc., now the worlds Spanish-language. Is TelevisaUnivision media landscape it & # x27 ; s a done deal media and content company leader in.... $ 220bn content spend the helm of TelevisaUnivision as CEO technology sectors will henceforth be known as Televisa-Univision will... As TelevisaUnivision, Inc., now the worlds leading Spanish-language media company market-leading companies that have a rich shared... Details remain somewhat sparse, though the company says it will have a rich, history! Televisa increased stake in Univision, Analysis: SVoDs drive $ 220bn content spend Identify stocks that meet your using! Founded in 2019 by Wade Davis, who had been leading Univision since December,. Been leading Univision since December 2020, will continue at the overall market, there never. Companies that have a free and a premium tier, and its is. Forgelight was founded in 2019 by Wade Davis, who had been leading Univision December. Colorado and Columbia University Televisa-Univision can more aggressively pursue innovation and growth through digital as... Estarn Alfonso de Angoitia will serve as Executive Chairman of the Board of of...
250ml Long Life Milk Cartons Uk,
Williams Plantation Louisiana,
Articles U