NBC Universal’s Spanish-language unit Telemundo has moved to consolidate its assets by taking full ownership of Telemundo-RTI Prods. as well as the operating assets of its current foreign distrib, Tepuy Intl.
Under the new pacts, Telemundo-RTI chief Patricio Wills has been named president of the newly created Miami-based Telemundo Television Studios, while Tepuy chief Marcos Santana will become prexy of the web’s new inhouse international division, Telemundo Intl. Both Wills and Santana will report directly to Telemundo Communications Group president Don Browne.
Both execs have been longtime collaborators of the web. Barely two months after he took over the reins of Telemundo in 2005, Browne put Wills and Santana in charge of production and development, respectively.
A nearly 30-year TV production vet, Wills partnered with Telemundo in 2003, after building RTI Colombia into one of the most important indie Spanish-language television producers in Latin America.
Santana founded Tepuy and has represented companies such as Caracol, Endemol, Gest Music and Promofilm. Santana also has led co-production projects with some of the leading production companies in the world.
“Taking full ownership of our Miami studios and our foreign distribution capabilities gives us great leverage in the industry to really manage our own destiny and competitively position Telemundo for future growth,” Browne said.
In late September, Telemundo opened a news bureau and corporate offices in Mexico City. A studio will be up and running early next year, and Browne plans to have a Telemundo-owned network shaking up a local market dominated by Televisa and Azteca within a few years.