TV13 of Colombia signed a letter of intent last week with a Cisneros group company to form a strategic alliance to produce broadcast, cable and a satellite news program within Colombia and for other Spanish-lingo markets.
TV13 produces Colombia’s Noticiero QAP, a news program whose owners include Nobel Prize-winning author Gabriel Garcia Marquez. The Venezuela-based Cisneros group’s media interests include Venevision at home, a stake in Univision in the U.S., and a share of satcaster Galaxy Latin America.
The joint venture aims to produce programming for Colombia broadcast and pay TV next year. The company will later produce programming for Latin America and the Spanish-speaking market in the U.S.