Who owns telemundo and univision

The two companies will then create Televisa-Univision, which they say will be the largest player in Spanish-speaking media. While it has faced stiffer competition in recent years from rival Telemundo, Univision has been the longtime leader in U. Hispanic media. Televisa is the established No. Televisa produced 86, hours of programming in across all genres and categories. Meg James is a corporate media reporter for the Los Angeles Times, covering the business of television and digital disruption in the entertainment industry.

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B2B Publishing. Business Visionaries. Hot Property. Times Events. When it comes to reaching the US Hispanic market, advertisers have two especially robust options to choose from in Univision and Telemundo. Even so, both companies are introducing ways to make it easier to work with them. She also noted that Telemundo is the first Spanish-language broadcaster to offer picture-in-picture shoppable TV.

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Brand purpose. Brand safety. Last year it produced some 86, hours entertainment, news, sports and unscripted shows. The union with Univision allows the two to combine forces to launch a Spanish-language streaming service to serve the U. We are confident that this strategic transaction will maximize the potential of our Content segment, while allowing us to strengthen our balance sheet and focus on growth opportunities at our Telecom business. Outside of the Televisa-Univision umbrella, Televisa will retain ownership of izzi Telecom, Sky and other businesses and the real estate associated with the production facilities, the broadcasting licenses and transmission infrastructure in Mexico.

Televisa is such an institution in Mexico that the deal came with some obligations by the broadcaster to preserve the Mexican operation of its news content. Televisa has been an equity and content partner of Univision for more than 40 years. Univision once was the undisputed leader of of Spanish-language TV in the U.

But over the past decade NBCUniversal-owned Telemundo came on strong with resources for high-profile programming such as World Cup and Olympics rights. Telemundo also was early to experiment with U. Univision, on the other hand, relied for years on the success of novelas produced for the Mexican market by Televisa. Much of those savings come from producing content in Mexico.