<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2018-03-12</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001567345</issuerCik>
        <issuerName>HEMISPHERE MEDIA GROUP, INC.</issuerName>
        <issuerTradingSymbol>HMTV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001735288</rptOwnerCik>
            <rptOwnerName>Santander Trust Agreement Number 2003914</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>VASCO DE QUIROGA # 3900, TORRE B, PISO 2</rptOwnerStreet1>
            <rptOwnerStreet2>LOMAS DE SANTA FE</rptOwnerStreet2>
            <rptOwnerCity>CIUDAD DE MEXICO, D.F.</rptOwnerCity>
            <rptOwnerState>O5</rptOwnerState>
            <rptOwnerZipCode>11510</rptOwnerZipCode>
            <rptOwnerStateDescription>MEXICO</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Indirect 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2996999</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Group Member</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrants (Rights to Purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>12</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-03-12</value>
            </exerciseDate>
            <expirationDate>
                <value>2018-04-04</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>211046</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Group Member</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">In accordance with the terms of the Issuer's amended and restated certificate of incorporation, each share of the Issuer's Class B common stock, par value $0.0001 per share, is convertible in whole or in part at any time at the holder's election into an equal number of fully paid and non-assessable shares of Class A common stock, and has no expiration date.</footnote>
        <footnote id="F2">The Reporting Person is a trust organized under the laws of Mexico. The Reporting Person, directly and indirectly, owns a 98.06% interest in Grupo MVS, S.A. de C.V. (&quot;Grupo MVS&quot;), which is the controlling entity of  UTRERA, S.A.P.I. de C.V. (formerly Grupo Frecuencia Modulada Television, S.A. de C.V.) (&quot;Utrera&quot;). Utrera is the controlling entity of Cinema Aeropuerto, S.A. de C.V. (&quot;Cinema Aeropuerto&quot;), which directly holds the securities reported on this form. All of the securities reported on this form have previously been reported in filings made by Grupo MVS, Utrera  and Cinema Aeropuerto.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jose Antonio Abad Garcia</signatureName>
        <signatureDate>2018-03-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
