FCC approves Latino Media Network acquisitions

[TheBigA]

The main purpose of the whole deal was to keep a conservative group from buying the Univision spin-offs. Nobody apparently bothered to ask if the stations were worth having.

Then the entire thing will be a flop, and Soros is out $60 million. He won't miss it. It's not like it was a loan that needs to be paid back.

 

[davideduardo]

Then the entire thing will be a flop, and Soros is out $60 million. He won't miss it. It's not like it was a loan that needs to be paid back.

While we disagreed on some of the procedures, we agree totally on the "bottom line". 🤔

 

[inari]

I don't know, maybe not a complete loss. I imagine in 5 years they might still be able to fetch $20 million for those stations.

 

[davideduardo]

I don't know, maybe not a complete loss. I imagine in 5 years they might still be able to fetch $20 million for those stations.

Some have the opinion that the stations will be discarded after the 2024 election. That seems rather severe, but they certainly have little or no value.

 

[inari]

Some have the opinion that the stations will be discarded after the 2024 election. That seems rather severe, but they certainly have little or no value.

I was thinking they try to keep it alive for three elections, the one in 2024, midterms in 2026, and another one in 2028. But if half the point was preventing Salem or whoever from launching a Spanish language right leaning talk radio network then I guess they already succeeded in part.

 

[davideduardo]

I was thinking they try to keep it alive for three elections, the one in 2024, midterms in 2026, and another one in 2028. But if half the point was preventing Salem or whoever from launching a Spanish language right leaning talk radio network then I guess they already succeeded in part.

Salem already has three Spanish language stations it just bought in Miami when it could not do a deal for the Univision stations.

I doubt Salem would do a national Spanish talk network. Three companies have tried to do national talk webs and none worked, as the interests, language usage and cultures of different Hispanic groups are very different.

 

[TheBigA]

More on the Latino Media Network, as they get closer to launching their service to radio:

With A Radio Foundation, LMN Aims To ‘Inform, Inspire And Celebrate’ Latino Community.

Latino Media Network closed on its $60 million purchase of 18 radio stations in ten cities from TelevisaUnivision in January, including high profile outlets like Miami’s “Radio Mambi 710” WAQI.

www.insideradio.com

 

[gr8oldies]

Not as extreme as that.

The big protests against the Soros instigated and financed purchase of the Univision dog stations all came from the staff at WAQI in Miami.

All are Cuban exiles or the family of exiles. All have personal or family experiences under Castro that are highly polarizing. Some, whom I know, had family or friends killed by the new socialist government. Others were incarcerated or had family put in jail for speaking out against Castro and his government. Others simply got tired of not being able to get food and a decent job. All left Cuba with strong reasons to hate the new government... and they hate anyone who sympathizes with them.

One of my dearest friends in Miami was a child when the Castro agents came to the home of her father, a college professor, and shot him in front of the whole family. Things like that make you hate that sort of totalitarian government.

If anyone is approaching totalitarianism, it's DeSantis. If we're as close to Communism as I keep being told we are, why am I still paying medical bills, even on the "socialist" Medicare (actually partially private Medicare advantage, where Capatalists spend tons of money on robocalls and TV commercials?

 

[davideduardo]

If we're as close to Communism as I keep being told we are, why am I still paying medical bills, even on the "socialist" Medicare (actually partially private Medicare advantage, where Capatalists spend tons of money on robocalls and TV commercials?

Medicare Advantage is simply evidence that in nearly everything private enterprise can do more for less than a government administered system.
I
We need government for many services such as national defense and systemic supervision and moderation But in many areas, either the free market or government supervised providers do better. While that is a principle of the Libertarian Party, much of its other “small for the sake of small” does not serve minority groups, the undereducated and the like.

I have a sister in law who has one of the Advantage plans. For no more money, she gets all kinds of added services that “straight” Medicare does not give. She has to stay in their system, Kaiser, but they take great care of her. That is an example of a non-government system within government purview that gives more service due to competitive forces at work.

 

[gr8oldies]

Medicare Advantage is simply evidence that in nearly everything private enterprise can do more for less than a government administered system.
I
We need government for many services such as national defense and systemic supervision and moderation But in many areas, either the free market or government supervised providers do better. While that is a principle of the Libertarian Party, much of its other “small for the sake of small” does not serve minority groups, the undereducated and the like.

I have a sister in law who has one of the Advantage plans. For no more money, she gets all kinds of added services that “straight” Medicare does not give. She has to stay in their system, Kaiser, but they take great care of her. That is an example of a non-government system within government purview that gives more service due to competitive forces at work.

My agent that I have my Medicare Advantage through is great and helps cut through the red tape. We also got my wife's ACA through her too....being Tennessee, choices and benefits are limited because "get more bootstraps, peasants!". I get the added services on my MA and they are handy, but I've got 2 drugs I can't get without $400 a month apiece and that's not happening. It still seems hundreds of thousands. of agents and websites, non-stop robocalls day and night, a seemingly unlimited ad budget costs the government money the can't go. to patient care. The current health care system isn't "free market" especially when someone is having to pray they don't get laid off with a child that had cancer.

