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This excerpt taken from the LBTYA 10-K filed Jun 18, 2007. Description
of business
Torneos y Competencias S.A. (“TyC” or the
“Company”) is an independent producer of Argentine
sports and entertainment programming that, through various
affiliates, operates a sports programming cable channel;
commercializes rights to televise sporting events via cable,
satellite and broadcast television; and manages two sports
magazines and several thematic soccer bars. TyC’s emphasis
is on soccer, and it has an exclusive agreement (except for
certain cable broadcast rights held by an affiliate) with the
Asociación de Fútbol Argentino, or
“AFA”, to produce and distribute programs related to
matches between clubs in the Argentine professional soccer
leagues. This agreement expires in 2010 unless extended to 2014
at TyC’s request. TyC produces or co-produces, with its
three television studios and the production facilities of its
production partners, a number of soccer-based programs, such as
Fútbol de Primera, El clásico del Domingo and
Fútbol de Verano.
TyC has interests in two magazines: El Grafico, which covers
Argentine and international sports, with special emphasis on
soccer; and Golf Digest, the Argentine and Chilean editions of
the American golf magazine.
TyC also has the rights to broadcast friendly summer season
tournaments in different Argentine cities through 2007.
The Company’s principal shareholders are:
TyC’s 50% — owned affiliate, Televisión
Satelital Codificada S.A., or “TSC” holds the
commercial rights in Argentina, with certain exceptions, to
televise selected official soccer matches of AFA’s Premier
Ligue. TSC sells the rights to televise specific matches to
cable operators, to an over-the-air broadcast television channel
in and around Buenos Aires and, in certain cases, exclusively to
the TyC Sports Channel.
Another 50% — owned affiliate of TyC, TELE-RED
Imagen S.A., or “TRISA” owns the TyC Sports
Channel, the first dedicated sports cable channel in Argentina,
which packages soccer programming co produced by Torneos and
other sporting events to which TRISA holds commercial rights.
TRISA also holds commercial rights to produce and distribute
certain motor car racing, basketball and boxing events.
T&T Sports Marketing Inc. (“T&T”), a
50% — owned affiliate of the Company, has entered into
agreements with the “Confederación Sudamericana de
Fútbol (“Conmebol”) for the acquisition of
the “Copa Libertadores” and “Copa
Sudamericana” broadcasting rights up to 2010. See Notes
4 and 6.
This excerpt taken from the LBTYA 10-K filed Mar 1, 2007. Description
of business
Torneos y Competencias S.A. (“TyC” or the
“Company”) is an independent producer of Argentine
sports and entertainment programming that, through various
affiliates, operates a sports programming cable channel;
commercializes rights to televise sporting events via cable,
satellite and broadcast television; and manages two sports
magazines and several thematic soccer bars. TyC’s emphasis
is on soccer, and it has an exclusive agreement (except for
certain cable broadcast rights held by an affiliate) with the
Asociación de Fútbol Argentino, or
“AFA”, to produce and distribute programs related to
matches between clubs in the Argentine professional soccer
leagues. This agreement expires in 2010 unless extended to 2014
at TyC’s request. TyC produces or co-produces, with its
three television studios and the production facilities of its
production partners, a number of soccer-based programs, such as
Fútbol de Primera, El clásico del Domingo and
Fútbol de Verano.
TyC has interests in two magazines: El Grafico, which covers
Argentine and international sports, with special emphasis on
soccer; and Golf Digest, the Argentine and Chilean editions of
the American golf magazine.
TyC also has the rights to broadcast friendly summer season
tournaments in different Argentine cities through 2007.
The Company’s principal shareholders are:
TyC’s 50% — owned affiliate, Televisión
Satelital Codificada S.A., or “TSC” holds the
commercial rights in Argentina, with certain exceptions, to
televise selected official soccer matches of AFA’s Premier
Ligue. TSC sells the rights to televise specific matches to
cable operators, to an over-the-air broadcast television channel
in and around Buenos Aires and, in certain cases, exclusively to
the TyC Sports Channel.
Another 50% — owned affiliate of TyC, TELE-RED
Imagen S.A., or “TRISA” owns the TyC Sports
Channel, the first dedicated sports cable channel in Argentina,
which packages soccer programming co produced by Torneos and
other sporting events to which TRISA holds commercial rights.
TRISA also holds commercial rights to produce and distribute
certain motor car racing, basketball and boxing events.
T&T Sports Marketing Inc. (“T&T”), a
50% — owned affiliate of the Company, has entered into
agreements with the “Confederación Sudamericana de
Fútbol (“Conmebol”) for the acquisition of
the “Copa Libertadores” and “Copa
Sudamericana” broadcasting rights up to 2010. See Notes
4 and 6.
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