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ViacomCBS Networks International Acquires Majority Stake in Fox TeleColombia & Estudios TeleMexico

Mexico Colombia president ViacomCBS
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variety.com
variety.comvariety.com:

Elsa Keslassy International CorrespondentViacomCBS Networks International (VCNI) has acquired a majority stake in Fox TeleColombia & Estudios TeleMexico from The Walt Disney Company.

ViacomCBS International Studios’ VIS, a division of VCNI, will operate Fox TeleColombia & Estudios TeleMexico as a collaborative partnership with the company’s founding family.

The deal, whose financial terms were not disclosed, is subject to anti-trust approval and customary closing conditions. Through this pact, VCNI will gain access to Fox TeleColombia & Estudios TeleMexico’s studio operations in both Colombia and Mexico, as well as many hours of library content spanning premium series, telenovelas, films, documentaries, unscripted, kids and family, branded.

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