Hispanic Orgs Fight Back Against Soros Funded Latino Media Company

Hispanic organizations are mounting the fight against a $60 million cash deal funded by a finance firm associated with Billionaire investor George Soros and other prominent Democrats to purchase 18 radio stations from the Spanish language multimedia conglomerate, TelevisaUnivision.

Pending Federal Communications Commission (FCC) approval, Stephanie Valencia, a former Obama administration staffer, and Jess Morales Rocketto will launch the Latino Media Network. The deal will mark the largest single acquisition of radio stations by a Latino-based company which Hispanics say is a move to attack their free speech.

One of the 18 AM and FM channels that Latino Media Network will acquire in the deal is one of Miami, Florida’s top Cuban radio stations, Radio Mambí.