×
You will be redirected back to your article in seconds

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

  • Channing DungeyWomen In Film Crystal and

    How ABC Pulled Off a Stealth Transition for Channing Dungey and Karey Burke

    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 […]

  • Diego Luna Inclusion

    6 Takeaways From Variety’s 2018 Inclusion Summit

    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 […]

  • Frankie Shaw as Bridgette Bird and

    TV News Roundup: 'SMILF' Season 2 Premiere Date Set at Showtime

    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 […]

  • "The Consummation Deviation" - Pictured: Rajesh

    Live+3 Ratings for Week of Nov. 5: 'Big Bang Theory' Ticks Up

    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 […]

  • The Clinton Affair Review

    TV Review: 'The Clinton Affair'

    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 […]

  • Lionsgate Taps 3 Arts Roster for

    Lionsgate Taps 3 Arts Roster for Two Fox Comedy Series Prospects

    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 […]

  • Channing Dungey Exits ABC; Karey Burke

    Channing Dungey Exits ABC; Karey Burke Named Network President

    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