Bango PLC (AIM:BGO, OTCQX:BGOPF) signed an agreement with TelevisaUnivision Inc that will make the Spanish language media company’s content available globally.
Under the deal, the Bango Platform will be licensed to enable TelevisaUnivision's upcoming over-the-top (OTT) subscription service, ViX+, to be offered and bundled by telcos and distribution partners on a worldwide basis.
TelevisaUnivision’s Univision network is the most watched Spanish programming network in the USA, reaching 97% of Hispanic households. Through its recently launched streaming platform ViX, the company is providing content as an OTT streaming service to Spanish-speaking audiences globally.
The Bango Platform enables TelevisaUnivision's distribution partners to offer ViX+ subscription services in a real time manner, through a variety of distribution and retail partners.
"TelevisaUnivision is a powerhouse in the Hispanic media world, with millions of viewers in the USA and beyond enjoying its vast range of content,” noted Bango VP Global Merchants, Samuel Roser. “Bango is delighted to provide the platform that will deliver this market-leading service to Spanish speakers everywhere."