”Latin America is one of the fastest growing markets in the world,” said Viacom's CEO. Pending governmental approval, US giant ViacomCBS is expanding its Latin American investment scheme by buying over the Santiago-based Chilevisión TV station, which was announced Monday. According to a Viacom statement, the consortium reached an agreement on Monday with Chilevisión owners Warner Media, also a US firm owned by AT&T Inc, for the purchase of all of the Chilean broadcaster's assets. Chilevisión encompasses sports, entertainment, news and a solid production capacity, these attributes in combination with a strategic management of content windows through free and paid services, will serve as valuable marketing vehicles for the platforms of Viacom streaming, the acquiring company said.