In 2019, Pongalo merged with Discovery Communications-backed VIX, and rebranded its streaming service as VIX. In 2021, the combined company was acquired by US Hispanic media leader TelevisaUnivision. Pongalo's streaming service (now known as TelevisaUnivision's ViX) was the first and largest streaming service created specifically for the global Spanish-speaking market. Originally launched with a subscription model, Pongalo quickly followed its English-language peers Pluto and Tubi, and evolved into an ad-supported offering, becoming the #1 Hispanic streamer in both the U.S. and Latin America. The company built one of the largest IP libraries of Latino-focused films and TV shows featuring both original and licensed titles from major content owners throughout Latin America and Hollywood. Pongalo was originally created through a roll-up, led by Avalanche! Capital, of multiple Latino media companies, including Latin Anywhere, Manana Media, Latin Mex, Latin Media and others. Key partnerships with major distribution partners included Apple, Google and Amazon, where, in particular, the company became one of the largest suppliers of Hispanic content to Amazon Channels. Pongalo was named as one of the 101 Best Startups in Los Angeles by Best Startup. The company's institutional shareholders included Avalanche! Capital, Revolution Studios (Carlyle/Content Partners), Canyon Creek Capital, Digital Bridge, 500 Global, and others.