A Democrat-led media group is making a move to challenge conservative dominance over talk radio in the Spanish-language market and will buy 18 major Spanish-language radio stations owned by the TelevisaUnivision network including a leading conservative station Miami’s Radio Mambí. According to WLRN, the Latino Media Network (LMN) is buying the stations. The new media company is headed by Stephanie Valencia, a Latino outreach director for former President Barack Obama, and Dem activist Jess Morales Rocketto.
They will buy the stations for $60 million according to the report. LMN is a startup in the media space and raised $80 million from “leading Latino investors” and an investment group, Lakestar Finance, associated with major Dem donor George Soros..........
