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New Deal


Announced

TelevisaUnivision to acquire Pantaya from Hemisphere.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Cross Border

Friendly

Acquisition

Pending

Majority

Entertainment

video on demand

hispanic tv

United States

Private

Synopsis

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TelevisaUnivision, an operator of cable television channels, agreed to acquire Pantaya, an operator of Spanish entertainment and film platform, from Hemisphere, a Spanish-language media company. Financial terms were not disclosed. "The acquisition of Pantaya's digital assets, including renowned titles like 'Señorita 89' and 'A La Mala', is an exciting opportunity to build upon our strategic growth plan as we continue to redefine the global streaming landscape. We look forward to welcoming the Pantaya team, the existing subscribers and having access to the content assets which perfectly complement TelevisaUnivision's industry-leading library," Pierluigi Gazzolo, TelevisaUnivision President and Chief Transformation Officer.

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