Spanish Broadcasting System, the radio broadcasting company that also serves as the parent for MegaTV, the LaMúsica digital app and its Aire Radio Networks national audio arm, will come under majority control of non-U.S. based financial investors once it emerges from bankruptcy.
That’s at least what SBS is requesting from the FCC. And, that has generated an opposition from a party who also wants the Commission to retain the current Spanish-language programming on the stations once the ownership change at SBS has transpired.