Turner Broadcasting acquires Chilevision.

Posted: 28 Aug 2010   Print   Send a link
The Hollywood Reporter, 25 August 2010, Georg Szalai: "Time Warner's Turner Broadcasting System continues to expand abroad. The company has agreed to acquire Chilean broadcast network Chilevision for about $150 million. It is owned by Chile's president Sebastian Pinera who promised to sell his business interests, which also include an airline and more, before he assumed the presidency in March. The channel is known for celebrity shows, news and telenovelas. Turner said it is the most profitable free-to-air broadcaster in Chile and 'one of the industry leaders in audience and ratings.'"