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RCTV International (formerly known asCoral Pictures orCoral International) is a subsidiary ofEmpresas 1BC. It was formed inMiami,Florida in 1982 as Coral Pictures to be the international distributor ofRCTV's productions.
 | |
| Company type | Subsidiary ofEmpresas 1BC |
|---|---|
| Industry | television distribution |
| Founded | 1982 |
| Headquarters | , |
Area served | Africa,Asia,Europe,Latin America,Middle East,North America |
| Parent | Radio Caracas Television RCTV, C.A. (Empresas 1BC) |
| Website | Official homepage |
In 1986, the company had bought out the assets ofZiv International fromLorimar-Telepictures for an undisclosed price, in exchange, L-T received a minority 20% stake in the two Puerto Rico stations owned by RCTV.[1]
RCTV moved to cable in 2007 after the Venezuelan government ofHugo Chavez refused to renew its terrestrial license. In 2010, Venezuelan PresidentHugo Chavez had taken six cable television channels off the air, including RCTV International, for breaking a law on transmitting government material. The government had urged cable services to drop channels ignoring the rules.[2]
References
edit- ^"L-T's Ziv Unit Sold to Coral Pictures".Variety. 1986-11-19. pp. 34. 68.
- ^"Venezuela TV channels taken off air, BBC UK". RetrievedMarch 7, 2014.