Opinions expressed by Forbes Contributors are their own. The companies have strategically assembled a senior management team of world-class leaders for the global operation, combining great professionals from Televisa and Univision, as well as bringing in top talent from leading media and technology companies. 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. color:rgb(46,179,178); 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. The close of our transaction marks a historic moment for our company and our industry, Davissaid in a release. It's a done deal. Im an expert in the Hispanic media industry. The new company will be known as TelevisaUnivision. Televisa-Univision retendr todos los activos, la propiedad intelectual y la videoteca relacionada a la divisin de Noticias de Televisa. Nmero de retransmisin: +1 (404) 537-3406. La junta de la Compaa contar con 13 miembros: cinco nombrados por Televisa, tres por Searchlight y ForgeLight, dos por los propietarios de las acciones de la serie C y tres independientes. Together, Televisa-Univision can more aggressively pursue innovation and growth through digital platforms as the industry continues to evolve. 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%. 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. Wachtell, Lipton, Rosen & Katz; y Mijares, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal. 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. Audincia Pblica Apresentao Convnio ANEEL - AGEEL. Televisa es una empresa de medios lder en la produccin de contenido audiovisual en espaol, un importante operador de Cable en Mxico y un sistema lder de televisin de paga va satlite en Mxico. We use cookies to ensure that we give you the best experience on our website. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. Click the link below to learn when Elon Musk will let these companies finally IPO. The new entity, which will be known as Televisa-Univision, will be the worlds largest Spanish-language media company. Details remain somewhat sparse, though the company says it will have a free and a premium tier. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. Pillsbury Winthrop Shaw Pittman LLP se desempea como asesor en regulacin. Locally, Univision owns or operates 61 television stations in major Hispanic markets across the United States. In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. The Raine Group es un banco comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones. The new firm will have about 13,000 employees and will continue to rely heavily on its production facilities in Mexico City. 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.". We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets, Davis said in a statement. The long-standing partnership between the two businesses has allowed for improved content and business coordination that will accelerate the integration. Televisa continuar aprovechando el potencial de considerable crecimiento de la Compaa pues seguir siendo el mayor accionista de Televisa-Univision, con una participacin de aproximadamente 45%. Abans de l'inici de la temporada de la NFL, mitjans de comunicaci de tot el pas 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. 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. Televisa valued its assets at $4.8 billion. 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. 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. 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. Is Stellantis Stock a Value Investors Dream? El mercado en espaol, que consta de aproximadamente 600 millones de personas en el mundo y tiene un PIB total de aproximadamente $7 billones, tiene una oferta bastante menor de servicios de streaming con relacin a otros mercados importantes. 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Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Together, TelevisaUnivision owns the largest library of Spanish-language content and intellectual property in the world, and the most prolific long-form Spanish-language content engine in the industry. Televisa said Tuesday it will contribute its estimated 86,000 hours of annual content production; the combined conglomerate will feature Televisas four free-to-air channels, 27 pay-TV networks channels and subscription video service. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Rebroadcast dial in number: +1 (404) 537-3406. 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. The pact provided Univision access to inexpensive shows from Mexico, giving the company little incentive to create its own scripted programming. The Televisa deal is expected to close later this year. 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. Copyright 2001-2023. color: #ddd; An Overview of Blue Chips. Univision and Televisa first announced the merger in April 2021. Televisa posee una participacin mayoritaria en Sky, un sistema lder de televisin de paga directa al hogar va satlite y proveedor de banda ancha que opera en Mxico, la Repblica Dominicana y Centroamrica. Here's 3 Dividend Stocks That Pay Monthly, 3 Lithium Stocks Powering Up For Big 2023 Gains. GOOG 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. While not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos. .article-native-ad svg { .article-native-ad { 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 deal calls for. Opinions expressed by Forbes Contributors are their own. Combining with Univision has always been a dream for us. Contedo. A TikToking clock heading towards regeneration or not. Over the past year both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. 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). 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. The transaction brings together the most compelling content and intellectual property with the most comprehensive media platforms in the two largest Spanish speaking markets in the world. 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. 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.. 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. American Consumer News, LLC dba MarketBeat 2010-2023. 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. 