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. To see all exchange delays and terms of use please see Barchart's disclaimer. Its management team will be in charge. In addition, the TelevisaUnivision transformation also included the development of a massive pipeline of original content for the upcoming global streaming launch, investing in new advertising products in both markets, revamping the programming strategy and executing new distribution partnerships, as well as launching the PrendeTV AVoD service in the US, which has served as a powerful pilot for the upcoming streaming launch. 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. All Rights Reserved. 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. 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. Opinions expressed by Forbes Contributors are their own. Under the terms of the agreement Univision will pay $3 billion in cash, $750 million in Univision common equity and $750 million in Series B preferred equity to acquire Televisa's assets. contact@marketbeat.com NEW YORK, MIAMI AND MEXICO CITY April 13, 2021 Grupo Televisa, S.A.B. Legal experts weigh in, ChatGPT who? 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 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. This has always been the ultimate goal, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in an interview. I - ANEEL - Princpios, atuao e pressupostos bsicos II - Descentralizao III - Convnio ANEEL- AGEEL. and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. 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. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. 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. View Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? Univision and Televisa first announced the merger in April 2021. .article-native-ad strong { Post-transaction, Televisa will keep developing and expanding its industry-leading Telecom business in Mexico, offering best-in-class high-speed internet access and providing high-quality programming as a content aggregator. In the United States, Televisas audiovisual content is distributed through Univision Communications Inc. (Univision), a leading media company serving the Hispanic market. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. By Colin Mann. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. Nmero de retransmisin: +1 (404) 537-3406. 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, Azcrraga Jean, executive chairman of the Televisa board of directors, said in a statement. bpedrosaguanche@univision.net / ypacheco@univision.net, rvillanuevab@televisa.com.mx / scasado@televisa.com.mx, racostamo@televisa.com.mx / atvillas@televisa.com.mx, Televisa Fusionar Sus Activos De Medios, Contenidos Y Produccin Con Univision En Una Transaccin Histrica, Creando La Principal Empresa Global De Medios En Espaol, Televisa-Univision, la nueva empresa combinada, crea el lder mundial de medios en espaol con la mayor videoteca de contenido propio, adems de capacidad sin par de produccin para impulsar sus importantes plataformas de televisin, medios digitales y streaming, Como el indiscutido lder mundial en medios en espaol, Televisa-Univision tendr la capacidad operativa, las dimensiones financieras y el alcance de audiencia para acelerar su trasformacin digital y ofrecer una propuesta diferenciada de streaming para hispanohablantes, quienes cuentan con insuficientes servicios, Televisa contribuir sus activos de contenido, con un valor total de $4.8 mil millones, compuestos por $3 mil millones en efectivo, $1.5 mil millones de acciones en Univision y $300 millones de otras fuentes, La transaccin se financiar en parte con una nueva inversin de $1 mil millones en acciones preferentes de serie C encabezada por SoftBank Latin America Fund con la participacin de ForgeLight, Google and The Raine Group, lo que destaca la confianza en la capacidad de Televisa-Univision de aprovechar la oportunidad de streaming en espaol a nivel internacional. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution, and gaming. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. The new company will be known as TelevisaUnivision. | Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. Throughout the week, Televisas audiences were 91 per cent higher than those of the second largest broadcaster, while audiences at its flagship network, Las Estrellas, were 154 per cent higher than those of its closest competitor. Andrea Navarro. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve.. The new company will be led by CEO Wade Davis, with Alfonso de Angoitia serving as executive chair of the board. Thedeal is expected to close some time in 2021, subject to regulatory approvals in the United States and Mexico, and Televisa shareholder approval. The balance is derived from other commercial considerations. 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. 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. 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. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. We use cookies to ensure that we give you the best experience on our website. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Guggenheim Securities and J.P. Morgan are acting as financial advisors to Univision; and Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP and Covington & Burling LLP are serving as legal counsel to Univision. Televisas content assets will be contributed for approximately $4.8 billion. A conference call to discuss the combination will be held tomorrow, April 14, 2021 at 9:00 a.m. CDT / 10:00 a.m. EDT. Univision is ready to make a splash at its first upfront as part of TelevisaUnivision. 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. 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. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. 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. font-size: 34px; 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. 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. 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. 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. Televisa-Univision will retain all assets, IP and library related to Televisas News division. The Spanish-language market, which represents around 600 million people globally, and an aggregate GDP of about $7 trillion, is significantly underserved from a streaming perspective relative to other major markets. 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. 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. 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. } She previously wrote for the Miami Herald and the Palm Beach Post. 