Univisión y Televisa announced merger; compete against streaming

A technician holds a microphone of the Mexican broadcaster Televisa before a football match at the Universitario Stadium in San Nicolas de los Garza, on the outskirts of Monterrey, Mexico, 3 May 2018. Photo taken on 3 May 2018. REUTERS / Daniel Becerril

A technician holds a microphone from Mexican broadcaster Televisa before a football match at the Universitario Stadium in San Nicolas de los Garza, on the outskirts of Monterrey, Mexico, May 3, 2018. Photo taken on May 3, 2018. REUTERS / Daniel Becerril

Univisión y Televisa Holdings will announce this March the merger of television sets with the objective of Compete against the main streaming platforms which are positioned in the Mexican and global market.

The creation of the company is in accordance with Television, which will be the majority society with a 45% of the actions, together with Univision, Google, SoftBank, ForgeLight.

The objective of the new company, called “Televisa-Univision”, explained, will be “its digital transformation to conquer the market of” streaming “in Spanish, For this purpose, we will launch a platform with a market of 600 million people that Hablan is idiom, of the 128 million people are Mexican and 61 million are Hispanics living in the United States. “

Because it will have a world-wide large-format content library, a solid portfolio of intellectual property, as well as global deportation rights, powered by the most prolific infrastructure in Spanish production.

Además, Grupo Televisa aportará the content of its channels of tv abierta, 27 pay TV channels, sus TV studios, cinema, the contents of Videocine and its video service on demand Blim, its content library and audiovisual production capacity.

For its part, Univision summarizes both its content and television studies.

The new company, called Televisa-Univision, in summary includes contents of both cadences, such as series, movies, sports, telenovelas and archive contents, but does not include the part of notices, aseguraron.

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