InterMedia Partners and Azteca Acquisition Corporation (OTCBB: AZTA; AZTAW; AZTAU) announced today that they will host a conference call to discuss the transaction announced January 23, 2013, which will merge Cine Latino, Inc. (“Cinelatino”) and InterMedia Español Holdings, LLC -- which includes WAPA America and WAPA TV (together, “WAPA”) -- with Azteca Acquisition Corporation in a transaction valued at approximately $400 million. The conference call will be held on February 6, 2013, at 11:30 AM EST.
The new combined company will be called Hemisphere Media Group, Inc. and will be the only publicly traded, pure-play U.S. Hispanic TV/cable network and content platform. The conference call will include Alan J. Sokol, Senior Partner of InterMedia, who will become CEO of Hemisphere Media Group and Gabriel Brener, CEO of Azteca Acquisition Corporation.
The call can be accessed by dialing (866) 730-5766 domestic or (857) 350-1590 international. The passcode for the call is 29694278. The presentation will be filed by each of Azteca Acquisition Corporation and Hemisphere Media Group, Inc. with the U.S. Securities and Exchange Commission (the “SEC”) on February 5, 2013 and will be available free of charge from the SEC’s website at www.sec.gov. A replay of the call will be available beginning at 1:30PM EST February 6, 2013 through February 13, 2013. To listen to the replay of this call, please dial (888) 286-8010 domestic or (617) 801-6888 international and enter passcode 71556304.
About InterMedia PartnersFounded in 1988 by Leo Hindery Jr., InterMedia Partners, LP is premised on the philosophy that by bringing extensive operating experience to media private equity, the fund could drive superior returns. Over the course of its seven funds, InterMedia has invested in cable television, broadcast television, print, programming, and broadband opportunities. InterMedia’s Senior Partners have over 50 years of operating experience and, by making control investments, they are able to bring that knowledge base to bear on the acquired assets.