A change may be on the horizon for Miami’s well-known Spanish-language radio market.
A group of Latino investors have offered $60 million to purchase one of Miami’s best-known so-called “Cuban radio” stations, among others across the country. The potential sale was announced on June 3.
Radio Mambi is one of the 18 AM and FM stations being sold by the TelevisaUnivision network and the media group, purchasing the stations in Miami, New York, Los Angeles and Las Vegas, is the newly formed Latino Media Network.
