Univision and Televisa, two top Hispanic media companies, are teaming up to bring a Univision-branded linear channel to 17 Latin American markets in the coming weeks. The ad-supported, 24-hour pay-…
launch, Univision faces an uncertain road ahead. Last July, it confirmed it had begun formally exploring strategic options, including a potential sale, with private equity stakeholders growing restless nearly 13 years after taking part in the $13.7 billion privatization of the company. On the company’s most recent earnings call with analysts last November, CEO Vincent Sadusky said he had no updates to provide on the strategic review.
In their announcement of the new network plan, Univision and Televisa said it will feature a blend of titles from Univision Studios and Televisa. The roster includes morning show “Despierta América” , entertainment magazine “El Gordo y La Flaca” , news magazine “Primer Impacto” and more.
“For decades, the Univision brand has been synonymous with outstanding programming that entertains, informs and empowers Hispanics in the U.S. – and part of that has been by telling stories about the people and stories that they care about from Latin America,” said Glenn Dryfoos, EVP and general counsel for Univision Networks. “We couldn’t be more excited to be introducing Univision to new audiences in these 17 countries that are closely connected through culture, history and family.
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