Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, November 14, 2008

Teleset invests US$ 4.2 mn in building TV Studios for HD productions

In order to address demand of international production of series and contests in high definition, producer Teleset will build two television studios in Tocancipá, which will be ready in 2009. The first stage will require an investment of around US$ 3.4 and US$ 4.2 million. The second stage expects building a three more studios.

Additionally, Teleset entered into a distribution agreement with Sony Pictures Television International. The company of the local group "Si hay ideas", will represent and distribute globally "La ruleta del amor". This business is important because it is the first Colombian original format being sold abroad to start being produced anywhere in the country next year.

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