Company News

FCC Fines KXOL-FM in Los Angeles $8000 Over Contest

Federal Communications Commission

The FCC has levied a proposed fine of $8000 against Spanish Broadcasting System's KXOL-FM in Los Angeles for failing to conduct a contest in accordance with its announced terms and to deliver a prize to the winner in the prescribed time under the contest's terms. Despite being required to deliver prizes to More

SBS Receives Multi-Million Dollar Settlement from VOZ

Spanish Broadcasting System

Spanish radio broadcaster Spanish Broadcasting System has reached a multi-million dollar out-of-court settlement with VOZ Media regarding VOZ's default of its $64 million acquisition of the SBS Mega TV division. The amount of the settlement was not disclosed. The settlement is in More

SBS Switches Outside Accountancy Firm to EisnerAmper

Spanish Broadcasting System (SBS)

Spanish Broadcasting System (SBS) is making significant changes in its corporate and accounting leadership, marking a new chapter in its operational strategy. Following the departure of Albert Rodriguez as President and COO, as previously reported, the company's founder Raul Alarcon More

Spanish Broadcasting CEO Raul Alarcon Adds President Duties

Raul Alarcon

Spanish Broadcasting System (SBS)'s board of directors taps CEO Raul Alarcon Jr. to add responsibilities as President. Alarcon Jr., who co-founded SBS with his father, Pablo Raul Alarcon Sr., in 1983, previously held the President position starting in 1985. 24-year SBS veteran Albert Rodriguez, the company's More

Spanish Broadcasting President/COO Albert Rodriguez Resigns

Albert Rodriguez

In a surprise announcement during the company's third quarter earnings call on Thursday, Albert Rodriguez said he is stepping down as President & COO of Spanish Broadcasting System. Rodriguez was named COO in May, 2012, and then President in 2021, after serving as Chief Revenue Officer for the company's More

Spanish Broadcasting Q3 Net Revs Fall 8% to $35 Million

Spanish Broadcasting System

Spanish Broadcasting System reported third quarter net revenue fell 8% to $35 million from $38 million in 2022. The decrease was primarily due to other revenue, network, local, and digital sales, partially offset by increases in barter and national sales. Operating expenses increased More

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Copyright © 1989-2024 RADIO ONLINE ®

Copyright © 1989-2024 RADIO ONLINE ^®