The NBC Owned Television Stations has acquired KTLM, the Telemundo affiliate in Rio Grande City, Texas, from Sunbelt Multimedia Company for $8.5 million. The station becomes the 17th Spanish-language station in the Telemundo Station Group, effective today.
“Telemundo 40 is a great station in the 10th largest Spanish-speaking television market in the country,” Valari Staab, president of the NBCUniversal Owned Stations, said in a statement. “There’s a solid foundation for us to build on, and it’s an important addition to our division as we continue our efforts to deliver the best news and information to our Hispanic communities, businesses and audiences.”
The station, which serves the Harlingen-Welasco-Brownsville market, currently produces early and late local newscasts seven days a week. Read the release from NBC after the jump. Read more