Yahoo, Telemundo Agree to Terminate Joint Venture

Spanish-language network Telemundo have agreed to terminate their joint venture website, Yahoo Telemundo, by the end of the year, Mediaweek reports.

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"After three successful years building Telemundo's digital identity with Yahoo and evangelizing digital media, we are ready for the next step," Telemundo executive vice president Peter Blacker told Mediaweek.