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TelevisaUnivision Unveils Plans for Streaming Service in Spanish



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There are nearly 600 million Spanish speakers in this world, and they have become a highly sought-after audience for streaming services. Netflix announced last year that it would spend $300 million on original Mexican productions. Disney+ said in late 2020 that it had more than 70 original Spanish-language productions in development. WarnerMedia started HBO Max in Latin America in June, announcing a commitment of 100 productions in the region in the next two years. And NBCUniversal’s Telemundo will offer Tplus this fall on Peacock’s premium tier.On Wednesday, the Mexican broadcast giant Grupo Televisa and U.S.-based Univision unveiled their plans for the largest Spanish-language streaming platform as part of their new merged company, TelevisaUnivision. ( …

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