 

[davideduardo]

My agent that I have my Medicare Advantage through is great and helps cut through the red tape. We also got my wife's ACA through her too....being Tennessee, choices and benefits are limited because "get more bootstraps, peasants!". I get the added services on my MA and they are handy, but I've got 2 drugs I can't get without $400 a month apiece and that's not happening. It still seems hundreds of thousands. of agents and websites, non-stop robocalls day and night, a seemingly unlimited ad budget costs the government money the can't go. to patient care. The current health care system isn't "free market" especially when someone is having to pray they don't get laid off with a child that had cancer.

My daughter and her family in Ecuador are covered by the national equivalent of our social security system. It is obligatory and everyone is covered.

They pay for a private health care plan and have never gone to any of the government clinics, doctors or hospitals. She does not know anyone in what we would call "middle class" or higher income groups that use the government plan.

In the government system, appointments can take half a year to get. The newer drugs and many of the ones not locally made are not covered; you can get them, but at a price. When you get to the doctor, you may wait 4 to 6 hours to be seen. Elective surgery may take over a year to get, and only then if it is covered.

This is not unlike what I have heard from friends in Mexico, Colombia, Argentina, Chile and Perú. So, to some extent, be careful what you ask for.

 

[TheBigA]

Throughout this thread, there have been comments made about the source of funding of Latino Media Networks, even where politicians sought to challenge the sale of the stations. Now it appears the company that sold those stations also has a political bias in its advertising and in its news coverage.

MSN

Commentary: Democrats Reeling As Spanish Language News Leader Changes Its Tune on Trump

Univision, the top-rated Spanish speaking network, is under new management and has taken a more favorable view of Donald Trump.

ijr.com

“The new ownership is essentially co-opting and kidnapping the soul and mission of what Univision has been up to now, and they are serving it up on a silver platter to Donald Trump,” said Maria Cardona, a political consultant and member of the Democratic National Committee. “It is going to mask the pernicious and dangerous politics that Donald Trump is going to implement if he becomes president again.”

 

[101.9 La Kalle]

Throughout this thread, there have been comments made about the source of funding of Latino Media Networks, even where politicians sought to challenge the sale of the stations. Now it appears the company that sold those stations also has a political bias in its advertising and in its news coverage.

Not surprised at all. I remember when Jorge Ramos (one of the hosts of Univision's national newscast "Noticiero Univision") went on The Late Show over on CBS to "let you know what makes Trump so dangerous."

 

[radiofan2023]

There are Republicans who have been against Trump from the beginning, too.

 

[Kelly A]

Some have the opinion that the stations will be discarded after the 2024 election. That seems rather severe, but they certainly have little or no value.

Certainly not $20million!

 

[davideduardo]

Throughout this thread, there have been comments made about the source of funding of Latino Media Networks, even where politicians sought to challenge the sale of the stations. Now it appears the company that sold those stations also has a political bias in its advertising and in its news coverage.

Not really. They seem to have adopted the parent Televisa's policy of being an open-forum centrist, giving a voice with no condemnation of all perspectives. Televisa has survived for 75 years in Mexico where there is a 3 to 4 party system and they have done well by being open to all.

What they did most recently was to offer an interview with Trump, which represents an opening of the door to Republican as well as Democratic party voices. They also introduced a new policy of not allowing opposing policy ads during any particular party's interview segment; this reflects their policy in Mexico which as worked so well.

 

[TheBigA]

They seem to have adopted the parent Televisa's policy of being an open-forum centrist, giving a voice with no condemnation of all perspectives.

That's not how it was seen by another news anchor, who resigned after the interview aired:

Univision News Anchor Leon Krauze Exits Network Days After Controversial Trump Interview

The journalist had been with Univision Noticias for years, working out of its Los Angeles station, and later its national newsroom.

www.hollywoodreporter.com

Anchor León Krauze out at Univision - Media Moves

Anchor León Krauze has abruptly exited Univision.

www.mediamoves.com

 

[davideduardo]

That's not how it was seen by another news anchor, who resigned after the interview aired:

Having been told that the long-standing Televisa corporate policy of not mixing opinion with news coverage was being applied at Univision, too, I expect several more of the most liberal Univision news staffers to leave.

 

[TheBigA]

Having been told that the long-standing Televisa corporate policy of not mixing opinion with news coverage was being applied at Univision, too, I expect several more of the most liberal Univision news staffers to leave.

However, the interview in question mixed opinion with news coverage, and was attended by Univision executives. The same ones who traveled to Mar-A-Lago.

 

[davideduardo]

However, the interview in question mixed opinion with news coverage, and was attended by Univision executives. The same ones who traveled to Mar-A-Lago.

It had no opinion commentary by the journalist… just by the interviewee.

Univision executives are actually TelevisaUnivision executives as that is the new name of the corporation.