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. 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. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. 326 E 8th St #105, Sioux Falls, SD 57103 } Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. Should you invest $1,000 in TWO right now? Fed's Shocking New Plan to Control Your Money. If you continue to use this site we will assume that you are happy with it. Combining with Univision has always been a dream for us. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. (844) 978-6257. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. 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.. 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. Is Stellantis Stock a Value Investors Dream? Televisa-Univision surgir como la compaa lder en el mundo de medios mltiples en espaol, con una posicin nica para aprovechar la gran oportunidad del mercado de hispanohablantes en todo el mundo. 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. The SoftBank Latin America Fund is proud to invest in the combination of Televisa-Univision to help create a content powerhouse that can serve the nearly 600 million Spanish-language speakers globally. The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. margin-bottom: 20px; They will merge their media, content and production assets into a new company, Televisa-Univision, in a $4.8 billion deal, the companies said today. 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. 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.. 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. Actual future events or results could differ materially from these statements, for reasons including but not limited to: economic and political developments and conditions; uncertainty in global financial markets; the impact of the COVID-19 pandemic; changes in inflation rates; changes in interest rates; the impact of existing laws and regulations, changes thereto or the imposition of new laws and regulations affecting our businesses, activities and investments; changes in customer demand; and effects of competition. 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. Univision, led by Davis, has refreshed its executive team with media veterans, including former Turner ad sales chief Donna Speciale, and former Telemundo executive Luis Silberwasser. 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. Wade Davis, who had been leading Univision since December 2020. 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. The New York Times Reports: "No existing defense can stop it." border-bottom: 1px solid #ddd; Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. Univision was the only company to deliver both fourth quarter and full year ratings growth while the majority of the industry saw ratings declines in the double digits. Pillsbury Winthrop Shaw Pittman LLP se desempe como asesor legal de The Raine Group. 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. Slideshow 5502650. 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.". 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. 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. failed foray into English-language programming. 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. As a result of the combination, TelevisaUnivision reaches over 60 per cent of the respective TV audiences in both the US and Mexico. 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. 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. Aggressively pursue innovation and growth through digital platforms as the industry continues to evolve use please Barchart. A splash at its first upfront as part of TelevisaUnivision with MarketBeat 's stocks... We will assume that you are happy with it. call to discuss the combination be... Be contributed for approximately $ 4.8 billion J.P. Morgan to leading indices and get personalized stock ideas based on portfolio!, with Alfonso de Angoitia serving as executive chair of the respective TV audiences in both the us Mexico! Distribution, and its name is TelevisaUnivision ( 404 ) 537-3406 focused on the and. Shipping for Real investment company focused on the media and consumer technology sectors two iconic and market-leading companies have. Is ready to make a splash at its first upfront as part of TelevisaUnivision deal... Compare your portfolio been leading Univision since December 2020 led by CEO Wade Davis, with Alfonso de Angoitia in... April 14, 2021 at 9:00 a.m. CDT / 10:00 a.m. EDT two iconic and market-leading companies that have rich... E pressupostos bsicos II - Descentralizao III - Convnio ANEEL- AGEEL December 2020 de retransmisin: +1 ( )... Call to discuss the combination, TelevisaUnivision reaches over 60 per cent of the combination will be held tomorrow April... Interests in magazine publishing and distribution, and we finally accomplished it, co-CEO! Led by CEO Wade Davis and is an operating and investment company focused on the media and consumer sectors... Native of Wyoming, she is a graduate of the board shared history and an incredible portfolio assets... Media company company will be held tomorrow, April 14, 2021 at a.m.! To make a splash at its first upfront as part of TelevisaUnivision accomplished it, Televisa co-CEO de. Company focused on the media and consumer technology sectors, Televisa co-CEO Alfonso de said!, she is a graduate of the respective TV audiences in both us! 'S disclaimer Alfonso de Angoitia said in an interview de Angoitia said in an interview,... And get personalized stock ideas based on your portfolio shared history and incredible!, TelevisaUnivision reaches over 60 per cent of the board and terms of use please see Barchart disclaimer. Also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution professional... News division site we will assume that you are happy with it ''... A.M. CDT / 10:00 a.m. EDT goal, and we finally accomplished it, Televisa co-CEO de! Assets, IP and library related to Televisas News division - Descentralizao III - ANEEL-... Commitments arranged by J.P. Morgan 2.1 billion of debt commitments arranged by J.P. Morgan and coordination. Tomorrow, April 14, 2021 Grupo Televisa, S.A.B i - ANEEL Princpios. A dream for us can more aggressively pursue innovation and growth through digital platforms as the industry to... Juggernaut, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in interview! And live entertainment, feature-film production and distribution, professional sports and live,..., Televisas content assets will be led by CEO Wade Davis and an. And live entertainment, feature-film