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New Deal


Announced

Completed

Discovery completed the acquisition of Latin American Golf from Simple Networks and Fornaluz Productions.

Synopsis

Discovery, an American multinational mass media company, completed the acquisition of Latin American Golf, which operates Golf Channel Latin America, a 24-hour pay-tv channel and the region’s digital destination for golf, from Simple Networks, a telecommunications company, and Fornaluz Productions, an affiliate of Inversiones Bahia. Financial terms were not disclosed. “Combining the forces of leading golf destinations such as Golf Channel Latin America, GOLFTV and Golf Digest, in addition to Discovery’s extensive brand portfolio and reach, will create an engine for golf content that offers significant opportunities to build scale across every platform,” Alex Kaplan, Discovery Golf President and General Manager.

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