OLE DISTRIBUTION TO ASSUME BASIC CHANNEL DISTRIBUTION BUSINESS IN SPANISH-SPEAKING LATIN AMERICA

Helmed by former Turner Latin America President Juan Carlos Urdaneta, the new company will distribute A&E, AXN, E!, History, History2, IVC, Lifetime, Sony, Studio Universal, SyFy, Telemundo Internacional (excluding Mexico), Universal TV, and Warner Channel throughout all of Latin America.
Urdaneta, in the role of President, will lead a team of well-known industry veterans, including former Fox executive Fernando Iturriaga as Executive Vice President of Sales and Business Development, former Ole Communications, AMC and Discovery executive Gustavo Lopez as Chief Operating Officer and former Sony executive Russell Kline as Senior Vice President of Finance.
“I’m excited to return to this dynamic industry at such a pivotal time, leading a company with such a strong portfolio of channels and confident that this top-tier management team will continue to grow and strengthen the long-standing relationship built by HBO Ole Distribution between this iconic group of networks and our distribution partners throughout the region as we enter an exciting new phase in the video content delivery business,” said Urdaneta.
About Ole Communications
Ole Communications is an international multi-media company and a pioneer in the Latin American pay television industry. The Company’s various joint ventures include Ole Distribution, Ole Brasil Distribution, A+E Networks Latin America, NBCUniversal International Networks Spanish Latin America, IVC Networks and PlayGround Americas, offering Latin American audiences such iconic networks as A&E, AXN, History, History2, IVC, Lifetime, E! Entertainment, Studio Universal, Sony, SyFy, Telemundo Internacional, Universal TV and Warner channel. Ole Communications, through its VC Medios affiliates, also provides its joint ventures and strategic partners with advertising sales representation, broadcast, languaging, and production services.
About WarnerMedia
WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content from a diverse array of talented storytellers and journalists to global audiences through its consumer brands including: HBO, HBO Now, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and others. WarnerMedia is part of AT&T Inc. (NYSE:T).