Can SBS Be Swayed By Bluestone?


In the idyllic village of Tortola in the British Virgin Islands, steps from the Inner Harbour, sits an unsuspecting two-story structure with a pharmacy on the lower floor and offices on the second floor.

Taking space inside those offices in Vanterpool Plaza is Bluestone Financial Ltd., an investor group that controls an e-commerce platform acquired in October 2012. The digital Amazon-like website has its sights on U.S. Hispanics and Latin American consumers.

Now, Bluestone has its sights on some key Spanish Broadcasting System assets, thanks to a big increase in its stake in the Miami-based company controlled by Raul Alarcón Jr. But, it’s nothing new for Bluestone and the man who seeks more profits for that online platform.

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