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NuvoTV Secures $40 Million Capital Investment

NuvoTV, an English-language cable network for bi-cultural Latinos in the U.S., today announced it has obtained $40 million in financing that will be used to expand a diverse roster of groundbreaking, original programming. Created more than eight years ago as the first English-language television network for American Latinos, the Glendale-based broadcaster reaches more than 30 million homes with popular, culturally relevant and compelling content across diverse genres, including comedy, reality, music, movies, lifestyle and talk. “From our inception in 2004, NuvoTV has been dedicated to providing top-quality English-language entertainment targeting bi-cultural Latinos in the U.S. with contemporary, non-stereotypical formats and stories,” said Michael Schwimmer, nuvoTV CEO, in a statement. The new funds will be used to expand the development of new, high-quality, original entertainment programming that showcases the modern spirit and lifestyle of today’s American Latino. Darlene Ricker

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