Telemundo had a hit novela earlier this year, Betty La Fea (Ugly Betty), but Univision bought it up.

FORBES: Viva la Television!

In 1998 the government privatized broadcasting, and he started RCN TV, the prominent Colombia television station that produced the hit telenovela "Betty La Fea" (Ugly Betty).

FORBES: Carlos Ardila Lulle

Though the gregarious executive withheld his song and dance number (tough for him, I'm sure), he welcomed one from Ugly Betty's youngest showman, Mark Indelicato (or Justin, to Betty fans).

FORBES: ABC Brings Back The Glitz