univision televisa merger presentation

Televisa depicted the nearly 600 million Spanish-language speakers speakers across the world as a relatively untapped market, noting less than 10% of the Spanish speaking population currently use an OTT video product, compared with the English language market where nearly 70% of the population has at least one streaming service.. Televisa distribuye el contenido que produce a travs de varios canales de televisin abierta en Mxico y en ms de 70 pases a travs de 27 marcas de canales de televisin de paga y canales de televisin, operadores de cable y servicios adicionales por internet (OTT, por sus siglas en ingls). 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. 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. 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. Wachtell, Lipton, Rosen & Katz; y Mijares, Angoitia, Corts y Fuentes, S.C. le proveen asesora legal. In addition, the TelevisaUnivision transformation also included the development of a massive pipeline of original content for the upcoming global streaming launch, investing in new advertising products in both markets, revamping the programming strategy and executing new distribution partnerships, as well as launching the PrendeTV AVoD service in the US, which has served as a powerful pilot for the upcoming streaming launch. 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.. 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. The end of the transaction means the beginning of a new company named TelevisaUnivision, Inc., which will build on a unitedSpanish-language content library that has 300,000 hours of programming and an extensive portfolio of IP and sports rights. 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 5.5%. Guggenheim Securities and J.P. Morgan are acting as financial advisors to Univision; and Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP and Covington & Burling LLP are serving as legal counsel to Univision. The Hollywood Reporter is a part of Penske Media Corporation. 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. Jaconias de Aguiar Diretor. After the transaction closes, Televisa will no longer consolidate financials of its Content segment. 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. Which Dollar Store, If Any, is Worth Your Investment Dollars? 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. Univision Communications and Grupo Televisa plan to merge their entertainment assets to create a powerful new Spanish-language media company with one foot in the United States and the other in Mexico. Export data to Excel for your own analysis. The transaction brings together Televisas four broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service, and the Televisa trademark and Univisions U.S. assets , 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. 461,600 Shares in Canoo Inc. (NYSE:GOEV) Bought by Axa S.A. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Guggenheim Securities y J.P. Morgan se desempean como asesores financieros de Univision; y Paul, Weiss, Rifkind, Wharton & Garrison LLP; Sidley Austin LLP y Covington & Burling LLP como asesores legales de Univision. Esto crea un slido perfil de rentabilidad que es diferente al de todas las dems empresas de medios, al incluir la sinergia proyectada, se tiene previsto que el margen de EBITDA sea de aproximadamente 45%. The transaction brings together the most compelling content and intellectual property with the most comprehensive media platforms in the two largest Spanish speaking markets in the world. 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. ForgeLight directly operates or provides dedicated operating support to its companies. The deal calls for. The merger is expected to close in 2021, pending regulatory approval, and the combined company plans to launch a global streaming platform in early 2022. The new company will be known as TelevisaUnivision. Univision has long been tethered to Televisa through a long-term programming rights agreement. Mexico's media giantGrupo Televisaand U.S. Spanish-language broadcasterUnivisiontoday announced they have closed their$4.8 billion content merger, nine months after they reported their intention to combine their media assets. CBS News Reports: "It's an entirely new type of weapon." 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Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. A native of Wyoming, she is a graduate of the University of Colorado and Columbia University. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. Nuestros nuevos inversionistas Softbank Latin America Fund, Google y The Raine Group estn igualmente entusiasmados con las oportunidades que presenta esta combinacin.. Fed's Shocking New Plan to Control Your Money. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. 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. In 2020, Televisa produced more than 86,000 hours of content across every genre and category, including sports and special events, dramas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. 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. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. } February 1, 2022. La propuesta de mercado diferenciada y la estructura de costo de Televisa-Univision permiten fijar precios de primer nivel con la eficiencia del costo de contenido, ya que gran parte de la produccin tendr lugar en Mxico, donde la Compaa cuenta con grandes estudios de produccin de alta calidad en un mercado ideal para obtener contenido de primera. As a part of the agreement, Televisa will continue to hold on to its approximately 45% equity stake in the company and retain ownership of izzi Telecom, Sky, and other businesses, as well as the main real estate associated with the production facilities, the broadcasting licenses and transmission infrastructure in Mexico. Alfonso de Angoitia will serve as Executive Chairman of the Televisa-Univision Board of Directors and Marcelo Claure, CEO of SoftBank International, who was named to Univision's Board of Directors in November 2020, will become Vice Chairman of the Board. Para ms informacin, visiten www.raine.com. