Televisa and Univision closed their historic transaction, a long-awaited merger agreement that will now create content and media in Spanish. The new company, called TelevisaUnivision, will have Bolivian businessman Marcelo Claure as Vice President of the Board of Directors.
Said union will bring together the intellectual property of the four transmission channels of Televisa, 27 pay television channels, the Videocine film studio, the Blim TV SVOD platform and the transmission networks Univision and UniMás, nine cable networks in Spanish, 59 stations TV stations, 57 radio stations and the PrendeTV AVOD platform.
In short, TelevisaUnivision now has the largest library of Spanish-language programming in the industry with approximately 300,000 hours of content. The unified company will also launch a global streaming service sometime in 2022.
Along with Angoitia, Wade Davis will lead TelevisaUnivision as CEO and Marcelo Claure will become Vice Chairman of the TelevisaUnivision Board of Directors. Board members include Emilio Azcárraga, Bernardo Gómez, Michel Combes, Gisel Ruiz, Oscar Muñoz, Maria Cristina “MC” Gonzalez Noguera, Eric Zinterhofer, and Jeff Sine.
“I am very proud to serve as Vice President of this newly created leader in Hispanic digital media!! Univision and Televisa close a merger agreement to create Behemoth content in Spanish,” Claure wrote on his social networks.