In 1996, HBO Latin America Group and Venezuela's Olé Communications began a basic cable channel joint venture Mundo Olé in Mexico. The channel was launched in October 1996. In 1997, A&E purchased a one-third stake in Mundo Olé. With in a year, A&E was supplying 60% of the channel's shows. In 1998, Mundo began producing local Biography episodes. In 2000, the word Olé was dropped, causing Mundo Olé to become Mundo. The next year, Mundo was renamed to A&E Mundo but continued airing the Biography series. The channel was renamed once more as A&E in 2005. Back in 1992, History Latin America was launched as TVQuality. It continued to use that name until 2000, when it became The History Channel. From 2008, it is still History since then. In 2012, A&E Latin America opened an office in Brazil. The Biography Channel was launched in Latin America in 2007; however, when the US Bio. network became FYI in 2014, The Latin American network is now H2 since then. Lifetime Latin America was launched in July 2014 as a joint venture between A+E Networks Latin America and Sony Pictures Television with distribution by HBO Latin America Group. Now, A+E Networks Latin America and their subsidiaries continue to operate across Latin America.