Caracol Selects Two of PanAmSat's Strongest Cable Neighborhoods for Program Distribution on Three Continents
March 25 2004 - 9:30AM
PR Newswire (US)
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
Spotify Technology (NYSE:SPOT)
Historical Stock Chart
From Nov 2023 to Nov 2024