Viacom confirms USD 345 mln buy of Telefonica's Telefe

Wednesday 16 November 2016 | 08:33 CET | News
Viacom has announced the acquisition of Argentinian free-to-air channel Telefe (Television Federal) from Telefonica for USD 345 million, confirming an earlier report. The US media giant is said to have outbid Time Warner and the Cisneros Group to acquire the only free-to-air broadcaster that Telefonica still owns, still the most-watched channel in the country with an audience share of around 33 percent in 2016, slightly ahead of rival Canal 13, owned by the Clarin group. The channel will be led by Pierluigi Gazzolo, president of VIMN Americas.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Telefonica / Viacom
Countries: Argentina
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


ViacomCBS acquires FTA channel Chilevision from WarnerMedia

Published 06 Apr 2021 11:43 CET | Chile
ViacomCBS Networks International (VCNI) has confirmed the acquisition of Chilean free-to-air TV channel Chilevision from ...

ViacomCBS finalising acquisition of FTA channel Chilevision - report

Published 25 Nov 2020 12:07 CET | Chile
ViacomCBS is close to finalising the acquisition of Chilean free-to-air TV channel Chilevision from the Turner Latin America ...

Viacom signs first LatAm mobile streaming deal with Telefonica

Published 06 Feb 2018 09:12 CET | Latin America
Viacom has reached an agreement with Telefonica to make a wide range of its TV channels and content available for streaming by ...

Mediapro, Nickelodeon LatAm team up on new gaming series

Published 18 Jan 2018 08:51 CET | Latin America
Spanish broadcaster Mediapro has announced a partnership with Viacom's Nickelodeon Latin America to produce a new scripted gaming ...

Argentina's Enacom approves Viacom's acquisition of Telefe

Published 04 Apr 2017 11:11 CET | Argentina
Argentina's telecom regulator Enacom has finally approved Viacom's acquisition of free-to-air channel Telefe (Television Federal) ...

MTV Germany launches free live stream

Published 08 Mar 2017 08:31 CET | Germany
On the 20th anniversary of its launch, Viacom channel MTV Germany has launched a live stream of its programming via the mtv.de ...

Viacom buys minority stake in Israeli media group Ananey

Published 13 Jan 2017 11:02 CET | Israel
Viacom International Media Networks (VIMN) has acquired a minority stake in Ananey Communications Group, an Israeli ...

Telefonica still open to selling Telxius, O2 UK stakes

Published 17 Nov 2016 10:07 CET | World
Telefonica's decision to cut its proposed full-year dividend has served to strengthen its position with investors as it continues ...

Telefonica to sell Argentina's Telefe to Viacom - report

Published 04 Nov 2016 09:05 CET | Argentina
Telefonica has reached an agreement to sell its Argentinian free-to-air channel Telefe (Television Federal) to US media giant ...

Turner close to deal to buy Telefe channel - report

Published 21 Mar 2016 11:16 CET | Argentina
Turner International is negotiating the purchase of Telefe, a free-to-air channel in Argentina owned by Telefonica, reports La ...

Telefe launches UPlay video network

Published 18 Mar 2016 12:55 CET | Argentina
Argentine broadcaster Telefe has launched UPlay Network, a new platform for digital content creators to establish ties with ...

Vivo and GVT to distribute Telefe in Brazil

Published 17 Feb 2016 11:53 CET | Brazil
Brazilian pay-TV operator Vivo TV and sister company GVT, due to merge in April, will distribute Argentina's main TV channel, ...

Cisneros Media and Telefe sign distribution deal for Africa

Published 09 Oct 2015 13:39 CET | Africa
Cisneros Media Distribution (CMD) has signed an agreement to represent Argentina's television station Telefe at the Marche ...

Afsca approves Telefonica's plan to adapt to Media Law

Published 18 Dec 2014 14:13 CET | Argentina
Argentina's Federal Authority for Audiovisual Communication Services (AFSCA) has approved the adjustment plan presented by ...