Chile’s Canal 13 signs deal with Secuoya

Canal 13 and Grupo Secuoya have signed a consultancy agreement through which the Spanish company is committed to detecting business solutions for the Chilean free-to-air TV channel, which belongs to the Luksic group.
The agreement involves the outsourcing of audiovisual services, with the goal to help easing the complicated financial situation of the channel. At the end of 2017, the Canal 13 reported losses of Ch $ 26,470 million (USD 44 million) compared to the Ch$ 5,877 million (USD 9.8 million) of 2016, according to Pulso.
The owner of the channel, Andrónico Luksic, said via Twitter that in the last four years Canal 13 has lost Ch$ 52,000 million (USD 86.4 million). “What the administration is doing today is to take all measures, however painful it is, to try to make the channel viable,” the executive wrote in his official account, in response to a user questioning the dismissals in the company.
According to a statement from Canal 13, the application of outsourcing in Spain “allowed the TV channels to lower their operating costs and improve their financial results without losing identity, control or editorial line.”