Hemisphere Media Group, Inc. has finalized the acquisition of a 75% equity interest in Snap Global, LLC ("Snap TV"). Ariel Tobi, founder of Snap TV, joined Hemisphere as the Senior Vice President of Content Distribution and Production. In his role, Tobi will oversee content licensing and the expansion of Hemisphere's content distribution business. Tobi will also oversee Hemisphere and MarVista Entertainment's new production joint venture committed to producing top-quality international television content. The joint operation will allow the two companies to apply their specific knowledge and expertise to address the growing international demand for world-class content. While Tobi has relocated to Miami, FL, a small operation will remain in Buenos Aires.