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América TeVé Takes over CV Network Operations

MIAMI, Nov. 24 /PRNewswire-HISPANIC PR WIRE/ -- América TeVé (Sherjan Broadcasting) today announced a joint venture with CV Network (CaribeVision) to manage the network's operations in the Miami, New York and Puerto Rico markets through the already established channels: CV Network Channel 48 Miami, CV Network Channel 34 New York, and CV Network Channel 24 Puerto Rico.

According to the terms of the agreement, América TeVé will operate, distribute and market CV Network's stations through the América TeVé Network. "Integrating both companies constitutes an opportunity to create new content, consolidate existing programming, develop new markets and access a distribution platform offering greater coverage," said Omar Romay, President and CEO, América TeVé.

Alejandro Orvañanos of CV Network said: "This agreement opens a new page of cooperation between the two networks. I am sure that in the future our cooperation will be even more complete and comprehensive, including news sharing, co-producing programs, and joint purchasing of soap operas and television series, among others."

Joining Romay (President and CEO, América TeVé) in signing the agreement were: Damaso Quintana (Deputy Director to the General Director of Management & Operations, Telecinco), Alejandro Orvañanos (President and CEO, CV Network), Emilio Braun Burillo (Vice President of Marketing, CV Network), Angel Santamaria (CFO, CV Network), and Carlos Barba (President, CaribeVisión Holdings).

About América TeVé
WJAN America TeVe is South Florida's first independent channel. Since its inception 10 years ago, the channel has become known for its dynamic, varied and entertaining live programs, including entertainment, news and sports segments, and the public's favorite talk shows. America TeVe also broadcasts 95% of Hispanic households' favorite shows in Miami Dade and Broward counties, making it the most-watched channel among viewers, who enjoy its programming every day. To satisfy its audience, WJAN America TeVe broadcasts 24 hours a day, Sunday to Monday, and its programs enjoy extensive coverage on leading Multiple Systems Operators (MSO) such as Comcast, Atlantic Broadband, DirectTV, and Dish Network, among others. America TeVe has an Internet portal featuring a wide variety of local and world news, making it one of the channel's most important and dynamic interactive services. Visit the company's website at www.americateve.com

About CV Network
CV Network is a Hispanic television network which currently reaches more than 4.5 million Hispanic households in the main cities of the US, including Miami, New York, Puerto Rico and Chicago. CV Network is owned by Pegaso Television (Pegaso, Telecinco and Quantek). CV Network broadcasts entertainment, news, sports and the best in Spanish programming -- from comedy to journalism -- 24 hours a day, 7 days a week, thanks to its alliance with Telecinco. CV Network is widely distributed by the nation's leading Multiple Systems Operators (MSO), including Time Warner Cable, Comcast, Choice Cable, Liberty Cable, and One Link Communications, among others.

FORE MORE INFORMATION, VISIT AMERICA TEVE'S HOME PAGE:
www.americateve.com

Press and media:
Vladimir Gomez
America TeVe Network
CV Network
(305) 592-4141, Ext. 391
vladimir.gomez@americateve.com
vgomez@cvnetwork.tv

NOTE TO EDITORS: A high-resolution image is posted at www.hispanicprwire.com

SOURCE América TeVé


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