Electus International Signs First Look Deal With Caracol International
Colombian Distributor to Give Electus One-Year Priority Access to Scripted and
Non-Scripted Programming Portfolio
LOS ANGELES, July 18, 2013
LOS ANGELES, July 18, 2013 /PRNewswire/ --Multimedia entertainment studio
Electus, an operating business of IAC (NASDAQ: IACI), today announced that it
has signed a first look deal with Caracol Television. The one-year agreement,
gives Electus first look rights to its scripted and non-scripted programming
catalog. With the first look, Electus, along with its production partner Jay
Weisleder, will develop, pitch and produce Caracol formats into the U.S.
market. This is the first deal of its kind for Electus.
"It is with great pride that Caracol Television joins forces with a company of
such high prestige as Electus," says Lisette Osorio, VP of International Sales
at Caracol Television. "We believe that this alliance will allow us to conquer
the U.S. market. This is the type of partnership that motivates us to continue
to produce universal and unique stories without borders. Electus is always one
step ahead and as content creators we feel that this type of vision will
continue to reach audiences with international appeal."
Caracol programming has adapted shows to air in various countries around the
world, with great success. Their most notable telenovelas to make an
international debut includeSin Tetas no Hay Paraiso,El SecretarioandNuevo
Rico Nuevo Pobre. The mega hitPablo Escobar, The Drug Lordhas been one of
Caracol's most ambitious productions to date, and following this phenomenon
Caracol has continued its high-level production trends with its upcoming
series:Football Dreams and The Voice of Freedom.
"Electus International is thrilled to partner with Caracol Television and
bring its expanding library of stellar Colombian programming to the United
States," says John Pollak, President of Electus International. "Caracol's
proven success and its commitment to develop high quality programming will
allow us to deliver some of the world's best formats to our broadcasting
partners in the United States."
Electus is the first integrated multimedia entertainment studio to unite
producers, creators, advertisers and distributors under one roof and produce
all forms of content for distribution across a variety of platforms around the
world, including: broadcast, cable, digital, OTT and various emerging
technologies. The company connects advertisers, distributors and content
creators early on in the development process, enabling marketers and
advertisers to be true partners in campaigns and content creation. Electus
International, the global distribution arm of Electus, is responsible for all
international sales and distribution for Electus' programming and its studio
partners as well as programs and formats from other well-known 3rd party
providers.Electus is an operating business of IAC [NASDAQ: IACI]. For more
information on Electus, visitwww.electus.com.
Caracol Television distributes Caracol's original and cutting edge
telenovelas, series and entertainment formats. These programs have reached
several continents, crossed cultural and linguistic barriers, and obtained
international recognition for its outstanding ratings throughout the globe.
With fifty years of experience in the tv industry, Caracol's productions are
broadcasted in nearly 100 countries throughout the five continents, and local
adaptations of its scripts have become huge hits all over the world. Caracol
Television's facilities include eleven studios, several of them in HD, adding
up to a total production area of over 215,000 square feet.
Press spacebar to pause and continue. Press esc to stop.