You will be redirected back to your article in seconds

Cisneros TV Group completes buy of Imagen Satelital

The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16).

Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become a Spanish content provider.

Changing channels

Imagen owned a total of nine channels, including Infinito (documentaries) Space (24 hours of movies) Jupiter (24 hours of comedies) I-sat (movies for a younger audience), Uniseries (weekly series) and Venus (adult).

The purchase gives Cisneros the distribution rights to six additional channels: news network Cronica TV, Chilean news channel Universidad Catolica Chile, music channels Much Music and Solo Tango and Spanish channels Galeusca and Galicia.

More TV

  • Wowow Acquires ‘The Good Doctor’ for

    Wowow Acquires ‘The Good Doctor’ for Japan

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • IT Crowd

    NBC Developing 'IT Crowd' Remake With Original Series Creator Graham Linehan (EXCLUSIVE)

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • Hasan Minhaj

    TV News Roundup: Hasan Minhaj Joins NBC's 'Champions' in Guest Role (EXCLUSIVE)

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • Sony's Tony Vinciquerra: Disney-Fox 'Creates Opportunities'

    Sony's Tony Vinciquerra: Disney-Fox 'Creates Opportunities'

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • Mayweather McGregor fight

    Floyd Mayweather-Conor McGregor Fight Is Second Biggest Pay-Per-View of All Time

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • What Disney Bought in the Fox

    What Disney Bought: A Billion-Dollar Breakdown of Assets

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

  • Actor Dustin Hoffman poses for photographers

    Dustin Hoffman Accused of Exposing Himself to a Minor, Assaulting Two Women (EXCLUSIVE)

    The Venezuelan-based Cisneros Television Group (CGT) completed its acquisition Wednesday of 90% of Imagen Satelital, Argentina’s largest pay-box programmer and distributor, for a total of $112 million, $5 million more than previously reported (Daily Variety, May 16). Gustavo Cisneros, chairman and CEO of the group, said the acquisition proves the Cisneros Group’s commitment to become […]

More From Our Brands

Access exclusive content