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Spanish Broadcasting System Sells Puerto Rico TV to Christian Media Group
Prnewswire· 2025-06-05 19:56
Core Perspective - Spanish Broadcasting System, Inc. (SBS) has entered into an Asset Purchase Agreement to sell WVEO(DT), WTCV(DT), and WVOZ-TV Puerto Rico to Word of God Fellowship, Inc., enhancing its focus on core audio and digital businesses [1][2] Group 1: Strategic Focus - The sale reinforces SBS's commitment to its leading radio portfolio and digital platforms, including the most-listened-to station WSKQ-FM and the highest-rated Latino music streaming app LaMusica [2] - SBS aims to expand its core competency in delivering culturally resonant content through radio and digital channels, which connect and inform Hispanic audiences [3] Group 2: Daystar's Mission - Daystar Television Network plans to utilize the acquired signals to bring its faith-based channel "Daystar Español" to Puerto Rico, focusing on inspirational content for local communities [4] Group 3: Continued Presence - SBS will maintain a strong presence in Puerto Rico through its top-rated radio stations, ensuring continued engagement with the island's listeners [5]