Caracol Televisión is the most viewed national television network in Colombia. Before becoming a network, it was a production company, part of the Cadena Radial Colombiana (Spanish: Colombian Radio Network), when offered financial support to the Televisora Nacional through the exclusive concession of commercial spaces, giving birth to TVC (Televisión Comercial Ltda.) in 1955. In 1998, Caracol acquired one of the two licenses given by the Colombian government for the operation of a national television network -the other was granted to RCN Televisión -.
The Grupo Santodomingo is the Caracol Televisión's (or Canal Caracol) main shareholder.
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