Coral Gables, FL–(HISPANIC PR WIRE)–June 8, 2007–Terra Networks, the leading Internet portal for the U.S. Hispanic audience, has deepened its already existing partnership with JumpTV (AIM, TSX: JTV), the world’s leading broadcaster of ethnic television over the Internet, to significantly expand its Internet television offerings available through Terra TV.
As part of the expanded partnership between the companies, online television viewers of Terra TV in the U.S. will now have unlimited access to more than 70 live channels from around the world on a free, ad-supported basis. This extension of the Terra and JumpTV alliance, which already makes 70+ channels available in 17 countries through Terra Latin America, represents tens of thousands of hours of live programs per month, previously unavailable to the millions of Terra Networks visitors in the U.S.
As of today, approximately 20 channels have been made available at: http://terramundo.us.terra.com and the companies intend to launch more than 50 additional channels in the next several weeks.
“The additional channels available through JumpTV adds great breadth and options to Terra TV’s selection and allows our users to connect to their homelands through the viewing of familiar and favorite programs,“ stated Fernando Rodriguez, CEO for Terra Networks. “This is a welcomed benefit to our audience as they will have free access to programs and channels from across the globe without the expense of satellite or digital cable.”
Terra.com users will receive live, streaming video feeds from more than 30 countries. Channels with which Spanish-speakers may be familiar include: Televida (Colombia), Vea Canal (Guatemala), Canal 100% Noticias (Nicaragua), Bolivisión (Bolivia), ETB Sat (Spain) and many more. There are also a slew of program offerings from Asia, Europe, Africa and the Middle East. Channels are subdivided by content allowing viewers to select from among popular categories such as news, sports, education, music and entertainment.
“Our partnership with the U.S. arm of Terra Networks is an expansion of our important multi-year agreement with Terra Latin America. We selected Terra Networks as one of our key global partners because of their strong Internet market share throughout Latin America and depth of understanding of the U.S. Hispanic market,” stated Kaleil Isaza Tuzman, president and chief operating officer of JumpTV.
According to eMarketer, despite the increase in Internet consumption, TV video viewership has not declined but has, in fact, increased. This may change as people become accustomed to online television which offers the convenience of watching while on the road or simply on the move. Another factor that affects traditional media usage is the adaptation of technology by younger generations, especially Hispanics who more easily embrace modern entertainment methods.
About Terra Networks Operations, Inc.
Terra Networks is a global Internet group with a presence in the U.S. and Latin America. The group operates some of the most popular Web sites in the United States, Spain and Latin America, and is the largest access provider in Spain and Latin America.
Terra.com (http://www.terra.com) is the U.S. Hispanic arm of the Terra Networks group providing portal and value-added services to Spanish speaking users in the U.S. Terra is a leader in the U.S. Hispanic online market according to comScore Media Metrix and Nielsen/NetRatings.
Live Television From Around the World — online, anytime, anywhere. JumpTV (AIM: JTV) (TSX: JTV) is the world’s leading distributor of live Internet television. With over 290 TV channels from 75+ countries, JumpTV delivers full-screen news, sports and entertainment content on a real-time basis from all corners of the globe to computers, Internet-enabled TV sets, IP set-top-boxes and cell phones with browser access. http://www.jumptv.com