Telemundo is an
American television network based in
Hialeah, Florida a suburb of
Miami, Florida. Launched in
San Juan, Puerto Rico by
Angel Ramos in 1954, it is the second-largest
Spanish-language content producer in the world.
[Breaking News - In Landmark Move, NBC Universal Television Group Signs Development Deal With Galan Entertainment For Production Of Telenovelas In English Across Its Many Networks | Thefutoncritic.Com] It is also the second-largest Spanish language network in the United States, behind
Univision.
Telemundo is also the only Spanish-language network currently producing
telenovelas in the US.
[Clorox and Wal-Mart Team up With Telemundo on New Episodes of Dame Chocolate Telenovela] Unlike Univision, many programs on Telemundo air with closed captions in both Spanish and English. Univision only has Spanish captions. The network reaches 93 percent of U.S. Hispanic households in 142 markets via over-the-air, cable and satellite TV.
[Breaking News - In Landmark Move, Nbc Universal Television Group Signs Development Deal With Galan Entertainment For Production Of Telenovelas In English Across Its Many Networks | Thefutoncritic.Com] An average of 1,035,000 total viewers (aged 2 and older) tuned in for its weekday prime time lineup during 2007.
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Telemundo Communications Group, its parent company, is part of the
NBC Universal division of
General Electric, which paid $2.7 billion for the operation in 2002.
Don Browne is Telemundo's president. Jeff Gaspin, who is president and COO of Universal Television Group, oversees the network. Telemundo has 1,800 employees.
[NBC tacks on Telemundo oversight to Gaspin's tasks - The Spanish-language network has been unable to attract a higher audience share since its acquisition. - Los Angeles Times]
