Bilingual network owner LATV Networks announced that it has acquired American Latino TV, a syndication and production company that specializes in English-language television shows created by and for bicultural/bilingual US Latinos. Terms were not disclosed, but it was described as a “multi-million dollar” agreement.
“LATV and American Latino TV have both been at the forefront of shaping the bi-cultural programming marketplace by delivering unique, compelling programming to an ever-growing audience. The synergies between the two companies made it a natural acquisition for LATV as we continue with our mission of reaching today’s Hispanic youth market,” said Howard Bolter, LATV President and COO.
LATV has been deploying its network on digital multicast channels of major TV stations. Post-Newsweek Stations is a minority owner of the company.