Leopoldo Castillo – the flagship anchor for Globovisión, Venezuela’s last remaining critical TV station – has just confirmed rumors of Globovision being sold out of the Zuloaga family’s control and into what we presume is a government-aligned investors. Globovisión VP described the current situation as there being “a formal bid” and an “intención obligada de venta” – a phrase so convoluted and weird I don’t even know how to translate it. “Forced intention to sell?”
What’s clear is that it’s lights out for Globovision just after the April 14th election, and years ahead of the digital switchover. At least the Zuloagas negotiated for time so that H. Capriles isn’t totally shut out of the broadcast spectrum ahead of the vote. Still, this is really dire news. We’re going to miss those magnificent bastards.Caracas Chronicles is 100% reader-supported. Support independent Venezuelan journalism by making a donation.