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EXHIBIT 10.16
[TELEMUNDO LETTERHEAD]
January 21, 1999
Mr. Xxxxxxx Xxxxxx
xxxxxxx.xxx
Dear Xxxxxxx:
The following confirms the agreement between xxxxxxx.xxx and the Telemundo
Network:
MEDIA:
Total Investment: $738,800 (net)
TH A18-49 IMPs: 53,118
CPM: $13.91
SPONSORSHIPS:
Product Integration:
Cinemundo Premier:
Production of one: 20 product integration pitch to air lx per week
for 26 weeks
o Production materials due: Thursday, February 4, 1999 (:20 copy
points)
o Taping: Thursday, February 11, 1999 (on air Sunday, March 7, 1999)
MONEY WIRE INFORMATION
Dollar commitment to be wire transferred to:
First Union BK
Acct# 2090002375767
0000 Xxxxxxxx Xxxxxxx
Xxxxxxx, XX 00000
ABA# 000000000
CANCELLATION OPTION:
Schedule is non-cancelable
This is a very exciting time at Telemundo and we are committed to delivering
the Hispanic market audience to xxxxxxx.xxx. We thank you for your business and
we look forward to strengthening our partnership in the years ahead.
Confirmed and approved by:
/s/ XXXXXXX XXXXXXX /s/ XXXXXXX XXXXXXXX /s/ XXXXXXX XXXXXX
------------------------ ---------------------- -----------------------
Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxx
Telemundo Network Group xxxxxxx.xxx xxxxxxx.xxx
PC: Xxxx Xxxxx
Xxxxx Xxxxx
Xxxxxx Xxxx
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TELEMUNDO NETWORK/XXXXXXX.XXX
1999 MEDIA AGREEMENT
EST EST TOTAL TOTAL
A18-49 A18-49 A18-49 A18-49 A18-49 TOTAL
DAY TIME PROGRAM FRQ RTG 000'S GRPS 000'S CPM COST
--- ---- ------- --- --- ----- ---- ----- --- ----
SUN 8-10P Cinemundo Premier 52 2.9 374 150.8 19,448
-----------------------------------------------------------------------------------------------
SUN 8-10p :20 Product Pitch 26 2.9 374 75.4 9,724
-----------------------------------------------------------------------------------------------
M-F 5-6P Ocurrio Asi 52 2.2 320 114.4 16,640
-----------------------------------------------------------------------------------------------
MON 7-8P Discovery 26 2.0 281 52.0 7,306
-----------------------------------------------------------------------------------------------
----------------------------------------------------- ----------------------------------------------
26 WEEK TOTALS 156 392.6 53,118 $13.91 $738,800 (NET)
----------------------------------------------------- ----------------------------------------------
26 CONSECUTIVE WEEKS:
---------------------
Source: NHTI, Q1-Q4'99AVG EST, TA18-49 3/1/99-8/29/99 REVISED: 1/25/99