NBC Universal to sell KWHY-TV and Telemundo Puerto Rico.
September 10, 2007
NBC Universal is acquiring Oxygen Media, one of the nation’s leading female-focused cable television networks, thus expanding its highly successful cable portfolio. The announcement was made today by Jeff Zucker, President and CEO, NBC Universal.
The Oxygen purchase will be substantially self-funded through the sale of non-core assets. NBC Universal is selling its two independent Telemundo television stations: KWHY in Los Angeles, one of its two Spanish-language stations in that city, and WKAQ in Puerto Rico.
