Deal snapshot: TelevisaUnivision to Acquire Streaming Service Pantaya from Hemisphere Media Group.

MANews-(C)2009-2022

US-based Spanish-language media and content company TelevisaUnivision, Inc has entered into an agreement with Hemisphere Media Group, Inc's (NASDAQ: HMTV) HMTV DTC, LLC indirect wholly owned subsidiary to acquire US-based streaming platform Pantaya, LLC in exchange for cash plus certain Puerto Rican radio assets including WKAQ AM and KQ105 FM currently owned by TelevisaUnivision, the company said.

Pantaya is a streaming platform in the US for...

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