A democrat-led media group is making a move to challenge conservative dominance over talk radio in the Spanish-language market and will buy 18 major Spanish-language radio stations owned by the TelevisaUnivision network including a leading conservative station Miami’s Radio Mambí.
This from slaynews.com.
According to WLRN, the Latino Media Network (LMN) is buying the stations. The new media company is headed by Stephanie Valencia, a Latino outreach director for former President Barack Obama, and democrat activist Jess Morales Rocketto.
They will buy the stations for $60 million according to the report. LMN is a startup in the media space and raised $80 million from “leading Latino investors” and an investment group, Lakestar Finance, associated with major democrat donor George Soros.
The move comes as a response to conservatives dominating the talk radio business in English and Spanish.
The democrat-communist party blamed Biden’s poor showing in Florida on Spanish language stations spreading ‘misinformation’ about Biden and the democrats.
That is what the [democrats] do when they lose, blame ‘misinformation.’ But many [democrat] strategists were sounding the alarm about the Latino shift to the GOP way before the election and especially in places like South Florida.
The group is buying important AM and FM stations located in 10 of the country’s largest Latino markets, including Miami, New York, Los Angeles, Chicago, Dallas, San Francisco, Houston and Las Vegas.
Other LMN investors are Hollywood actress Eva Longoria and radio entrepreneur Tom Castro.
Valencia said:
Latinos are constantly trying to navigate the ocean of information.
In some cases that is disinformation, in some cases that is very one-sided communication.
In the Latino community radio still plays such an important part, and in places like Florida it obviously plays a critically important part.
From some of the research we’ve seen, upwards of 70% of Latinos are getting their news and information about politics and elections from places like YouTube and that Latino’s are looking for trusted voices.
The democrats were furious Radio Mambí (WAQI 710 AM) called Biden a “socialista” who would turn the USA into Venezuela. So they bought it and will shut down that kind of talk.
Valencia said:
There are elements of Radio Mambí that are really important to preserve. It has been an important part of the community and experience in Miami.
But we do believe in balanced journalism.
As Latinos drive population growth in the United States and with minority media on the decline, now is the time to be investing in more resources to create content for Latinos by Latinos.
This is big news.
“Univision is selling many of its Spanish-language radio stations — including Miami's ultraconservative Radio Mambi — to a group led by Democrats.”
Stations are located in 10 of biggest Latino markets including: Miami, NY, LA, Chicago.https://t.co/ImiC1K9tK5
— Sabrina Rodríguez (@sabrod123) June 3, 2022
We knew this was coming. The only surprise is that the democrats and their BIG money donors hadn’t made this move sooner.
Now, what will the GOP do to counter this democrat-communist move?
God speed to Conservatism.
