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Telemundo Communications Group announced it had signed a multi-year output deal with Caracol Television. The agreement, which is effective immediately, will position Telemundo as the exclusive broadcaster of Caracol’s extensive current and future library for the U.S. market. Financial terms of the agreement were not disclosed.
"We have enjoyed great success with Caracol in the past and this deal strengthens our relationship and positions us to do even better in the future," said Don Browne, President of Telemundo Communications Group.
“To reach the Hispanic audience in the U.S. in a consistent and sustained manner through a top-rated broadcaster such as Telemundo, represents a transcending step for the Colombian talent and Caracol’s consolidation as a exporter of original world-class content, designed for all audiences,” said Paulo Laserna, President of Caracol Television.
Caracol's content will be the perfect complement to Telemundo's original productions from its Telemundo Studios. Some of Caracol’s novelas that have aired in the U.S. include hits such as Pedro El Escamoso, Sin Tetas no Hay Paraiso, Nuevo Rico Nuevo Pobre, Cartel 1 and Cartel 2 (currently on the air in Telemundo), Vecinos and Muñecas de la Mafia, among many others.
“This alliance with Telemundo not only strengthens our relationship with one of the most important television companies in the Hispanic world, but also ratifies the success of the Caracol product which with Colombian talent has conquered audiences in more than 80 countries in five continents,” added Angélica Guerra, VP International of Caracol Television.
“Caracol is one of the most important telenovela producers in Latin America and an industry leader in the market,” said Marcos Santana, President of Telemundo International. “We believe that with this deal we will not only successfully program their content in our network, but will also develop great international projects.”
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