BUSINESS

WarnerMedia to own HBO-branded services in Spanish-speaking Latin America, the Caribbean

29/10/2019 03:49 PM

KUALA LUMPUR, Oct 29 -- WarnerMedia, a leading media and entertainment company has reached an agreement to buy Ole Communications’ minority stake in HBO Ole Partners, the joint venture between WarnerMedia and Ole Communications.

 When the transaction closes, WarnerMedia will own 100 per cent of all HBO, MAX, Cinemax and HBO Go services in Spanish-speaking Latin America and the Caribbean.

Ole Communications is an international multi-media company and a pioneer in the Latin American pay television industry.

WarnerMedia and Ole Communications will continue their basic channel distribution business in Latin America.

The transaction is expected to be completed following the granting of relevant regulatory approvals.

Upon completion, HBO Ole Partners will fall under the purview of WarnerMedia chief revenue officer and WarnerMedia International Networks president, Gerhard Zeiler.

The ownership structure of HBO Brasil Partners, another joint venture between the companies that operates HBO in Brazil, is not affected at this time. 

WarnerMedia and Ole Communications brought HBO programming services to the region for the first time when they founded the HBO Ole Partners joint venture in 1991 and launched a Spanish-language HBO-branded premium channel that same year.

-- BERNAMA


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2025 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy