TelevisaUnivision completes acquisition of streaming service Pantaya

TelevisaUnivision announced the completion of its acquisition of Pantaya, a premium streaming service for series and movies in Spanish offering an extensive US and Latin American selection of classic and current blockbusters as well as critically acclaimed titles. Pantaya also features exclusives and original titles, including special access to select movies available on the same day or shortly after they debut theatrically in Latin America.

With the addition of Pantaya’s premium library, subscribers, and team, TelevisaUnivision’s streaming services ViX and ViX+ will elevate their offering to further connect with the nearly 600 million Spanish-speakers in the world and become the single destination for Spanish-language entertainment in a wide variety of genres, including original series and movies, as well as sports and news content.

“The strategic acquisition of Pantaya marks an important milestone in our ongoing digital transformation, bringing together highly complementary streaming assets and building upon TelevisaUnivision’s global streaming services, ViX and ViX+. We are excited to welcome the Pantaya team, its content, and its subscribers to our platform, and look forward to working together to provide our audience with an even greater variety of content, as we accelerate our efforts to redefine the global streaming landscape and solidify ViX and ViX+’s position as the largest Spanish-language streamer in the world,”  said Pierluigi Gazzolo, President and Chief Transformation Officer of TelevisaUnivision.

Meanwhile, Alan Sokol, President and Chief Executive Officer of Hemisphere, the owner of Pantaya, added: “We are grateful for the tremendous work performed by the Pantaya team, which has made it the leading subscription streaming service for US Hispanics. The addition of Pantaya to ViX+ will now create the most comprehensive selection of Spanish-language content targeted to this expansive audience.”