Manuel E. Machado Resigns from SBS Board of Directors

Spanish Broadcasting System

Spanish Broadcasting System has announced the resignation of Manuel E. Machado from its board of directors, effective July 10, 2025. The company disclosed the departure in a material change report posted to its investor website, in compliance with its 9.75% senior secured notes due 2026.

According to the filing, Machado stepped down voluntarily to focus on a new business endeavor with his own company. SBS emphasized that his resignation did not stem from any disagreement with the company's operations, policies, or practices. At the time of his resignation, Machado served on both the Audit Committee and Compensation Committee.

Following his departure, the SBS Board now includes Raul Alarcon, Joseph A. Garcia, Jason L. Shrinsky, Jose A. Villamil, and Mitchell A. Yelen.

SBS expressed its appreciation for Machado's many years of dedicated service to the company.

Latest Radio Stories

iHeartMedia Launches ''105.3 The Breeze'' in Norfolk

WNOH-FM (105.3 The Breeze) in Norfolk

iHeartMedia Norfolk has introduced a new format to the Hampton Roads with the launch of "105.3 The Breeze" on WNOH-FM, formerly BIN News. Billed as "Hampton Roads' Relaxing Favorites," the new AC outlet features music from artists such as Adele, Michael Jackson, Elton John, Whitney More

Johnson Returns to New Jersey 101.5 as Midday Co-Host

Eric Johnson

Veteran radio personality Eric Johnson is returning to WKXW (New Jersey 101.5) Trenton as co-host of the Townsquare News/Talk outlet's midday program alongside Judi Franco. The newly branded "The Judi & EJ Show" debuts following the retirement of Dennis Malloy, who has signed off after a 32-year tenure with More

iHeartMedia Names New Leadership Markets Group Team

Ann Marie Licata

iHeartMedia has announced a new leadership structure for its Markets Group, which oversees more than 860 radio outlets nationwide, following the news that longtime executive Hartley Adkins will retire at the end of the summer. In a memo to staff obtained by RADIO ONLINE, CEO Bob Pittman and COO/CFO Rich More

Gracie Awards Set for 2026 with Gala and Luncheon

Alliance for Women in Media Foundation (AWMF)

The Alliance for Women in Media Foundation (AWMF) has announced the dates for the 51st Annual Gracie Awards, continuing its tradition of honoring outstanding achievements by women in media. The 2026 events will once again spotlight groundbreaking work and emerging voices across the More

CPB Warns of Public Media Cuts After Senate Bill

Corporation for Public Broadcasting (CPB)

The Corporation for Public Broadcasting (CPB) is raising alarm after the U.S. Senate Appropriations Committee advanced its version of the FY 2026 Labor, Health and Human Services, Education, and Related Agencies funding bill, which provides no appropriation for the organization. More

SiriusXM Reports Lower Q2 Earnings Amid Modest Revs

SiriusXM

SiriusXM posted second-quarter 2025 revenue of $2.14 billion, marking a 2% decline from the same quarter in 2024. Net income for the quarter was $205 million, down from $354 million a year ago, while diluted earnings per share fell to $0.57 from $0.74. The company's adjusted EBITDA More

Return to Menu

Manuel E. Machado Resigns from SBS Board of Directors

Latest Radio Stories

Follow us on:

Copyright © 1989-2025 RADIO ONLINE ^®

Manuel E. Machado Resigns from SBS Board of Directors

Latest Radio Stories

Follow us on:

Copyright © 1989-2025 RADIO ONLINE ®

Copyright © 1989-2025 RADIO ONLINE ^®