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. named to Univision's Board of Directors in November 2020. Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? The pact provided Univision access to inexpensive shows from Mexico, giving the company little incentive to create its own scripted programming. Ricinus communis. Audincia Pblica Apresentao Convnio ANEEL - AGEEL. The New York Times Reports: "No existing defense can stop it." 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. The new firm will have about 13,000 employees and will continue to rely heavily on its production facilities in Mexico City. 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. 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. 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. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. 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. "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,". 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. In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. Details remain somewhat sparse, though the company says it will have a free and a premium tier. Thank you, you'll be receiving newsletter updates from us in your email inbox. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Participants include: Televisa Co-CEO Alfonso de Angoitia and Univision CEO Wade Davis. 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. 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. margin-top: 10px; Jaconias de Aguiar Diretor. Meg James is an award-winning media reporter, writing about the business of entertainment for the Los Angeles Times. The deal calls for. The union is designed to position Televisa-Univision as a global force in streaming. Wade Davis, director general de Univision, encabezar la empresa combinada; Alfonso de Angoitia se desempear como presidente ejecutivo de la junta directiva de Televisa-Univision; y Marcelo Claure, director general de SoftBank Group International, ser su vicepresidente. | Find, read and cite . If you continue to use this site we will assume that you are happy with it. The new company will be led by CEO Wade Davis, with Alfonso de Angoitia serving as executive chair of the board. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. 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. Despus del cierre de la operacin, Televisa dejar de consolidar los resultados de su segmento de Contenido. 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. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. 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. LionTree Advisors LLC rendered a fairness opinion to the Board of Directors of Televisa. 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. Televisa, based in Mexico City, will retain 45% interest in the new entity. Entre los inversionistas de ForgeLight estn un grupo de instituciones y socios estratgicos de primera categora. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. A nivel local, Univision es propietaria u opera 61 estaciones de televisin en los principales mercados hispanos en Estados Unidos. Televisa depicted the nearly 600 million Spanish-language speakers speakers across the world as a relatively untapped market, noting 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.. The firm has offices in New York, San Francisco, Los Angeles, London, Shanghai, and Mumbai. 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. 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 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. 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). 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 5.5%. Get short term trading ideas from the MarketBeat Idea Engine. GOOG Under terms of the sweeping . Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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 Companys new investors include SoftBank Latin America Fund, Google and The Raine Group. Univision had signed deals with Eugenio Derbez and Selena Gomez in anticipation of the streaming launch, which will also leverage Televisas significant library to total more than 300,000 hours of content. Univision and Televisa first announced the merger in April 2021. In 2020, Televisa produced more than 86,000 hours of content across every genre and category, including sports and special events, dramas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. 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. ForgeLight directly operates or provides dedicated operating support to its companies. FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. 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. July 19, 2021 9:45am Univision's Wade Davis Courtesy of Univision Univision Holdings has added to the management ranks for its unified streaming service to emerge from its Televisa. 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. Univision and Televisa have been partners on and off for decades. The Raine Group es un banco comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones. Univision recently launched a streaming service, PrendeTV. 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. 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. Former Softbank COO Marcelo Claure will be vice chairman. I would also like to thank Televisa Co-CEOs Alfonso de Angoitia and Bernardo Gmez for their continued support and partnership as we work together to provide our audience with even more access to even more powerful, compelling and engaging Spanish-language content, however they choose to access it., We have been deeply involved with Univision for more than two decades, and we have never enjoyed a better relationship with our partners, said Bernardo Gmez and Alfonso de Angoitia, Televisas Co-Chief Executive Officers. Rebroadcast dial in number: +1 (404) 537-3406. Univision Network will continue to exist, owned by Televisa-Univision. CBS News Reports: "It's an entirely new type of weapon." Abans de l'inici de la temporada de la NFL, mitjans de comunicaci de tot el pas Katz January 31, 2022 Univision and Mexico's Televisatwo of the biggest Spanish-language. } The power and scope of these content assets are unmatched. 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. padding-bottom: 20px; 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. 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. }. It's a done deal. As a part of the agreement, Televisa will continue to hold on to its approximately 45% equity stake in the company and 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. 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. Como resultado de la considerable aportacin de capital y mayor rentabilidad de la Compaa, se tiene previsto que la tasa neta de endeudamiento de Televisa-Univision disminuya ms de 2.0x a aproximadamente 5.0x, lo que toma en cuenta la sinergia proyectada de ingresos y costos de $200 millones a $300 millones. 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. However, lacking the rights to its programming became a liability for Univision in the streaming age. Televisa-Univision when the transaction closes. 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 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. 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. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. margin-bottom: 20px; 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. Pillsbury Winthrop Shaw Pittman LLP served as legal counsel to The Raine Group. I would like to thank Chairman Emilio Azcrraga for his confidence in us, to continue as partners growing the incredible company he and his family have built. 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. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. 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. The company does have valuable rights to sports and special events and produces news, movies, reality shows, childrens programs and educational programming. The goal is to launch a global Spanish-language streaming service this year, which will be formally unveiled next month. Univision and the Mexican TV giant Televisa completed their $4.8 billion merger on Monday, creating the newly-formed company, which brings together Televisa's media content and production assets . 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. NUEVA YORK, MIAMI Y CIUDAD DE MXICO 13 de abril de 2021 Grupo Televisa, S.A.B. Cleary Gottlieb Steen & Hamilton LLP served as legal counsel to the SoftBank Latin America Fund. Televisa will continue to capture the upside from the significant growth potential of the Company by remaining the largest shareholder in Televisa-Univision with an equity stake of approximately 45%. 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.. 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. The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. 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