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MEDIA (TRADITIONAL) | Television
televisiondominicana.tv

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Stage

Acquired Unit | Acquired

Valuation

$0000 

About TV Dominicana

TV Dominicana is the leading network targeting Dominicans living in the U.S., featuring the most popular news, entertainment and baseball programming from the Dominican Republic, with over 2.2 million subscribers in the U.S.

TV Dominicana Headquarter Location

7291 NW 74th Street

Miami, Florida, 33166,

United States

305-820-9046

Latest TV Dominicana News

Hemisphere Media Grabs 3 Spanish Channels for $102M

Jan 23, 2014

The deal adds Pasiones, Centroamerica TV and TV Dominicana to the buyer Tweet Hemisphere Media Group Inc. (Nasdaq: HMTV) is buying three Spanish-language cable television networks for $102.2 million. The stations include: Pasiones, a channel that broadcasts telenovelas; Centroamerica TV, which airs news, entertainment programming and soccer; and TV Dominicana, a network targeted at Dominicans living in the U.S. and broadcasting news and sports from the Dominican Republic. Media World LLC, a subsidiary of Imagina US, a content and service provider in the Hispanic media market, is selling the channels. Miami-based Hemisphere plans to improve programming, marketing and distribution to expand the channels. The buyer is making the acquisition through wholly owned subsidiary Hemisphere Media Holdings LLC. Hemisphere already owns Wapa Television, a Puerto Rico-based broadcasting station, and Cine Latino Inc., a Spanish-language movie channel. Hemisphere was created in January when InterMedia Partners LP merged its Spanish-language media properties with some of private equity firm Brener International LLC’s media holdings. Paul Weiss Rifkind Wharton & Garrison LLP served as Hemisphere’s legal counsel. Rothschild acted as Media World’s financial adviser, while Kirkland & Ellis LLP provided legal advice.  

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