Venevisión () is a Venezuelan free-to-air television channel and one of Venezuela's largest television networks, owned by the Cisneros Media division of Grupo Cisneros. It was founded in 1961 by Diego Cisneros. It is one of the major telenovela producers in the world, along with Televisa, TV Azteca, Telemundo, TV Globo, Caracol Televisión, RCN Televisión, ABS-CBN, GMA Network and Channel 3.
Venevisión is a major Venezuelan television network founded in 1961 that broadcasts free programming to viewers across the country. It is one of the world's largest producers of telenovelas (Spanish-language soap operas), making it an influential player in global television production alongside networks like Televisa and TV Globo.
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Venevisión () is a Venezuelan free-to-air television channel and one of Venezuela's largest television networks, owned by the Cisneros Media division of Grupo Cisneros. It was founded in 1961 by Diego Cisneros. It is one of the major telenovela producers in the world, along with Televisa, TV Azteca, Telemundo, TV Globo, Caracol Televisión, RCN Televisión, ABS-CBN, GMA Network and Channel 3.
==History== The company's roots date back to June 1, 1953, with the establishment of Televisora Independiente S.A, (TeleVisa), which operated the channel 4 in Caracas and channel 5 in Maracaibo. When TeleVisa went bankrupt in 1959 and 1960, Diego Cisneros purchased the remaining assets of the company. On February 27, 1961, Venevisión (a portmanteau based on the words Venezuela and Televisión, with Venezolana de Televisión as its legal name) was officially inaugurated with a special inaugural ceremony on March 1, 1961, a show in which thousands of people attended, and took place in the station's parking lot. Venevisión began with a capital of 5,500,000 bolívares and 150 employees including artists, administrators, and technical personnel. Venevisión's original administrators were Diego Cisneros (president), Alfredo Torres (transmission manager), Héctor Beltrán (production manager), and Orlando Cuevas (general manager).
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