ViacomCBS Buying Majority of Fox TeleColombia

ViacomCBS is buying a majority of Spanish-language content company Fox TeleColombia & Estudios TeleMexico from Disney and the founding family, it said Thursday. Viacom said it will run Fox TeleColombia as "a collaborative partnership" with the founding family (see personals section of this issue). It said the deal gives it access to Fox TeleColombia studio operations in Columbia and Mexico and the company's content library, with the content to be used on the Paramount+ and Pluto TV streaming services and on Viacom linear networks globally. ViacomCBS also is buying AT&T's Chilevision (see 2104050031).