Executives from over 150 television networks from 100 different countries will have met in the Principality in one year, brought together by this assembly and Eurovision´s meeting in 2006, centred around the Prince of Asturias Awards.

The Ibero-American Television Organisation (OTI) is to hold its General Assembly next 14th, 15th and 16th March in Asturias, "in recognition of the Prince of Asturias Awards´ history and enormous prestige, and especially its work fostering social, cultural and scientific development in Ibero-American communities."

Created in 1971, this organisation brings together 50 television networks from 21 countries and over 600 million potential viewers.

This assembly, along with the one held by Eurovision in April 2006, will mean that in one year, executives from over 150 television networks from 100 different countries will have met in Oviedo as a way of recognising the outstanding role the Prince of Asturias Awards play in communicating the noblest of cultural values.

The OTI assembly will be attended by some of the most important representatives of the main Ibero-American television networks, including Globo Televisión (Brazil), Portugal´s Radiotelevisión, Televisa (Mexico), Venevisión (Venezuela), Canal 7 (Argentina), RCN Televisión (Colombia) as well as Spanish-language networks from the United States such as Telemundo and Univisión Network Limited Partnership.

The Organisation has always been noteworthy for its active role in transmitting cultural values through its communications media members and for fostering the progress of the nations that make up the Ibero-American community.

As stated in the Organisations statutes, its purpose is to "promote, maintain and augment relations between television and/or television-related companies and organisations in Spanish- and Portuguese-speaking countries and to achieve this by carrying out all of the actions that are necessary and advisable for improving their development."

Due to the structure of the organization and the use of state-of-the-art technology, news and television programmes, especially cultural, educational and sports programmes, can be exchanged amongst all of its members.