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Caracol Televisión

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Caracol Televisión

Caracol Televisión (Spanish pronunciation: [kˌaɾakˈol tˌeleβisjˈon]) (known as Caracol and previously as Canal Caracol) is a Colombian free-to-air television network owned by Caracol Medios, a unit of Grupo Valorem. It is one of the leading private TV networks in Colombia, alongside Canal RCN and Canal 1. The network distributes and produces 5,000+[citation needed] programs and has aired in more than 80 countries.

Caracol Televisión, as it is known today, began to take shape in 1954, when the Organization Radiodifusora Caracol offered to the Televisora Nacional (the then only TV channel in Colombia later turned into Inravisión, today RTVC Sistema de Medios Publicos) a formula to sustain its operation by means of the concession of certain programming spaces for commercial exploitation. At that time, executives Fernando Londoño Henao, Cayetano Betancur, Carlos Sanz de Santamaria, Pedro Navias and Germán Montoya began to raise the possibility of establishing the first television programming company (or programadora). A year later, in 1955, this idea was accepted; it was decided the rights would be split with the national broadcaster, creating TVC (Televisión Comercial Limitada).

In 1967, the National Institute of Radio and Television, Inravisión, which at the time operated the Canal Nacional, awarded by means of a tender to TVC 45 hours of programming a week.

In September 1969, TVC was transformed into Caracol Televisión S.A., with the primary objective of marketing and producing television programs.

In 1972, Campeones de la risa was born, later known as Sábados felices, a humor program directed by Alfonso Lizarazo until the end of the 1990s, and which still continues in the air as of 2020. Caracol TV would steadily increase its programming output and by the late 1980s it was producing the 20:00 telenovela, a slot including San Tropel, Quieta Margarita, Música Maestro, and Calamar, among others.

Caracol TV was one of the Colombian programadoras which belonged to the Organización de Televisión Iberoamericana as the OTI Colombia consortium, allowing it to become one of the rights holders for the Olympic Games and the FIFA World Cup.

In 1987, the Santo Domingo Group (today Valórem) acquired the shareholding control and begins a technological and administrative modernization.

During the tender that awarded the television spots between 1992 and 1997 in Colombian television, the company became one of the largest concessionaires, with their programs broadcast exclusively in Cadena Uno, now Canal Uno.

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