Investment Summary

Hemisphere Media Group Invests In Snap Global

On November 27, 2018, Hemisphere Media Group invested in media company Snap Global

Investment Highlights
  • This is Hemisphere Media Group’s 3rd transaction in the Media sector.
  • This is Hemisphere Media Group’s 1st transaction in Argentina.

Investment Summary

Date 2018-11-27
Target Snap Global
Sector Media
Investor(s) Hemisphere Media Group
Deal Type Stake Purchase

Target

Snap Global

Buenos Aires, Argentina
Snap Global LLC is an independent distributor of content in Latin America to broadcast, pay TV and OTT platforms. Snap TV tripled MarVista's distribution business in Latin America and boosted its own distribution business by acquiring its own catalog for the region. MarVista and Snap's movies have aired in every Latin American country. Snap TV has produced original content for National Geographic and The History Channel and—together with MarVista—produced English-language TV movies for the global market.

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Investor(S) 1

Investor

Hemisphere Media Group

Coral Gables, Florida, United States

Category Company
Founded 2013
Sector Media
Revenue 151M USD (2020)
DESCRIPTION

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 6 of 6
Sector: Media M&A 3 of 3
Type: Stake Purchase M&A Deals 1 of 1
Country: Argentina M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
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

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