Univision And Televisa Close $4.8B Spanish-Language Media Merger

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Univision And Televisa Close $4.8B Spanish-Language Media Merger
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Mexico-based Grupo Televisa and Univision have closed their $4.8 billion merger, uniting their vast Spanish-language media and production holdings in the U.S. and Mexico. The new entity, known as T…

have closed their $4.8 billion merger, uniting their vast Spanish-language media and production holdings in the U.S. and Mexico.

Televisa’s four broadcast channels, 27 pay-TV channels, Videocine movie studio, Blim TV subscription video-on-demand service will be combined with Univision assets in the U.S. along with the Televisa trademark. On the Univision side are the Univision and UniMás broadcast networks, nine Spanish-language cable networks, 59 TV stations and 57 radio stations in major U.S. Hispanic markets, plus the PrendeTV AVOD platform.

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