Tag Archives: merger

Fox Sports Mexico to continue with its same brand name after being acquired by Grupo Lauman

After, at the end of May, the media conglomerate Grupo Lauman, chaired by businessman Manuel Arroyo, acquired Fox Sports operations in Mexico, Arroyo, CEO of the company, was interviewed by Mexican website Expansion, where he gave details about the Group’s ideas for Fox’s sports business in the country, which will keep the same name after [...]

IFT allows Grupo Lauman to acquire Fox Sport’s business in Mexico

The Instituto Federal de Telecomunicaciones (IFT), entity that regulates the telecommunications market in Mexico, has officially announced this last Tuesday, June 8th, that it has allowed the Lauman Group to acquire Fox Sports Mexico, which belonged to The Walt Disney Company. Up to now, the Group has not expressed itself on the plans it has [...]

Grupo Lauman confirms Fox Sports acquisition in Mexico

Mexican media company Grupo Lauman, chaired by businessman Manuel Arroyo and owner of the telecommunications company Comtelsat and the newspaper El Financiero, confirmed on Friday, May 21st the acquisition of Fox Sports Mexico. However, according to the information reported by El Financiero, the transaction is required to be authorized by Mexican regulators. The sale of [...]

WarnerMedia and Discovery merge and create new standalone company

AT&T and Discovery Inc. have officially announced this Monday, May 17th a definitive agreement between Discovery and WarnerMedia to create a new standalone global entertainment company, which will be led by David Zaskav, Discoverys President & CEO. The Board of Director of both AT&T and Discovery have approved the transaction, which is anticipated to close [...]

IFT denies new deadline for Disney to sell Fox Sports in Mexico and final term is today

Mexican Instituto Federal de Telecomunicaciones (IFT) has officially announced this last Thursday that it denied having granted The Walt Disney Company an additional term to sell Fox Sports operations in the country, a necessary requirement to allow the Disney-Fox merger, which took place in March 2019. Taking into account this decision, and according to what [...]

Televisa merges its media, content and production assets with Univision and plans to launch new streaming platform

Mexican Group Televisa and the US company Univision announced this Tuesday, April 13th, an agreement whereby Televisa combines its content assets with Univisión, thus creating the largest Spanish-speaking media group in the world. The new company is called Televisa-Univision, and, according to the information reported, one of its first projects will be the launch of [...]

Televisa denies a possible merger with Univision

After several informations reporting a possible merger between Grupo Televisa and Univision Communications, the Mexican firm informed through a press release that the information is wrong. As reported by Televisa, the company is aware of certain press reports about a possible operation with Univision, although it pointed out that these are not true. We are [...]

Mediapro would not acquire Fox Sports operations in Mexico

As reported in the web version of the Mexican newspaper El Universal this last Monday, March 1st, the Spanish company Mediapro would get out of the contest to acquire Fox Sports operations in Mexico, one of the requirements ordered by the Instituto Federal de Telecomunicaciones (IFT) to approve the Disney-Fox merger, which took place in [...]

IFT grants new deadline to sell Fox Sports in Mexico until December 4th

Mexican Federal Telecommunications Institute (IFT) has officially reported that it has granted a new deadline for the sale of Fox Sports Mexico, one of the requirements that the regulator had established to approve the Disney-Fox merger, officially concluded in March 2019.  Initially, the IFT had given Disney a six-months period to find a buyer for [...]

Argentine Government suggests to cancel Disney-Fox merger in the country

According to several specialized websites in Argentina, a judgment from the countrys Comision Nacional de Defensa de la Competencia (CNDC) recommended the Secretaria de Comercio to cancel the Disney-Fox merger in Argentina. The main reason is that, according to the CNDC, it is estimated that the operation may restrict or distort competition, so it advises [...]