Telemundo To Acquire KXTX-TV In Dallas.
June 2, 2001
Telemundo Communications Group, Inc. and Southwest Sports Television, L.P. announced that they have entered into an agreement for Telemundo to acquire the full-power independent station KXTX-TV, Channel 39, in Dallas from Southwest Sports.
The acquisition of KXTX-TV will provide Telemundo with an owned and operated station in each of the eight largest U.S. Hispanic markets. Having more than doubled its Hispanic population in the last decade to 1.2 million, Dallas-Ft. Worth is the fastest growing of the top 20 Hispanic markets in the U.S. Hispanics now represents 20.5% of Dallas-Ft. Worth’s total population. Telemundo has historically served this market with an affiliated station.
“We are pleased to further enhance our national distribution system by adding KXTX-TV to our growing number of owned and operated full-power stations,” said James McNamara, President and CEO of Telemundo.
“With one of the strongest signals in Dallas-Fort Worth, KXTX will allow us to expand and strengthen our presence in this market,” added Alan Sokol, Telemundo’s Chief Operating Officer. “In addition, we look forward to fully serving the local Hispanic community by employing all of Telemundo’s resources.”
