Updated at 12:30pm Eastern
“We continue to execute our strategic plan during an economically sluggish second quarter, including investing in multiple growth initiatives, while simultaneously driving further reductions in our operating costs.”
That’s the one-sentence summation of Spanish Broadcasting System’s second quarter earnings results from Chairman/CEO Raúl Alarcón Jr., shared late Sunday by SBS’s founder — and just nine days before the end of Q3. The news came ahead of confirmation from Streamline Publishing’s Radio Ink that SBS’s Chief Network Officer has departed the Miami-headquarted media company.
