StageAcquired Unit | Acquired
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.
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Latest TV Dominicana News
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 LLCs media holdings. Paul Weiss Rifkind Wharton & Garrison LLP served as Hemispheres legal counsel. Rothschild acted as Media Worlds financial adviser, while Kirkland & Ellis LLP provided legal advice.
TV Dominicana Frequently Asked Questions (FAQ)
Where is TV Dominicana's headquarters?
TV Dominicana's headquarters is located at 7291 NW 74th Street, Miami.
What is TV Dominicana's latest funding round?
TV Dominicana's latest funding round is Acquired Unit.
Who are the investors of TV Dominicana?
Investors of TV Dominicana include Hemisphere Media Group.
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