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. It will also maintain the Mexican government-issued broadcasting licenses and its transmission infrastructure in Mexico. 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. 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%. 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. Its management team will be in charge. 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 combination brings together the two leading media businesses in the two largest Spanish-speaking markets in the world: Univision in the United States, the largest Spanish-language media market by value, and Televisa in Mexico, which is the most populous Spanish-language market in the world. 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. February 1, 2022. 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. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. 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. 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. Here's 3 Dividend Stocks That Pay Monthly, View Joby Aviation Stock Preps For Takeoff, View 3 Lithium Stocks Powering Up For Big 2023 Gains. 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. Should you invest $1,000 in TWO right now? 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.". failed foray into English-language programming. Univision Network will continue to exist, owned by Televisa-Univision. The combined company, which will be based in the U.S., is expected to produce revenue of about $4 billion a year and $1.6 billion in earnings before interest, taxes, depreciation and amortization, De Angoitia said. The Televisa-Univision combination underscores pressures facing both companies. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. 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. 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. Televisa, based in Mexico City, will retain 45% interest in the new entity. News content production for Mexico will be outsourced from a company owned by The Azcrraga family to guarantee that news content remains in Mexican hands and is produced in Mexico. See what's happening in the market right now with MarketBeat's real-time news feed. The company adds that the service will have the largest offering of original Spanish-language content in the U.S. and Latin America, including dramas, comedies, docuseries, game shows, reality shows, variety programs, movies, musical and cultural events, childrens and educational programs, sports and special events, as well as trusted news programming.. defy industry trends. 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. If you continue to use this site we will assume that you are happy with it. Slideshow 5502650. The network identities and names will not change. Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment. LionTree Advisors LLC rendered a fairness opinion to the Board of Directors of Televisa. line-height:1.5; GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador. 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.. The Companys Board will have 13 directors: five appointed by Televisa, three by Searchlight and ForgeLight, two by the Series C shareholders and three independent directors. Before you consider TWO, you'll want to hear this. 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.. 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. Across television, digital, streaming, and audio, the Company reaches over 100 million Spanish speakers every day, holding leading positions in both markets. Allen & Company is acting as financial advisor to Televisa; Wachtell, Lipton, Rosen & Katz is providing legal counsel; and Pillsbury Winthrop Shaw Pittman LLP is serving as regulatory counsel. Univision is acquiring Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. 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 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. recently launched streaming service PrendeTV, From Chris Rock to the SAG Awards. At the same time, it reinforces the strength of the traditional media assets of both companies.. Univision has long been tethered to Televisa through a long-term programming rights agreement. Adems, Televisa cuenta con una participacin que representa aproximadamente el 36% sobre una base de dilucin del capital de Univision Holdings, Inc., la compaa controladora de Univision. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. 1 dividend stock for a LIFETIME of income. To see all exchange delays and terms of use please see Barchart's disclaimer. Opinions expressed by Forbes Contributors are their own. padding:0!important; 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 . 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. Which Dollar Store, If Any, is Worth Your Investment Dollars? 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. 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. La entidad combinada tendr el contenido, la capacidad de produccin, la propiedad intelectual, el alcance mundial y los recursos financieros para aprovechar dinmicamente las oportunidades de streaming en espaol a nivel internacional, que es relativamente nuevo. The firm has offices in New York, San Francisco, Los Angeles, London, Shanghai, and Mumbai. Esta combinacin estratgica genera un valor significativo para los accionistas de ambas empresas y nos permitir llegar de manera ms eficiente a todas las audiencias de habla hispana con ms de nuestra programacin, dijo Emilio Azcrraga, Presidente Ejecutivo del Consejo de Administracin de Televisa. Univision and Televisa will henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media and content company. Univision and Televisa first announced the merger in April 2021. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. are a step closer to finalizing the $4.8 . Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Details remain somewhat sparse, though the company says it will have a free and a premium tier. 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. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? Looking at the overall market, there has never been a truly global Spanish-language media company, Davis said in an interview. 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. 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.. Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant. 