Telemundo Media Announces Production, Distribution Deals

MIAMI: Telemundo Studios has inked a deal with Argos Television for the production of series and novelas in Mexico, while its sister company, Telemundo International, has signed distribution pacts with Mexican and Venezuelan broadcasters.

“These deals are part of our strategy to continue to strengthen our production capabilities as the number one producer of Spanish-language prime-time content in the U.S. and to solidify our international competitive position by further expanding and diversifying our novela content offering,” said Emilio Romano, the president of Telemundo Media. “We are expanding to Mexico to produce original content with Epigmenio Ibarra from Argos who brings a wealth of production expertise, a great creative team and access to top local talent in Mexico. In addition, Telemundo International keeps growing its portfolio by adding hundreds of additional novela hours from Cadena 3 and Televen, cementing our position as the second largest provider of Spanish-language content in the world.”

As part of the production pact, Telemundo Studios will supervise the Mexican projects—a dramatic series and two telenovelas—with Argos providing the equipment and staff to execute all local production. Argos partnered with Telemundo Studios in a similar fashion for some episodes of La Reina del Sur.

Telemundo International, meanwhile, has signed three-year global distribution agreements with Cadena 3 from Mexico and Televen from Venezuela to distribute 600 hours of HD novelas in the international market.