We are creating a company which is a leader across multi-media categories, unified over the largest territories and with the scale and focus to deliver the most compelling content experience to Spanish-language consumers around the world. The Televisa deal is expected to close later this year. 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. Televisas content assets will be contributed for approximately $4.8 billion. Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. MEXICO CITY (AP) Grupo Televisa, Mexico's largest television network, announced Tuesday it is merging with U.S. Spanish-language broadcaster Univision to form what they called the "definitive global leader in Spanish-language media." The new company will be known as TelevisaUnivision. Get the scoop from strategic media pros at Disney, YouTube and more just in time for upfront season at Convergent TV, March 2122. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Univision and Televisa have been partners on and off for decades. And one small company is building them for the Pentagon! The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. El negocio de Cable de Televisa ofrece servicios integrados, incluyendo video, servicios de datos de alta velocidad y servicios de voz a clientes residenciales y comerciales, as como servicios administrados a empresas de telecomunicacin locales e internacionales. The combined company, which will be based in the U.S., is expected to produce revenue of about $4 billion a year and $1.6 billion in earnings before interest, taxes, depreciation and amortization, De Angoitia said. El mercado en espaol, que consta de aproximadamente 600 millones de personas en el mundo y tiene un PIB total de aproximadamente $7 billones, tiene una oferta bastante menor de servicios de streaming con relacin a otros mercados importantes. Wachtell, Lipton, Rosen & Katz; y Mijares, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. During the 14 years Univision was controlled by Los Angeles billionaire Haim Saban and other private equity investors, the company battled Televisa over the rights to the programming and squandered its leadership position in the U.S. Spanish-language market after a failed foray into English-language programming. La produccin del contenido noticioso para Mxico se subcontratar de una empresa propiedad de la familia Azcrraga para garantizar que este contine en manos mexicanas y se produzca en Mxico. 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. 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. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. line-height:1.5; An Overview of Blue Chips. 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. Televisas four broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service, and the Televisa trademark, will be combined with Univisions assets in the US, which include the Univision and UniMs broadcast networks, nine Spanish-language cable networks, 59 television stations and 57 radio stations in major U.S. Hispanic markets, and the PrendeTV AVoD platform. American Consumer News, LLC dba MarketBeat 2010-2023. Copyright 2001-2023. The new firm will have about 13,000 employees and will continue to rely heavily on its production facilities in Mexico City. In addition, Televisa currently has equity representing approximately 36% on a fully-diluted basis of the equity capital in Univision Holdings, Inc., the controlling Company of Univision. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. contact@marketbeat.com 1 dividend stock for a LIFETIME of income. Como resultado, la tasa neta de endeudamiento de Televisa disminuir a menos de 2.0x y sus activos y pasivos en dlares estadounidenses sern equivalentes. 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. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? Learn more. This creates a powerful margin profile unlike any other media company, including run-rate synergies, EBITDA margin is expected to be close to 45%. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. Habr una teleconferencia para hablar sobre la combinacin maana, 14 de abril de 2021, a las 9:00 a.m. Centro/10:00 a.m. Este. The Board of Directors of both Televisa and Univision have already approved the combination. Estamos creando una compaa que es un lder en las categoras de multimedios, unificada a lo largo de los territorios ms extensos y con la escala y el enfoque para brindar la experiencia de contenidos ms atractiva a los consumidores de habla hispana en todo el mundo. For more information, visit corporate.univision.com/newco. Real-time analyst ratings, insider transactions, earnings data, and more. Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman of the Board. 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. News content production for Mexico will be outsourced from a company owned by The Azcrraga family to guarantee that news content remains in Mexican hands and is produced in Mexico. The new entity, which will be known as Televisa-Univision, will be the worlds largest Spanish-language media company. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: MEXICO CITY (AP) Grupo Televisa, Mexicos largest television network, announced Tuesday it is merging with U.S. Spanish-language broadcaster Univision to form what they called the definitive global leader in Spanish-language media.. Get daily stock ideas from top-performing Wall Street analysts. 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. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. 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. 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. Abans de l'inici de la temporada de la NFL, mitjans de comunicaci de tot el pas In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador. 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. margin-bottom: 20px; Televisa will be the largest shareholder in Televisa-Univision, with a 45% equity stake, but Univision CEO Wade Davis will lead the combined company. 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. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, 20 Stocks Wall Street Analysts Love the Most. 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. named to Univision's Board of Directors in November 2020. padding-bottom: 20px; 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. The Televisa-Univision combination underscores pressures facing both companies. En 2020, Televisa produjo ms de 86,000 horas de contenido en todo gnero y categora, entre ellos deportes y eventos especiales, dramas, noticieros, comedias de situacin, programas tipo reality, infantiles, de concurso y variedades, comedias, eventos musicales y culturales, pelculas y programacin educativa. Univisions West Coast offices, off the San Diego Freeway in Los Angeles. The pact provided Univision access to inexpensive shows from Mexico, giving the company little incentive to create its own scripted programming. 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 . margin: 0 45px; Under terms of the sweeping . 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. Katz January 31, 2022 Univision and Mexico's Televisatwo of the biggest Spanish-language. Univision will add its Univision and UniMs broadcast networks, nine Spanish-language cable networks, 61 television stations and 58 radio stations in the U.S. and Puerto Rico, along with its recently launched streaming service PrendeTV. 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 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. CBS News Reports: "It's an entirely new type of weapon." 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. 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. 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. 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.. 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. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. 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. 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. The top 20 programmes on broadcast television in Mexico were produced and transmitted by Televisa. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. It was the right moment, and the right people to do it with.. 1 Spanish-language sports network in the country. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. "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,". 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. 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. Grupo Televisa and Univision Holdings II, Inc. (together with its wholly-owned subsidiary, Univision Communications, have confirmed the completion of the $4.8 billion (4.3bn) transaction between Televisa's media content and production assets and Univision. 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). 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? Televisa distribuye el contenido que produce a travs de varios canales de televisin abierta en Mxico y en ms de 70 pases a travs de 27 marcas de canales de televisin de paga y canales de televisin, operadores de cable y servicios adicionales por internet (OTT, por sus siglas en ingls). Univision Network will continue to exist, owned by Televisa-Univision. Univision and Televisa first announced the merger in April 2021. 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. Televisa will retain ownership of Izzi Telecom, Sky and other businesses and real estate associated with the Mexico production facilities. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. 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. If you continue to use this site we will assume that you are happy with it. The deal calls for. 2023 The Hollywood Reporter, LLC. 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. 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. Cleary Gottlieb Steen & Hamilton LLP served as legal counsel to the SoftBank Latin America Fund. ForgeLight opera directamente o presta apoyo operativo especial a sus compaas. The new company will be led by CEO Wade Davis, with Alfonso de Angoitia serving as executive chair of the board. 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. Plans for a global streaming service are moving full steam ahead,with a livestream "unveiling" of the platform scheduled for February 16, 2022. Pillsbury Winthrop Shaw Pittman LLP served as legal counsel to The Raine Group. 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. font-weight:500; New investors in the company include the SoftBank Latin America Fund, Google and The Raine Group. Televisa transmitted eight out of the 10 soccer matches with the highest audiences in Mexico during 2021.

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