Telemundo is owned by Comcast (the United States, NASDAQ: CMCSA), which acquired the brand on 28 January 2011 for $13.8 billion.[1][2] Telemundo was founded in 1984 in Miami, Florida and was independent until 2011.
Telemundo is the second largest Spanish-language broadcaster in the United States and produces much of its own drama in Miami rather than importing it. It competes directly with Univision for an audience of more than sixty million people. Its telenovelas are exported across Latin America, so a network built for American viewers has become a substantial programme supplier to the countries its audience came from.
Comcast took majority control of NBCUniversal from General Electric in a transaction valuing the business at about $30 billion, contributing cable channels and $13.75 billion in cash. It turned the largest American cable distributor into a studio owner, and regulators imposed conditions on how it treated rival programmers.
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Frequently asked questions
Who is the parent company of Telemundo?
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The parent company of Telemundo is Comcast, a publicly listed company headquartered in the United States.
Is Telemundo American?
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Yes. Telemundo originated in the United States in 1984 and its owner, Comcast, is also headquartered in the United States.
When did Comcast buy Telemundo?
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Comcast completed its acquisition of Telemundo on 28 January 2011, after announcing the deal on 3 December 2009. The deal was valued at $13.8 billion (enterprise value).
Who owned Telemundo before Comcast?
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Telemundo was an independent company from its founding in 1984 in Miami, Florida until Comcast acquired it in 2011.
Is Telemundo still owned by Comcast?
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Yes. As of 16 September 2026, Telemundo is still owned by Comcast. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.