Tag Archives: TVN

Chile: Government approves TVN’s capitalization

The Budget Office approved a USD 22,3 million capitalization of state-owned broadcaster TVN. The figure is less than the USD 47 million that the Congress approved for the channel in January. The agency reported that it complied with Law 21.085, which authorizes the Treasury to capitalize TVN with USD 22,3 million “for investment projects that [...]

Chile’s TVN doubles losses

Chilean free-to-air channels presented their financial results for the first half of 2018. According to the data, the state-owned channel TVN doubled its losses compared to the same period last year. Mega and Canal 13 reported positive results. TVN reported losses of CH$ 9,024 million (USD 13.1 million). The channel said the results are explained [...]

TVN duplica sus pérdidas en Chile

Los canales de TV abierta de Chile presentaron sus resultados financieros al cierre del 1H18. De acuerdo a los datos, la señal estatal TVN duplicó sus pérdidas con respecto al primer semestre del año pasado. Mega y Canal 13 tuvieron resultados positivos. TVN reportó pérdidas por CH$ 9.024 millones (USD 13,1 millones). Según el canal, [...]

Chilevisión and TVN increase losses

According to data from the first quarter of 2018, Chilean free-to-air channels Chilevisión (Turner) and TVN increase their losses compared to a year ago, while Mega was the only channel that reported profits. Chilevisión recorded losses of Ch$ 5,790 million (USD 9.1 million) compared to Ch$ 4,940 million (USD 7.8 million) in 2017. TVN reported [...]

Chilevisión y TVN aumentan sus pérdidas

De acuerdo a datos del primer trimestre de 2018, los canales de TV abierta Chilevisión (Turner) y TVN de Chile profundizaron sus pérdidas en relación al año anterior, mientras que Mega fue la única señal que reportó utilidades. Chilevisión registró pérdidas por Ch$ 5.790 millones (USD 9,1 millones) frente a los $Ch 4.940 millones (USD [...]

TVN reduces losses in 2017

Chilean broadcaster TVN has recorded losses of USD 15 million in 2017, an improvement of 39% compared to the USD 24 million registered in 2016, according to Diario Financiero. In turn, the stated-owned channel reported revenues of USD 84 million, an increase of 6% compared to 2016. During the year, the channel’s administration has carried [...]

Canal 13, TVN submit joint bid for Viña del Mar Festival TV rights

Chilean TV networks Canal 13 and TVN submitted a joint bid for Viña del Mar TV rights, for the 2019-2022 period. According to local media, the offer is higher than the one presented by Chilevisión, while Mega decided not to participate in the process. The winner will be officially announced in April. For this tender [...]

Chile’s Senate approves TVN’s capitalization

The Chilean Senate approved with 23 votes in favor, six against and one abstention the capitalization of public network TVN, which includes an injection of USD 65 million and the creation of a cultural channel. This way, the Senate approved the report of the Mixed Commission. The document had already received approval in the Chamber [...]