Inside move: Telemundo courting congloms

Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner.

With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game.

Privately-held Telemundo, which is owned by Sony, Liberty Media and several investment firms, is looking to take in north of $3 billion.

“How much more than $3 billion remains to be seen. No one’s come up with it yet,” said an insider at one of the net’s owners, but talks are “serious.”

If no one ponies up the cash, Telemundo might be ripe for an initial public offering or other type of cash infusion, he and others said.

More TV

  • Chris Chibnall, Jodie Whittaker, Mandip Gill

    'Doctor Who' Team Would Like to See 'Jane Bond' as Next Gender-Swapped Character

    Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner. With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game. Privately-held […]

  • Michael Strahan

    Michael Strahan, Sara Haines Will Host ABC’s New ‘GMA’ Hour

    Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner. With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game. Privately-held […]

  • Black Lightning -- "The Resurrection" --

    ‘Black Lightning’ Cast, Creators Talk Race and Representation at Comic-Con

    Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner. With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game. Privately-held […]

  • Durban 2018 Panel on Sexual Harrasment

    For Black Women in South African Film Biz, Equality Still a Struggle

    Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner. With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game. Privately-held […]

  • Anthony Anderson

    Anthony Anderson Under Criminal Investigation, Disputes Woman's Claims of Assault

    Media congloms continue to eye Telemundo as the Spanish-lingo broadcaster shops itself to the likes of NBC, Viacom and now AOL Time Warner. With the Spanish-language market sizzling, talks have been heating up this summer, and insiders expect a deal within the next month. Smaller groups like Hispanic Broadcasting are also in the game. Privately-held […]

More From Our Brands

Access exclusive content