Pongalo (Acquired)

In 2019, Pongalo was acquired by Discovery Communications-backed VIX. Now operating as a wholly-owned subsidiary of VIX, Pongalo creates, acquires, and distributes Latino-focused content to audiences in the US and over 15 countries through its free, advertising-supported streaming services. It controls one of the largest IP libraries of Latino-focused films and TV shows in the world, which includes premium titles from Latin American and U.S. producers, including Hollywood blockbuster films. The company's 16,000+ hours of film and TV content features global stars such as Guillermo Del Toro and Jennifer Lopez, as well as an expansive collection of works from a new generation of Latino content creators. Its offerings are available everywhere through the company's proprietary methods and platforms, as well as through partnerships with numerous online and offline distributors, such as Amazon, Roku, Apple, and many others.Prior to its acquisition, Pongalo's institutional shareholders included Revolution Studios (Carlyle/Content Partners), Canyon Creek Capital, Digital Bridge, 500 Startups and others. The company was formed in 2014 by media veteran Richard Hull under the name Latin Everywhere, and was later renamed Pongalo.