Si TV Cable Channel Secures $60 Million
Si TV has secured more than $60 million in financing from a group that includes major pay television distributors and several private equity investors including Time Warner Inc., EchoStar Communications and DND Equity Partners.
The Los Angeles-based cable channel, which targets Latino viewers, launched in February with English-language programming that targets 18- to 34-year-old second- and third-generation Latinos.
The channel, in the works since 1998, is controlled by writer-producer Jeff Valdez and entrepreneur Bruce Barshop, the team behind Nickelodeon’s successful family comedy “The Brothers Garcia,” the first English-language sitcom with an all-Latino cast and creative team. The channel has 7 million subscribers nationwide.
Sallie Hofmeister
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
