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. 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.. 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%. 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. 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. Plans for a global streaming service are moving full steam ahead,with a livestream "unveiling" of the platform scheduled for February 16, 2022. This has always been the ultimate goal, and we finally accomplished it, Televisa co-CEO Alfonso de Angoitia said in an interview. 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. FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. 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. 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. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. 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. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution, and gaming. El saldo se deriva de otras contraprestaciones comerciales. 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. It was the right moment, and the right people to do it with.. GOOG "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,". 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. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. jointly announced they've reached a deal to combine content and media assets of both companies "to create the largest Spanish-language media company in the world.". 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 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. By tapping into Televisas vast content vault, along with the new Spanish-language originals in development and a wide range of collaborations with some of the most notable established and up-and-coming creators today, this offering will be the worlds first large-scale streaming service specifically developed for the Spanish-speaking audience. The merger facilitates an effective move to streaming by combining content, production facilities, substantive operational cost savings and owned distribution outlets in the two largest Spanish-speaking markets in the world, media consultant Julio Rumbaut said. } After the transaction closes, Televisa will no longer consolidate financials of its Content segment. The historic merger represents a dramatic retrenchment for media scion Emilio Azcrraga Jean, whose family has long been among Mexico's powerbrokers because of its ownership of Televisa and its. 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. The world's leading Spanish-language media and content company completed its merger with Televisa. Televisa-Univision will retain all assets, IP and library related to Televisas News division. The power and scope of these content assets are unmatched. Televisa will retain ownership of its Izzi Telecom, Sky, and other businesses. Televisa-Univision also received a $1. 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. The new entity, known as T 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. When the deal is completed, the Azcrraga family will relinquish its controlling stake but the family will gain a significant piece of a U.S.-based company. Rebroadcast dial in number: +1 (404) 537-3406. Locally, Univision owns or operates 61 television stations in major Hispanic markets across the United States. View 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. 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. Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board. The top 20 programmes on broadcast television in Mexico were produced and transmitted by Televisa. Univision and Televisa will henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media and content company. This combination will create a business without comparison in the global media landscape. The Hollywood Reporter is a part of Penske Media Corporation. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. 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. The Raine Group es un banco comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones. Univision Network will continue to exist, owned by Televisa-Univision. 1 Spanish-language sports network in the country. 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. 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. Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman of the Board. Despus de la transaccin, la produccin de contenido y las operaciones en Mxico seguirn a cargo de Emilio Azcrraga,presidente ejecutivo del Consejo de Administracin deTelevisa, yde Bernardo Gmez y Alfonso de Angoitia,copresidentes ejecutivos deTelevisa, durante el periodo de transicin para asegurar una integracin fluida y exitosa. It will also maintain the Mexican government-issued broadcasting licenses and its transmission infrastructure in Mexico. 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. 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. 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%. Estamos creando una compaa que es un lder en las categoras de multimedios, unificada a lo largo de los territorios ms extensos y con la escala y el enfoque para brindar la experiencia de contenidos ms atractiva a los consumidores de habla hispana en todo el mundo. The Televisa-Univision combination underscores pressures facing both companies. 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. For more information, visit www.raine.com. ANEEL e a Descentralizao. 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