Tag Archives: Hemisphere Media Group

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 [...]

Hemisphere Media Group acquires 100% of SVOD OTT Pantaya

US-based Hemisphere Media Group announced it has acquired the remaining 75% of SVOD OTT Pantaya, aimed at Hispanic audiences in the US, that it did not already own from Lionsgate. According to the information reported, the transaction was made for about USD 124 million in cash. In a very short period of time, Pantaya has [...]

Colombian Canal 1 concession is extended until 2037

The US company Hemisphere Media Group announced Colombian FTA TV channel Canal 1 has extended its concession license for 10 years, without an additional payment required. The measure means that the channels concession will expire on April 30th, 2037, and it can be renewed for an additional 20-year period.   In just two years, Canal 1 [...]