Cinelatino, the 24-hour Spanish-language movie cable network, is expanding its offerings by acquiring more films from the Caribbean.
Eyeing the approximately 10 million Caribbean Hispanics that live in the U.S., Cinelatino has finalized deals to acquire some popular titles from the Dominican Republic and Puerto Rico, including I Love Bachata, Miente, Mega Diva and Feo de día, lindo de noche, the highest-grossing Dominican film of 2012-2013.
Some of the titles have never been released in the U.S., so Cinelatino will be the first platform to make them available to U.S. Hispanics.
Cinelatino is among the Hispanic networks owned by InterMedia Partners, which were taken public in as part of a $400 million deal to create Hemisphere Media Group, a publicly traded pure-play Spanish language media company. The deal officially closed April 6.
Hemisphere, led by former Telemundo chief operating officer Alan Sokol, is betting on the growth of Spanish-language cable.