Venevision Movie Channel Launches on Comcast

MIAMI, September 6: Venevision International’s VeneMovies
channel has launched on Comcast’s CableLatino Hispanic programming package,
which is available in more than 15 markets, including Miami, Boston and
Chicago, among others.

The 24-hour Spanish-language film network delivers
award-winning titles from Mexico, Colombia, Peru, Chile, Venezuela, Spain and
other markets. VeneMovies will add English subtitles for all of its movies in
the coming weeks as well as 20 hours of video-on-demand programming a month to
the Comcast ON DEMAND en Espanol service.

"The Cisneros Group sees VeneMovies as another new
opportunity that will benefit from the group's extensive experience in serving
the needs of the Hispanic consumer and leveraging our diverse media assets,”
said Gustavo Cisneros, the chairman of the Cisneros Group. "This is also
another example of the revolution taking place in American culture and business
that reflects the growing importance of the U.S.-Hispanic market and our deep
commitment and involvement in its growth.”

Luis Villanueva, the president and CEO of Venevision
International, added, "We see VeneMovies as a prime destination for all
movie lovers and a window for Latino film talent to show their exciting new
work. Our slogan, "Enjoy It With Pride" reflects our commitment to
showcasing to U.S. viewers the power and artistic excellence of the world of
Spanish-language film. The channel is also designed to appeal to all the varied
nationalities that comprise the U.S. Hispanic market, offering films of different
genres (action, romance, drama, comedy) from every Spanish-speaking country.”