CANNES, France--(BUSINESS WIRE)-- (MIPCOM 2012) – Venevision International, a global entertainment company of the Cisneros Group of Companies, signed a deal with Ben Silverman’s multimedia entertainment studio Electus, an operating business of IAC (Nasdaq: IACI), for the national and international commercialization of the English-language formats of the telenovelas “The Black Widow,” “Millionaire Maid” and “Country of Women.”

“In the world of Latin entertainment, the Cisneros Group’s worldwide distributor, Venevision International, has a proven track record of more than 35 years in the commercialization of quality television programming, but now with the power of one of the industry’s most reputable studios behind these three exceptional and novel dramatic series, we can only expect our content to be at the forefront of the U.S. general market and, consequently, expand our reach into other English-speaking markets around the world,” stated Adriana Cisneros de Griffin, Vice Chairman & Vice President of Strategy of the Cisneros Group.