Jun. 20 at 12:53 AM
$FOX $FOXA Fox Corp. acquires sports broadcasting platform Caliente TV
Fox Corporation announced its acquisition of Caliente TV, a sports broadcasting platform in Mexico. Carlos Martinez has been appointed to the role of Executive Vice President and Managing Director, Latin America, Fox Corporation, responsible for overseeing the overall FOX broadcast strategy in Latin America and the transition of Caliente TV in Mexico and the channel's launch in Central America.
"With this acquisition FOX will develop a multi-platform business that will include the launch of a new Pay TV channel and an SVOD Platform that will join the existing AVOD platform Tubi, producing and distributing more than 3,000 hours of original Sports content," the company said.