Radiovisa Closes on KPLS Los Angeles Flips to Radio 830 AM KMXE - Spanish Talk Radio
Los Angeles – January 5, 2004 - Radiovisa Corporation closed on its flagship Spanish Talk radio station in Los Angeles. On December 29th, the Company unveiled Radio 830 AM KMXE Spanish Talk. The acquisition and format change also signal the official launch of Radiovisa’s 24-hour network format.
“This strategic acquisition provides Radiovisa with a flagship “superstation”, said Radiovisa Chairman Steve Lehman. “KMXE is a 50,000 watt blowtorch that is now the largest Hispanic AM radio signal in the US, blanketing Los Angeles, Orange, Riverside and San Bernardino counties. Radiovisa COO Ray De La Garza has worked diligently to put together a compelling Hispanic Talk line-up that is now syndicated and available to stations looking to generate ratings and sales. The Hispanic market is on fire and we’re the setting the new standard in Spanish Talk Radio. ¡Así se Habla!”
KMXE VP/General Manager Zeke Chaidez stated, “I am extremely proud to be a part of the introduction of a format that will provide listeners in Los Angeles with informative and compelling content that is relevant to the overwhelmingly large Mexican population. Our goal is to superserve our advertisers by providing them with an opportunity to reach a quality consumer effectively and efficiently. As an Hispanic and as a radio professional, it is exciting to see Spanish language radio evolve to the next level of growth.”
Radiovisa currently produces and syndicates 24 hour programming including Gerardo Por La Mañana, Deportes Y Más, En Privado, The Juancarlos Show, En El Medio and Notisistema’s hourly news and sports updates. Radiovisa's programming is aired in Los Angeles, Washington D.C., Las Vegas, Atlanta, Indianapolis and Kansas City among others. Radiovisa is financed by the following group of esteemed investors: Quetzal/JPMorgan Partners, LP, a private equity fund focused exclusively on investing in ethnic owned, controlled or managed communications companies; ACON Investments, an international private equity firm with diversified investments including media companies serving the U.S. Hispanic market; Opportunity Capital Partners, a private equity firm that provides financing to companies in the telecommunications, information technology and healthcare sectors that are led by minority and women entrepreneurs; Andell Holdings, a private investment firm with global holdings in media, entertainment, telecommunications and other sectors; Telecommunications Development Fund, a private equity firm that provides financing to communications companies; and Pacific Community Ventures, a double bottom line investor that provides financing and critical resources to businesses with the capacity to bring significant economic gain to targeted, under-served communities in California.
Press Contact:
Kelly Edwards
Business Development
Radiovisa
(818) 528-2550 ext. 24
(818) 784-8824 Fax
kedwards@Radiovisa.com
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