Searchlight Capital Associates and ForgeLight Full Acquisition of The greater part Stake in Univision

MIAMI, NEW YORK & MEXICO Metropolis–(Company WIRE)–Dec 29, 2020–

Searchlight Capital Partners, LP (“Searchlight”), a world private expense agency, ForgeLight LLC (“ForgeLight”), an running and financial commitment firm focused on the media and customer technology sectors, and Grupo Televisa, S.A.B. (“Televisa”) a foremost media organization in the Spanish-speaking globe, these days announced the completion of Searchlight and ForgeLight’s acquisition of a the vast majority possession desire in Univision Holdings, Inc. (“Univision”), the major Hispanic content enterprise in the United States. In relationship with the transaction Televisa will preserve its ownership fascination in Univision and will transform its warrants into prevalent inventory. Televisa will also maintain its Plan License Agreement and will continue to provide as an significant strategic lover to the company’s new vast majority entrepreneurs.

Wade Davis, media marketplace veteran and CEO and founder of ForgeLight, also assumed the position of Univision CEO, powerful as of the closing of the transaction. Led by Davis and benefitting from his in depth skills in taking care of the expansion and transformation of significant-scale media enterprises, Univision’s new leadership staff plans to use the company’s in depth platform and powerful pipeline of entertainment, sports activities and information content to deepen its marriage with the Hispanic neighborhood, one particular of the most critical customer teams in the United States. Building upon its proven management in Spanish-language media, Univision will also request new chances to innovate and speed up advancement by building new marketplace-defining information for the up coming technology of Hispanic viewers, growing its portfolio of promoting goods and maximizing its digital presence.

“I am honored to be partnering with Searchlight and Televisa to begin this exciting new era for Univision,” claimed Mr. Davis. “Televisa’s strategic perception and world wide information leadership, coupled with Searchlight’s incredible experience as a extended-expression media trader, will support us thoroughly know Univision’s probable as the major Hispanic material company in the United States. Univision’s recognized and reliable manufacturer, its consistent efficiency, and its management serving an crucial and escalating purchaser audience give us an unmatched option to realize even better success.”

Davis additional: “I want to thank Vince Sadusky and the total staff for their function to refocus our approach on the company’s deep roots in the U.S. Hispanic neighborhood and for creating a robust system to guidance foreseeable future innovation. I am happy to inherit management of these an outstanding team, and I know that together we can generate even higher worth for our advertisers, distributors and traders, and, most importantly, produce impressive and persuasive content material for our audiences. This is a pivotal minute in Univision’s loaded historical past, as the organization plays an more and more significant role in educating audiences about crucial issues appropriate to the Hispanic group and encouraging and elevating the dialogue on social justice and equality, while also continuing to deliver enjoyment when viewers require it most. I could not be much more excited to get started. I would also like to thank Haim Saban and all the prior house owners for their stewardship of this legendary company.”

Eric Zinterhofer, Founding Spouse of Searchlight Cash, included: “We are delighted to comprehensive this transaction and glance ahead to partnering with Televisa, Wade and the leadership group to recognize our ambitions. We are assured that Univision’s robust content and management in serving the dynamic U.S. Hispanic community positions the firm for continued achievement.”

Bernardo Gomez and Alfonso de Angoitia, Co-Chief Executive Officers of Televisa, stated: “We are enthusiastic to be portion of this new period of Univision. Wade’s leadership and Searchlight’s assistance are the catalysts that Univision desires to solidify its place as the primary Spanish-language media organization in the United States in light of the fast adjustments that the industry is facing. We are searching forward to an even closer collaboration with Univision to help it carry out the lots of transformational initiatives that Wade has set out to achieve. We would also like to thank Haim Saban for his leadership and commitment to Univision all these many years.”

New highlights showcasing Univision’s momentum include things like:

Univision was rated as the range a person primetime tv community, irrespective of language, amongst Grownups aged 18-34 from May well 25, 2020 to September 6, 2020, including a 14-7 days streak at variety 1 on all of broadcast television, again regardless of language

In the most a short while ago completed quarter, Univision was the only U.S. television network to appreciably improve viewership

UniMás, Univision’s 2nd broadcast community, was the swiftest-rising broadcast community in all of tv in the course of the 3rd quarter and

Univision’s electronic assets proceed to accomplish double-digit year-over-year movie growth.

