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The company said the goal of the new business division is "to super charge the growth of Latinos on Peacock and across all Telemundo and NBCUniversal streaming platforms".

The content of FlixKids has been selected especially for children from 0 to 5 years of age, with the purpose of entertaining in a safe and educational way.

46% of Latinos in the United States prefer consuming AVOD services instead of pay TV (20%), ad-supported subscription video-on-demand (16%), SVOD (14%) and live video (5%), according to Penthera's newest report.

Pasiones, WAPA América, and CentroAmérica are expected to be available to subscribers to Cox Communications Systems' Cox Latino Pak in all markets beginning July 1, 2021.

NBCUniversal Telemundo Enterprises announced the creation of Telemundo Streaming Studios, the first-ever studio in Hispanic media exclusively dedicated to serving the growing Latino streaming audiences in the United States and around the world.