Mexican television giant Grupo Televisa and Telemundo, General Electric’s Spanish-language broadcaster, have reached a content-sharing deal in Mexico, opening the door to an eventual broader alliance in the key US Hispanic market. Under terms of the deal, Telemundo will broadcast its entertainment programming on a Televisa TV station in Mexico. Televisa will also carry a new Telemundo channel on its Mexican cable and satellite networks. Financial terms of the deal weren’t immediately known.

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