Spanish Broadcasting System
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| Public | |
| Traded as | NASDAQ: SBSA |
| Industry | radio/television and Internet |
| Founded | Newark, New Jersey, USA (1983) |
| Headquarters | Miami, Florida, United States |
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Key people
|
Raúl Alarcón, Jr., Chairman and CEO |
| Revenue |
 US $177 million (2006) |
|
US $84 million (2006) |
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US $40 million (2006) |
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Raúl Alarcón, Jr., Chairman and CEO
Héctor Marcano, President
Pablo Raúl Alarcón, Sr., Chairman Emeritus and Director
Spanish Broadcasting System, Inc. (SBS) is one of the largest owners and operators of radio stations in the United States. SBS is also invested in television and internet properties, deriving the majority of its income from advertising through its media products.
SBS owns the internet portal LaMusica.com. It also acquired WSBS-TV in Miami, Florida, KTBU in Houston, Texas and WTCV in San Juan, Puerto Rico, known as MEGA TV.
SBS targets the U.S. Hispanic audience in six geographic regions: greater Los Angeles, greater New York, Puerto Rico, greater Chicago, greater Miami, and greater San Francisco.
Spanish Broadcasting System was founded by Pablo Raúl Alarcón, Sr., who started in Spanish-language radio broadcasting in the early 1950s when he started his first radio station in Camagüey, Cuba, and his son, Raúl Alarcón, Jr. Alarcón Sr. had acquired 14 radio stations by the time he fled Cuba with his family to the United States in 1960. In the U.S. he continued his career as an on-air personality at a New York radio station after arriving in the United States before being promoted to programming director. He subsequently owned a recording studio and advertising agency before borrowing $3.5 million USD to purchase the first SBS radio station, WSKQ-AM (La Super 1380) in 1983 with his son, Raúl Alarcón Jr. Alarcón Sr. would serve as SBS Chairman of the board of directors, while his son would serve as an account executive in the sales department.
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Wikipedia