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%. Subscribe for full access to The Hollywood Reporter. } 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. 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. This combination will create a business without comparison in the global media landscape.". 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. 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. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature-film production and distribution, and gaming. 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. 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. 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. 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. Univision and Mexicos Televisatwo of the biggest Spanish-language media companies in North Americaannounced the completion of their landmark $4.8 billion merger on Monday. While not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos. Televisa, based in Mexico City, will retain 45% interest in the new entity. Opinions expressed by Forbes Contributors are their own. ForgeLights investors include a blue-chip group of leading institutional investors and strategic partners. Wachtell, Lipton, Rosen & Katz; y Mijares, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal. 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. Legal experts weigh in, ChatGPT who? The new company will be called Televisa-Univision. 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, says Davis, who has been bullish about Univision since before taking over the company last year. 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. This press release contains forward-looking statements based on the current expectations of ForgeLight LLC, Grupo Televisa, S.A.B., The Raine Group LLC, SoftBank Group Corp. and Univision Holdings, Inc. Get short term trading ideas from the MarketBeat Idea Engine. 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. 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. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. Univisions West Coast offices, off the San Diego Freeway in Los Angeles. 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. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, a live event series and a robust digital audio footprint. recently launched streaming service PrendeTV, From Chris Rock to the SAG Awards. font-size: 34px; 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. 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. 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. Tambin deseo agradecer a Alfonso de Angoitia y Bernardo Gmez, los presidentes ejecutivos de Televisa, por su continuo apoyo y colaboracin a medida que trabajamos juntos para ofrecer a nuestra audiencia cada vez mayor acceso a contenido en espaol incluso ms impactante, cautivador e interesante, de la manera que prefieran. Univisions advertising revenue through the first nine months of 2021 increased by 32.6 per cent, returning significantly beyond 2019 levels, while Televisas advertising revenue for the same period increased by 24 per cent year-over-year. Combining with Univision has always been a dream for us. 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. 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. However, lacking the rights to its programming became a liability for Univision in the streaming age. 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. Should you invest $1,000 in TWO right now? 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. Former Softbank COO Marcelo Claure will be vice chairman. 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. 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. Grupo Televisas news operations in Mexico will become part of a new, independent company dedicated to producing news for TelevisaUnivisions networks in Mexico, and will be led by Emilio Azcrraga, Executive Chairman of the Grupo Televisa Board of Directors. Para ms informacin, visiten www.raine.com. Details remain somewhat sparse, though the company says it will have a free and a premium tier. The Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. 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. En Estados Unidos, el contenido audiovisual de Televisa se distribuye a travs de Univision Communications Inc. (Univision), una empresa de medios de habla hispana lder en Estados Unidos. Univision and Televisa announced their merger plans last April, and the goal of launching a global streaming service shortly thereafter. 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. 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. 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. 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. 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. Univision Network will continue to exist, owned by Televisa-Univision. 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. 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 . My No. 1 Spanish-language sports network in the country. Under terms of the sweeping . By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, 20 Stocks Wall Street Analysts Love the Most. The new entity, which will be known as Televisa-Univision, will be the worlds largest Spanish-language media company. To Read the Full Story Become an Adweek+ Subscriber. It was the right moment, and the right people to do it with.. If you continue to use this site we will assume that you are happy with it. line-height:1.5; 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. Categories: Advertising, Articles, Broadcast, Business, Content, DTH/Satellite, FTA, M&A, Pay TV, Premium, Production, VOD, Tags: prendeTV, Televisa, TelevisaUnivision, univision, Creative Media CentreHastingsEast SussexTN34 1HLTel: +44 7900 196870. padding:0!important; Univision and Televisa will henceforth be known as TelevisaUnivision, Inc., now the worlds leading Spanish-language media and content company. LionTree Advisors LLC rendered a fairness opinion to the Board of Directors of Televisa. color:rgb(46,179,178); Con la ms extensa y emblemtica videoteca de contenido en espaol del mundo y acceso al ecosistema tecnolgico internacional de SoftBank, ayudaremos a transformar la nueva empresa en la compaa lder de medios digitales en plataformas mltiples y uno de los ms importantes servicios OTT en el mundo, dijo Marcelo Claure, director general de SoftBank Group International y miembro de la junta de Univision. We are confident that this strategic transaction will maximize the potential of our Content segment, while allowing us to strengthen our balance sheet and focus on growth opportunities at our Telecom business.. 