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M&A Deal Summary

Paramount Acquires Fox TeleColombia

On October 28, 2021, Paramount acquired media company Fox TeleColombia from Walt Disney

Acquisition Highlights
  • This is Paramount’s 9th transaction in the Media sector.
  • This is Paramount’s 1st transaction in Colombia.

M&A Deal Summary
Date 2021-10-28
Target Fox TeleColombia
Sector Media
Buyer(s) Paramount
Sellers(s) Walt Disney
Deal Type Divestiture

Target

Fox TeleColombia

Bogotá, Colombia
Fox TeleColombia is a provider of Branded content, spots, social videos, corporate videos, documentaries, television formats, and content for online platforms. Fox TeleColombia is based in Bogotá, Colombia.

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Buyer(S) 1

Buyer

Paramount

New York, New York, United States
Category Company
Founded 1986
Sector Media
Employees21,900
Revenue 29.7B USD (2023)
DESCRIPTION

Paramount is an international media company that delivers premium content to audiences across traditional and emerging platforms worldwide. Its business segments include Entertainment, Cable Networks, Publishing, and Local Broadcasting. Paramount was founded in 1986 and is based in New York City.

DEAL STATS #
Overall 12 of 12
Sector (Media) 9 of 9
Type (Divestiture) 3 of 3
Country (Colombia) 1 of 1
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 Estudios TeleMexico

San Pedro Garza García, Mexico

Estudios TeleMéxico engages in the design and execution of fiction, documentary, reality, sports, and new media products, to make each product a unique experience. Estudios TeleMexico was founded in 2014 and is based in San Pedro Garza García, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-07 Simon & Schuster

New York, New York, United States

Simon & Schuster is a publisher and distributor, and seller of books in print, digital, and audio formats. Simon & Schuster was founded in 1924 and is based in New York City.

Sell $1.6B

Seller(S) 1

SELLER

Walt Disney

Burbank, California, United States
Category Company
Founded 1923
Sector Media
Employees173,250
Revenue 88.9B USD (2023)
DESCRIPTION
Entrance to The Walt Disney Company's headquarters in Burbank, California.
Entrance to The Walt Disney Company's headquarters in Burbank, California.

Walt Disney is a diversified worldwide entertainment company. Walt Disney operates in five business segments. These include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations, domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations. Walt Disney was founded in 1923 and is based in Burbank, California.

DEAL STATS #
Overall 8 of 8
Sector (Media) 5 of 5
Type (Divestiture) 8 of 8
Country (Colombia) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 Estudios TeleMexico

San Pedro Garza García, Mexico

Estudios TeleMéxico engages in the design and execution of fiction, documentary, reality, sports, and new media products, to make each product a unique experience. Estudios TeleMexico was founded in 2014 and is based in San Pedro Garza García, Mexico.

Sell -
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