$SBSAA ELISA TORRES ELEVATED TO CHIEF NETWORK OFFICER OF SPANISH BROADCASTING SYSTEMPress Release | 05/24/2022
ELISA TORRES ELEVATED TO CHIEF NETWORK OFFICER OF SPANISH BROADCASTING SYSTEM
MIAMI, May 24, 2022
Torres will continue to oversee AIRE Radio Networks and spearhead the advancement of all network and national audio sales and marketing solutions
MIAMI, May 24, 2022 /PRNewswire/ -- Spanish Broadcasting System, Inc. (SBS) (OTC PINK: SBSAA) announced today the promotion of Elisa Torres to Chief Network Officer/EVP, Aire Radio Networks and SBS National. Torres, the first female executive to hold a Chief position at SBS, the largest Hispanic-owned and minority certified multimedia and entertainment company in the U.S., will continue to oversee AIRE Radio Networks, the largest minority-certified Spanish Language audio network and will spearhead the advancement of all network and national audio sales and marketing solutions.
Spanish Broadcasting System Inc. logo. (PRNewsFoto/Spanish Broadcasting System Inc.)
"Elisa has played an instrumental role in the creation, growth and development of Aire Radio Networks and our SBS national audio divisions," said Raul Alarcon Jr., Chairman of SBS. "Her transformational leadership combined with her tenacity to develop innovative partnership solutions and strategies has resulted in significant year-over-year revenue growth for our company. We are excited to have her at the helm of our continued advancement."
Torres, who is touted as one of the most influential women in radio and one of the most prominent Latina media executives in the country, initially joined Spanish Broadcasting System in 2013 to lead the establishment of AIRE Radio Networks and its syndication efforts. She has been responsible for overseeing all aspects of its operations, as well as the overall network sales strategy. In 2017, she was promoted to EVP, AIRE Radio Networks and SBS National, with the expanded responsibility of streamlining the network and national sales operations.
Under Torres's direction, AIRE Radio Networks has become the leading minority-certified Spanish Language audio network in the country, reaching 95% of the U.S. HDMA, across 300+ affiliates in the country's top markets. Torres has also led the national syndication efforts of programs such as Al Aire con El Terri, La Mezcla con Alex Sensation, and the newly acquired, El Show de Omar y Argelia, to name a few.
"The growth and success of Aire Radio Networks over the past ten years is a testament of Elisa's unique entrepreneurial ability to build audio vehicles that effectively reach and culturally engage Hispanic consumers across the country," said Albert Rodriguez, President and COO. "From developing revenue-generating cross-platform solutions to overseeing one of our most successful operations, we couldn't be more proud to announce Elisa as the first female chief in SBS history."
Torres has been the innovator behind some of the AIRE and SBS's most desirable turn-key platforms such as Artistas 360, an audio-driven, cross-platform solution that connects advertisers to popular and rising Latin music artists around the globe in order to voice their campaigns and represent their brands. Artistas360 is comprised of iconic Latin artists and celebrities such as Ivy Queen, Carlos Ponce, Farruko and many others. With the mission of driving efficiencies, revenue and developing SBS's local on-air talent, she developed the widely successful Influencer Network, which consist of personalities that represent U.S. Hispanic consumers across key markets. Advertisers are able to activate the Influencer Network in order to drive national messaging with local scale through the trusted reputation of SBS talent.
"It's one of my greatest honors to work with the largest minority owned and certified Spanish Language multimedia company in the nation," said Elisa Torres. "I'm extremely grateful for the trust and commitment I've received from Raul, Albert and the SBS family for allowing me the opportunity to build a network that delivers on my passion to empower and inspire the Latino community."
In addition to building successful network vehicles and marketing partnership campaigns, Torres has developed cross-platform opportunities that have translated into proven revenue success. From leveraging offerings such as Mi Casa Es Tu Casa, a virtual live music concert experience to the company's digital and expanded live music content portfolio to meet the advertisers' needs, Torres has been at the core of streamlining all of SBS's multimedia verticals.
Torres also developed the first-ever Spanish language show prep service, AIRE Show Prep, which empowers and serves radio producers and personalities with a wide range of content, music mixes, imaging, celebrity, and influencer voice-over solutions to program their stations.
Prior to joining AIRE Radio Networks/Spanish Broadcasting System, Elisa played a critical role in establishing and developing some of the first Spanish Language audio networks in the country. She started her career with Caracol Radio and worked her way up to be an executive with Cumulus Media, formally ABC Radio Networks, where she launched ABC Radio Networks en Español and ESPN Deportes, the first ever Spanish Language sports network. Torres has also been the leader behind some of the most highly rated syndicated radio programs featuring iconic Latin influencers such as Maria Marin, Conexion Thalia, Por El Placer de Vivir con Cesar Lozano and Daddy Yankee Weekend Show.
