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RCTV International

From Wikipedia, the free encyclopedia
RCTV International Corporation
TypeSubsidiary of Empresas 1BC
IndustryMedia
GenreTelevision
Founded19 April 1982; 44 years ago (1982-04-19)
Headquarters
Miami, Florida
,
United States
Area served
Africa, Asia, Europe, Latin America, Middle East, North America
ParentRadio Caracas Television RCTV, C.A. (Empresas 1BC)
SubsidiariesRCTV Productions, RCTV Play, RCTV International Television
Websitehttps://www.rctvinternational.com/

RCTV International Corporation (formerly known as Coral Pictures or Coral International) is a Venezuelan-American subsidiary of Empresas 1BC. Its main headquarters are in Miami, Florida, and has offices in Caracas, Venezuela.

The company was founded in 1982 as Coral Pictures to be the international distributor of RCTV's productions.

History

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In 1976, Teverama Florida C.A. is created by RCTV and Venevisión to distribute both of their works internationally. In 1982, RCTV separated from this company, creating Coral Picutres C.A.

In 1986, the company purchased the assets of Ziv International from Lorimar-Telepictures for an undisclosed price, in exchange, L-T received a minority 20% stake in the two Puerto Rico stations owned by RCTV.[1]

In 2006, Coral Pictures was renamed RCTV International Corporation.

RCTV moved to cable in 2007 after the Venezuelan government of Hugo Chavez refused to renew its terrestrial license. In 2010, Venezuelan President Hugo 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]

In 2020, SOMOS Distribution acquired the rights to distribute RCTV's telenovelas, series, and other audiovisual content in the Americas.[3]

In 2023, Big Media Signed a deal with RCTV International Corp to become a distributor for its catalog around the world, and for the exclusive distribution rights in Europe and Asia.[4]

References

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  1. "L-T's Ziv Unit Sold to Coral Pictures". Variety. 1986-11-19. pp. 34. 68.
  2. "Venezuela TV channels taken off air, BBC UK". Retrieved March 7, 2014.
  3. "Luis Villanueva's company assumes the distribution of RCTV's catalog of telenovelas, series, and other audiovisual contents in the Americas".
  4. "Big Media Signs on as Exclusive Global Distribution Partner for RCTV International for Telenovelas and Entertainment (EXCLUSIVE)". Retrieved July 1, 2026.
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