Televisa, Univision to Merge, Forming Spanish-Language Media Powerhouse
The two companies announce a plan to combine media, production and content assets.
Mexico's Televisa and Univision are set to combine media, production and content into a new company to be called Televisa-Univision, the two announced Tuesday. Univision will pay about $4.8 billion for Televisa's content assets.
The merger will be partly financed by $1 billion of new Series C preferred equity investment led by SoftBank's Latin American Fund, along with current Univision investor ForgeLight LLC, Google and The Raine Group; and $2.1 billion of debt commitments arranged by J.P. Morgan.
The merger would create the largest Spanish-language media company in the world.
https://www.hollywoodreporter.com/news/televisa-univision-to-merge-forming-spanish-language-media-powerhouse