Space was launched on 11 March 1991 as the first Latin American 24-hour movie channel. It was owned and operated by Imagen Satelital, a company owned by Argentine businessman Alberto González. In its first years, it was an entertainment network heavily centred towards films and sporting (mostly combat sports (including boxing)) events.
In 1997, Imagen Satelital was bought by Claxson Interactive Group, itself owned by Venezuelan conglomerate Grupo Cisneros.[1] In 2002, after a graphical rebrand, Space includes artistic shows in its programming schedule.
In October 2007, Claxson Interactive Group was purchased by Turner Broadcasting System Latin America; its channels (including Space) started to be managed by the regional branch of Time Warner.[2]
On 8 April 2008, Turner modifies Space's programming in order to avoid inside competition with TNT, and centres its programming towards action, adventure and suspense films.
In 2008, Space launches its own HD feed, and two years later, in 2011, it launches a second audio track in English to its video feeds.
