M&A Deal Summary |
|
|---|---|
| Date | 2014-01-23 |
| Target | Spanish-language cable television networks - Media World |
| Sector | Communications |
| Buyer(s) | Hemisphere Media Group |
| Sellers(s) | Media World |
| Deal Type | Divestiture |
| Deal Value | 102M USD |
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| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Media |
| Revenue | 151M USD (2020) |
Hemisphere Media Group is an operator of media company targeting the high growth Hispanic TV/cable networks business. Hemisphere owns and operates: Cinelatino, the leading Spanish-language movie channel available in more than 12 million homes in the U.S., Latin America and Canada; WAPA Television, Puerto Rico's leading broadcast station with the highest primetime and full day ratings in Puerto Rico; and WAPA America, the leading cable network targeting Puerto Ricans and other Caribbean Hispanics living in the U.S., with over 5 million U.S. subscribers. Hemisphere Media Group was founded in 2013 and is based in Coral Gables, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 4 of 5 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-04 |
Cine Latino
Coral Gables, United States Cine Latino is the leading Spanish-language cable movie channel in the U.S. offering the best movies to the Spanish speaking world. The Channel is fully distributed on Spanish language tiers throughout the U.S. and is also carried in Mexico and Central and South America via major cable and satellite operators. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-01 |
Pantaya
Los Angeles, California, United States Pantaya is a premium streaming destination for world-class movies in Spanish offering the largest selection of current and classic, commercial-free blockbusters and critically-acclaimed titles from the U.S. and Latin America. Pantaya features first-run exclusive and original titles, including instant access to select movies available on the same day they debut theatrically in Latin America. Pantaya was formed in 2017 and is based in Los Angeles, California |
Buy | - |
Media World LLC focused on delivering production development, technical and production services, sports rights acquisition and management, and strategic consulting to the major players in the market.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
