Televisa, Univision to Merge, Forming Spanish-Language Media Powerhouse

Spanish-language media giant Univision Communications, which recently unveiled a $4.8 billion deal to combine media, production and content assets with Mexico's Televisa, has unveiled financial metrics and preliminary first quarter results as it considers potential financing transactions and market opportunities.

Ethan Shanfeld BondIt Media Capital has increased its credit facility with Revere Capital by up to $70 million.Founded in 2013, BondIt has posited over $150 million of capital into over 325 film, TV and other media projects.

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SAG-AFTRA has launched a Spanish-language version of its website as part of a broader organizational effort to increase engagement with its thousands of Spanish-speaking members. The new website is also designed to support the union’s organizing efforts in the growing Spanish-language market.

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Cynthia Littleton Business EditorThe union of Mexico’s Televisa and Univision has been considered by both sides for decades.

Newly unveiled Televisa-Univision is heading worldwide to beat out Spanish-language pay TV rivals in what top executives see as a largely untapped global market beyond the U.S. and Mexico.

Televisa and Univision executives said a new global OTT service to launch early next year will roll up their current streaming offerings — including Prende TV, Vix and Blim — and that its content won’t overlap with Univision’s linear networks.

Christina Aguilera has revealed that she is working on two new albums - an English language record and a Spanish one.

Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant.

Cynthia Littleton Business EditorUnivision and Televisa have come to terms on a merger agreement, a long-awaited deal that will create a Spanish-language TV giant with broad reach in Mexico and the U.S.The deal calls for Televisa to contribute its media, content and production assets and a handful of networks to a new entity to be known as Televisa-Univision. Televisa’s assets are valued at $4.8 billion.