About

Owned by the Valórem Business Group, Caracol Televisión is a Colombian private national television network and boasts the largest television audience in the country. To defend the broadcaster’s interests across the full scope of its service offering, the stellar legal team at Caracol has showcased strong expertise across intellectual property, copyright legislation and litigation. Apart from supporting the launch of free high-definition television as well as other new technologies to the local market, the legal team has also impressed with its advisory on important transactions with long-term implications on Caracol’s business. So far in 2017, the team has assisted with the purchase of a 25% stake of Eucol, a Colombian unit of Eumex owned by JCDecaux, a leading global advertising company. This strategic partnership with the company is of particular significance to the local advertising market, as an alliance between the Colombian media leader and the and one of the top advertising businesses in the region will provide advertisers with access to a wider range of communication solutions at a time when digital media and outdoor advertising are increasingly converging.