About Spanish Broadcasting System, Inc.
Spanish Broadcasting System, Inc. owns and operates 20 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Orlando, Tampa, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 300 affiliated stations reaching 95% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation reaching 22MM homes through over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including LaMusica, a mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com.
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No one you can sell it too no volume at all
Doubt it but cool
Watsup Thor you still here?
Well, after reading there last 10q ; to risky for me. At first was getting excited, well this has a very very good chance going down the drain, those class B notes killed the company. Its sad it sounded like they built something really nice?? But who ever own those B share. Any ways GLTA
Hey, what does it take to become a mod around here anyway?!? This board needs to be updated badly... I'd like to do it...
hahaha... subscribers... I hope I get some snow this winter too!!
SBSAA already has annual revenue into the $$ double digit millions. They have a national and international organization and network already in place just waiting for the proper guidance to turn it some very nice profits. Think about the millions of dollars that will be saved by taking their platforms entirely over the top??
Something is definitely bubbling in the Spanish Broadcasting System!
Per yesterday's 8K, they’re informing shareholders that the company needs to take immediate action in order to retain their broadcast licenses thru the FCC. However they don’t specify exactly what they are going to do though.
One remedy would be to sell the company and let the buyer dissolve the problematic share type entirely. It is certainly quite the coincidence that the day I start laying out the $SBSAA $OTTV connection publicly, they issue this 8k and accompanying letter to shareholders. That, coupled with the near 100% jump in the last half hour of trading?
Something is most certainly up and it’s very likely to be $OTTV related.
SBS Mission Statement
As a pioneer in Spanish-language radio, SBS has always been at the forefront of the evolution of Hispanic entertainment in the U.S. As technology evolves and the boundaries of all media intersect among new and as yet unexplored frontiers, SBS intends to exploit its proprietary content on terrestrial and satellite radio, television, the internet and wireless modes of distribution. We continue our quest to create unique, high-quality branded entertainment for the Hispanic consumer. Our exceptional growth on the web with LaMusica.com and the encouraging initial results achieved with the launch of Mega TV are examples of SBS’ long-term strategy, i.e., the ability to create and disseminate content across multiple platforms enabling us to maximize revenue and expand our brands. As always, we continue to maintain our leadership position in today’s (and tomorrow’s) U.S. Hispanic market.
Spanish Broadcasting System, Inc. owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres.
SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 250 affiliated stations reaching 93% of the U.S. Hispanic audience.
SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico.
SBS also produces live concerts and events and owns multiple bilingual websites, including LA Musica, a mobile app providing content related to Latin music, entertainment, news and culture.
hmmmm.... I know of another entertainment company geared toward Spanish speaking audiences that does a lot of this stuff too! They've even been doing more and more live concerts and events too!! hmmm.... LMAO!! This is gonna be fun!!
Well lookie here... an 8K!! What a coincidence!!
My favorite part is:
"As we are certain you appreciate, the Federal Communications Commission (“FCC”) broadcast licenses granted to SBS and its subsidiaries are among the most, if not the most, valuable assets of SBS."
And a beautiful asset it is! I wonder how they will fix this snafu... lol
About SPANISH BROADCASTING SYSTEM, INC. (Formerly NASDAQ:SBSA - Currently OTCMKTS:SBSAA)
Spanish Broadcasting System, Inc. (SBS) is a Spanish-language media and entertainment company with radio and/or television stations in the United States Hispanic markets, including Puerto Rico.
The Company operates in two segments: radio and television.
The Company owns and operates radio stations in approximately six Hispanic markets in the United States: Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco.
Its television stations and related affiliates operate under the MegaTV brand. It produces and distributes original Spanish-language content, including radio programs, television shows, music and live entertainment through its multi-media platforms. It also maintains multiple bilingual Websites, including www.lamusica.com, Mega.tv and various station Websites that provide content related to Latin music, entertainment, news and culture, as well as the LaMusica mobile application.
LaMusica also streams its stations’ content.
Investor Relations for SBSAA:
For more information, contact: firstname.lastname@example.org
Pablo Raúl Alarcón Media Center
7007 NW 77th Ave.
Miami, Florida 33166
Phone: (305) 441-6901
Fax: (305) 446-5148
Most recent $SBSAA 8k from November 14th:
25% bump for $SBSAA today!! Closer to 100% intraday! Things are looking good here!
Shares sold off only because they were delisted off NASDAQ and blackrock couldn't hold them. Every other party has been a buyer (mgmt, small funds, 3rd avenue).
