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Fox Corporation Acquires Caliente TV in Mexico
Prnewswireยท 2025-06-19 14:00
Core Viewpoint - Fox Corporation has acquired Caliente TV, a leading sports broadcasting platform in Mexico, to enhance its sports streaming business and expand its audience reach in Latin America [1][2]. Company Strategy - The acquisition aims to build a multi-platform business that includes launching a new Pay TV channel and an SVOD platform, alongside the existing AVOD platform Tubi, producing and distributing over 3,000 hours of original sports content [3]. - Carlos Martinez has been appointed as Executive Vice President and Managing Director for Latin America, overseeing the overall FOX broadcast strategy and the transition of Caliente TV [1][3]. Sports Rights Portfolio - Following the acquisition, FOX will hold a broad portfolio of premium broadcast rights, including: - Six Liga MX Men's Clubs - Ten Liga MX Women's Clubs - CONCACAF Champions Cup - Premier League and FA Cup - UEFA Champions League - Ligue 1 France - Coppa Italia - United Football League (UFL) - Big Ten Conference - World Enduro Championship (WEC), NASCAR Mexico Series, and other motorsports international rights [5]. Employment Impact - The new FOX platforms in Mexico and Central America are expected to create over 350 jobs, both directly and indirectly [3].