8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 27, 2014

HEMISPHERE MEDIA GROUP, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware (State or other jurisdiction of Incorporation) 001-35886  (Commission File Number) 80-0885255 (I.R.S. Employer Identification Number)

2000 Ponce de Leon Boulevard

Suite 500

Coral Gables, FL 33134

           (Address of principal executive offices) (Zip Code)

(305) 421-6364

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.  Other Events.

On August 27, 2014, Hemisphere Media Group, Inc. (the “Company”) issued two press releases announcing (i) the acquisition of exclusive worldwide transmission rights in perpetuity to one hundred Mexican and U.S. Hispanic movie titles and (ii) the Company’s indirect wholly owned subsidiary, WAPA America Inc.’s entry into an agreement with The Nielsen Company (US), LLC, the global information and measurement company, to become a nationally rated cable network.

Copies of these press releases are attached hereto as Exhibits 99.1 and 99.2.

Item 9.01.  Financial Statements and Exhibits.

(d)  Exhibits

Exhibit No.	Description of Exhibit
99.1	Press Release issued by the Company on August 27, 2014
99.2	Press Release issued by the Company on August 27, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	HEMISPHERE MEDIA GROUP, INC.
Date:  August 27, 2014	By:	/s/ Alex J. Tolston
		Name: Alex J. Tolston
		General Counsel and Corporate Secretary

EXHIBIT INDEX

Exhibit No.	Description of Exhibit
99.1	Press Release issued by the Company on August 27, 2014
99.2	Press Release issued by the Company on August 27, 2014

EX-99.1

EXHIBIT 99.1

Hemisphere Media Group Acquires Exclusive

Worldwide Rights in Perpetuity to 100 Movie Titles

from Laguna Productions

80% of Films are Television Premieres

MIAMI, FL—August 27, 2014—Hemisphere Media Group, Inc. (NASDAQ: HMTV) (“Hemisphere”), the only publicly traded pure-play U.S. media company targeting the high growth Hispanic TV/cable networks business, entered into an agreement with Laguna Productions to acquire exclusive worldwide transmission rights in perpetuity to 100 Mexican and U.S. Hispanic movie titles. Rights to the films, 80% of which are television premieres, include all forms of transmission, including pay-TV, free-TV, over-the-top, and digital.

The package features acclaimed dramatic and action-packed films starring some of the most popular Mexican movie stars, including: Luis Fernando Peña (Clase 406, Rebelde, Amar Te Duele), Maya Zapata (Bajo La Misma Luna, Casi Divas, ‘All Inclusive’), Paulina Gaitán (‘Trade,’ Sin Nombre, XY, Las Aparicio), Lorena Herrera (Muchachitas, Entre La Vida y La Muerte, María Isabel), Gerardo Taracena (El Violin, ‘Man on Fire,’ ‘The Mexican,’ ‘Apocalypto’), Luis Gatica (La Fiera, Marimar, El Salvador, ‘Big Brother VIP’), Manuel Flaco Ibañez (Lagunilla mi Barrio, Vecinos, Amor Extremo), and Sergio Goyri (Mundos Opuestos, El Maleficio, Corazón Indomable).

“This incredible package of movies offers us great premiere content for Cinelatino, the leading Spanish-language movie channel in the market, as well as for our other networks,” said Alan J. Sokol, President of Hemisphere Media Group. “As television viewing habits continue to evolve, acquiring all rights in perpetuity will afford us the flexibility to be able to offer our audience content on the platform of their choice.”

Headquartered in Miami, Florida, Hemisphere owns and operates five leading U.S. Hispanic cable networks, two Latin American cable networks, and the leading broadcast television network in Puerto Rico.

