Fox Corporation acquired Caliente TV in Mexico

Fox Corporation acquired Caliente TV, a leading sports broadcasting platform in Mexico. Carlos Martinez, a longtime industry executive, has been appointed Executive Vice President and Managing Director, Latin America, at Fox Corporation, responsible for overseeing the overall FOX broadcast strategy in Latin America and the transition of Caliente TV in Mexico, as well as the channel’s launch in Central America. With over three decades of experience in the Latin American broadcast industry, including executive roles at companies such as Turner, Discovery, and FOX, Carlos Martinez will oversee the operations and strategy of the new FOX platforms in Mexico and Central America, which are expected to employ over 350 people, both directly and indirectly.

With this acquisition, FOX will develop a multi-platform business that includes the launch of a new Pay TV channel and an SVOD platform, joining the existing AVOD platform, Tubi, which produces and distributes more than 3,000 hours of original Sports content. “FOX’s investment to acquire Caliente TV reflects our commitment to building a leading sports streaming business in Mexico with massive audience reach, a robust sports rights portfolio, and an impressive roster of exclusive sports leagues and talent,” said Martinez.

Additionally, FOX will now hold a broad portfolio of premium broadcast rights to deploy across its owned and operated platforms, including six Liga MX Men’s Clubs, with Club Leon, Club Pachuca, Club Tijuana, Club Queretaro, Club Tigres UANL and Club Juarez; and ten Liga MX Women’s Clubs, including Club Guadalajara, Club Leon, Club Pachuca, Club Tijuana, Club Juarez, Club Queretaro, Club Atlas, Club Santos, Club Puebla and Club Mazatlán. Moreover, FOX now owns the rights for the CONCACAF Champions Cup (Copa de Campeones de la CONCACAF), featuring the top football clubs from North and Central America, including Liga MX and MLS. 

The company will also own the rights for compatitions like Premier League and the FA Cup, UEFA Champions League, Ligue 1 France, Coppa Italia, The United Football League (UFL), Big Ten Conference, the premier college athletics conference in the U.S. featuring American football, basketball, and a variety of other athletic events from top U.S. universities; World Enduro Championship (WEC), NASCAR Mexico Series and Other Motorsports International Rights.