Charter, TelevisaUnivision announce strategic renewal

TelevisaUnivision (TV) and Charter Communications (CHTR) announced a multi-year agreement to extend and expand their partnership. “This agreement provides Spectrum customers with continued access to the most-watched Spanish-language news, sports and entertainment programming in the country. The modern deal framework is designed to enhance Spectrum’s ability to serve the massive U.S. Hispanic audience with expanded access to an unprecedented amount of Spanish-language content. As part of the arrangement, 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,” the companies stated. “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. 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,” said Tom Montemagno, Executive Vice President, Programming Acquisition for Charter.