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HBO was the first cable network to originate as a non-terrestrial broadcast TV network. HBO went on the air in 1965 and was originally transmitted via terrestrial microwave towers. In 1976, HBO became the first TV network to broadcast its signals via satellite when it showed the "Thrilla From Manila" boxing match between Muhammad Ali and Joe Frazier. In 1986, HBO also became the first satellite network to encrypt its signal from unauthorized viewing. Later, HBO was one of the first cable TV networks to broadcast an HDTV version of its channel.
HBO has also developed a reputation for offering very high quality original programming. HBO is a subscription-only service and does not carry normal commercials; both of these factors relieve HBO from pressures to tone down controvesial aspects in their programs.
HBO is currently owned by Time Warner.
See also: HBO Latino.