Abernathy MacGregor Tom Johnson / Dana Gorman (212) 371-5999 [email protected] / [email protected], Prosek Caroline Gibson / Fiona Laffan (646) 818-9222/ (44) 20-8323-0489 [email protected] / [email protected], Investor Contact Carlos Madrazo / Santiago Casado (52 55) 5261 2438 / (52 55) 5261 2445 [email protected] / [email protected], Media Contacts Rubén Acosta / Teresa Villa (52 55) 5224-6420 / (52 55) 4438-1205 [email protected] / [email protected], Rubenstein Charles Zehren / Eric Kuo (212) 843-8590 / (212) 843-8494 [email protected] / [email protected], Investor Contact Jon Stranske (212) 455-5977 [email protected], Media Contact Rosemary Mercedes / Bobby Amirshahi (212) 455-5335 / (646) 560-4902 [email protected] / [email protected], Sard Verbinnen & Co Stephanie Pillersdorf / Danya Al-Qattan (212) 687-8080 [email protected] / [email protected]. The transaction, which is subject to customary closing conditions, including receipt of regulatory approvals, is expected to close later this year.
Univision has performed strongly and consistently, with recent highlights including: Televisa has been a key strategic partner to Univision for decades.
Univision's leadership and connection with one of the most important audiences in the U.S. today creates an amazing platform to drive innovation, build market-defining content and create an even deeper relationship with its audience. The agreement, which is one of Univision's most strategic assets, provides the company exclusive access to the largest Spanish-language video library in the world. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, plus 89 affiliates, a live event series and a robust digital audio footprint. The combination of Searchlight's experience as a long-term investor in the media and communications sectors, Davis' experience managing the growth and transformation of large-scale media enterprises, and Televisa's continued support as a leading producer of Spanish-language content, creates the opportunity for Univision to enter a new era of growth and innovation. Univision is an outstanding media organization that will now be even better positioned to pursue its path forward towards innovation and growth. The strong support of Televisa, a premier content producer in the Spanish speaking world, and Wade Davis, a proven executive in areas which include advanced advertising and digital distribution, further enhances our confidence in Univision's bright future. They are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction. They are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction,” said Davis in a prepared statement. I want to thank our talented employees for their hard work and dedication—I'm so proud of everything we have accomplished that has led us to this great outcome.