Mexico’s TV Azteca has sold Azteca América to HC2 Network Inc. in a transaction that includes a seven-year programming licensing and broadcast services agreement.
The deal gives HC2 access to TV Azteca’s current programming and library in Mexico, including entertainment shows, network and local news, as well as telenovelas and other scripted series.
HC2 will keep the Azteca América name, as well as U.S. staff involved in programming, marketing, advertising sales, finance and operations.
Manuel Abud, President and CEO of Azteca América since 2014, will remain at the helm of the network.
How did the deal come about and what will the sale mean for the network? Check out more details and the interview with Manuel Abud on Forbes.
James says
November 30, 2017 at 10:17 AMCongratulations to Mr. Manuel Abud for this agreement.
For save employment and a brand.
Azteca America tiene dinero y Abud también.
Si Entravvision hubiese adquirido Azteca America… La desaparecía un verdadero desastre
Manny Restrepo says
December 2, 2017 at 7:25 PMComo dirian los mexicanos.. “Bara-Bara_bara $$$” Quien me lo compra?? Desde que llego el mounstro Mettey también se vino abajo esto.