Fuego Entertainment to Launch ‘Citytv Puerto Rico’ on August 25, 2006.
June 11, 2006
Fuego Entertainment, Inc. announced that it will launch a full-service television station in San Juan, Puerto Rico, through an exclusive agreement with Eastern Television Corporation. “Citytv Puerto Rico” will replace Encuentro Vision, WRUA TV, Channel 34. Fuego Entertainment will implement the Citytv format in Puerto Rico under a licensing agreement with CHUM
International.
“Citytv Puerto Rico” will deliver locally-focused programming, celebrating and reflecting the local culture of the community. “It has always been our goal to expand into television broadcasting and leverage our expertise of the US-Hispanic media market. We intend to deliver a strong local voice to the island of Puerto Rico,” said Hugo Cancio, President and CEO of Fuego Entertainment. “Citytv Puerto Rico” will broadcast in Spanish and be available as over the air broadcast and via cable to the approximately 4 million residents of Puerto Rico.
The Company will manage and operate “Citytv Puerto Rico” through its wholly-owned subsidiary Ciudad TV, Inc. Fuego Entertainment owns 95% of the venture. Juan Pablo Santos, through R.O.C. Productions, owns 5% of the venture, will serve as vice-president of “Citytv Puerto Rico” and will serve as a member of the board of directors of Fuego Entertainment.