Telemundo is a
Spanish-language American television network.
Angel Ramos launched the brand with a TV station in
San Juan, Puerto Rico in 1954—and it evolved into 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 the only Spanish-language network producing most of its
telenovelas.
[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.
[[1]] Telemundo is headquartered at 2290 West 8th Avenue in
Hialeah,
Florida, near
Miami.
["Legal corporate english." Telemundo. Retrieved on February 3, 2009.]
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]