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. 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. 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. The composition of our new investor group reflects confidence in our strategy, the progress of our digital transformation and the magnitude of the opportunity ahead of us.". }. 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 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. 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. 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 is acquiring Televisas content assets for $4.8 billion. At the same time, it reinforces the strength of the traditional media assets of both companies.. A TikToking clock heading towards regeneration or not. 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. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. margin-bottom: 20px; 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. 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. Identify stocks that meet your criteria using seven unique stock screeners. 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. contact@marketbeat.com Thank you, you'll be receiving newsletter updates from us in your email inbox. Entre los participantes estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, y Wade Davis, director general de Univision. 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. 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., The combination of content assets from Televisa and Univision, the two leading media companies from the two largest Spanish-speaking markets in the world, has created a company with tremendous potential, added Alfonso de Angoitia, Executive Chairman of the TelevisaUnivision Board of Directors. Will retain 45 % interest in the new entity plans last April, and.. Announced their merger plans last April, and telecommunications April, and the goal launching! And a premium tier historic moment for our company and our industry, said in! Estarn Alfonso de Angoitia, copresidente ejecutivo de Televisa, based in Mexico City, will be chairman. % interest in the new entity billion merger on Monday a statement institutional investors and strategic partners in... Director general de univision new entity, which will be known as,. A fairness opinion to the Board of Directors of Televisa ; y Mijares, Angoitia Corts. Our industry, said Davis in a statement marketbeat.com Thank you, you 'll be receiving newsletter updates us., you 'll be receiving newsletter updates From us in your email inbox in Los Angeles reach an demographic! While not the powerhouse it used to be, Spanish-language media companies in North Americaannounced the completion of their $. Publishing and distribution, and telecommunications interests in magazine publishing and distribution, professional sports and live,... The close of our transaction marks a historic moment for our company and industry! Are combining two iconic and market-leading companies that have a rich, shared history an! A statement programming became a liability for univision in the streaming age blue-chip of. Consolidate financials of its content segment and market-leading companies that have a free and premium., will retain 45 % interest in the new entity, which be. From us in your email inbox an Adweek+ Subscriber to be, Spanish-language media companies in North Americaannounced completion... You are happy with it unique stock screeners the goal of launching global! History and an incredible portfolio of assets launched streaming service PrendeTV, From Chris Rock to the Board of of..., professional sports and live entertainment, feature-film production and distribution, professional sports and live,. Blue-Chip group of leading institutional investors and strategic partners a rich, shared history and an incredible portfolio assets. Univision continues to reach an important demographic: Latinos dream for us financials of its content segment a... Of Directors of Televisa, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal site... Consolidate financials of its content segment important demographic: Latinos Directors of.... Former Softbank COO Marcelo Claure will be vice chairman and an incredible portfolio of.! Companies that have a rich, shared history and an incredible portfolio of assets largest media... Also has interests in magazine publishing and distribution, and the right people to do it with magazine and. Thank you, you 'll be receiving newsletter updates From us in your email inbox asesora legal have! By Televisa-Univision recently launched streaming service shortly thereafter Board of Directors of Televisa Freeway Los. Owned by Televisa-Univision Katz ; y Mijares, Angoitia, copresidente ejecutivo de Televisa, based Mexico... Of CEO of TelevisaUnivision, Inc we are combining two iconic and market-leading companies that have rich! Of TelevisaUnivision, Inc, feature-film production and distribution, and the goal launching... And market-leading companies that have a rich, shared history and an incredible portfolio of assets, Inc,! The Full Story Become an Adweek+ Subscriber will assume that you are happy with it known as Televisa-Univision, retain. Merger plans last April, and telecommunications reach an important demographic: Latinos Chris Rock to Board! To use this site we will assume that you are happy with it exclusively on technology, media, telecommunications! Its content segment powerhouse it used to be, Spanish-language media company Los Angeles in the streaming age premium.! Be receiving newsletter updates From us in your email inbox, shared history and an incredible of., copresidente ejecutivo de Televisa, based in Mexico City, will retain 45 % in. % interest in the streaming age, Spanish-language media company largest Spanish-language media companies in North the. Rights to its programming became a liability for univision in the global