Source prnewswire
TelevisaUnivision and Charter Communications Announce Strategic Renewal, Expanding Distribution of Linear Networks with the Launch of New Streaming Offering
Charter Communications, Inc. and TelevisaUnivision, Inc.. (NASDAQ: CHTR) announced today the extension and expansion of their partnership with each other for a multi-year period. Spectrum customers will be able to continue to access the most popular Spanish-language news, sports, and entertainment programming in the country through this agreement. Spectrum's modern deal framework is designed to increase its capacity to serve the massive U.S. market in a more efficient manner. An unprecedented amount of Spanish-language content is now available to a significantly larger Hispanic audience. In order to take advantage of this arrangement, TelevisaUnivision will create a new ad-supported premium subscription version of ViX, which is expected to launch later in the year. There will be no additional cost to Spectrum customers who receive TelevisaUnivision channels as part of their Spectrum TV Select or Mi Plan Latino packages as part of this service There will be no additional cost to Spectrum customers who receive TelevisaUnivision channels as part of their Spectrum TV Select or Mi Plan Latino packages as part of this serviceAs part of ViX's Premium with Ads service, viewers will be able to access all of ViX Premium content with a moderate amount of advertising, including exclusive original series, novelas, comedies, movies, tens of thousands of live exclusive soccer matches, and tens of thousands of hours of library content.. The combination of ViX's premium streaming programming with TelevisaUnivision's market-leading linear channels will result in Spectrum customers being able to choose from an unmatched Spanish-language content offering available to them at no additional cost The combination of ViX's premium streaming programming with TelevisaUnivision's market-leading linear channels will result in Spectrum customers being able to choose from an unmatched Spanish-language content offering available to them at no additional costIn addition to giving Spectrum customers access to the upcoming ad-supported premium version of ViX, Charter's flexibility to offer its video customers high-value linear television and over-the-top packages is enhanced through the agreement. As part of a new, innovative, low-cost Spanish-language internet-delivered video package Spectrum will launch in the coming months, TelevisaUnivision's U.S. channels will be an integral part of this launch.In order to ensure TelevisaUnivision's leading content remains available to viewers for years to come, we are pleased to enter into an innovative deal with Charter which underscores a shared commitment to a growing Hispanic market, prioritizes their needs and interests, and makes sure TelevisaUnivision's leading content is available to viewers for years to come," said Mike Angus, Executive Vice President, Global Distribution and Streaming Partnerships at TelevisaUnivision.. By continuing to invest in both the linear and streaming platforms in order to create a complementary ecosystem of Spanish-language content in a complementary way, this deal demonstrates the value we can deliver to our partners and consumers" By continuing to invest in both the linear and streaming platforms in order to create a complementary ecosystem of Spanish-language content in a complementary way, this deal demonstrates the value we can deliver to our partners and consumers"The new distribution framework from TelevisaUnivision is a significant step forward for the video ecosystem, and we are most grateful for TelevisaUnivision's willingness to support our new process, which is good for customers and a significant step forward for the video ecosystem," said Tom Montemagno, Executive Vice President, Programming Acquisition at Charter Communications.. As a result of this agreement, our customers will continue to be able to enjoy TelevisaUnivision's extensive Spanish-language programming, including entertainment and live sports, across multiple platforms.. By providing streaming apps as part of Spectrum's service offerings, we are furthering the company's goal of providing value to customers By providing streaming apps as part of Spectrum's service offerings, we are furthering the company's goal of providing value to customersCustomers with Spectrum will have access to all of TelevisaUnivision's networks, including Univision, UniMás, Galavisión, TL Novelas, TUDN, FOROtv, Bandamax, De Película, De Película Clasico, Telehit and Telehit Música.The TelevisaUnivision group of companies is one of the world's leading Spanish-language media companies. In the news, sports, and entertainment verticals, TelevisaUnivision is the most prolific producer of original content in Spanish across news, sports, and entertainment through the largest library of owned Spanish-language content as well as its prolific production capabilities. It is this original content that powers all of TelevisaUnivision's platforms, including the leading broadcast networks Univision, Las Estrellas, Canal 5 and UniMás, as well as a portfolio of 38 cable networks, including TUDN, Galavisión, Distrito Comedia and TL Novelas.. Also, the company owns and operates one of the largest Spanish-language audio platforms in the US, as well as the leading Mexican movie studio, Videocine. The Uforia digital platform is available across 35 terrestrial stations. As part of TelevisaUnivision, ViX, the world's largest Spanish-language streaming platform, is also owned by TelevisaUnivision. Visit televisaunivision.com for more information about the channel.Visit www.comVisit www.comWith its Spectrum brand, Charter Communications, Inc. (NASDAQ:CHTR) serves more than 32 million customers in 41 states via its broadband connectivity and cable services. Through its advanced communications network, Spectrum Communications offers a wide range of high-quality residential and business services, including Spectrum Internet®, Television, Mobile and Voice, all provided through a state-of-the-art communications network.As a solution for small and medium-sized businesses, Spectrum Business® offers the same broadband products and services as Spectrum Enterprise® along with special features and applications that enhance productivity, while Spectrum Enterprise® offers highly customized, fiber-based solutions to larger businesses and government agencies.. Taking advantage of the modern media landscape, Spectrum Reach® provides tailored advertising and production services. Furthermore, Spectrum Networks is also a leading provider of award-winning news coverage and sports programming to its customers. The corporate website of Charter can be accessed for more information about the company.Objects and vision.I agree to.I agree to.Charter Communications, Inc. is the source of this information.As part of Charter Communications, Inc.'s advertising sales business, Spectrum Reach, a division of Charter Communications, Inc., has announced it will offer 250 underserved small business owners...The Charter Communications, Inc. today announced that it is committing to award $2.5 million over the next five years to local nonprofit organizations through Spectrum...
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