EconomyFinancialTelevisaUnivisión agree to purchase the streaming platform Pantaya

TelevisaUnivisión agree to purchase the streaming platform Pantaya

The company TelevisaUnivision signed an agreement with Hemisphere Media Group to acquire Pantaya, a streaming platform for movies and series in Spanish, which includes radio assets in Puerto Rico.

The company anticipates that the transaction, of which the amount was not disclosed, will be completed in the second half of this year, once the conditions and regulatory approvals in the United States are proven.

According to a statement from the company, which arose from the merger between Televisa and Univisión, Pantaya will accelerate the transformation of the Vix+ streaming platform, the premium version of TelevisaUnivision.

Pantaya offers a vast selection of current and classic titles, from the United States and Latin America, such as ‘Señorita 89’ and ‘A la mala’.

“We are excited to welcome the Pantaya team and their current subscribers, and to have access to their thousands of hours of content that perfectly complement Pantaya’s long-form content generator, industry-leading video library and extensive property portfolio. intellectual and sports rights of TelevisaUnivision”, said Pierluigi Gazzolo, president and director of transformation of the company.

In April, the free platform ViX came into operation, which has the content of the streaming platforms that Televisa and Univisión already have in the United States, Mexico and Latin America, such as Blim Tv or Prende TV.

In the second half of 2022, ViX+ will enter the market, access to which will require the payment of a subscription, but unlike the free version it will have exclusive content created by producers with Disney experience, in addition to Ventanarosa, owned by actress Salma Hayek .

Thanks to the podcasts! Spotify reported 456 million monthly active users

The streaming company grew 20% and reached 195 million subscribers, however the company's shares fell.

LAST MINUTE: Netflix with ads arrives in Mexico in November

The launch will cover 12 countries in its initial plan, including Mexico.

YouTube is testing don't watch these videos unless you pay

After several reports from users who had not been able to access this quality of content, the company indicated that it is testing its Premium subscription.

Streamers? Queen Elizabeth's funeral breaks audience record

The royal family generates interest around the world; The list of events with historical audience figures also includes Meghan and Harry's wedding and Lady Di's funeral.

AT&T and Discovery will pay a fine established by Cofece to speed up their...

The antitrust entity imposed a fine of 51,573,920 pesos on both companies and gave them a period of 30 days to pay the sum.