Cisneros is certainly the real deal:
cisneros.com
With over 70 companies in 39 countries and annual revenues of $4 billion, the Cisneros
Group of Companies is one of the largest privately held broadcasting, media, technology
and telecommunications organizations in the world.
One of the cornerstone investments of the Cisneros Group is America Online Latin
America, a partnership with AOL that provides global interactive services to the region.
With more than 300,000 subscribers, the company completed a successful IPO in
August 2000 and trades under the ticker AOLA.
In 1995, the Cisneros Group partnered with Hughes Electronics to form DIRECTV Latin
America. With over 1.5 million subscribers, DIRECTV Latin America broadcasts 144
channels to 27 countries, as well as providing a complete range of the most
technologically advanced interactive services, such as online banking, telephony and data
transmission.
The Cisneros Group is the largest shareholder of Univision, the most watched television
network among the 35 million Hispanics in the United States, and in Galavision, the
leading U.S. Spanish-language cable television network. Univision has an 86% market
share and is the 5th largest network in the U.S.
The Cisneros Group’s flagship broadcasting property is Venevision. Purchased in 1961, it
is the leading television network in Venezuela and distributes programming globally
through Venevision International, based in Miami. |