Maturity coming up for the notes next month and the debt trades like there's no chance of a default. We'll know what deal they've struck with the note holders (they got Stephen Goldstein working with them from Evercore, lots of experience) and then the FCC auction is coming soon.
SBSA bullish 3.99
breaking out and made pullback
hammer candlestick filled the gap
macd crossing 0 up recently
green volume picking up
romper y hecho retroceso
vela martillo llenó el vacío
reanudar la tendencia alcista
cruce de MACD 0 hasta hace poco
volumen verde recogiendo
2013 "Play of the Year" SBSA/NMGC Mega DD review: SBSA FOR SALE and judging by recint fruntloding, THA DEAL IZ DUN! Buyout deal by SNE in tha worxxxx since February cudd be annouct any Minit!(deal in tha worx actshully last oktobrr 2012 when Insieder Attiva furst fruntloded)
Then cumz $1.5m SBSA fruntlode by 3 big NY hedges in February 2013...
Itz all Dokumented in tha 8ks
Along with SBSA, NMGC(mkt cap $1.5m) changed itz bizniss model to Hispanik "ebay" Also last Oktobrr to compete with MELI(mkt cap $5.7B) ,,
All tha dd iz alreddy dun, Only thing left is to pull dat trigga
Attiva owns 65 out of 75m NMGC shares and bought $1m moar last Oktobrr- "UNRESTRIKTED" so you know they set it up so they cudd sell when NMGC getz bought out... as part of the SNE=SBSA deal.
Jus set it,, nn ferget it..
IT Really jus duzint gitt any FAST-rr... or EZ-rr
Targit 6-8$ SBSA
Targit 1$ NMGC
nn Hear cumz tha
tikk tikka tikkaaaaaaaaaaaa
$100k Fruntlode so far 2day on no-newz,, Now $4.24 +15% and Hitting tha nazdak leaderbored and Hot Munny momo Playurz now Ask-Smakking Thiz 4m Low-Floater
Wutt duz the fruntlodeing Insieder knowe .. Tha U don't?
5-10$ possybull within hourz On Momo Alone,,,
3 Big hedgies fruntloded at $4 in February
SBSA announced try to sell it self in February, with SONY nyse: SNE $21, menshuned as buyer Candidate
NMGC .017, 10m Flote, Owned by same Hedge Fund That runs SBSA, switched Biz Model to Spanish Ecommerce in Okotoberr 2012
to becum part of tha buyout deal
Itz Happening at SBSA $4.15/$4.24 + 13%, 4m Flote Buyout by SNE pending. Momo Playurs now jumping on az tha Munny train exxxxits tha stashun
tha Tha Play iz On Like Donkey kong
Destinashun 6-8$ Price targit
Itz Happening at SBSA $3.5/$3.6, 4m Flote, Big ask smaks last cupple dayz..
BUYOUT for $6-$8 by SNE set for 8-1-13?
The Principal Reporting Person (¨Attiva Capital¨) is currently in discussions with other shareholders of SBS on the idea that the Company should separate (¨spin-off¨) the Mega TV and Mega Films franchises
by selling its majority stake to a bigger media company like SONY Corporation
3 NYC hedge Fundz and the Attiva Hedge Fund fruntloded SBSA in February 2013...
nn Hear Cumz tha
tikka tikka tikkaaaaaaa
SBSA pumpt by seeking alpha today, 125 playurs got tha salez pitch and $35k just smacked that ask
Why gitt rich slow, when U kan gitt rich kiwk... at SBSA
4 millionz flote only
Urningz Kash Flow Exxxxploshun and BuyOut deal ded ahead,, Now printing $4.65 +24%% on tha
tikka tikka tikkaaaaa
LUFK buyout by GE deal today shows same trendz az SBSA cumming buyout deal by SNE...
LUFK fruntloded by insieders 12/19/12 and by 7 Fundz 1/24-2/14/13
(including BlackRok).. deal day 4/8
SBSA fruntloded by insieders 10/17-11/9/12 and by 3 Fundz plus Insieder 1/30-2/14/13(including Blakrok)
SBSA deal day within... Minitz?
SBSA deal win-dow is now 3 dayz, to stay on Nazdak SBSA needz to seal a deal with Sony tha one and Only by COB 3/28.
Insiedrrz kan sell aftrr
Urnings re-leese Today.
#1 - If they do sell, then prolly no deal happinin, and SBSA headed to otcbb Nexxxxt weak.
#2 - If no selling, Prolly tha Deal iz On.... Like Donkey Kong
tikka tikkaa tikkaaaaaaaaaa