About Hemisphere Media Group, Inc.: Hemisphere Media Group (NASDAQ:HMTV) is the only publicly-traded pure-play U.S. Spanish-language TV/cable network business serving the high-growth U.S. Hispanic population. Headquartered in Miami, Florida, Hemisphere owns and operates five leading U.S. Hispanic cable networks, two Latin American cable networks, and the leading broadcast television network in Puerto Rico. Hemisphere's networks consist of: Cinelatino, the leading Spanish-language movie channel distributed in the U.S., Latin America and Canada, featuring the largest selection of contemporary Spanish-language blockbusters and critically-acclaimed titles from Mexico, Latin America, Spain and the Caribbean; WAPA PR, Puerto Rico's leading broadcast station with the highest primetime and full day ratings in Puerto Rico. Founded in 1954, WAPA PR produces more than 65 hours per week of top-rated news and entertainment programming; WAPA America, the leading cable network targeting Puerto Ricans and other Caribbean Hispanics living in the U.S., featuring the highly-rated news and entertainment programming produced by WAPA PR; Pasiones, dedicated to showcasing the most popular telenovelas and drama series, distributed in the U.S. and Latin America; Centroamerica TV, the leading network targeting Central Americans living in the U.S., the third largest U.S. Hispanic group, featuring the most popular news, entertainment and soccer programming from Central America; and Television Dominicana, the leading network targeting Dominicans living in the U.S., featuring the most popular news, entertainment and baseball programming from the Dominican Republic. More information available at www.hemispheretv.com.

Contact Hemisphere: Katie Melenbrink / 646.705.2874 / kmelenbrink@hemispheretv.com

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EX-99.2

EXHIBIT 99.2

WAPA America, the cable network destination

for Puerto Ricans and Caribbean Hispanics in

the U.S., Becomes Nielsen-Rated

MIAMI, FL—August 27, 2014—WAPA America has reached an agreement with Nielsen, the global information and measurement company, to become a nationally-rated cable network. WAPA America is the cable arm of WAPA-TV, Puerto Rico’s leading broadcaster. WAPA America will be reported in Nielsen’s national data beginning as of August 2014, to be available on September 28.

Launched in the U.S. in 2004, WAPA America is seen in more than five million homes and is distributed by all major cable, satellite and telco providers. WAPA America broadcasts approximately 70 hours per week of original news and entertainment programming, as well as local movies, telenovelas and major sporting events like “Baloncesto Superior Nacional” (National Superior Basketball), Puerto Rico’s most popular professional sports league. WAPA America airs more live programming than any major U.S. Spanish-language broadcast network.

“We’ve been analyzing preliminary Nielsen data for several months and we are very excited with the findings, which confirm that WAPA America has a large and loyal audience,” said Alan J. Sokol, President of WAPA’s parent company, Hemisphere Media Group.

Twenty-six year television sales veteran and former SVP of Network Sales at Univision Network, Nicolas J. Valls, was named Hemisphere’s EVP of Advertising Sales in October of 2013 and will oversee national ad sales for WAPA America.

“We know WAPA America appeals to the 10 million Puerto Ricans and Caribbean Hispanics living the US, but now we’ll have the data to back it up,” said Valls. “WAPA America offers a unique and highly-valuable proposition to national advertisers who want to get their messages in front of the second largest Hispanic community in the U.S. in content uniquely aligned to its culture and interests.”

Founded in 1954, WAPA Television is Puerto Rico’s number one broadcast station with the highest primetime and full day ratings in Puerto Rico. WAPA Television produces the most local entertainment programming on the island, and is Puerto Rico’s news leader with more than 30 hours per week of local news coverage produced by the largest and most-trusted news network on the island.

WAPA America is one of five U.S. cable networks owned by Hemisphere Media Group, alongside: Cinelatino, the leading US Spanish-language movie channel; Pasiones, dedicated to showcasing the most popular telenovelas and series; Centroamerica TV, the leading network targeting the third largest US Hispanic group that features popular news, entertainment and soccer programming from Central America; and Television Dominicana, the top network targeting U.S. Dominicans with popular entertainment, baseball and news programming from the Dominican Republic.

About WAPA America: WAPA America is the U.S. cable network affiliated with WAPA Television, Puerto Rico’s leading broadcast network with the highest primetime and full day ratings on the island. WAPA Television produces the most local entertainment programming in Puerto Rico, and is the island’s news leader with more than 30 hours per week of local news coverage produced by the largest and most-trusted news network in Puerto Rico. WAPA America is currently viewed in more than five million homes throughout the U.S. and distributed on major cable, satellite and telecommunications providers, including Comcast, Time Warner Cable, Cablevision, Cox Communications, Bright House Networks, DirecTV, Dish Network, Verizon FiOS, and AT&T U-verse. WAPA America is a subsidiary of Hemisphere Media Group, Inc., the only publicly traded, pure-play U.S. Hispanic TV/cable networks and content platform. For more information, please visit www.wapa.tv.

Contact WAPA America: Katie Melenbrink / 646.705.2874 / kmelenbrink@hemispheretv.com

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