Spanish Broadcasting System Announces New Leadership Appointments

"As we continue to enhance our cross-platform multimedia offerings, it is critical that we also reshape our national and network business units for long-term success," said Albert Rodriguez, COO, SBS, "Elisa Torres and Michelle Marino make an exceptional team. They have played a significant role in establishing a results-driven, innovative and synergistic operations and sales team with AIRE, our radio networks division. We are confident that under their leadership, they will streamline our network and national business operations in order to deliver competitive offerings in the Hispanic marketplace."

Elisa Torres, EVP, Aire Radio Networks and National Radio Sales, spearheaded the launch and development of Spanish Broadcasting System, Inc.'s radio network, AIRE Radio Network; which reaches over 17 million Hispanics in an average week and covers 95% of the Hispanic DMA with over 265 U.S. Spanish Language affiliates. In her expanded role, she will oversee the integration and development of the network and national radio business and sales operations. In addition, she will manage SBS's national rep firm, Gen Media.

Torres, one of the first women leaders in the company and the media industry, has been with SBS for over five years. She has led all aspects of the network radio operational strategy as well as all affiliate and syndication efforts.  Prior to joining SBS, Torres was an executive for Cumulus Media/Formally ABC Radio Networks from 2004 to 2013.

In her new role as SVP, Aire Radio Networks and National Radio Sales, Michelle Marino, a sales veteran with over 20 years of experience, will be responsible for implementing all network and national sales strategies, including developing client relationships and creating competitive integrated marketing platforms to drive new revenue for SBS. 

Prior to joining AIRE Radio Networks/SBS, Marino was VP, sales for Univision Network Radio.

About Spanish Broadcasting System, Inc.
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. For more information, visit us online at www.spanishbroadcasting.com.

Forward Looking Statements
This press release contains certain forward-looking statements.  These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release.  Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that actual results will not differ materially from these expectations.  "Forward-looking" statements, as such term is defined by the Securities Exchange Commission in its rules, regulations and releases, represent our expectations or beliefs, including, but not limited to, statements concerning our operations, economic performance, financial condition, our recapitalization plan, growth and acquisition strategies, investments and future operational plans.  Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "forecast," "seek," "plan," "predict," "project," "could," "estimate," "might," "continue," "seeking" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements.  These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, those identified in our reports filed with the Securities and Exchange Commission including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2017.  All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

SOURCE Spanish Broadcasting System, Inc.

Related Links

http://www.spanishbroadcasting.com