Overview
- Multiple outlets report that Gustavo Scaglione’s local media group has been selected as buyer, with the entrepreneur saying on air that closing could occur in 15 to 20 days and that no immediate programming changes are planned.
- The transaction covers the Buenos Aires broadcaster and regional stations including Canal 8 Córdoba, Canal 5 Rosario and Canal 13 Santa Fe.
- Price expectations center on roughly USD 80–100 million, well below the USD 345 million Viacom paid for Telefe in 2016.
- Paramount mandated Quantum Finanzas, led by Daniel Marx, to run the sale as part of a broader strategic shift tied to its reorganization with Skydance Media.
- Telefe reaches about 95% of Argentine households and produces more than 3,000 hours of Spanish-language content annually, and contracts and international distribution could be reviewed under new ownership.