CNN en Español is not the only CNN channel covering Latin America. CNN Chile is a separate channel, covering Chilean current events and politics since 2008. CNN also licenses its name and content to Novus Media’s CNN Brasil, headquartered in São Paulo. Outside Latin America but in in the Spanish-speaking work, in 1999, CNN started a joint venture in Spain with Sogecable to launch CNN+ in Spanish. It shut down in 2010 after declining ratings.