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Missing: Univision Communications's Product & Differentiators
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Expert Collections containing Univision Communications
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Univision Communications is included in 1 Expert Collection, including Conference Exhibitors.
Latest Univision Communications News
Feb 2, 2022
The stock price of Grupo Televisa SAB (NYSE: TV) increased by 1.86% in the most recent trading session. This is why it happened. The stock price of Grupo Televisa SAB (NYSE: TV) increased by 1.86% in the most recent trading session. Investors are responding positively to an announcement from the company. Grupo Televisa and Univision Holdings II, Inc. (together with its wholly-owned subsidiary, Univision Communications) announced the completion of the transaction between Televisa’s media content and production assets and Univision. This new company — which is named TelevisaUnivision — creates the world’s leading Spanish-language media and content company. TelevisaUnivision will produce and deliver premium content for its own platforms and for others, while also providing innovative solutions for advertisers and distributors globally. The deal brings together the most compelling content and intellectual property with the most comprehensive media platforms in the 2 largest Spanish-speaking markets in the world. And Televisa’s 4 broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service, and the Televisa trademark, will be combined with Univision’s assets in the U.S., which include the Univision and UniMás 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. Together, TelevisaUnivision owns the largest library of Spanish-language content and intellectual property in the world and the most prolific long-form Spanish-language content engine in the industry. And as a result of the combination, TelevisaUnivision reaches over 60% of the respective TV audiences in both the U.S. and Mexico. Across TV, digital, streaming, and audio, the Company reaches over 100 million Spanish speakers every day, holding leading positions in both markets. Since announcing the deal on April 13, 2021, Univision and Televisa have each transformed their core businesses in anticipation of the integration and are delivering the highest levels of financial and audience growth either company has experienced in years. The long-standing partnership between the 2 businesses has allowed for improved content and business coordination that will accelerate the integration. And these efforts uniquely position TelevisaUnivision to begin executing immediately on a combined strategy and capture the tremendous opportunity presented by the global Spanish-speaking population of nearly 600 million, which represents an aggregate GDP of approximately $7 trillion. The companies have strategically assembled a senior management team of leaders for the global operation, combining great professionals from Televisa and Univision, as well as bringing in top talent from leading media and technology companies. Plus 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 U.S., which has served as a powerful pilot for the upcoming streaming launch. As a result of these strategic efforts, both companies experienced above-market advertising revenue growth. And Univision’s advertising revenue through the first 9 months of 2021 increased by 32.6%, returning significantly beyond 2019 levels, while Televisa’s advertising revenue for the same period increased by 24% year-over-year. Univision’s portfolio of television networks, consisting of Univision, UniMás, Galavision, and TUDN, delivered 62% of the primetime viewing on Spanish-language television in the U.S. among adults 18-49, up from 58% compared to 2020, and marked the highest audience share since 2014. And Televisa’s content performance and audience delivery in Mexico were equally as impressive. The top 20 programs on broadcast television in Mexico were produced and transmitted by Televisa. And Televisa’s top 3 programs during 2021 had audiences between 63% and 73% higher than the top-rated program of its closest competitor. Throughout the week, Televisa’s audiences were 91% higher than those of the second-largest broadcaster, while audiences at its flagship network Las Estrellas were 154% higher than those of its closest competitor. Televisa transmitted eight out of the 10 soccer matches with the highest audiences in Mexico during 2021. TelevisaUnivision remains on track to launch its previously announced unified global streaming service later this year, which will include both a free and a premium subscription tier. And 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, children’s and educational programs, sports, special events, and trusted news programming. Creative partnerships with Eugenio Derbez, Selena Gomez, Maria Dueñas, Mario Vargas Llosa, and Santiago Limón were among the first announced and will drive what will be a compelling and first-of-its-kind offering. Wade Davis is going to lead TelevisaUnivision as CEO. And Alfonso de Angoitia will serve as Executive Chairman of the TelevisaUnivision Board and Marcelo Claure will become Vice Chairman of the Board. The TelevisaUnivision Board will also be comprised of Emilio Azcárraga, Bernardo Gómez, Michel Combes, Gisel Ruiz, Oscar Muñoz, Maria Cristina “MC” Gonzalez Noguera, Eric Zinterhofer and Jeff Sine. In addition, Televisa retains the right to appoint 2 additional directors. The content production and operations in Mexico will be led by Bernardo Gómez and Alfonso de Angoitia, Co-Chief Executive Officers of TelevisaUnivision Mexico, who also remain co-Chief Executive Officers of Grupo Televisa. Grupo Televisa’s news operations in Mexico will become part of a new, independent company dedicated to producing news for TelevisaUnivision’s networks in Mexico, and will be led by Emilio Azcárraga, Executive Chairman of the Grupo Televisa Board of Directors. The company’s new investors include SoftBank Latin America Fund, Google, and The Raine Group. KEY QUOTES: “The close of our transaction marks a historic moment for our company and our industry. We are combining two iconic and market-leading companies that have a rich, shared history and an incredible portfolio of assets. This combination will create a business without comparison in the global media landscape. Over the past year, both companies have transformed themselves, reaching levels of financial performance and audience resonance that has not been seen for years. The power and momentum of the transformed core business is truly unique and will be a springboard for the upcoming launch of the preeminent Spanish-language streaming service. 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.” — TelevisaUnivision CEO Wade Davis “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. With our attractive financial profile and history of innovation, TelevisaUnivision is ready to revolutionize the industry by delivering the most comprehensive Spanish-language content offering to audiences around the world.” — Alfonso de Angoitia, Executive Chairman of the TelevisaUnivision Board of Directors Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
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Univision Communications Frequently Asked Questions (FAQ)
When was Univision Communications founded?
Univision Communications was founded in 1992.
Where is Univision Communications's headquarters?
Univision Communications's headquarters is located at 605 Third Avenue, New York.
What is Univision Communications's latest funding round?
Univision Communications's latest funding round is Acq - Fin.
Who are the investors of Univision Communications?
Investors of Univision Communications include Searchlight Capital Partners, ForgeLight, Providence Equity Partners, Madison Dearborn Partners, AlpInvest Partners and 7 more.
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