Turner Broadcasting Plans Further Argentina Investment

US broadcasting firm TBS, owned by billionaire businessman Ted Turner, is to expand its investments in Argentina over the next few years, according to local media, who reported that TBS chief executive Philip Kent was due to meet President Nestor Kirchner on Monday to discuss the company’s plans. According to the company, it has invested around $25 million in Argentina over the past three years as well as buying local satellite company Imagen Satelital last year for $235 million.