Brazilian TV is looking for talent with a passion for entertainment
The video and radio services have been in talks with the entertainment industry about an acquisition of a Brazilian television channel.
The news comes amid an intense bidding war between Brazilian entertainment companies and international broadcasters to acquire the channel, called Meralco, which was launched in 2014.
“It is a dream come true for us and we are extremely excited,” said Maria Domingo, president of the company.
“It is the only place in the world where you can watch Brazilian television in a way that is unique and authentic.”
It is unclear whether the deal will go ahead, although Meralcos owner, a venture capitalist named Jorge Paulo Senna, has said he would consider it if he found the right partner.
The company says it has raised $2.5 billion in funding and is looking to raise as much as $8 billion to complete the purchase.
The company is one of the largest in Brazil, but its revenue has not been growing.
Meralto has been in the news for the past two years for its handling of a murder case in which it helped police catch two suspects in an alleged drug trade.
Meralco is owned by Senna.