Televisa and Telemundo announced they signed a joint venture agreement to launch the Telemundo channel, set to air in Mexico and Latin America.
The move is part of the strategic alliance both companies announced in March of 2008, to distribute Telemundo’s original content in Mexico through various platforms.
The Telemundo channel will feature Telemundo shows and soaps, distributed via the Televisa Networks platform through Sky and Cablevisión. Telemundo execs say the launch of the channel is scheduled for this summer.