NBC Acquisition of Telemundo Gets FCC Thumbs-Up

12 April 2002

US network NBC’s purchase of Spanish-language broadcaster Telemundo Communications has been given the green light by the Federal Communications Commission.

NBC is paying $1.98 billion (£1.38bn; €2.25bn) to acquire the network from a number of investors including Sony and Liberty Media.

Telemundo is America’s number two Hispanic-targeted broadcaster with an average of under one million primetime viewers, lagging Univision Communications with over 3.5m.

Data sourced from: New York Times; additional content by WARC staff