Wednesday, November 25, 2009

América TeVé Takes over CV Network Operations

MIAMI, Nov. 24 /PRNewswire-HISPANIC PR WIRE/ -- América TeVé (Sherjan Broadcasting) today announced a joint venture with CV Network (CaribeVision) to manage the network's operations in the Miami, New York and Puerto Rico markets through the already established channels: CV Network Channel 48 Miami, CV Network Channel 34 New York, and CV Network Channel 24 Puerto Rico.

According to the terms of the agreement, América TeVé will operate, distribute and market CV Network's stations through the América TeVé Network. "Integrating both companies constitutes an opportunity to create new content, consolidate existing programming, develop new markets and access a distribution platform offering greater coverage," said Omar Romay, President and CEO, América TeVé.

Alejandro Orvañanos of CV Network said: "This agreement opens a new page of cooperation between the two networks. I am sure that in the future our cooperation will be even more complete and comprehensive, including news sharing, co-producing programs, and joint purchasing of soap operas and television series, among others."

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