New ViX Ad-Supported Premium Offering Added to
Spectrum TV Experience
TelevisaUnivision's U.S. Networks to be
Included in New Spectrum Spanish-Language Streaming Product
MIAMI and STAMFORD,
Conn., Jan. 22, 2024 /PRNewswire/ --
TelevisaUnivision and Charter Communications, Inc. (NASDAQ: CHTR)
today announced a multi-year agreement to extend and expand their
partnership. This agreement provides Spectrum customers with
continued access to the most-watched Spanish-language news, sports
and entertainment programming in the country. The modern deal
framework is designed to enhance Spectrum's ability to serve the
massive U.S. Hispanic audience with expanded access to an
unprecedented amount of Spanish-language content. As part of the
arrangement, TelevisaUnivision will create a new ad-supported
premium subscription version of ViX, set to launch later this year.
It will be available at no additional cost to Spectrum customers
who receive TelevisaUnivision channels as part of their Spectrum TV
Select or Mi Plan Latino
packages.
ViX's "Premium with Ads" offering will give viewers access to
the entire ViX Premium content offering, including exclusive
original series, novelas, comedies, movies, thousands of live
exclusive soccer matches and tens of thousands of hours of library
content with a moderate advertising load. The combination of ViX's
premium streaming programming with TelevisaUnivision's market
leading linear channels will create an unmatched Spanish-language
content offering available to Spectrum customers at no incremental
cost.
In addition to giving Spectrum customers access to the
forthcoming ad-supported premium version of ViX, the agreement
enhances Charter's flexibility to offer its video customers
high-value linear and over-the-top TV packages. TelevisaUnivision's
U.S. channels will be included as an integral launch partner in a
new, innovative, low-cost Spanish-language internet-delivered video
package that Spectrum will launch in the coming months.
"We're pleased to enter into an innovative deal with Charter
that underscores a shared commitment to the growing Hispanic market
and prioritizes their needs and interests,
ensuring TelevisaUnivision's leading content remains available
to viewers for years to come," said Mike Angus, Executive Vice
President, Global Distribution and Streaming Partnerships at
TelevisaUnivision. "This deal demonstrates the value we can deliver
to our partners and consumers by continuing to invest in both the
linear and streaming platforms to create a complementary
Spanish-language content ecosystem."
"We appreciate TelevisaUnivision's willingness to fully
support our new distribution framework, which is good for customers
and a significant step forward for the video ecosystem," said
Tom Montemagno, Executive Vice
President, Programming Acquisition for Charter. "With this
agreement, our customers will continue to enjoy access to
TelevisaUnivision's extensive Spanish-language programming,
including entertainment and live sports, across multiple platforms.
This furthers our goal of providing value to customers by including
streaming apps with Spectrum services."
Spectrum provides customers with access
to TelevisaUnivision's networks, including Univision, UniMás,
Galavisión, TL Novelas, TUDN, FOROtv, Bandamax, De Película, De
Película Clasico, Telehit and Telehit Música.
About TelevisaUnivision
TelevisaUnivision is the
world's leading Spanish-language media company. Powered by the
largest library of owned Spanish-language content and a prolific
production capability, TelevisaUnivision is the top producer of
original content in Spanish across news, sports and entertainment
verticals. This original content powers all of TelevisaUnivision's
platforms, which include market-leading broadcast networks
Univision, Las Estrellas, Canal 5
and UniMás, and a portfolio of 38 cable networks, which include
TUDN, Galavisión, Distrito Comedia and TL Novelas. The company also
operates the leading Mexican movie studio, Videocine, and owns and
operates the largest Spanish-language audio platform in the U.S.
across 35 terrestrial stations and the Uforia digital platform.
TelevisaUnivision is also the owner of ViX, the largest
Spanish-language streaming platform in the world. For more
information, please visit televisaunivision.com.
About Charter Communications
Charter Communications,
Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and
cable operator serving more than 32 million customers in 41 states
through its Spectrum brand. Over an advanced communications
network, the Company offers a full range of state-of-the-art
residential and business services including Spectrum
Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum
Business® delivers the same suite of broadband products
and services coupled with special features and applications to
enhance productivity, while for larger businesses and government
entities, Spectrum Enterprise provides highly customized,
fiber-based solutions. Spectrum Reach® delivers tailored
advertising and production for the modern media landscape. The
Company also distributes award-winning news coverage and sports
programming to its customers through Spectrum Networks. More
information about Charter can be found at
corporate.charter.com.
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SOURCE Charter Communications, Inc.
