MIAMI and STAMFORD, Conn.—TelevisaUnivision and Charter Communications, Inc. have announced a multi-year agreement to extend and expand their partnership with distribution for linear networks and the launch of a new streaming service.
In a move that highlights the growing importance of streaming services in distribution deals between programmers and MVPDs, 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.
In addition, Carter reported that TelevisaUnivision's U.S. channels will be included as an integral launch partner in a new 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."
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 be 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, Charter said.
This flexibility will allow Charter to include TelevisaUnivision's U.S. channels in a new, low-cost Spanish-language internet-delivered video package that Spectrum plans to launch in the coming months.
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.
