At the end of the day, regardless of capital stack positioning, the Soros funds made an investment in broadcasting, and did so knowing that the debt was likely to be converted to equity.
Well, since the station I was General Manager for in Miami was, indeed, burnt down for political reasons, I kinda' have the right to that sort of opinion.
Not at all similar. Heck, the station's name is even that of a Cuban patriot!
WAQI was not "Conservative Talk". It was "Anti-Castro Talk" and "Anti-Communist Talk".
Interestingly, if left alone, those stations as a group were profitable. Several individual ones were not, but they could have left most of them alone and worked first on the negative ones... instead, they messed with several of their higher billing stations. The explanation, of course, was that "WAQI could do much better in today's world with a more moderate, international perspective". This belief started with two later-generation American Hispanics who had no family experience or perspective on the attitudes of the refugees of a totalitarian government that killed, imprisoned and penalized anyone who opposed them
No, the deal was on a station by station basis. In the case of Radio Mambí, they wanted the changes to be immediate. That is why their key anchors left immediately and others departed soon after.
The problem there is that there are far less Venezuelans in Miami and even less who would get meters. And those Venezuelans, at around 80%, have indicated that they will return home once the country is stabilized.
I talked every few days with some of my former colleagues at WAQI at the time; as soon as the sale went down, there were meetings about being more "balanced".
Yes, at some of the stations... such as the sports AM in Houston. At others, the majority of which had always been locally programmed, they continued as such with new management. And, of course, some of the music FM stations like Vegas and Fresno, continued to take AM and PM personality shows from Univision.
With a "liberal " dose of cynical falsehood and deception. This whole issue was well documented at the time. here is and NPR report I remembered that summed it up: https://www.npr.org/2021/11/08/1053...talk-radio-in-miami-is-tearing-families-apart
However I’ve never heard of a Cuban targeted station named “Radio Batista”.🤪
With such stations being “anti this and anti that”…is there any grasp of what they are….well….for?🤔🤨
You know, I can tolerate a bit of hyperbole when people are very deeply involved in a cause; for example, when our president is called a nazi (I knew real, Hitler era Nazis so I can tell the difference).
Batista was not a “prócer” so there is something you can look up.
Yes, a democratic government with elected officials.
The United States is the model.
Yes, I am sure you are well associated with the Nazi's of Latin America. Much of the Third Reich fled that to Argentina and were welcomed. The USA took in a number of scumbags from Hitler's regime as well. Our Space program used them.
Similar to the "democracies" we ushered into Latin America & Caribbean on tanks and gunships.
The issue was that they were being asked to temper or tone down their intense dedication to the anti-Castro sentiments of their programming.
But the people on the air and in programming were there principally to support their cause against the communist dictatorship in Cuba. What you suggest is like telling a Mormon congregation that their church building has been sold and now they have to come to a Jehovah’s Witness service instead. This is about a cause, not about radio.
The last I looked, there are no cumulus stations based on the needs and interests of an exile community that is in opposition to the current government of their homeland.
Actually, I accidentally cam to assist Israeli intelligence in the 60’s in their effort to find and capture Martin Bormann. Bormann was, at the time, thought to be in the Amazon headwaters where Brazil, Ecuador and Perú meet. So, when I was invited to a reception at the estate of the local Hoechst manager and took a wrong turn leading to the bathroom, I came upon a home office where a huge picture of Hitler was hung and it had to each side the Nazi secret police flags.
Yet in fairness, it can be said that many of those scientists had no choice, but to assist their country’s government. In many cases, the situation had advanced too far for them to extricate themselves.
Not similar at all. What I saw in Argentina had no relation to American “peacekeeping” in other nations in fact, I saw no involvement at all there. On the other hand, in Ecuador, it was only after the inebriated president of that nation climbed on a banquet table and walked on it across to the American ambassador and peed on him that the United States gave a assistance to the military to remove that drunk. That action was soon followed by an election that was done quite peacefully and properly.
radioink.com
Sound exchange might as well accept the fact that they are going to "take a haircut"..Cumulus has retained its management through the end of the year:
Cumulus Locks In Executives Post-Restructuring With New Pay, Equity Packages.
Cumulus Media is locking in executive leadership during Chapter 11, reaching tentative deals to retain CEO Mary Berner and CFO Francisco Lopez-Balboa. The agreements include slightly lower base salaries offsetwww.insideradio.com
There are also two objections, one coming from SoundExchange:
Cumulus Bankruptcy Faces Objections Over Royalties, Release - Radio Ink
SoundExchange and the US Trustee for Region 7 have filed separate objections to Cumulus Media's prepackaged Chapter 11 plan, raising concerns over royalty audit rights and nonconsensual third-party releases.
She is a specialist in dealing with companies in trouble. She was brought in to Reader's Digest to plan for an inevitable bankruptcy with the idea of structuring the company so that as many of the creditors could be paid as much as they could be while maintaining relationships that would allow the business to continue after reorganization.
