Tag: Wade Davis

Univision has unveiled a new corporate leadership team ahead of closing its merger deal with Televisa and set in place a new structure for its entertainment, sports and news segments.

Univision CEO Wade Davis and Alfonso de Angoitia, co-CEO of Televisa, discussed the reasoning behind merging their content and media assets in a conference call this morning, with the opportunities in the global Spanish-language streaming market a key priority for the company.

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.

Searchlight Capital Partners and ForgeLight have completed their acquisition of a majority stake in Univision, with Grupo Televisa maintaining its stake and program licensing agreement with the U.S. Hispanic media company.