Democratic Party fundraisers are backing a $60 million purchase of Spanish-language radio stations in ten U.S. cities.
Stephanie Valencia, who helped lead Obama’s White House Office of Public Engagement, co-founded the Latino Media Network. The Latina strategist heard about four or five months ago that TelevisaUnivision had plans to sell radio stations. TelevisaUnivision said in a statement it met with dozens of potential buyers.
Martha Flores, who hosts an evening show on Radio Mambi, isn’t sure about that. She attended the news conference but declined to speak.Radio Mambi got its start in the 1980s with support from the Reagan administration and has long received federal funding to beam Radio Marti’s anti-communist content into Cuba for an hour after midnight each morning. Cuba, in turn, tries to jam the station’s signal from reaching the island.