Telemundo Communications Group, Inc.
News and overview for Telemundo Communications Group, Inc.
Spain's Prisa Buys 12% Of V-Me Media In US, To Get Control In Year
Wall Street Journal, The | 34 days 19 hours 14 minutes ago
DOW JONES NEWSWIRES Spanish media group Promotora de Informaciones SA (PRS.MC) said late Tuesday it has bought a 12% stake in one the U.S.' biggest Hispanic television network V-me Media Inc.
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Company Overview
| Company: | Telemundo Communications Group, Inc. |
|---|---|
| Industry: | Television Cable, Pay & Broadcast Networks |
| Website: | http://www.telemundo.com |
This company is muy popular with Hispanic TV viewers. Telemundo Communications Group operates the #2 Spanish-language television network in the US (behind Univision). It offers a healthy dose of telenovelas and sports, as well as news and talk shows. Telemundo, seen in more than 200 markets, boasts 45 broadcast affiliate stations, including about 15 owned and operated by NBC Universal Television Stations. The network is also seen through 800 cable affiliates. In addition to its flagship network, the company operates cable channels mun2 ("moon dos"), which is aimed at English-speaking Hispanic viewers, and Telemundo Puerto Rico. Telemundo Communications Group is owned by NBC Universal.
Key Numbers
| Sales in U.S. Dollars (mil.) | 0 () |
|---|---|
| One-year % Growth in Sales | 0.0 () |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 0 (0) |
| One-year % Growth in Number of Employees | 0.0 (0) |
| Fiscal Year-End | December |