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. 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 new investors at the SoftBank Latin America Fund, Google and The Raine Group are just as excited about the opportunities presented by this combination., This transformative combination brings together the leading network serving U.S. Spanish-language audiences with the leading media platform in Mexico powered by the most powerful Spanish-language content engine in the world, said Univision CEO Wade Davis. Univision and Televisa first announced the merger in April 2021. 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. Univision has long been tethered to Televisa through a long-term programming rights agreement. Wade Davis, who had been leading Univision since December 2020. 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. Locally, Univision owns or operates 61 television stations in major Hispanic markets across the United States. This has always been the ultimate goal, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in an interview. 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. 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. Both Televisa and Univision had previously announced those plans, as well as the merger agreement, last April. 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. 1 Spanish-language sports network in the country. Wade Davis will lead TelevisaUnivision as CEO. 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. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. failed foray into English-language programming. Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant. Those assets will merge withUnivisions holdings, which include 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 digital properties, including its recently launched AVOD streaming service, PrendeTV. 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. 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. 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. 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'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.". Under the terms of the deal, Univision will pay $3.0 billion in cash, $750 million in Univision common equity and $750 million in Series B preferred equity, with an annual dividend of 5.5%. The new entity, which will be known as Televisa-Univision, will be the worlds largest Spanish-language media company. 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. Univision will pay Televisa $3 billion in cash and provide $750 million in Univision common equity and $750 million in Series B preferred equity. See what's happening in the market right now with MarketBeat's real-time news feed. Televisas content assets will be contributed for approximately $4.8 billion. Televisa will retain ownership of its Izzi Telecom, Sky, and other businesses. Get the scoop from strategic media pros at Disney, YouTube and more just in time for upfront season at Convergent TV, March 2122. 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. 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. 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 historic merger represents a dramatic retrenchment for media scion Emilio Azcrraga Jean, whose family has long been among Mexico's powerbrokers because of its ownership of Televisa and its. Julho/2002 Joo Pessoa - PB. 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. | Find, read and cite . For more information, visit corporate.univision.com/newco. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? 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 Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. named to Univision's Board of Directors in November 2020. Cleary Gottlieb Steen & Hamilton LLP served as legal counsel to the SoftBank Latin America Fund. Televisa and Univision secure all regulatory approvals for $4.8 billion content merger. 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. Allen & Company LLC se desempea como asesor financiero de Televisa. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. 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. The Televisa-Univision combination underscores pressures facing both companies. Televisa-Univision when the transaction closes. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. 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. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. (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 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. 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. Slideshow 5502650. The power and scope of these content assets are unmatched. Sign in to your free account to enjoy all that MarketBeat has to offer. 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. 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. 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. 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. 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%. View Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? GOOG 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. View 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. 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. The new company will be called Televisa-Univision. 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. 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. Wade Davis, the CEO of Univision, who will head the combined company, said the merger is about becoming a force in Spanish-language. 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. 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%. Im an expert in the Hispanic media industry. 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. Univision and Televisa first announced the merger in April 2021. Hemos estado profundamente involucrados con Univision durante ms de dos dcadas y nunca hemos disfrutado de una mejor relacin con nuestros socios, dijeron Bernardo Gmez y Alfonso de Angoitia, Co-Presidentes Ejecutivos de Televisa. However, lacking the rights to its programming became a liability for Univision in the streaming age. 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. 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. 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. 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. Legal experts weigh in, ChatGPT who? margin-bottom: 20px; My No. 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 Televisas media content and production assets and Univision. Fed's Shocking New Plan to Control Your Money. Katz January 31, 2022 Univision and Mexico's Televisatwo of the biggest Spanish-language. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. 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. 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. The newly named TelevisaUnivision will launch a global Spanish-language streaming service later this year. I - ANEEL - Princpios, atuao e pressupostos bsicos II - Descentralizao III - Convnio ANEEL- AGEEL. 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. 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? These media assets comprise the definitive market leader in Mexico. Under terms of the sweeping . 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. Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new 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. La combinacin une a dos destacadas empresas de medios en los dos mayores mercados hispanohablantes del mundo: Univision en Estados Unidos, el mercado de medios hispanohablante de mayor valor en el mundo, y Televisa en Mxico, el mercado con ms hispanohablantes del mundo. 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. The service will have the largest offering of original Spanish-language content in the US and Latin America, including dramas, comedies, docuseries, game shows, reality shows, variety programmes, movies, musical and cultural events, childrens and educational programmes, sports and special events, as well as trusted news programming. 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. Through a long-term programming rights agreement merger agreement, last April, and we finally accomplished it Televisa. The rights to its programming became a liability for Univision in the right. 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