Grupo Televisa and Univision Holdings have completed the merger transaction to form the Spanish-language media and content company TelevisaUnivision.
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Televisa is selling its media and content assets to Univision for $4.8 billion, with SoftBank Latin America Fund, Google, The Raine Group and ForgeLight among those participating in the financing of the transaction.
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Grupo Televisa recorded a first-quarter loss of 8.9 billion pesos ($365 million) on revenues that were relatively flat at 23.2 billion pesos ($952 million).
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The director general of Televisa Internacional and Televisa Networks spoke about the challenges of his new responsibilities and Grupo Televisa's position in a competitive media landscape.
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At an event at NATPE that showcased Televisa’s portfolio of productions, Emilio Azcárraga, executive chairman of the board of the Mexican media giant, spoke to World Screen Newsflash about reinventing the company in a rapidly changing media landscape.
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Grupo Televisa has launched Televisa Alternative Originals (TAO), a new premium content division that has signed its first distribution deal with Amazon Prime Video for a number of series.
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Univision Communications and Grupo Televisa have launched a TV pilot initiative to foster the development of new original scripted and unscripted series by global independent producers.
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Emilio Azcárraga Jean, the chairman of the board, president and CEO of Grupo Televisa, will receive the 2017 International Emmy Directorate Award.
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NEW YORK/MEXICO CITY: Isaac Lee is taking on the role of chief content officer at Univision and Televisa as the Mexican media giant and the U.S. Hispanic broadcaster align their programming development and production efforts.
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MIAMI: BBC Worldwide has signed a distribution agreement with Grupo Televisa’s new SVOD platform Blim, which will offer its subscribers more than 200 hours of content from the company, including drama, natural history, factual entertainment, science and documentaries.
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