Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
04.14.21
Grupo Televisa, S.A.B. and Univision Holdings, Inc. announced a transaction to combine Televisa’s content and media assets with Univision to create the largest Spanish-language media company in the world: Televisa-Univision.
The combination brings together the two leading media businesses in the two largest Spanish-speaking markets in the world: Univision in the United States, the largest Spanish-language media market by value, and Televisa in Mexico, which is the most populous Spanish-language market in the world. The resulting business will hold the largest long-form library of Spanish language content in the world, a powerful portfolio of IP and global sports rights, fueled by the most prolific Spanish-language production infrastructure.
The transaction is being financed in part with a $1 billion preferred equity investment from the SoftBank Latin American Fund, Google, The Raine Group and existing Univision investor ForgeLight LLC.
A team of Pillsbury lawyers advised Televisa on regulatory matters and a separate team advised investor The Raine Group in connection with its investment. The Pillsbury team advising Raine on its investment is led by Stephen Amdur and Veronica Nunn, with Jarrod Murphy, Nora Burke and JP Cordon. The Pillsbury team advising Televisa is led by Scott Flick, with Steve Becker, Lauren Lynch Flick, Jessica Nyman and Simone Wood.