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Hemisphere closes takeover of LatAm content distributor Snap TV

Tuesday 27 November 2018 | 13:57 CET | News
Spanish-language TV and cable network provider Hemisphere Media Group has closed the acquisition of a 75 percent controlling stake in Snap Global, an independent distributor of content in Latin America and owner of Snap TV. The deal was announced in May, when Hemisphere also signed a co-production joint venture with MarVista Entertainment, an independent film and TV production company and minority owner of Snap TV, to co-produce new original productions. Ariel Tobi, founder of Snap TV, joined Hemisphere as senior vice president of content distribution and production.

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Categories: Broadcast & Satellite
Companies: Hemisphere Media Group / Netflix
Countries: Latin America
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