Last updated
    Telemundo
    Media and Entertainment

    Telemundo

    United States flagUnited States
    Founded 1984-06-19 Miami, Florida, United States
    Community

    About

    Telemundo is a major American Spanish-language television network owned by NBCUniversal, a subsidiary of Comcast Corporation. It reaches approximately 95% of U.S. Hispanic TV households across 210 markets through 30 owned stations and more than 50 affiliates. The network was originally launched in 1984 as NetSpan by investors Saul Steinberg and Henry Silverman of Reliance Capital Group, rebranding to Telemundo in 1987. The name blends "tele" (television) with "mundo" (world), signaling an ambition for global reach.

    Telemundo's programming is anchored by original telenovelas produced in the United States specifically for U.S. Hispanic audiences, a key differentiator from rival Univision. The network produces over 600 hours of reality television annually and positions itself as the top producer of scripted Spanish-language content in the country. Its sports division, Telemundo Deportes, holds exclusive Spanish-language rights to the FIFA World Cup through 2026 and the Summer Olympic Games through 2032, alongside year-round soccer coverage. The network also serves as the exclusive Spanish-language home of the Miss Universe competition.

    After filing for bankruptcy in 1993, Telemundo was acquired by NBCUniversal in 2001, providing financial stability for expansion. The network has since invested heavily in digital platforms, becoming the #1 network on YouTube regardless of language and the #1 broadcast network in social engagement. More than 3,000 hours of content are available on NBCUniversal's Peacock streaming service. Telemundo also operates the cable network Universo, the multicast channel TeleXitos, and Telemundo Internacional, the second-largest global distributor of Spanish-language media content.

    Products & Sub-brands

    Telemundo NetworkTelemundo DeportesTelemundo Global StudiosUniversoTeleXitosTelemundo InternacionalTelemundo Digital MediaTelemundo StudiosTelemundo International StudiosUnderground Producciones

    Frequently Asked Questions

    Who owns Telemundo?
    Telemundo is owned by NBCUniversal, which is a subsidiary of Comcast Corporation. The network operates as part of NBCUniversal Telemundo Enterprises.
    Who is the CEO of Telemundo?
    As of December 2025, Ronald Day serves as president of Telemundo. Luis Fernández is chairman of NBCUniversal Telemundo Enterprises.
    How much is Telemundo worth?
    Telemundo's specific valuation is not publicly disclosed as a standalone entity since it operates within NBCUniversal. However, it is a multi-billion-dollar asset as the second-largest Spanish-language network in the U.S., reaching 95% of Hispanic TV households.
    Telemundo vs Univision: which is bigger?
    Univision is the larger Spanish-language network in the United States, while Telemundo is the second-largest. However, Telemundo has closed the gap significantly, becoming the #1 Spanish-language network in weekday prime time for three consecutive years and leading in digital engagement.
    Is Telemundo still in business?
    Yes, Telemundo remains active and growing. It is the #1 producer of original Spanish-language content in the U.S., holds exclusive rights to the FIFA World Cup through 2026 and Olympics through 2032, and continues to expand its digital and streaming presence.

    Keywords

    Spanish-language televisiontelenovelasNBCUniversalTelemundo DeportesHispanic mediaMiami

    Sources

    Company Info

    Founded
    1984-06-19
    Founder
    Saul Steinberg, Henry Silverman
    Headquarters
    Miami, Florida, United States
    Industry
    Media and Entertainment
    Parent Company
    NBCUniversal (Comcast)
    Key People
    Ronald Day (President), Luis Fernández (Chairman), Joaquin Duro (EVP Sports)

    Official Website

    msnlatino.telemundo.com

    Join the community

    fans discussing