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Telemundo buys into RTI US Hispanic broadcaster Telemundo has acquired a 40% stake in its Colombian partner RTI for an undisclosed amount, and is launching a new production company as part of the deal. The new company, RTI Productions, will produce television shows - mainly telenovelas - for export to the US and worldwide. RTI has had an exclusive output agreement with Telemundo since 2002, producing some 300 hours of programming a year - a number that is now set to increase to around 500 hours, according to Telemundo. Together the two companies have produced shows including Sin Senos No Hay Paraiso and Zorro: La Espada y la Rosa. Adam Benzine 30 Sep 2009 © C21 Media 2009 |
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