Televisa and Univision executives said a new global Ott service to launch early next year will roll up their current streaming offerings — including Prende TV, Vix and Blim — and that its content won’t overlap with Univision’s linear networks.
They also revealed in a press call that John Malone’s Liberty Global is an investor in the new company called Televisa-Univison.
As reported Tuesday evening, Univision will pay $4.8 billion for the content assets of Televisa, a Mexican production powerhouse that already was a minority owner of Univision. The two companies will create Televisa-Univision, which will be the largest player in Spanish-speaking media. Grupo Televisa will be the biggest stakeholder, owning 45%. Investment firms Searchlight and ForgeLight, founded by Univision CEO and former Viacom exec Wade Davis, will own 38%.
Additional investment in the new entity is coming from the SoftBank Latin America Fund, Google and The Raine Group. Televisa Co-CEO Alfonso de Angoitia...
They also revealed in a press call that John Malone’s Liberty Global is an investor in the new company called Televisa-Univison.
As reported Tuesday evening, Univision will pay $4.8 billion for the content assets of Televisa, a Mexican production powerhouse that already was a minority owner of Univision. The two companies will create Televisa-Univision, which will be the largest player in Spanish-speaking media. Grupo Televisa will be the biggest stakeholder, owning 45%. Investment firms Searchlight and ForgeLight, founded by Univision CEO and former Viacom exec Wade Davis, will own 38%.
Additional investment in the new entity is coming from the SoftBank Latin America Fund, Google and The Raine Group. Televisa Co-CEO Alfonso de Angoitia...
- 4/14/2021
- by Jill Goldsmith
- Deadline Film + TV
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