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Univision and Televisa Set Merger Deal to Create Spanish-Language Content Powerhouse

14.04.2021 - 02:09

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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. The new company will be led by Univision CEO Wade Davis, who headed the investor group that acquired Univision in early 2020.“This transformative combination brings together the leading network serving U.S.

Spanish-language audiences with the leading media platform in Mexico powered by the most powerful Spanish-language content engine in.

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