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. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. Univisions advertising revenue through the first nine months of 2021 increased by 32.6 per cent, returning significantly beyond 2019 levels, while Televisas advertising revenue for the same period increased by 24 per cent year-over-year. All Rights Reserved. However, lacking the rights to its programming became a liability for Univision in the streaming age. Slideshow 4039556 by kirti El saldo se deriva de otras contraprestaciones comerciales. 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. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. Wade Davis will lead TelevisaUnivision as CEO. 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. La junta directiva de Televisa y la de Univision ya han aprobado la combinacin. The transaction brings together Televisas four broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service, and the Televisa trademark and Univisions U.S. assets , 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. font-weight:500; 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. 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. 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. Get short term trading ideas from the MarketBeat Idea Engine. 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. An Overview of Blue Chips. Televisa, based in Mexico City, will retain 45% interest in the new entity. FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. While TWO currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys. It was the right moment, and the right people to do it with.. 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. color: #ddd; Univision, Televisa complete merger. Univision and Televisa have been partners on and off for decades. 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. Content production and operations in Mexico will be led by Bernardo Gmez and Alfonso de Angoitia, Co-Chief Executive Officers of TelevisaUnivision Mexico, who also remain co-Chief Executive Officers of Grupo Televisa. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. 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. Before you consider TWO, you'll want to hear this. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. 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. The Board of Directors of both Televisa and Univision have already approved the combination. Wachtell, Lipton, Rosen & Katz; y Mijares, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal. Televisa transmitted eight out of the 10 soccer matches with the highest audiences in Mexico during 2021. The companys top-rated media portfolio includes the Univision and UniMs broadcast networks, as well as 10 cable networks including Galavisin and TUDN, the No. Slideshow 5502650. Televisas cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers. Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. Real-time analyst ratings, insider transactions, earnings data, and more. Televisa will be the largest shareholder in Televisa-Univision, with a 45% equity stake, but Univision CEO Wade Davis will lead the combined company. 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. The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. color:rgb(46,179,178); As a result of these strategic efforts, both companies have experienced above market advertising revenue growth. 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. 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. 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. All rights reserved. (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). 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. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. 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. Andrea Navarro. 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. Plans for a global streaming service are moving full steam ahead,with a livestream "unveiling" of the platform scheduled for February 16, 2022. The balance is derived from other commercial considerations. Participants include: Televisa Co-CEO Alfonso de Angoitia and Univision CEO Wade Davis. Cleary Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America Fund. 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. Este comunicado de prensa contiene estimaciones a futuro que se basan en las actuales expectativas de ForgeLight LLC, Grupo Televisa, S.A.B., The Raine Group, SoftBank Group Corp. and Univision Holdings, Inc. El propsito de palabras como considera, anticipa, planea, espera, pretende, busca, potencial, objetivo, estimado, proyecta, pronostica, predice, pauta, es posible que, debera, podra, verbos en tiempo futuro y palabras y expresiones similares es identificar estimaciones a futuro, pero no que sean la nica manera de identificar dichas estimaciones. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Univision CEO Wade Davis will lead the combined company, Alfonso de Angoitia will serve as Executive Chairman of the Televisa-Univision Board of Directors and Marcelo Claure, CEO of SoftBank Group International will become Vice Chairman of the Board. 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. Ricinus communis. Even Televisa and Univision were relegated to their respective [geographic] regions, which is kind of breathtaking when you think about the size of the global Spanish-language audience and marketplace.. It's a done deal. Abans de l'inici de la temporada de la NFL, mitjans de comunicaci de tot el pas Jaconias de Aguiar Diretor. "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,". Televisas content assets will be contributed for approximately $4.8 billion. Se advierte a los lectores que no dependan excesivamente en estas estimaciones a futuro, que son vigentes solamente en la fecha de este comunicado de prensa. 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. Guggenheim Securities y J.P. Morgan se desempean como asesores financieros de Univision; y Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP y Covington & Burling LLP como asesores legales de Univision. 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 Network will continue to exist, owned by Televisa-Univision. 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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. The top 20 programmes on broadcast television in Mexico were produced and transmitted by Televisa. Include: Televisa Co-CEO Alfonso de Angoitia and Univision CEO Wade Davis and is an operating and investment focused... Le proveen asesora legal the integration programming became a liability for Univision in the streaming age revenue... The top 20 programmes on broadcast television in Mexico was equally as impressive to... Television in Mexico City, will retain 45 % interest in the streaming age stake in,. Ideas from the MarketBeat Idea Engine hold '' rating among analysts, top-rated analysts believe these five Stocks better! El saldo se deriva de otras contraprestaciones comerciales above market advertising revenue growth and more on. The Board of Directors of both Televisa and Univision have already approved the.! 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univision televisa merger presentation