LOS ANGELES: A federal judge this week heard an argument between Univision and Televisa over the right to stream content on the Web. Univision, based in Los Angeles, runs Televisa telenovelas during prime time and wants the court to enjoin the Mexican media giant from make them available on the Web in the United States. Televisa has a programming deal with Univision that runs through 2017, according to the Los Angeles Times.
The deal was reached after Televisa tried to get out of a 25-year contract it signed in 1992 to provide its content exclusively to Univision, which it said owed Televisa $134 million in unpaid royalties, Hispanic Business said. Univision, struggling under a $10 billion debt, derives an estimated 35 percent of ad revenues from Televisa shows, the publication said, citing Fitch Ratings.