Televisa, based in Mexico City, will retain 45% interest in the new entity. 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. To Read the Full Story Become an Adweek+ Subscriber. 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. 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. The companys prominent digital assets include Univision.com, free AVOD streaming service PrendeTV, Univision Now, the largest Hispanic influencer network and several top-rated apps. 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. 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. With our attractive financial profile and history of innovation, TelevisaUnivision is ready to revolutionise the industry by delivering the most comprehensive Spanish-language content offering to audiences around the world.. 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. 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. Sign in to your free account to enjoy all that MarketBeat has to offer. Llamadas desde Estados Unidos: +1 (833) 353-0403, Llamadas internacionales: +1 (630) 652-5765. Televisa will retain ownership of Izzi Telecom, Sky and other businesses and real estate associated with the Mexico production facilities. The balance is derived from other commercial considerations. The combined entity will have the content, production capacity, intellectual property, global reach and financial resources to aggressively pursue the relatively nascent global Spanish-language streaming opportunity, Televisa said in a press statement. 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%. Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Im an expert in the Hispanic media industry. 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 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. 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. Legal experts weigh in, ChatGPT who? Real-time analyst ratings, insider transactions, earnings data, and more. 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%. Rebroadcast dial in number: +1 (404) 537-3406. 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. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? 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). Televisa usar los ingresos que reciba de Univision principalmente para reducir deudas y continuar buscando oportunidades de crecimiento y reforzando su posicin de lder por medio de inversiones continuas en sus actividades principales. The new company, TelevisaUnivision, creates the worlds leading Spanish-language media and content company. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have closed their $4.8 billion content merger, nine months after. 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. At closing, the board will be 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. 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. 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 . She was the lead reporter for The Times coverage of the deadly Rust shooting on a New Mexico film set in 2021, work recognized by the Pulitzer Prize board as a finalist in breaking news. In the United States, Televisas audiovisual content is distributed through Univision Communications Inc. (Univision), a leading media company serving the Hispanic market. Univision is ready to make a splash at its first upfront as part of TelevisaUnivision. 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. } It's a done deal. Televisa valued its assets at $4.8 billion. 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. Should you invest $1,000 in TWO right now? Contactos para los medios e inversionistas, Univisions 35th Annual PREMIO LO NUESTRO Ranks as #1 Program on All of Television and Social Media, PREMIO LO NUESTRO Celebrates 35th Edition with a Spectacular Gala. Katz January 31, 2022 Univision and Mexico's Televisatwo of the biggest Spanish-language. However, lacking the rights to its programming became a liability for Univision in the streaming age. 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. De Angoitia stated the merger of "thetwo largest Spanish-speakingmarketsin the world has created a company with tremendous potential and they are "ready to revolutionize the industry by delivering the most comprehensive Spanish-language content offering to audiences around the world.. Click the link below to learn when Elon Musk will let these companies finally IPO. Copyright 2001-2023. 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. La junta directiva de Televisa y la de Univision ya han aprobado la combinacin. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. 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 Network will continue to exist, owned by Televisa-Univision. For more information, visit www.raine.com. 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. Meg James is an award-winning media reporter, writing about the business of entertainment for the Los Angeles Times. 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 deal calls for. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. 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. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. 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. 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. Ari Emanuel lets his AI alter ego open Endeavors earnings call, WGA chief negotiator David Young replaced due to illness ahead of key talks with studios, Before and after photos from space show storms effect on California reservoirs, Dramatic before and after photos from space show epic snow blanketing SoCal mountains, The chance of a lifetime: Five friends ski the tallest mountain in Los Angeles, Shocking, impossible gas bills push restaurants to the brink of closures, WGA asks members to vote on key demands in bargaining with studios, Alec Baldwin and Rust producers sued by crew members over fatal shooting, Rupert Murdoch admits he knew Fox News hosts endorsed false election fraud claims, deposition shows, Historic movie lot that gave Studio City its name to get $1-billion makeover. contact@marketbeat.com 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 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. The Hollywood Reporter is a part of Penske Media Corporation. 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. 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. The resulting business will hold the largest long-form library of content in the world, a powerful portfolio of IP and global sports rights, fueled by the most prolific Spanish-language production infrastructure. Los sucesos o resultados reales que se obtengan podran variar considerablemente de estas estimaciones, por motivos que incluyen pero no se limitan a: sucesos y condiciones econmicos y polticos; incertidumbre en los mercados financieros internacionales; el impacto de la pandemia del COVID-19; cambios en la tasa de inflacin; cambios en la tasa de inters; el impacto de leyes y normas actuales, cambios a estos o la imposicin de leyes y normas nuevas que afecten nuestras empresas, actividades e inversiones; cambios en la demanda de los clientes; y los efectos de la competencia. Televisa and Univision secure all regulatory approvals for $4.8 billion content merger. 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 close of our transaction marks a historic moment for our company and our industry, Davissaid in a release. 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. See what's happening in the market right now with MarketBeat's real-time news feed. La propuesta de mercado diferenciada y la estructura de costo de Televisa-Univision permiten fijar precios de primer nivel con la eficiencia del costo de contenido, ya que gran parte de la produccin tendr lugar en Mxico, donde la Compaa cuenta con grandes estudios de produccin de alta calidad en un mercado ideal para obtener contenido de primera. 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