VOICED : Globovision sera vendida

Globovisión, the only remaining critical TV channel in Venezuela, is set to be sold after the presidential elections on April 14. The owners cite political and judicial pressures as reasons for its economic inviability. The channel's broadcast is limited to Caracas and Valencia. A formal purchase offer has been made by a businessman from the banking and insurance sector. Jaime Mantilla of the Inter American Press Association criticized the decision, emphasizing the importance of maintaining independent media in Venezuela. The sale involves 80% of the channel's shares, while the remaining 20% was confiscated by the government three years ago, with ongoing legal efforts to reclaim it.

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