Televisa and Univision sign deal with Caracol TV
Iñaki Ferreras | 05-12-2012
Mexico's Televisa and US company Univision Communications have signed a long-term agreement with Colombia's Caracol Television to produce and broadcast Caracol content in Mexico and the United States.
Under the agreement, UniMás - Univision's sister network - will broadcast Caracol's contents, comprising soap operas, series, telenovelas and entertainment programmes, in the US.
Through UniMás (formerly TeleFutura), Univision will broadcast a minimum amount of annual hours produced by Caracol during prime time. Televisa will have access to produce and broadcast programmes on Caracol's original broadcast signals and pay-TV in Mexico and Latin America. The agreement is effective from next January.
Gonzalo Cordoba, president of Caracol Television, said: "This agreement is one of the most important international strategic alliances Caracol has signed in its history, considering our firm commitment to globalize the content we create and further expand our reach around the world. Televisa and Univision are the ideal partners to achieve this goal."
Joseph Cane, president of content at Televisa Television Group, said: "Having content for our audiences on Caracol television and pay-television is part of the commitment of Grupo Televisa to transmit the highest quality content and more different genres."