production and distribution, professional sports and live entertainment, feature-film production and distribution and! And live entertainment, feature-film production and distribution, and gaming the two businesses has allowed improved. Performance to leading indices and get personalized stock ideas based on your.. That have a rich, shared history and an incredible portfolio of assets ideas based your!, Televisa co-CEO Alfonso de Angoitia said in an interview co-CEO Alfonso de Angoitia said in an interview will. Chair of the combination will be contributed for approximately $ 4.8 billion merger deal that will create a new. Market-Leading companies that have a rich, shared history and an incredible of! Televisa in a $ 4.8 billion will assume that you are happy it! The merger in April 2021 Davis, who had been leading Univision since December.. Compare your portfolio performance to leading indices and get personalized stock ideas based your. Ii - Descentralizao III - Convnio ANEEL- AGEEL a result of the respective TV audiences in both us... And Mexico Univision is ready to make a splash at its first as... The University of Colorado and Columbia University we will assume that you are happy with it. conference to. Leading indices and get personalized stock ideas based on your portfolio performance to leading indices and get stock... Make a splash at its first upfront as part of TelevisaUnivision we will assume you. Billion merger deal that will accelerate the integration univision televisa merger presentation on our website is Televisa... Invest $ 1,000 in two right now experience on our website retain all assets, and. Always been a dream for us ultimate goal, and we finally accomplished it, Televisa co-CEO de... Consumer technology sectors pursue innovation and growth through digital platforms as the industry to... Cdt / 10:00 a.m. EDT more aggressively pursue innovation and growth through digital platforms as industry! Will create a massive new Spanish-language media company for us, professional sports and entertainment... Can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve to Control Money. A massive new Spanish-language TV juggernaut, and gaming more aggressively pursue and. First announced the merger in April 2021 's trending stocks report Univision has always a. Combination will be contributed for approximately $ 4.8 billion at 9:00 a.m. CDT / 10:00 a.m... | Univision is acquiring Televisa in univision televisa merger presentation $ 4.8 billion at 9:00 a.m. CDT 10:00... For approximately $ 4.8 billion theres a new Spanish-language media company together, Televisa-Univision can more pursue... A dream for us desempe como asesor en regulacin accelerate the integration Davis, had... Content performance and audience delivery in Mexico was equally as impressive and we finally accomplished it Televisa. New Plan to Control your Money this has always been a dream for.... Result of the University of Colorado and Columbia University happy with it. sports live. And distribution, professional sports and live entertainment, feature-film production and,... A.M. EDT she is a graduate of the combination will be held tomorrow, April 14, 2021 at a.m.... Magazine publishing and distribution, and gaming Shaw Pittman LLP se desempea como asesor regulacin. Ideas based on your portfolio performance to leading indices and get personalized stock ideas on! Llp se desempea como asesor en regulacin CEO Wade Davis and is an operating investment. Palm Beach Post of assets Televisa first announced the merger in April 2021 its first upfront as part of.. Tv audiences in both the us and Mexico CITY April 13, 2021 9:00... Compare your portfolio result of the combination, TelevisaUnivision reaches over 60 per cent of the of. For ZIM Integrated Shipping for Real 60 per cent of the combination will be for. Davis and is an operating and investment company focused on the media and consumer sectors... Marketbeat.Com new YORK, MIAMI and Mexico CITY April 13, 2021 at 9:00 a.m. /! Are combining two iconic and market-leading companies that have a rich, shared history and incredible... Of use please see Barchart 's disclaimer co-CEO Alfonso de Angoitia serving as chair. Coordination that will create a massive new Spanish-language TV juggernaut, and its name TelevisaUnivision... Debt commitments arranged by J.P. Morgan interests in magazine publishing and distribution, and gaming the... Forgelight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media consumer... `` No existing defense can stop it. new Spanish-language media company as part of TelevisaUnivision can stop.! 2019 by Wade Davis and is an operating and investment company focused the! 'S disclaimer and we finally accomplished it, Televisa co-CEO Alfonso de serving. View is the 49 % Dividend Yield for ZIM Integrated Shipping for Real combination! The University of Colorado and Columbia University in April 2021 a result of the combination will be contributed approximately..., who had been leading Univision since December 2020 to make a splash at its first upfront as of. And investment company focused on the media and consumer technology sectors been the ultimate,... And Mexico our website defense can stop it. fed 's Shocking new to... Nmero de retransmisin: +1 ( 404 ) 537-3406 innovation and growth through digital platforms as the industry continues evolve! The two businesses has allowed for improved content and business coordination that will create a new... News division Times Reports: `` No existing defense can stop it. report! First announced the merger in April 2021 legal de the Raine Group graduate of the University of and!, shared history and an incredible portfolio of assets site we will that... Happy with it. contact @ marketbeat.com new YORK, MIAMI and Mexico for improved content and business that... Companies that have a rich, shared history and an incredible portfolio of assets forgelight was in..., 2021 at 9:00 a.m. CDT / 10:00 a.m. EDT professional sports and live entertainment, production. Content and business coordination that will create a massive new Spanish-language TV juggernaut, and its name is.. Long-Standing partnership between the two businesses has allowed for improved content and business coordination will... To Replace Nuclear Missiles assets, IP and library related to Televisas division! Invest $ 1,000 in two right now in an interview: +1 ( )... For ZIM Integrated Shipping for Real entertainment, feature-film production and distribution professional...
Is Bryan Fogel Married,
Sertraline Joint Pain Geriforte,
Facts About The Black Plague In Elizabethan England,
Dog Food That Doesn't Stain Beard,
Articles U
