Hemisphere Media Group Inc. (Nasdaq: HMTV) is buying three Spanish-language cable television networks for $102.2 million.

The stations include: Pasiones, a channel that broadcasts telenovelas; Centroamerica TV, which airs news, entertainment programming and soccer; and TV Dominicana, a network targeted at Dominicans living in the U.S. and broadcasting news and sports from the Dominican Republic. Media World LLC, a subsidiary of Imagina US, a content and service provider in the Hispanic media market, is selling the channels.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.