VeneMovies Celebrates One-Year Anniversary

MIAMI, September 21:
VeneMovies, a 24-hour pay-TV Spanish-language movie channel from Venevision
International, celebrates a year of being on the air in the U.S. and Puerto
Rico with expanded distribution through Comcast, Cablevision, Cox, OneLink
Communications and Liberty.

Venevision International,
a Spanish-language film distributor in the U.S., decided to launch the channel
12 months ago because it recognized the need in the Hispanic market to generate
a high-quality film outlet for pay-TV, while simultaneously exploiting the
potential of the largest library of movies, from Latin America and Spain,
originally produced in Spanish. The channel currently programs more than 200
films a year.

VeneMovies also offers a
video-on-demand service with 20 hours of award-winning films a month, along
with a website, www.venemovies.com, that offers current information about
international film festivals, daily news of the international film scene,
detailed programming information, trailers and a daily newsletter that is sent
out to all subscribers.

VeneMovies is also
currently in the final stage of negotiations with other operators. As part of
its growth and diversification strategy, Venevision International is also
working on launching other channels to fortify its presence in the U.S. Latin
and Puerto Rico markets.

Luis Villanueva, the
president and CEO of Venevision International, commented: “At Venevision
International, we are celebrating the extraordinary reception given to
VeneMovies by the television audience and cable companies. We have experienced
an accelerated growth during this first year, and we are determined to provide
our viewers with only the best Spanish-language films, from the most
comprehensive catalogue of current Latin films available in the market. We are
proud of our operations team, which has been able to produce a high-quality
broadcast with an on-air look that meets and supersedes the norm of this
competitive market. There is nothing more for us to say other than we take
pride in enjoying something that is made in the United States for the Hispanic
market, thinking of them and our commitment to support our art, our film
industry, and our artists.”