FOR IMMEDIATE RELEASE
Sony Pictures Television And Televisa Sign Worldwide First Look Co-Production Deal
MIAMI, FL (Jan. 23, 2012) - Televisa and Sony Pictures Television (SPT) today announced that they have entered into a new exclusive first-look, co-production deal for scripted and telenovela formats. The announcement was made by José Antonio Bastón Patiño, President of Television and Content for Televisa and Andrea Wong, President of International Production for SPT.
As part of the agreement, SPT will get a first-look at all of Televisa's scripted and unscripted formats for potential co-production worldwide, excluding the United States and Latin America. Televisa will get a first look at SPT scripted formats for possible co-production in Spain. Any new program produced under the terms of the deal will be co-produced by the companies.
"We are very excited to work with an esteemed partner such as Televisa to develop high-quality television series based on telenovela and scripted formats for audiences around the world," said Wong. "Our worldwide production capabilities and proven track record in producing scripted formats combined with their longstanding expertise in creating tremendously successful telenovelas makes this an ideal partnership."
José Bastón, added "the successful scripts, diverse library and writing capabilities that Televisa offers to this alliance match perfectly with Sony's experience in producing quality content for local markets. We are proud and certain that this endeavor will be the beginning of a fruitful partnership focused on entertaining different audiences from many regions of the world."
SPT has been a leader in the scripted formats business around the world for many years. This new agreement follows a long history of successful local language scripted series based on US formats, including current productions of Everybody Loves Raymond in the Middle East, Russia, Poland and Israel; Married...with Children in Israel, Russia and Bulgaria; and King of Queens in Russia.
Televisa, the largest media company in the Spanish-speaking world, is one of the largest producers of Spanish-language TV programming. Based in Mexico, the company operates several internet portals, owns one of the world's largest Spanish-language magazine publishers (Editorial Televisa), as well as a cable TV company (Cablevision), a satellite TV firm (Sky Mexico) and a telecommunications company (Bestel) that focuses on high-volume carriers.
Grupo Televisa, S.A.B., is the largest media company in the Spanish-speaking world based on its market capitalization and a major participant in the international entertainment business. It has interests in television production and broadcasting, production of pay-television networks, international distribution of television programming, direct-to-home satellite services, cable television and telecommunication services, magazine publishing and distribution, radio production and broadcasting, professional sports and live entertainment, feature-film production and distribution, the operation of a horizontal internet portal, and gaming.
ABOUT SONY PICTURES TELEVISION
Sony Pictures Television is one of the television industry's leading content providers. It produces and distributes programming in every genre, including series, telefilms, theatrical releases and family entertainment around the world and for every platform: broadcast and cable television, first-run and off-network syndication and digital distribution. In addition to one of the industry's largest libraries of feature films and television shows, SPT boasts a current program slate that includes the top-rated daytime dramas and game shows, landmark off-network series, original animated series and critically acclaimed primetime dramas, comedies and telefilms. Internationally, SPT produces 6,000+ hours of programming annually in over 70 countries. SPT is a leader in local language productions, some of which are co-produced with local partners, and sells SPE-owned formats around the world. To better serve its clients and partners worldwide, SPT maintains offices throughout the world, including Argentina, Australia, Brazil, Canada, France, Germany, Hong Kong, Hungary, India, Italy, Japan, Korea, Mexico, the Netherlands, the People's Republic of China, Russia, Singapore, Spain, Venezuela and the United Kingdom. SPT's worldwide television networks portfolio is a key strategy in SPE's long-range commitment to the global marketplace, with 120 channel feeds, which are available in 159 countries reaching more than 543 million households worldwide. SPT also creates original content for and manages SPE's premium video website, Crackle. Additionally, SPT owns Dutch entertainment company 2waytraffic, production company Embassy Row and Sony Movie Channel, and is a part owner of cable channel GSN, new 3D channel 3net, FEARnet, the premier horror/thriller website and VOD service, and national media sales company ITN Networks, Inc. SPT advertiser sales is one of the premiere national advertising sales companies, handling the commercial inventory in SPT's syndicated series as well as in all of SPE's digital businesses in the United States. SPT (www.sonypicturestelevision.com) is a Sony Pictures Entertainment company.