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. ANEEL e a Descentralizao. The balance is derived from other commercial considerations. Univision recently launched a streaming service, PrendeTV. 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. 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. Plans for a global streaming service are moving full steam ahead,with a livestream "unveiling" of the platform scheduled for February 16, 2022. We are creating a company which is a leader across multi-media categories, unified over the largest territories and with the scale and focus to deliver the most compelling content experience to Spanish-language consumers around the world. Univision, Televisa complete merger. Univision and Televisa have come to terms on a merger agreement, a long-awaited deal that will create a Spanish-language TV giant with broad reach in Mexico and the U.S. At closing, the board will be composed of 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. The companys top-rated media portfolio includes the Univision and UniMs broadcast networks, as well as 10 cable networks including Galavisin and TUDN, the No. FCC approves Televisa increased stake in Univision, Analysis: SVoDs drive $220bn content spend. 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. My No. Televisa, based in Mexico City, will retain 45% interest in the new entity. 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. Im an expert in the Hispanic media industry. Real-time analyst ratings, insider transactions, earnings data, and more. Despus del cierre de la operacin, Televisa dejar de consolidar los resultados de su segmento de Contenido. For more information, visit www.raine.com. } Emilio Azcrraga Jeans grandfather co-founded Univision 60 years ago with a single TV station in San Antonio, and his father built Televisa into an entertainment and political juggernaut in Mexico. As the leading Spanish-language content and media company in the U.S., Univision Communications Inc. entertains, informs and empowers U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. Agreg Davis: La composicin de nuestro nuevo grupo de inversionistas refleja confianza en nuestra estrategia, el progreso de nuestra transformacin digital y la magnitud de la oportunidad ante nosotros. La firma tiene oficinas en Nueva York, San Francisco, Los ngeles, Londres, Shanghi y Mumbai. 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. She previously wrote for the Miami Herald and the Palm Beach Post. 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. La combinacin une a dos destacadas empresas de medios en los dos mayores mercados hispanohablantes del mundo: Univision en Estados Unidos, el mercado de medios hispanohablante de mayor valor en el mundo, y Televisa en Mxico, el mercado con ms hispanohablantes del mundo. Televisa-Univision when the transaction closes. 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. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. Univision CEO Wade Davis will lead the combined company, which will take on the name Televisa-Univision. 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. Univision will pay Televisa $3 billion in cash and provide $750 million in Univision common equity and $750 million in Series B preferred equity. The service will have the largest offering of original Spanish-language content in the US and Latin America, including dramas, comedies, docuseries, game shows, reality shows, variety programmes, movies, musical and cultural events, childrens and educational programmes, sports and special events, as well as trusted news programming. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Univision, Televisa By A.J. 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. 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. 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. LionTree Advisors LLC le provey una opinin de razonabilidad financiera (fairness opinion) al Consejo de Administracin de Televisa. Televisa-Univision will retain all assets, IP and library related to Televisas News division. Entre los inversionistas de ForgeLight estn un grupo de instituciones y socios estratgicos de primera categora. It was the right moment, and the right people to do it with.. Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment. Univision CEO Wade Davis assumes the role of CEO of TelevisaUnivision, Inc. The close of our transaction marks a historic moment for our company and our industry,said Davis in a statement. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. 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 four broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service, and the Televisa trademark, will be combined with Univisions assets in the US, 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. 1 Spanish-language sports network in the country. 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. 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. 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. Slideshow 4039556 by kirti Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution, and gaming. Univision has long been tethered to Televisa through a long-term programming rights agreement. Habr una teleconferencia para hablar sobre la combinacin maana, 14 de abril de 2021, a las 9:00 a.m. Centro/10:00 a.m. Este. Subscribe for full access to The Hollywood Reporter. Guggenheim Securities y J.P. Morgan se desempean como asesores financieros de Univision; y Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP y Covington & Burling LLP como asesores legales de Univision. As a result of the combination, TelevisaUnivision reaches over 60 per cent of the respective TV audiences in both the US and Mexico. 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. 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. 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. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. 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. 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. 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. Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. Participants include: Televisa Co-CEO Alfonso de Angoitia and Univision CEO Wade Davis. This combination will create a business without comparison in the global media landscape. 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.