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TV Titan.



VENEZUELA'S CISNEROS GROUP The Cisneros Group of Companies is one of the largest, privately held media, entertainment, telecommunications and consumer products organizations in the world. The Group owns or holds interests in companies ranging from broadcast television, networks and pay television businesses , THE SPRAWLING MULTI-BILlion-dollar conglomerate, is seeking to step up the pace of its multimedia attack on the Americas. Here's the low down on the group's latest moves: * America Online See AOL.  and the Cisneros Group roll out in Brazil any day now. Beaten to the Portuguese punch by Star Media in Brazil, Group CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Gustavo Cisneros Gustavo Cisneros (b. 1945)[1] is a Venezuelan-born media mogul. He is among the world's richest men according to Forbes magazine, which estimates his fortune at $5 billion.  vows, "After Brazil, we shall swiftly move to the markets of Mexico and Argentina and thereafter to the rest of Latin America." * DirecTV Latino targets the U.S. Hispanic market. The satellite TV venture between Hughes Electronics and Cisneros--Brazil's Abril and Mexico's MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space.  Multivision have bowed out as partners due to lack of funds--looks for the Latino market in the United States with Spanish-language programming. * Miami-based Ibero-American Media Partners starts to rumble. The US$500 million strategic alliance with Dallas investment firm Hicks, Muse, Tate & Furst is hunting all sorts of takeover targets from broadcast holdings to new electronic media properties across Latin America. Latest investment was participation in a US$44 million private placement of Argentina's El Sitio. * Venevision gets a global signal. Cisneros' broadcast power base in Venezuela is to become a global channel, Venevision Continental, for Spanish-language soaps operas, talk shows and comedies. This new offering will help boost the group's programming arm, CTG CTG Cartridge
CTG Center for Technology in Government (SUNY, Albany, New York)
CTG Center for Technology in Government
CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) 
, which Cisneros claims is now generating US$80 million annually.
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Author:Hoag, Christina
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3VENE
Date:Dec 1, 1999
Words:224
Previous Article:Global One.
Next Article:Vertical Market.
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