The Werthein Group Took 100% of TyC Sports and Reconfigures the Map of Sports Media in Argentina
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Grupo Clarín transferred its entire stake in TyC Sports and Carburando to Grupo Werthein in a transaction valued at $25 million. In an official statement submitted to the National Securities Commission (CNV), the media conglomerate announced the sale of its remaining 50% stake in Tele Red Imagen S.A. (operator of the channel… Origin
The holding company that controls DirecTV and Tournaments will have 100% of the sports channel just before the World Cup. At the same time, it is in a race to keep the concession of the state property of 500,000 m2 in Villa Martelli. The Werthein Group concluded this week the purchase of 50% of TyC Sports that was in the hands of the Clarín Group for US$25 million. With this operation, the family holding company – which through Wayken ILW contro…
Werthein had the control of Tournaments and Competences and the right to broadcast the 104 games of the World Cup. The business was closed for USD 25 million, but the Clarin Group is left with strong transmissions for the Flow grid. The fight with the Chiqui Tapia, key to understanding the change in the map of sports media. Read more
The Waken ILW regional holding company, from the Werthein Group, bought 50% of the TyC Sports sports channel from the Clarín Group and took full control of the signal. “This strategic evolution responds to a vision of leadership focused on offering the best entertainment experience, integrating cutting-edge production standards, image quality, distribution and positioning with the transmission of outstanding sporting events nationally and intern…
The Werthein group gave a new strategic blow in the media and sports content business in Argentina. Through the company Waiken ILW, the family acquired 50% of TyC Sports that remained in the hands of Grupo Clarín and went on to control 100% of the most important sports signal in the country. The operation, whose amount would be around USD 25 million, according to the market, also includes the transfer of the producer Carburando. In this way, the…
The holding Waiken ILW, of the Werthein group, advanced with the total purchase of TyC Sports, in an operation that allowed it to keep the 50% that was still in the hands of Clarín and take control of one of the most important sports signs in Argentina.The transaction was informed this Monday to the National Securities Commission (CNV). Grupo Clarín detailed that Inversor de Eventos S.A. accepted the offer presented by Kindra International Limit…
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