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Concept
Telemundo
Summary
Telemundo (English pronunciation: , teleˈmundo; formerly NetSpan) is an American Spanish-language terrestrial television network owned by NBCUniversal Telemundo Enterprises, a division of NBCUniversal, which in turn is a wholly owned subsidiary of Comcast. It provides content nationally with programming syndicated worldwide to more than 100 countries in over 35 languages.
The network was founded in 1984 as NetSpan before being renamed Telemundo in 1987 after the branding used on WKAQ-TV, its owned-and-operated station in San Juan, Puerto Rico. In 1997, Liberty Media and Sony Pictures Entertainment acquired controlling interest in Telemundo. NBC then purchased Telemundo in 2001.
The channel broadcasts programs and original content aimed at Latin American audiences in the United States and worldwide, consisting of telenovelas, sports, reality television, news programming and films—either imported or Spanish-dubbed. In addition, Telemundo operates Universo, a separate channel directed towards young Hispanic audiences; Telemundo Digital Media, which distributes original programming content across mass media, the Telemundo and Universo websites; Puerto Rico free-to-air station WKAQ-TV; and international distribution arm Telemundo Internacional.
Telemundo is headquartered in Miami and operates a studio and productions facility in the Miami suburb of Doral, and has 1,900 employees worldwide. The majority of Telemundo's programs are shot at an operated studio facility in Miami, where 85 percent of the network's telenovelas were recorded during 2011. The average hourly primetime drama costs $70K to produce.
Originally launched as NetSpan in 1984, the network was renamed Telemundo in 1987, after the network owners purchased the previous owner of WKAQ-TV (channel 2), a television station in San Juan, Puerto Rico, branded on air as Telemundo. On March 28, 1954, WKAQ-TV signed on. It was originally founded by Ángel Ramos – owner of Puerto Rico's main newspaper at the time, El Mundo, and the U.S.
Official source
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