Univision and Grupo Televisa Complete $4.8B Deal
Univision completed its $4.8 billion buy of Grupo Televisa’s media content and production assets (see 2104140067), and the combined company is now named TelevisaUnivision, said a news release Monday. The new company will produce content for former Univision platforms and…
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others and launch a Spanish-language streaming service in 2022. TelevisaUnivision combines Televisa’s four broadcast channels, 27 pay-TV channels, Videocine movie studio and Blim TV subscription VOD service with Univision’s broadcast networks, nine Spanish-language cable networks, 59 TV stations and 57 radio stations. SoftBank Latin America Fund, Google and Raine Group are investors in the combination. For personnel news about the new company, see the personals section of this issue.