RCTV International (formerly known as Coral Pictures or Coral International) is a subsidiary of
Empresas 1BC. It was formed in
Miami,
Florida in 1982 as Coral Pictures to be the international distributor of RCTV's productions.
In 1986, the company had bought out the assets of
Ziv International from
Lorimar-Telepictures
Lorimar-Telepictures Corporation was an entertainment company established in 1985 with the merger of Lorimar Productions, Inc. and Telepictures Corporation. Headquartered at the former Metro-Goldwyn-Mayer Studios (now Sony Pictures Studios) ...
for an undisclosed price, in exchange, L-T received a minority 20% stake in the two Puerto Rico stations owned by RCTV.
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.
References
External links
* {{Official website, www.rctvintl.com
Companies based in Miami
Television channels and stations established in 1982
1982 establishments in Florida
Empresas 1BC subsidiaries
International