Telemundo Station Group, a division of NBCUniversal Owned TV Stations (a subsidiary of Comcast), manages Telemundo's owned-and-operated television stations and the TeleXitos network. Unlike its counterpart, NBC Owned Television Stations, which handles the NBC owned-and-operated stations, Telemundo Station Group focuses specifically on the Spanish-language broadcasting network. This division ensures Telemundo stations operate effectively within the NBCUniversal framework, catering to the Hispanic audience in the United States.
In 1984, Telemundo was initially formed as NetSpan by the owners of WNJU in Linden, New Jersey, serving the New York City area, and KSTS in San Jose, California.
In 1986, Reliance Group Holdings, part-owner of KVEA, acquired John Blair & Co., which owned WKAQ-TV in San Juan, Puerto Rico (branded as Telemundo), and WSCV in Fort Lauderdale–Miami-West Palm Beach. Reliance also took control of WNJU and KSTS in 1986.
In 1987, Reliance merged all stations into the Telemundo Group, a new corporation that quickly went public. Reliance decided to rebrand NetSpan as Telemundo in 1987. KTMD in Houston and KVDA in San Antonio were then established.
In 1999, NBC acquired a 32 percent stake in Paxson, giving it the right of first refusal on Paxson's stations in the fifty largest markets.
On September 26, 2002, NBC finalized the acquisition of KPHZ from Venture Technologies Group.
On October 8, 2002, NBC announced that it would acquire three Telemundo affiliates: KHRR in Tucson and KDRX-CA in Phoenix from Television Apogeo, and KNSO in Fresno from Sainte Partners II, L.P.
On October 29, 2002, NBC completed its purchase of WPXB from Paxson Communications.
On January 1, 2003, the sale of KHRR (Tucson) and KDRX-CA (Phoenix) to NBC was completed.
In 2003, Telemundo fully acquired WSNS-TV by purchasing the remaining stake from Essaness Communications.
In January 2006, NBCUniversal agreed to buy Denver's KDEN-TV from Longmont Broadcasting.
On July 26, 2007, NBCUniversal completed the donation of Steamboat Springs' KMAS-TV to Rocky Mountain Public Broadcasting Network.
On January 26, 2011, NBCUniversal announced the sale of its Spanish-language independent station KWHY-TV to the Meruelo Group due to its pending merger with Comcast.
On March 21, 2013, NBCUniversal entered into an agreement to acquire WWSI from ZGS Communications for $20 million.
In July 2013, NBC Owned Television Stations and Telemundo's owned stations were brought together under a newly formed division, NBCUniversal Owned Television Stations, under NBC TV Station president Valari Staab.
On December 4, 2017, NBCUniversal announced its purchase of ZGS Communications's ten Spanish-language television stations.
On December 21, 2017, the sale of KUAN-LD to NBCUniversal was completed.
In July 2018, the sales of WRIW-CD and WZGS-CD were completed, after ZGS negotiated channel sharing agreements.
On March 5, 2019, KCSO-LD in Sacramento, California, and KTMW in Salt Lake City, along with their respective repeater stations, were acquired from Serestar Communications.
On July 30, 2021, NBCUniversal announced it was buying Albuquerque, New Mexico Telemundo affiliate KASA-TV and its repeater stations for $12.5 million dollars.
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