Caracol Selects Two of PanAmSat's Strongest Cable Neighborhoods for Program Distribution on Three Continents Leading Colombian Broadcaster Expands its Reach to Audiences in South America, Europe and North America WILTON, Conn., March 25 /PRNewswire-FirstCall/ -- PanAmSat Corporation today announced that Caracol Television S.A, the leading broadcaster in Colombia, has chosen PanAmSat's PAS-9 Atlantic Ocean Region satellite to distribute its global programming under the brand name Caracol TV Internacional throughout South America and Europe as well as Galaxy 13, the company's newest satellite, for delivery to North America. "PanAmSat is a leader in satellite delivery in Latin America and is home to the premier cable neighborhoods in the U.S. With this kind of penetration, we offer customers such as Caracol the far-reaching distribution they need to take their product globally," said Mike Antonovich, senior vice president of Global Sales and Marketing for PanAmSat. "A long-time customer, Caracol chose PanAmSat for its reliability and the expanded, varied service it offers to grow its international network." Under the terms of the agreement, Caracol, a major customer on the PAS-9 satellite for programming distribution in its native Colombia, will now use the spacecraft for content delivery throughout Latin America and Europe. As one of the world's largest co-producers of soap operas, it will also use PanAmSat's Napa teleport for delivering its popular entertainment content to the Hispanic communities in North America via the Galaxy 13 satellite. "PanAmSat operates one of the top cable neighborhoods for video distribution in Latin America making it possible for us to capture a substantial share of the Colombian television market," saidLuis Calle, vice president of Production Services for Caracol Television Internacional. "As one of Latin America's pioneer co-producers of soap operas, our novelas, series and soap operas have proven extremely successful overseas and, with this expansion, we will be able to reach the growing Spanish-speaking communities around the world." Caracol TV Internacional offers live entertainment and news from Colombia as well as many of the most successful productions that have been broadcast in Colombia and throughout Latin America. PAS-9, a Boeing 601 HP model satellite employing 24 C-band and 24 Ku-band transponders, operates at 58 degrees west longitude and offers comprehensive coverage of the Americas, the Caribbean and Europe. The satellite serves more than a dozen of the world's most prominent broadcasters including United Kingdom's BBC, China's CCTV, Germany's Deutsche Welle, Japan's NHK and Portugal's RTP. Galaxy 13/Horizons-1, a Boeing 601HP, has 24 C-band and 24 Ku-band transponders covering the continental United States, Alaska and Hawaii and home to some of the industry's premier video broadcasters including Charter Communications, E!, and the Starz Encore thematic channels. In addition, Galaxy 13 is home to the first and major HD neighborhood in the U.S that includes top programming networks such as: Cinemax HD, TBS, HBO, Starz! HD and HDNet. About Caracol Television S.A. Caracol Television S.A. is the leading broadcaster in Colombia and has been a top-quality producer for 35 years. Caracol's soap operas have aired in more than 40 countries worldwide. Latin America and the Hispanic population residing in the U.S. have been natural markets for Caracol where the Company's productions have been extremely successful. Caracol has also specialized in the transmission of special events with state-of-the-art technology and a highly skilled team. For more information, visit the company's web site at http://www.caracoltvinternacional.com/. About PanAmSat PanAmSat Corporation (NASDAQ:SPOT) is one of the world's top three satellite operators managing a global fleet of 30 satellites, 25 of which are wholly-owned by the Company, for the delivery of news, sports and other television programming. In total, this fleet is capable of reaching more than 98 percent of the world's population through cable television systems, broadcast affiliates, direct-to-home operators, Internet service providers and telecommunications companies. In addition, PanAmSat supports the largest concentration of satellite-based business networks in the US, as well as specialized communications services in remote areas throughout the world. PanAmSat is 81 percent owned by The DIRECTV Group, Inc. For more information, visit the company's web site at http://www.panamsat.com/. The DIRECTV Group, Inc. The DIRECTV Group, Inc. (NYSE:DTV), formerly Hughes Electronics Corp. (NYSE:HS), is a world-leading provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting. The DIRECTV Group is 34 percent owned by Fox Entertainment Group, which is approximately 82 percent owned by News Corporation Ltd. DATASOURCE: PanAmSat Corporation CONTACT: Kathryn Lancioni of PanAmSat Corporation, +1-646-293-7415 Web site: http://www.panamsat.com/ http://www.caracoltvinternacional.com/

Copyright

Spotify Technology (NYSE:SPOT)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Spotify Technology Charts.
Spotify Technology (NYSE:SPOT)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Spotify Technology Charts.