TelevisaUnivision buys US streaming service

TelevisaUnivision buys US streaming service

M&A Mexico United States Capital Markets Asset Management Telecoms

TelevisaUnivision, the result of a merger this year between Mexican mass media company Televisa and US counterpart Univision, has agreed to buy Spanish-language streaming service Pantaya from US media company Hemisphere Media Group for an undisclosed amount. TelevisaUnivision acquired Pantaya "in exchange for cash plus certain Puerto Rican radio assets, including WKAQ AM and KQ105 FM," it said in a statement on Monday. It added that it will incorporate Pantaya into the Vix+ streaming service, wh

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