Profile: Claxson Interactive Group Inc (XSONF.PK)
20 Aug 2008
Claxson Interactive Group Inc. (Claxson), incorporated on October 16, 2000, is a multimedia provider of branded entertainment content to Spanish and Portuguese speakers worldwide. The Company combined assets in pay television, and broadband and Internet to create an integrated media company with a portfolio of entertainment brands and multiple methods of distributing its content. The Company’s pay television business consists primarily of its Playboy TV Latin America joint venture. In October, 2007, the Company announced that it had closed the sale of its seven Basic Pay TV Networks and related businesses to Turner Broadcasting System, Inc. In July, 2007, the Company completed the sale of its eight radio networks operations in Chile. Also, in July, 2008, the Company completed merger with its subsidiary, Remainco Inc. As a result of the merger, Claxson completed its going private transaction and became a privately held company.
Playboy TV Latin America is a joint venture that was created between the Cisneros Group and an affiliate of Playboy Enterprises, Inc. A subsidiary of Claxson owns 81% of Playboy TV Latin America and an affiliate of Playboy Enterprises, Inc. owns the remaining 19%. Playboy TV Latin America has a presence in Latin America and Iberia and owned, operated and distributed four pay television adult entertainment channels, such as Playboy TV, Venus, Private Gold and G-Channel on a premium and pay-per-view basis.
In addition to the adult entertainment channels the Company operates through its joint venture and a technical services facility in Florida. It also owns a 31% interest in DMX Latin America, a joint venture with DMX that offers digital music channels throughout Latin America and the United States Hispanic market. Digital Latin America, LLC, which the Company refers to as Digital Latin America, a company in which it has a 48% equity investment, offers a digital solution to cable systems by operating a digital network through satellite transmission.
Playboy TV is owned, operated and distributed throughout Latin America, Spain and Portugal by Playboy TV Latin America. Playboy TV Latin America offers adult entertainment, which generally can be purchased monthly as a premium channel or on a pay-per-view basis. A portion of Playboy TV Latin America’s programming is originally produced by the Company’s joint venture to tailor to the Ibero American market and is customized according to regional preferences.
Venus is a pay-per-view adult content channel targeted specifically to the Latin American audience. Venus offers themed features, specials and weekly shows to demanding subscribers. Venus brings a variety of adult genres and programming. G-Channel is an adult content pay-per-view channel targeted specifically to gay males featuring films and features containing gay male themes. Private Gold is an adult channel offering content under the Private brand, an adult film producer. Its programming comprises a rotating digital library of 500 original films produced by the Private Media Group. Lifestyle TV is a basic channel with lifestyle oriented programming. The Company owns 31% of DMX Latin America. DMX Latin America also develops and delivers music services to a small number of retail and commercial establishments in Latin America. Digital Latin America, LLC offers a digital programming solution to cable companies by operating a digital network through satellite transmission, including an interactive programming guide, digital music offerings and pay-per-view Hollywood movies. Digital Latin America reached approximately 1.1 million subscribers as of December 31, 2006.
Broadband and Internet Business
On May 2007, the Company re-launched a version of the platform branded as Mixplay.tv. Mixplay.tv offers features video and audio streaming and video-on-demand, and a community engine that allows users to personalize their content creating their own playlists inside Mixplay.tv. This interface was specially designed to run in broadband platforms, such as cable modem, asymmetric digital subscriber line (ADSL), wireless and satellite (DirectPC). In addition, for a limited time the Company is offering users the option to acquire content by downloading it via a modern e-license system (digital right manager). In April 2006 the assets of the Broadband and Internet division were contributed to a newly created subsidiary named ESDC S.A.
ESDC S.A. is offering through some multiple system operators and telecommunication networks in Latin America a range of content tailored to the interests of its target audience on a video-on-demand basis (such as family, news, sports and adult content) with owned and third-party brands, such as Reuters, FoxSport, Playboy and other content producers. ESDC S.A. is distributing more than 2,000 digitized videos Mixplay.tv, as well as Venus and Playboy TV clips for adult entertainment, Infinito documentaries, current events and information, MuchMusic music and video tutorials, via other owned Websites.
The Company competes with Time Warner, Viacom, Liberty Media, Disney, News Corp. and Televisa.
Claxson Interactive Group Inc
Calle Jose Melian 2780
BUENOS AIRES C1430EYH