Telemundo is an
American television network based in
Hialeah, Florida. Launched in
San Juan, Puerto Rico by
Angel Ramos in 1954, it is the second-largest
Spanish-language content producer in the world. It is also the second-largest
Spanish language network in the US, behind
Univision. Telemundo is also the only
Spanish-language network currently producing
telenovelas in the United States. Many programs air with closed captions in both Spanish and English. The network reaches 93 percent of U.S. Hispanic households in 142 markets via over-the-air, cable and satellite TV.
Telemundo Communications Group, its parent company, is part of the
NBC Universal division of
General Electric, which paid $2.7 billion for the operation in 2002.
Don Browne is the Telemundo's president. Jeff Gaspin, who is president and COO of Universal Television Group, oversees the network. Telemundo has 1,800 employees.
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