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.
Lmao!! Hey ASSCLOWN! Drop the charade already. You got so much to say but but nobody buys your BS.
I know you've built this delusional conception of yourself as a some sort of master businessman and penny stock trader, who is "only stating the facts" and therefore must be right. And maybe you are clinically insane and you truly believe the shit that you type, but that's unlikely.
What's more likely is that your actual physical self is an insecure little bitch, too pathetic and so depressed by your sad existence that you've built this tough guy bull$hit internet persona to escape from the ever enticing concept of ending it all.
But whatever your reality is doesn't matter to me. You don't matter to me. So cut the "oh I'm so innocent just stating the facts" bull shit. No one cares about your opinion or believes the crap you spew, save for some unsuspecting newbs.
So if you want to have an actual conversation, start by ditching the "who me?" routine. But in the end, we both know that's your goal anyway. Pretty sure you're just another dooshbag doing what dooshbags do best, which is: acting like a dooshbag.
Love that last post regarding the latina hottie spokeswoman. Can you repost on the OTTV board, the contents of this post: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136107807
Scroll to the bottom to see the connection. Something Big is Coming...
Hey PB - Thanks for the message. I got blacklisted on the $OTTV board for tellin ol bull$shit like it is. I suppose I did use some colorful language in the process that some may consider graphic and offensive, but it was truth nonetheless. I guess ol shelly just has a hard-on for that dbag.
As for my board... I was not given an explanation as to why it was shut down. I assume its just more retaliation from SharkyMcShitFace and his flunkies. But at least they left it still viewable so all the DD is still accessible there.
Its no biggie anyway, I've continued diggin and continue finding more layers that have yet to be made known. From what I gather, I do believe next week is the week we've been waiting for, as was said in the recent PR. So I'm not overly sad to not be spending my time on the OTTV board bickering with dbags all day. email me or private message me on twitter if you're curious about my recent speculations - would be interested to hear your take on it.