The Chairman and CEO of SBS, Lamusica App at the top of Billboard's 2018 Power 100
Miami, FL.-Billboard, the leading global destination for charts, news, business, lifestyle and innovations in music, announced that Raúl Alarcόn Jr., Chairman and Chief Executive Officer of Spanish Broadcasting System, Inc. (the “Company” or “SBS”) (OTCQX: SBSAA), tops Billboard’s annual “Power 100”.
Opening its citation for Raúl Alarcόn Jr., Billboard says: “CLEAR SIGNAL OF POWER: Under the SBS chief's leadership, WSKQ-FM (Mega 97.9FM) New York remained the top Spanish-language station in the United States. He also expanded LaMusica, a free multimedia streaming service. Mr. Alarcón helms the company founded by his father, who fled the Cuban Revolution in 1960. The son has focused on expanding SBS' digital footprint and live business. In 2017, SBS' signature urban live show, Calibash, once again sold out the 21,000-seat Staples Center in Los Angeles.”
As the visionary Chairman and CEO of SBS, Mr. Alarcón has grown SBS from an influential radio network with stations in New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico;, to a multi-media empire built upon music. The company includes the 250+ affiliate AIRE Radio Networks; MegaTV, a network television owner/operator with over-the-air, cable and satellite distribution; SBS Entertainment, the largest independent producer/promoter of Hispanic concerts and events; and LaMusica, a music and video streaming app catering to Hispanic millennials. For over three decades, Mr. Alarcón has demonstrated an unwavering commitment to fostering and promoting Latino talent and artistry.
About Spanish Broadcasting System, Inc.
Spanish Broadcasting System, Inc. owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 300 affiliated stations reaching 94% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including www.LaMusica.com, an online destination and mobile app providing content related to Latin music, entertainment, news and culture.