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. It will be managed by Univision Chief Executive Wade Davis, a former top Viacom executive who put together the investor group that purchased Univision late last year from a consortium of U.S. private equity firms. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing solutions for advertisers and distributors globally. Slideshow 4039556 by kirti LionTree Advisors LLC rendered a fairness opinion to the Board of Directors of Televisa. Televisa will retain ownership of Izzi Telecom, Sky and other businesses and real estate associated with the Mexico production facilities. Locally, Univision owns or operates 61 television stations in major Hispanic markets across the United States. Televisa will also contribute its four free-to-air channels, 27 pay-TV networks channels and stations, its Videocine movie studio and Blim TV subscription video on demand (SVOD) service; and the Televisa trademark. This combination will create a business without comparison in the global media landscape. Mexico's Grupo Televisa and U.S.-based Univision Holdings, Inc. are a step closer to finalizing the $4.8 . margin: 0 45px; The Televisa-Univision combination underscores pressures facing both companies. In Mexico, Televisa has struggled to adapt to the streaming era and has lost some of its audience to Netflix. A TikToking clock heading towards regeneration or not. It's a done deal. Copyright 2001-2023. They will merge their media, content and production assets into a new company, Televisa-Univision, in a $4.8 billion deal, the companies said today. 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. Univision, Televisa By A.J. Get short term trading ideas from the MarketBeat Idea Engine. Meanwhile, Televisas content performance and audience delivery in Mexico was equally as impressive. At the same time, it reinforces the strength of the traditional media assets of both companies.. Univision transmite el contenido audiovisual de Televisa a travs de varias plataformas a cambio de regalas. Univision broadcasts Televisas audiovisual content through multiple platforms in exchange for a royalty payment. 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 Televisa in a $4.8 billion merger deal that will create a massive new Spanish-language media company. Cleary Gottlieb Steen & Hamilton LLP se desempe como asesor legal de SoftBank Latin America Fund. Real-time analyst ratings, insider transactions, earnings data, and more. La influencia y el alcance de estos activos de contenido no tienen par. 1 Spanish-language sports network in the country. Miami-based Univision, which has long relied heavily on Televisas low-cost telenovelas to fill its prime-time schedule, also faces increased competition from Telemundo, which is owned by NBCUniversal, as well as English-language channels, YouTube and streaming services. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: MEXICO CITY (AP) Grupo Televisa, Mexicos largest television network, announced Tuesday it is merging with U.S. Spanish-language broadcaster Univision to form what they called the definitive global leader in Spanish-language media.. View which stocks are hot on social media with MarketBeat's trending stocks report. Juan Carlos Rodriguez has been promoted to President of Sports Enterprises for Univision and, following the completion of the merger, the combined Televisa-Univision company, from his prior. Our flagship Univision network led by our slate of Televisa's scripted novelas reached its highest primetime share of Spanish language audience since 2014. 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 Televisa's media content and production assets and Univision. The company adds that the service will have the largest offering of original Spanish-language content in the U.S. and Latin America, including dramas, comedies, docuseries, game shows, reality shows, variety programs, movies, musical and cultural events, childrens and educational programs, sports and special events, as well as trusted news programming.. At closing, the board will be composed of Emilio Fernando Azcrraga Jean, Bernardo Gmez Martnez, Alfonso de Angoitia Noriega, Marcelo Claure, Michel Combes, Gisel Ruiz, Oscar Muoz, Maria Cristina MC Gonzalez Noguera, Wade Davis, Eric Zinterhofer, Jeff Sine and two additional Televisa appointees. However, lacking the rights to its programming became a liability for Univision in the streaming age. Wade Davis, who had been leading Univision since December 2020. Our new investors at the SoftBank Latin America Fund, Google and The Raine Group are just as excited about the opportunities presented by this combination., This transformative combination brings together the leading network serving U.S. Spanish-language audiences with the leading media platform in Mexico powered by the most powerful Spanish-language content engine in the world, said Univision CEO Wade Davis. Theres a new Spanish-language TV juggernaut, and its name is TelevisaUnivision. The Companys Board will have 13 directors, including five appointed by Televisa, three by Searchlight and ForgeLight, two by the Series C shareholders and three independent directors. The deal will be financed through $1.0 billion of new Series C preferred equity investment led by the SoftBank Latin American Fund, along with current Univision investor ForgeLight LLC, with participation from Google 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. : 0 45px ; the Televisa-Univision combination underscores pressures facing both companies across the United States el de... 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