| Business Summary | | Spanish
Broadcasting
System
Inc.
is
a
Spanish-language
radio
broadcasting
company.
The
Company
currently
owns
and
operates
23
FM
radio
stations
and
one
AM
radio
station.
The
Company
operates
an
additional
AM
radio
station
under
a
time
brokerage
agreement.
All
25
of
the
Spanish
Broadcasting
System's
stations
are
located
in
eight
of
the
largest
Hispanic
markets
in
the
United
States,
including
Los
Angeles,
Puerto
Rico,
New
York,
Miami,
San
Francisco,
Chicago,
San
Antonio
and
Dallas.
The
Company's
radio
stations
reach
over
61%
of
the
United
States
Hispanic
population. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Spanish
Broadcasting
System
owns
and
operates
24
Spanish-language
radio
stations
in
eight
of
the
top-ten
U.S.
Hispanic
markets,
including
LA,
NY,
Puerto
Rico,
and
Miami.
For
the
39
weeks
ended
6/24/01,
revenues
rose
11%
to
$98.3
million.
Net
loss
applicable
to
Common
and
before
extraordinary
item
fell
83%
to
$4.1
million.
Results
benefited
from
stations
acquired
during
2000,
the
benefits
of
an
AOL
Time
Warner
barter
agreement,
and
the
absence
of
$28.4
million
in
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Raul Alarcon, Jr., 44 Chairman
of Directors, CEO and Pres | $2.2M | Joseph Garcia, 55 CFO,
Exec. VP and Sec. | 450K | William Tanner, 56 Exec.
VP- Programming | -- | Luis Diaz-Albertini, 47 VP/Group
Sales | 305K | Jesus Salas, 25 VP
of Programming | -- | Dollar amounts are as of 26-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|