Vix company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

vix.com

Founded Year

1999

Stage

Acquired - II | Acquired

Total Raised

$99.63M

About Vix

VIX creates, acquires, and distributes Hispanic-focused content to audiences in the U.S., Latin America, and across the globe. The company operates the largest Latino AVOD OTT platform in the world, which offers over 20,000 hours of free Latino-focused films and TV shows.On February 1st, 2021, Vix was acquired by Univision Communications. The terms of the transaction were not disclosed.

Vix Headquarter Location

2121 Ponce de Leone Boulevard Suite 800

Coral Gables, Florida, 33134,

United States

305-476-2974

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Vix

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Vix is included in 1 Expert Collection, including Ad Tech.

A

Ad Tech

3,678 items

Latest Vix News

Market Surge After CPI Has Skeptics Warning It’s Overdone

Aug 11, 2022

The cooler-than-expected US inflation reading for July is a positive sign that has buoyed risk assets, but some investors may be getting a little ahead of themselves, according to analysts. Author of the article: Article content (Bloomberg) — The cooler-than-expected US inflation reading for July is a positive sign that has buoyed risk assets, but some investors may be getting a little ahead of themselves, according to analysts. Advertisement 2 Article content Try refreshing your browser, or Market Surge After CPI Has Skeptics Warning It's Overdone Back to video The rally that sent the S&P 500 to a three-month high and the Nasdaq 100 more than 20% above its June bottom was fueled by bets that the Federal Reserve may turn less hawkish on interest rate hikes. Yet market observers cautioned that policy makers will want to see months more of evidence that price gains are slowing before they change their view. Market reaction in Asia remained positive on Thursday, with a key gauge of stocks in the region rallying about 0.5%. Asia’s emerging-market currencies rose, led by Thailand’s baht and the South Korean won. “The markets reaction is undeniably positive, but we think overdone,” said John Velis, an FX and macro strategist at Bank of New York Mellon. “We still think the Fed will move rates up close to 4% by the end of the year or beginning of 2023, and that inflation, while decelerating will remain uncomfortably high.” Advertisement 3 Article content Policy-Rate Plateau “The CPI release does not indicate a pivot to dovishness for the Fed. It reduces the risk that dramatic moves such as raising the target rate by 100bps in September or an inter-meeting hike will be needed,” Sarah Hewin and Steve Englander, at Standard Chartered Bank, wrote in a note. “We expect that by Q4-2022 the evidence of economic slowing will be enough to lead to a pause, but the now-priced-in 2023 policy rate cuts will become a policy-rate plateau.” Volatility Targeting “VIX is trading below 20 for the first time since April and VIX term structure has steepened to the highest levels since April,” said Chris Murphy, derivatives strategist at Susquehanna International Group. “Lower volatility levels could open the door for more equity buying from the vol targeting community.” Advertisement 4 Article content Look Beyond 60/40 “Are we really at peak inflation and peak hawkishness from the Fed?” wrote Saira Malik, chief investment officer at Nuveen. “While market odds of a third consecutive 75 basis points rate hike at the Fed’s September meeting fell dramatically after today’s CPI print, we doubt the Fed will be deterred from continuing its already-aggressive tightening path based on a single CPI report.” US large caps, with a bias toward high-quality growth companies, are among Malik’s favored stocks as well as select energy names and firms increasing their dividends. Investors should look beyond the traditional 60/40 equity-fixed income portfolio, using real assets such as farmland as inflation hedges via predictable cash flows and built-in CPI escalators, she said. Advertisement 5 Article content Aussie Under Pressure The Australian dollar rose overnight post-CPI data release, but it “will likely remain a hostage to the broad USD trends and changes in the world economic outlook,” Carol Kong, strategist at Commonwealth Bank of Australia Ltd., wrote in a note. “Given rising global interest rates and high inflation, market participants are likely to further downgrade the global growth outlook which is a negative for the pro‑cyclical AUD.” “I think the downward pressure on the AUD will continue as I am still of the view that the Fed will be far more aggressive on rates than the RBA will turn out to be,” said Alex Joiner, chief economist at IFM Investors Pty. “I think volatility will continue through markets as they still struggle to price elevated inflation and a deteriorating economic outlook’ Advertisement 6 Article content Smooth Retreat Unlikely The market got a bit ahead of itself in pricing for the policy rate peaks next year, said Stephen Miller, an investment consultant at GSFM, a unit of Canada’s CI Financial Corp.  “We need to resolve just how sticky inflation is and whether the market’s benign view of that and of the Fed ends up being accurate. Any smooth retreat toward 2% in the space of three years still looks to be a big ask,” he said. Limit the Euphoria “While this means some relief for the risky Asian assets at the margin, we do think there will be potentially be more hawkish Fed speakers that continue to bring up the market pricing of Fed’s tightening cycle,” said Charu Chanana, a strategist at Saxo Capital Markets Pte in Singapore. “That could potentially limit the euphoria in Asia.” Advertisement 7 Article content Bear Rally Peak “The market could run out of positive catalysts after today’s spotlight moment, suggesting the current bear rally is also moving towards its peak,” said Hebe Chen, an analyst at IG Markets Ltd. Plus, once investor expectations settle on a 50-basis-point hike next month, “the pre-set playbook (ie, 75bps) will turn out to be an unwelcomed surprise.” Meanwhile, traders in the Australian stock market may choose “to stay conservative by the end of this week as we will welcome our job data next week, which is expected to prove that inflation will stay for long,” she said. (Updates with markets reaction in Asia in 3rd paragraph and more analysts’ comments) Share this article in your social network Share this Story: Market Surge After CPI Has Skeptics Warning It's Overdone

Vix Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Vix Rank

  • When was Vix founded?

    Vix was founded in 1999.

  • Where is Vix's headquarters?

    Vix's headquarters is located at 2121 Ponce de Leone Boulevard, Coral Gables.

  • What is Vix's latest funding round?

    Vix's latest funding round is Acquired - II.

  • How much did Vix raise?

    Vix raised a total of $99.63M.

  • Who are the investors of Vix?

    Investors of Vix include Univision Communications, Paycheck Protection Program, H.I.G. Ventures, Tudor Ventures, Cherubic Ventures and 8 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.