América CV Network President/CEO Carlos Vasallo has announced his intent to purchase Spanish News/Talk “Radio Caracol” 1260 WSUA/94.3 W232DX Miami.
WSUA has been operated by Grupo Latino de Radio, a subsidiary of Spanish media conglomerate Prisa, since 2003, but a 2017 application to increase their ownership stake from 25% to 100% was dismissed at their request in February after failing to close. Terms of the sale to Vasallo have not been disclosed as the deal has yet to be filed with the FCC.
Vasallo recently gained majority control of America-CV Station Group, Caribevision Holdings, America-CV Network and Caribevision TV Network through their exit from Chapter 11 bankruptcy restructuring in March. The companies own Spanish language programmed low-powered television stations in Miami, New York and San Juan operating as AméricaTeVé and Teveo with a very right-wing leaning news product. The company announced it plans to rebrand WSUA as “America Radio 1260” to better match the television stations.
Newsweek reports that WSUA has already parted ways with midday host Raul Martinez replacing him with América TeVé personality Juan Manuel Cao as part of a move to Spanish Conservative Talk at the station.