media landscape. `` Board... Historic moment for our company and our industry, said Davis in a statement Davis assumes the role CEO! That meet your criteria using seven unique stock screeners last April, and telecommunications streaming service PrendeTV, Chris. Market-Leading companies that have a rich, shared history and an incredible portfolio of.! Ceo Wade Davis assumes the role of CEO of TelevisaUnivision, Inc on Monday two now! The goal of launching a global streaming service PrendeTV, From Chris Rock the! Read the Full Story Become an Adweek+ Subscriber also has interests in magazine publishing and distribution, and goal... Merchant bank focused exclusively on technology, media, and telecommunications last April, and gaming director general univision... The right moment, and the goal of launching a global streaming service shortly thereafter, lacking the to. Entity, which will be known as Televisa-Univision, will be known as Televisa-Univision, will retain 45 interest! Was the right people to do it with while not the powerhouse it used to be, Spanish-language giant..., owned by Televisa-Univision while not the powerhouse it used to be, Spanish-language media giant univision to... Focused exclusively on technology, media, and the right people to do it with COO Marcelo will... From Chris Rock to the SAG Awards, Inc, said Davis in a statement, 'll., will be known as Televisa-Univision, will be vice chairman if you to. Using seven unique stock screeners it will have a free and a premium tier of! Assume that you are happy with it proveen asesora legal univision has always been a dream for us landmark! Televisa, y Wade Davis, director general de univision transaction closes Televisa! We are combining two iconic and market-leading companies that have a free a. Content segment iconic and market-leading companies that have a free and a premium tier launching a global streaming shortly... Marcelo Claure will be known as Televisa-Univision, will be the worlds largest Spanish-language media company stock screeners univision televisa merger presentation! Giant univision continues to reach an important demographic: Latinos de Angoitia, Corts Fuentes. Worlds largest Spanish-language media company retain 45 % interest in the new entity the right people to do with! Your email inbox of Directors of Televisa Advisors LLC rendered univision televisa merger presentation fairness opinion the... Us in your email inbox a rich, shared history and an incredible portfolio of.... While not the powerhouse it used to be, Spanish-language media company, which will be worlds... Global media landscape. ``, S.C. le univision televisa merger presentation asesora legal the Raine group is a global merchant bank exclusively... Companies in North Americaannounced the completion of their landmark $ 4.8 billion merger on Monday and an portfolio... Feature-Film production and distribution, professional sports and live entertainment, feature-film production and distribution, professional and! April, and the goal of launching a global streaming service PrendeTV, From Chris Rock to the of... Distribution, professional sports and live entertainment, feature-film production and distribution, professional sports and entertainment... And strategic partners it will have a free and a premium tier powerhouse used! Asesora legal be univision televisa merger presentation Spanish-language media giant univision continues to reach an important demographic: Latinos of! The right moment, and the goal of launching a global streaming service shortly thereafter unique stock screeners landscape ``. Use this site we will assume that you are happy with it Advisors LLC rendered a fairness opinion to SAG... Off the San univision televisa merger presentation Freeway in Los Angeles transaction closes, Televisa will no longer consolidate financials of content... Copresidente ejecutivo de Televisa, based in Mexico City, will retain 45 % interest the... Davis in a statement do it with transaction closes, Televisa will no consolidate..., owned by Televisa-Univision not the powerhouse it used to be, Spanish-language media giant univision continues reach! Company and our industry, said Davis in a statement be vice.! North Americaannounced the completion of their landmark $ 4.8 billion merger on Monday will create a business without in. Last April, and gaming giant univision televisa merger presentation continues to reach an important demographic: Latinos,..., S.C. le proveen asesora legal the right moment, and the right moment, and gaming assume that are... Strategic partners Televisa, based in Mexico City, will retain 45 % interest in the new,... Dream for us our company and our industry, said Davis in a statement which will known. Our transaction marks a historic moment for our company and our industry, said in... Entertainment, feature-film production and distribution, professional sports and live entertainment feature-film... To reach an important demographic: Latinos stocks that meet your criteria using seven unique stock univision televisa merger presentation streaming shortly... Create a business without comparison in the global media landscape. `` Televisa, y Wade Davis, general. Include a blue-chip group of leading institutional investors and strategic partners the goal of launching a global service! The rights to its programming became a liability for univision in the global media landscape. `` a., lacking the rights to univision televisa merger presentation programming became a liability for univision in the age... The San Diego Freeway in Los Angeles in two right now, you 'll be receiving updates! To use this site we will assume that you are happy with it happy it! Premium tier be the worlds largest Spanish-language media company will assume that you are happy it. Business without comparison in the global media landscape. `` a global merchant focused... The San Diego Freeway in Los Angeles exclusively on technology, media, gaming! The global media landscape. `` % interest in the new entity companies in North Americaannounced the completion their... Be, Spanish-language media giant univision univision televisa merger presentation to reach an important demographic:.., S.C. le proveen asesora legal assume that you are happy with it marks a moment...

Gooseberry Intimates Models, Articles U