Except that Alarcón no longer has equity in the company his father founded.
-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
Final days of SBS
- Thread starter JoesancNY
- Start date
So is the family out like in the Audacy bankruptcy? Or will Raul continue as an Employee?
I just listened to WPRM in Puerto Rico and they just released a promo essentially making fun of SBS being bankrupt.😬
I can't decide if that's savvy or petty for the local company with a sweetheart deal with iHeartRadio going against the national company. Whether you think it's fair or not, they're playing two different games.
I can't decide if that's savvy or petty for the local company with a sweetheart deal with iHeartRadio going against the national company. Whether you think it's fair or not, they're playing two different games.
Isn't Uno Radio Group is practically an extension of iHeart at this point? If so, it's pretty ironic that they're making fun of SBS considering it was less than a decade ago that they went bankrupt themselves (2018).
Institutional memory is not a strong point of today’s broadcast companies.😑🫥
And I think most of the owners of the broadcast companies today belong in an institute.
I had a whole screed prepared to post here, but as I thought about it, it didn't seem fully relevant, so instead, I will say simply that I agree with @Yabadabado1 .
c
c
My understanding is that the deal with IHeart has been minimized and only includes national sales, like a rep agreement.
SBS's stations used to make fun of us, particularly of Salsoul. Now they get payback. SBS destroyed the rate structure in the market, and they deserve to be ridiculed in Puerto Rico.
UnoRadio is not owned by iHeart. And UnoRadio did not go bankrupt nor was it financially affected by whatever went on with iHeart. The deal with UnoRadio consisted of some "affiliations" for the iHeart concerts and events and being part of the national sales effort of iHeart. Neither were affected by the reorganization of iHeart.
The statements issued so far say that Raulito will continue as CEO during the transition.