An Overview of Blue Chips. To Read the Full Story Become an Adweek+ Subscriber. After closing, content production and operations in Mexico will continue to be led by Emilio Azcrraga, Chairman of the Televisa Board of Directors, and Bernardo Gmez and Alfonso de Angoitia, Televisas Co-Chief Executive Officers, during a transition period to ensure a smooth and successful integration. margin-top: 10px; 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 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. Televisa-Univision will retain all assets, IP and library related to Televisas News division. 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. While not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos. .article-native-ad { All Rights Reserved. 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. Televisa and Univision have closed their landmark transaction, a long-awaited merger deal that will now create a Spanish-language media and content powerhouse that will reach 100 million. Julho/2002 Joo Pessoa - PB. GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador. The close of our transaction marks a historic moment for our company and our industry, said TelevisaUnivision CEO Wade Davis. All rights reserved. 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. 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. 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 . 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 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. Despus de la transaccin, Televisa continuar el desarrollo y la expansin de sus actividades de telecomunicaciones en Mxico, que son lderes en el sector, con el mejor acceso de alta velocidad al internet y programacin de alta calidad como agregador de contenido. Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. Get the scoop from strategic media pros at Disney, YouTube and more just in time for upfront season at Convergent TV, March 2122. The network identities and names will not change. It will also maintain the Mexican government-issued broadcasting licenses and its transmission infrastructure in Mexico. 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. 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. Both firms have been struggling to capture a share of the booming over-the-top (OTT) video services sector. Televisa to Merge its Media, Content and Production Assets with Univision in Landmark Transaction - TelevisaUnivision Televisa to Merge its Media, Content and Production Assets with Univision in Landmark Transaction, Creating the Premier Global Spanish-Language Media Company [BREAKING] New "Living Missile" to Replace Nuclear Missiles. Univision will pay Televisa $3 billion in cash and provide $750 million in Univision common equity and $750 million in Series B preferred equity. 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. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. The Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. Univision, Televisa By A.J. 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. 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. color: #ddd; Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. Under the terms of the agreement, 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. Under terms of the sweeping . padding-left: 10px!important; Univision, Televisa complete merger. 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. The deal calls for. 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. Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. Is Stellantis Stock a Value Investors Dream? 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. 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 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. 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). The companies have strategically assembled a senior management team of world-class leaders for the global operation, combining great professionals from Televisa and Univision, as well as bringing in top talent from leading media and technology companies. Legal experts weigh in, ChatGPT who? 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.. At the same time, it reinforces the strength of the traditional media assets of both companies.. GOOG The company does have valuable rights to sports and special events and produces news, movies, reality shows, childrens programs and educational programming. ANEEL e a Descentralizao. Univision and Televisa have been partners on and off for decades. Televisa-Univision will retain all assets, IP and library related to Televisas News division. As a part of the agreement, Televisa will 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. 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 combined financial strength will allow the Company to invest in the anticipated launch of its global streaming platform, which is expected in early 2022. Univision is ready to make a splash at its first upfront as part of TelevisaUnivision. Univision and Televisa will henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media and content company. Slideshow 4039556 by kirti After the transaction closes, Televisa will no longer consolidate financials of its Content segment. | Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, Want Monthly Income? 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-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. However, lacking the rights to its programming became a liability for Univision in the streaming age. 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 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. 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%. 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 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. 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. recently launched streaming service PrendeTV, From Chris Rock to the SAG Awards. 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. margin-bottom: 20px; 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. As a result of these strategic efforts, both companies have experienced above market advertising revenue growth. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. It was the right moment, and the right people to do it with.. 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. 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. (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 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. La junta de la Compaa contar con 13 miembros: cinco nombrados por Televisa, tres por Searchlight y ForgeLight, dos por los propietarios de las acciones de la serie C y tres independientes. 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 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. Click the link below to learn when Elon Musk will let these companies finally IPO. 1 Spanish-language sports network in the country. ForgeLight LLC, Grupo Televisa, S.A.B., The Raine Group LLC, SoftBank Group Corp. and Univision Holdings, Inc. undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. } Wade Davis will lead TelevisaUnivision as CEO. The power and scope of these content assets are unmatched. 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. Which Dollar Store, If Any, is Worth Your Investment Dollars? 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. This combination will create a business without comparison in the global media landscape.". 1 en espaol del pas. La teleconferencia se retransmitir a partir de la 12:00 p.m. Centro del 14 de abril hasta las 11:00 p.m. Centro del 28 de abril. In the United States, Televisas audiovisual content is distributed through Univision Communications Inc. (Univision), a leading media company serving the Hispanic market. The company adds that the service will have the largest offering of original Spanish-language content in the U.S. and Latin America, including dramas, comedies, docuseries, game shows, reality shows, variety programs, movies, musical and cultural events, childrens and educational programs, sports and special events, as well as trusted news programming.. 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. 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. 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 New York Times Reports: "No existing defense can stop it." La combinacin se financiar por medio de una inversin de $1 mil millones de nuevas acciones preferentes de la serie C encabezada por SoftBank Latin American Fund (SoftBank), junto con ForgeLight LLC, actual inversionista en Univision, adems de la participacin de Google y The Raine Group; y $2.1 mil millones en obligaciones en concepto de deuda colocados por J.P. Morgan. Slideshow 5502650. Entre los inversionistas de ForgeLight estn un grupo de instituciones y socios estratgicos de primera categora. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. 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. 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