As previously disclosed, under the conditions of the acquisition, investors including Searchlight and ForgeLight purchased an close to 64 percent ownership curiosity in Univision from an investor team like Madison Dearborn Companions, Providence Fairness Partners, TPG, Thomas H. Lee Associates and Saban Capital Team. Televisa has retained its approximate 36 per cent stake in Univision’s entirely diluted fairness funds. Televisa’s Application License Agreement with Univision will remain in impact in accordance with its conditions. The settlement, which is 1 of Univision’s most strategic belongings, offers the enterprise distinctive accessibility to the biggest Spanish-language online video library in the globe.

About Univision

As a major Hispanic media corporation in the U.S., Univision Communications Inc. entertains, informs and empowers U.S. Hispanics with information, sporting activities and amusement articles throughout broadcast and cable television, audio and digital platforms. The company’s major-rated media portfolio contains the Univision and UniMás broadcast networks, as very well as the cable networks Galavisión and TUDN, the No. 1 Spanish-language athletics network in the place. Domestically, Univision owns or operates 61 tv stations in the United States. Furthermore, Uforia, the Dwelling of Latin New music, encompasses 58 owned or operated radio stations, as well as 89 affiliate marketers, a live celebration sequence and a strong electronic audio footprint. The company’s distinguished digital belongings include Univision.com, streaming support Univision Now, the biggest Hispanic influencer network, and quite a few major-rated applications. For far more facts, go to https://corporate.univision.com.

About Searchlight

Searchlight Funds Partners is a world-wide non-public investment decision agency with around $8 billion in assets underneath management with workplaces in New York, London and Toronto. Searchlight seeks to devote in companies wherever their extensive-time period cash and strategic assistance speed up benefit generation for all stakeholders. For far more info, you should check out https://www.searchlightcap.com.

About ForgeLight

ForgeLight is an running and financial commitment enterprise concentrated on the media and consumer technological innovation sectors launched in 2019 by Wade Davis. ForgeLight specifically operates or presents devoted operating guidance to its corporations.

About Televisa

Televisa is a main media corporation in the Spanish-speaking globe, an crucial cable operator in Mexico and an operator of a foremost direct-to-dwelling satellite fork out tv program in Mexico. Televisa distributes the material it makes by way of numerous broadcast channels in Mexico and in in excess of 70 nations around the world by way of 25 pay out-television set manufacturers, television networks, cable operators and about-the-major or “OTT” products and services. In the United States, Televisa’s audiovisual content material is distributed by way of Univision Communications Inc. (“Univision”), a leading media enterprise serving the Hispanic market. Univision broadcasts Televisa’s audiovisual articles through numerous platforms in trade for a royalty payment. In addition, Televisa has equity symbolizing approximately 36% on a absolutely-diluted basis of the equity capital in Univision Holdings, Inc., the controlling business of Univision. Televisa’s cable company delivers built-in services, like video clip, substantial-pace facts and voice expert services to residential and commercial prospects as very well as managed companies to domestic and international carriers. Televisa owns a majority curiosity in Sky, a top direct-to-residence satellite pay television system and broadband company in Mexico, working also in the Dominican Republic and Central The usa. Televisa also has interests in journal publishing and distribution, professional sporting activities and stay leisure, aspect-movie generation and distribution, and gaming.

Ahead-Searching Statements

This press launch consists of forward-looking statements based on the latest expectations of Searchlight Cash Partners, LP, ForgeLight LLC and Grupo Televisa, S.A.B. Phrases this sort of as “believe”, “anticipate”, “plan”, “expect”, “intend”, “seek”, “potential”, “target”, “estimate”, “project”, “predict”, “forecast”, “guideline”, “may”, “should”, “could”, “will” and equivalent terms and expressions are supposed to determine ahead-wanting statements, but are not the special means of determining these statements. Actual potential events or results could vary materially from these statements, for motives which includes but not confined to: financial and political developments and situations uncertainty in world wide economical markets the impression of the COVID-19 pandemic variations in inflation charges changes in curiosity costs the impression of current laws and regulations, adjustments thereto or the imposition of new guidelines and restrictions influencing our businesses, routines and investments modifications in client demand from customers and results of competitiveness. Viewers are cautioned not to area undue reliance on these forward-searching statements, which speak only as of the date of this press release. Searchlight Money Companions, LP, ForgeLight LLC and Grupo Televisa S.A.B. undertake no obligation to publicly update or revise any forward-wanting statements, regardless of whether as a consequence of new details, future situations or otherwise.

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Speak to: Media and Investor Contacts

Univision

Investor Contact

Bob Entwistle

(201) 287-4304

[email protected]

Media Contacts

Rosemary Mercedes / Yvette Pacheco

(646) 725-2126 / (347) 514-4141

[email protected]/[email protected]

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