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SBS & Grupo Radio Centro Settle Employee Poaching Lawsuit

Spanish Broadcasting System and Grupo Radio Centro have come to a confidential settlement over SBS’s lawsuit contending Grupo Radio Centro had been raiding the company’s executives and on-air talent for its “Radio Centro 93.9” KXOS Los Angeles. SBS filed suit in February 2016 after Martin ‘El Ratón’ Romero Hernandez jumped from mornings at their “La Raza 97.9” KLAX to middays at KLAX despite being under contract until 2020 and having just started a marketing campaign built around the talent. GRC had previously brought over morning host Ricardo ‘El Mandril’ Sánchez and SBS’ VP/Corporate Sales and West Coast Market Manager Bill Shadorf and nine other employees from SBS over a 30 month stretch. Judge Beverly Reid O’Connell ruled in May 201...[Read More]

Meruelo Group Making A Play For Spanish Broadcasting System?

Following the $82.75 million purchase of “Power 106” 105.9 KPWR Los Angeles from Emmis, is The Meruelo Group planning a bigger radio play? Buried in a Las Vegas Review-Journal profile of Meruelo Group head Alex Mereulo following the purchase of the SLS Hotel & Casino last week, was the tidbit that Mereulo has been quietly buying up shares of Spanish Broadcasting System. SBS has been dealing with a number of financial difficulties since the start of 2017 as it has been delisted from the NASDAQ exchange, inability to sell its television licenses in the FCC TV Spectrum Auction, and having $275 million in debt notes default on April 17. This has seen their stock plummet from a 52 week high of $4.60 per share on November 29 to a low of 42 cents on April 16 and back up to 90 cen...[Read More]

SBS Syndicates El Terrible From Chicago To Los Angeles & San Francisco

Spanish Broadcasting System has begun syndicating “La Ley 107.9” WLEY Aurora/Chicago morning hosts Terry ‘El Terrible’ Cortez, Kristel ‘La Kristy’ Yañez, and Johnny ‘El Perro’ Orta on their co-owned stations in Los Angeles and San Francisco. The show has relocated to “La Raza 97.9” KLAX-FM East Los Angeles where it replaces “El Vacilon de la Mañana” hosted by Ramon “El Monchies” Moran, Felix Castillo, and El Compadre Pop in the 6-10am daypart. It also will be airing on “La Raza 93.3” KRZZ San Francisco. Both Cortez and Yañez joined WLEY in 2014 from Univision’s 101.9 KSCA Los Angeles where they were parts of the syndicated Piolin show from 2001-2013. Spanish Broadcasting System Inc. (OTCQX: SBSAA) (SB...[Read More]

Marko Radlovic Returns To SBS As West Coast Regional Manager

One week after exiting the Market Manager position for Cumulus Los Angeles, Marko Radlovic is joining Spanish Broadcasting Systems as SVP/West Coast Regional Manager overseeing “Mega 96.3” KXOL and “La Raza 97.9” KLAX Los Angeles and “La Raza 93.3” KRZZ San Francisco. This marks a return to SBS for Radlovic, who previously spent a decade at the company including two terms as corporate Chief Revenue Officer and Executive Vice President/Chief Operating Officer, VP/Sales and General Manager of the two Los Angeles stations. SPANISH BROADCASTING SYSTEM, INC. (“SBS”) today announced that Marko Radlovic has been named Senior Vice President and West Coast Regional Manager, supervising all operations at KLAX-FM and KXOL-FM in Los Angeles and KRZZ-FM i...[Read More]

Contract Dispute Leads To Claims Of Ratings Fraud

Update 12/3: The Los Angeles Times reports that El Mandril was the focus of an investigation into potential ratings tampering. His manager stated that the push came from competitors “concerned that Mandril was being so successful”. The allegations claimed that PPM holders were contacted by people associated with the show and encouraged to listen. There is still no concrete answer as to if that led to his being taken off the air. The Times report quotes his manager as stating that he was pulled simply as part of a contract renegotiation, but that a KLAX executive said El Mandril’s show “was taken off the air because of an investigation”. Original Report 11/27: Ricardo ‘El Mandril’ Sánchez has been off the air at SBS’ Regional Mexican stations ...[Read More]