Tag Archives: sale

Hemisphere Media Group explores a possible sale

US media conglomerate Hemisphere Media Group, focused on Spanish-speaking audiences and owner of several TV and streaming products available in Latin America, is exploring options that include a potential sale. The information was reported by Reuters this last Thursday, July 22nd, who quoted people familiar with the matter. News are coming after several agreements that [...]

Crunchyroll’s acquisition by Sony could be delayed due to monopoly risk in the anime market

As reported by the specialized website The Information and others, the acquisition of the Crunchyroll platform, focused on anime content, by Sony, officially announced in December 2020, could be delayed. Crunchyroll’s deal to sell to Sony is valued at USD 1.175 million in cash. According to the information reported, the US Department of Justice will [...]

Disney gets a new deadline to sell Fox Sports in Mexico and Mediapro emerges as a possible buyer

As reported by several specialized websites in Mexico, the country’s Instituto Federal de Telecomunicaciones (IFT) granted a new deadline to The Walt Disney Company for it to sell  Fox Sports in Mexico, one of the conditions that the Mexican regulator had ordered when it authorized the Disney-Fox merger, officially concluded in March 2019. At first, [...]

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 [...]

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

Mexican Federal Telecommunications Institute (IFT) officially reported last Monday that it had granted a new deadline for the sale of Fox Sports México, 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 [...]

Quibi explores a possible sale a few months after its launch

As officially reported by The Wall Street Journal this last Monday, September 21st, according to sources close to Quibi, three possible stages for the new platform, recently launched, are being evaluated. The main reason focuses on the poor results that it has been recording since its launch, to which Jeffrey Katzenberg, Co-founder, attributed the Coronavirus [...]

Telefonica sells its Panamanian operations to Cable Onda

Once the relevant regulatory approvals have been obtained, Telefonica Centroamerica Inversiones S.L. announced it has sold the entire Telefonica Moviles Panama S.A. shares capital to Cable Onda S.A., Millicom International Cellulars subsidiary, for USD 594 million.  According to what the company officially reported, after closing this operation, Telefonica has completed the sale of three of [...]

Univision contemplates options for a possible sale

Univision Communications indicated today that its board of directors is analyzing strategic options against rumors that indicated a possible sale. The origin of the versions corresponds to an article in The Wall Street Journal, which noted that the company hired Morgan Stanley, Moelis & Company and investment bank LionTree to explore options. Univision warned that [...]