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 pact provided Univision access to inexpensive shows from Mexico, giving the company little incentive to create its own scripted programming. (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). 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. 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 end of the transaction means the beginning of a new company named TelevisaUnivision, Inc., which will build on a unitedSpanish-language content library that has 300,000 hours of programming and an extensive portfolio of IP and sports rights. 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. Univision and Televisa first announced the merger in April 2021. The Televisa deal is expected to close later this year. The Raine Group es un banco comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones. 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. padding-bottom: 20px; Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution, and gaming. The companies jointly announced the move late Tuesday, formalizing a process that began quietly after Univision came under new ownership late last year. Televisa to Merge its Media, Content and Production Assets with Univision in Landmark Transaction, Creating the Premier Global Spanish-Language Media Company, Televisa-Univision, the new combined company, creates the global leader in Spanish-language media with the largest library of owned content, coupled with unmatched production capabilities to power its leading television, digital and streaming platforms, As the definitive global leader in Spanish-language media, Televisa-Univision will have the operating assets, financial scale and audience reach to accelerate its digital transformation and deliver a differentiated streaming proposition to the underserved global Spanish-language population, Televisa to contribute its content assets for a total value of $4.8 billion, comprised of $3.0 billion in cash, $1.5 billion in Univision equity and $0.3 billion from other sources, Transaction partially financed by a new $1 billion Series C preferred investment led by the SoftBank Latin America Fund with participationfrom ForgeLight, Google, and The Raine Group, underscoring confidence in Televisa-Univisions ability to capture the global Spanish-language streaming opportunity. | Find, read and cite . margin: 0 45px; Despus del cierre de la operacin, Televisa dejar de consolidar los resultados de su segmento de Contenido. 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. The company does have valuable rights to sports and special events and produces news, movies, reality shows, childrens programs and educational programming. Cleary Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America Fund. To Read the Full Story Become an Adweek+ Subscriber. 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. Do Not Sell or Share My Personal Information, investor group that purchased Univision late last year, Spanish-language media giant Univision sold as challenges loom. recently launched streaming service PrendeTV, From Chris Rock to the SAG Awards. color: #ddd; 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. The transaction is expected to close in 2021, subject to customary closing conditions, including receipt of regulatory approvals in the United States and Mexico, and Televisa shareholder approval. 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. The Company will further benefit from Univisions market-leading assets in the United States which includes the 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 prominent digital assets including its recently launched AVOD streaming service, PrendeTV. 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.. 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. A nivel local, Univision es propietaria u opera 61 estaciones de televisin en los principales mercados hispanos en Estados Unidos. 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. Which Dollar Store, If Any, is Worth Your Investment Dollars? The deal calls for. Alfonso de Angoitia will serve as Executive Chairman of the Televisa-Univision Board of Directors and Marcelo Claure, CEO of SoftBank International, who was named to Univision's Board of Directors in November 2020, will become Vice Chairman of the Board. This combination will create a business without comparison in the global media landscape. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. Both firms have been struggling to capture a share of the booming over-the-top (OTT) video services sector. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. 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. Univision is acquiring Televisas content assets for $4.8 billion. 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. 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 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. margin-top: 10px; 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 . Televisa, based in Mexico City, will retain 45% interest in the new entity. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Como parte del acuerdo, Televisa seguir siendo propietaria de izzi Telecom, Sky y otras empresas, adems de los principales inmuebles asociados con las instalaciones de produccin, licencias de difusin e infraestructura de trasmisin en Mxico. line-height:1.5; 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. Julho/2002 Joo Pessoa - PB. 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. Bajo las condiciones del acuerdo, Univision pagar $3 mil millones en efectivo, $750 millones en acciones ordinarias de Univision y $750 millones en acciones preferentes de la serie B, con un dividendo anual de 5.5%. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. Univision will pay Televisa $3 billion in cash and provide $750 million in Univision common equity and $750 million in Series B preferred equity. Mexico's media giantGrupo Televisaand U.S. Spanish-language broadcasterUnivisiontoday announced they have closed their$4.8 billion content merger, nine months after they reported their intention to combine their media assets. See what's happening in the market right now with MarketBeat's real-time news feed. Slideshow 4039556 by kirti The Hollywood Reporter is a part of Penske Media Corporation. This creates a powerful margin profile unlike any other media company, including run-rate synergies, EBITDA margin is expected to be close to 45%. Televisa-Univisions differentiated market proposition and cost structure allow for premium top line pricing with efficient content costs as most of the production will take place in Mexico where the Company has substantial high quality production studios in an ideal market to source premium content. View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? The combination will be financed through $1.0 billion of new Series C preferred equity investment led by the SoftBank Latin American Fund (SoftBank), along with current Univision investor ForgeLight LLC, with participation from Google and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan. 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. 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. Subscribe for full access to The Hollywood Reporter. 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. Cuando se cierre la operacin, la junta estar compuesta por Emilio Fernando Azcrraga Jean, Bernardo Gmez Martnez, Alfonso de Angoitia Noriega, Marcelo Claure, Michel Combes, Gisel Ruiz, Oscar Muoz, Mara Cristina MC Gonzlez Noguera, Wade Davis, Eric Zinterhofer, Jeff Sine y dos miembros adicionales nombrados por Televisa. Esta combinacin transformadora une la ms destacada cadena al servicio de las audiencias hispanohablantes en Estados Unidos con la principal plataforma de medios en Mxico, propulsada por el ms potente creador de contenido en espaol del mundo, dijo Wade Davis, director general de Univision. The newly named TelevisaUnivision will launch a global Spanish-language streaming service later this year. 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. padding-left: 10px!important; Participants include: Televisa Co-CEO Alfonso de Angoitia and Univision CEO Wade Davis. Words such as believe, anticipate, plan, expect, intend, seek, potential, target, estimate, project, predict, forecast, guideline, may, should, could, will and similar words and expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying these statements. 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. Univision and Televisa have been partners on and off for decades. 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. At the same time, it reinforces the strength of the traditional media assets of both companies.. GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. Should you invest $1,000 in TWO right now? padding:0!important; 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. 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