As a long-time lover of Spanish language media, who has relied on these networks to keep me informed about my community and entertained for years, I find myself deeply concerned by the current standoff between Fubo and TelevisaUnivision.
Fubo announced on Monday that TelevisaUnivision had removed its channels from their streaming TV service, claiming the Spanish-speaking media conglomerate was unwilling to provide “fair and competitive prices” as they saw fit.
Reps for TelevisaUnivision did not immediately respond to requests for comment.
As stated by Fubo, “many Spanish-speaking viewers across the U.S. have been cut off from local news and weather updates, which are crucial for their communities, due to TelevisaUnivision withdrawing their programming from Fubo. This unfortunate situation has arisen because TelevisaUnivision declined to provide rates that we consider reasonable and competitive.
Fubo states that they have put in a great deal of effort and made concessions to renew our long-standing content partnership with TelevisaUnivision and its associated networks. Nevertheless, TelevisaUnivision proposed a new contract with revised terms that would raise prices by 25% for Fubo subscribers. Moreover, the unjust bundling and linking practices of TelevisaUnivision force Fubo viewers to purchase all their channels, even those they don’t watch.
In an effort to leverage its leading position in the U.S. Spanish-language content market, TelevisaUnivision is pushing for higher fees from Fubo, causing Spanish-speaking Fubo subscribers to potentially face increased costs for essential local news, weather, sports, and entertainment programming. Additionally, to access all sports content provided by TelevisaUnivision, Fubo customers must pay extra for Vix+, disadvantaging sports-loving Hispanic consumers further.
As a movie enthusiast, I’m keeping the door open for discussions on a fresh content deal with TelevisaUnivision. However, the terms need to be balanced and just, ensuring fair access to Spanish-language content within our Latino package at a price that competes effectively.
Just a few weeks ago, I found myself part of a team at TelevisaUnivision as we received news from our newly appointed CEO, Daniel Alegre. He outlined restructuring measures and workforce adjustments that included layoffs. These adjustments are expected to decrease the number of employees within the mid-to-high single-digit percentage range.
Amid the standoff with TelevisaUnivision, Fubo noted it continues to carry Spanish-language networks, including: beIN Sports Español, Canela, Centroamerica TV, Cine Latino, Cine Sony Television, ESPN Deportes, Estrella, Estrella News, Euronews Espanol, FILMEX, Fox Deportes, Fubo Latino, Gol TV Spanish, Nat Geo Mundo, Noticias Telemundo Ahora, Nuestra Tele, Tastemade en Espanol, Telefe, Telemundo Acción, Todo Cine, Tr3s, TyC Sports and WAPA.
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2024-12-24 03:16