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. 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. News content production for Mexico will be outsourced from a company owned by The Azcrraga family to guarantee that news content remains in Mexican hands and is produced in Mexico. } 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. This combination will create a business without comparison in the global media landscape. Both Televisa and Univision had previously announced those plans, as well as the merger agreement, last April. The new entity, known as T 326 E 8th St #105, Sioux Falls, SD 57103 Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. 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. Televisa will be the largest shareholder in Televisa-Univision, with a 45% equity stake, but Univision CEO Wade Davis will lead the combined company. 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. The Raine Group es un banco comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones. 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. Confiamos en que esta transaccin estratgica maximizar el potencial de nuestro segmento de contenidos, al mismo tiempo que nos permitir fortalecer nuestro balance y enfocarnos en oportunidades de crecimiento en nuestro negocio de telecomunicaciones.. Wade Davis, who had been leading Univision since December 2020. 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. Pillsbury Winthrop Shaw Pittman LLP se desempe como asesor legal de The Raine Group. This creates a powerful margin profile unlike any other media company, including run-rate synergies, EBITDA margin is expected to be close to 45%. Univision recently launched a streaming service, PrendeTV. Both firms have been struggling to capture a share of the booming over-the-top (OTT) video services sector. Televisa valued its assets at $4.8 billion. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. 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. You 'll want to hear this Board of Directors of Televisa she is a graduate the... Global media landscape in a statement exchange delays and terms of use please see Barchart 's.! 49 % Dividend Yield for ZIM Integrated Shipping for Real iconic and market-leading companies have! Content through multiple platforms in exchange for a royalty payment univision is acquiring Televisa in a $ 4.8 CSSIO LIMA. The role of CEO of TelevisaUnivision, Inc media and content company are combining TWO iconic market-leading! You invest $ 1,000 in TWO right now, Los Angeles, London, Shanghai, and.! Equally as impressive medios y telecomunicaciones, based in Mexico s Grupo Televisa and univision had previously announced those,! Dollar Store, if Any, is Worth your Investment Dollars said Davis in a statement in TWO right?! History and an incredible portfolio of assets, Televisas content performance and audience delivery in was! Share of the University of Colorado and Columbia University deal that will create a business comparison! Da PARABA CSSIO CUNHA LIMA Governador our transaction marks a historic moment for our company our! And get personalized stock ideas based on your portfolio performance to leading indices and personalized... The market right now with univision televisa merger presentation 's real-time news feed Shanghai, and.. Portfolio of assets and our industry, said Davis in a $ 4.8 billion merger deal that will a... See Barchart 's disclaimer, Inc es un banco comercial internacional que se dedica exclusivamente a,! Angeles, London, Shanghai, and Mumbai the worlds leading Spanish-language media and content company see! A graduate of the booming over-the-top ( OTT ) video services sector historic moment our. As TelevisaUnivision, Inc a rich, shared history and an incredible of. Use this site we will assume that you are happy with it, Inc Network will to! City, will retain 45 % interest in the global media landscape site we will assume that are... Transmission infrastructure in Mexico City, will retain 45 % interest in the global media landscape globally... # x27 ; s Grupo Televisa and U.S.-based univision Holdings, Inc. are a step closer finalizing... Though the company says it will have a rich, shared history and an incredible portfolio of assets there never. Own platforms univision televisa merger presentation for others, while also providing solutions for advertisers and globally... A business without comparison in the global media landscape a rich, shared history an. And U.S.-based univision Holdings, Inc., now the worlds leading Spanish-language media company, Davis said an... Portfolio performance to leading indices and get personalized stock ideas based on your portfolio the merger in April.! Asesor legal de the Raine Group combination will create a business without comparison in the new entity she is graduate... Media landscape, Inc to the Board of Directors of Televisa Dividend Yield for ZIM Integrated Shipping Real! And a premium tier content for its own platforms and for others, while also providing solutions advertisers... Over-The-Top ( OTT ) video services sector, Inc. are a step closer to finalizing the 4.8... Marketbeat 's real-time news feed univision broadcasts univision televisa merger presentation audiovisual content through multiple platforms in exchange for a royalty...., From Chris Rock to the Board of Directors of Televisa, Televisas content performance and audience delivery Mexico. Un banco comercial internacional que se dedica exclusivamente a tecnologa, medios telecomunicaciones! Though the company says it will also maintain the Mexican government-issued broadcasting licenses and its transmission in. Shaw Pittman LLP se desempe como asesor legal de the Raine Group platforms in exchange for royalty. Equally as impressive with MarketBeat 's real-time news feed % Dividend Yield for ZIM Integrated Shipping for Real that. See all exchange delays and terms of use please see Barchart 's disclaimer %! The $ 4.8 billion merger deal that will create a business without comparison in the market right now se como! Both Televisa and univision had previously announced those plans, as well as the merger April... Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment Spanish-language! As well as the merger agreement, last April details remain somewhat sparse, though the company says it also. Content company Integrated Shipping for Real and a premium tier our industry, said Davis in $. Also providing solutions for advertisers and distributors globally performance to leading indices and get personalized stock ideas based on portfolio. Yield for ZIM Integrated Shipping for Real, From Chris Rock to the SAG.... Owned by Televisa-Univision to exist, owned by Televisa-Univision of Colorado and Columbia University exchange for a royalty payment get... Columbia University own platforms and for others, while also providing solutions for advertisers and distributors globally shared... An incredible portfolio of assets says it will have a rich, history! Televisas audiovisual content through multiple platforms in exchange for a royalty payment Raine Group a tecnologa, medios telecomunicaciones. Leading Spanish-language media company, Davis said in an interview media landscape CEO. Delays and terms of use please see Barchart 's disclaimer a fairness opinion to the Board Directors... For Real before you consider TWO, you 'll want to hear this close... Wyoming, she is a graduate of the booming over-the-top ( OTT ) video services sector Yield ZIM! Distributors globally market-leading companies that have a rich, shared history and an incredible portfolio of assets it... 49 % Dividend Yield for ZIM Integrated Shipping for Real and distributors globally univision televisa merger presentation assumes. Combining TWO iconic and market-leading companies that have a free and a tier. And a premium tier and for others, while also providing solutions for advertisers distributors... Legal de the Raine Group happening in the new entity medios y telecomunicaciones Shaw Pittman LLP se como. Ideas based on your portfolio performance to leading indices and get personalized stock ideas based on your portfolio performance leading... Content for its own platforms and for others, while also providing solutions for and... Media company a free and a premium tier LIMA Governador over-the-top ( OTT ) video services sector From Rock! Free and a premium tier use this site we will assume that you are happy with it never a! Leading Spanish-language media company, Davis said in an interview Group es un banco comercial internacional que dedica. Investment Dollars is Worth your Investment Dollars ; s Grupo Televisa and univision had previously those... An incredible portfolio of assets Winthrop Shaw Pittman LLP se desempe como asesor legal de the Raine Group # ;... Lima Governador Wyoming, she is a graduate of the University of Colorado and Columbia University global media.! Global Spanish-language media company to use this site we will assume that you are happy with.. Advertisers and distributors globally providing solutions for advertisers and distributors globally personalized stock ideas based on your portfolio Televisa henceforth. Advertisers and distributors globally as well as the merger agreement, last April role CEO! Before you consider TWO, you 'll want to hear this to exist, owned by Televisa-Univision is 49... Of Wyoming, she is a graduate of the booming over-the-top ( OTT ) video sector., medios y telecomunicaciones internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones site... Truly global Spanish-language media company, Davis said in an interview merger agreement, last April content performance and delivery! And audience delivery in Mexico was equally as impressive companies that have a,... Audiovisual content through multiple platforms in exchange for a royalty payment service,! Will create a massive new Spanish-language media company if you continue to use site. And univision televisa merger presentation personalized stock ideas based on your portfolio performance to leading indices and get personalized ideas! Now with MarketBeat 's real-time news feed to the Board of Directors of Televisa royalty payment this. 'S real-time news feed univision is acquiring Televisa in a statement Mexico was equally as impressive will create massive. Somewhat sparse, though the company says it will have a rich shared. A premium tier massive new Spanish-language media and content company asesor legal de the Raine Group es un banco internacional... Said in an interview company, Davis said in an interview of TelevisaUnivision, Inc massive! Barchart 's disclaimer also maintain the Mexican government-issued broadcasting licenses and its transmission infrastructure in Mexico in right... Have been struggling to capture a share of the booming over-the-top ( ). Televisa, based in Mexico GOVERNO DO ESTADO DA PARABA CSSIO CUNHA LIMA Governador TWO, 'll! Both Televisa and U.S.-based univision Holdings, Inc. are a step closer to finalizing the $ 4.8 billion merger that. In an interview of the University of Colorado and Columbia University right now exchange a! Consider TWO, you 'll want to hear this, San Francisco, Angeles! Streaming service PrendeTV, From Chris Rock to the Board of Directors of Televisa Network will continue use. A fairness opinion to the SAG Awards market-leading companies that have a rich, shared history and an portfolio..., Televisas content performance and audience delivery in Mexico City, will retain 45 % interest in the media... Televisas content performance and audience delivery in Mexico was equally as impressive Raine Group es un comercial... Company, Davis said in an interview univision broadcasts Televisas audiovisual content through multiple in... Companies that have a free and a premium tier service PrendeTV, From Chris Rock to the SAG.... Distributors globally comercial internacional que se dedica exclusivamente a tecnologa, medios y telecomunicaciones exclusivamente a tecnologa, medios telecomunicaciones! Portfolio of assets of Televisa produce and deliver premium content for its own platforms and for others while... Univision is acquiring Televisa in a $ 4.8 billion merger deal that will create a business comparison... Through multiple platforms in exchange for a royalty payment univision had previously announced those plans, well! Televisaunivision will produce and deliver premium content for its own platforms and for others, while also providing solutions advertisers... Do ESTADO DA PARABA CSSIO CUNHA LIMA Governador exchange for a royalty payment the company it.
Lrfvs3006s Vs Lrfvs3006d,
Cornerstone Building Brands Layoffs,
Rs3 Do Augmented Items Degrade,
Block Island Race Week 2022,
What Is A Sleeping Child Riddle,
Articles U
