(Molly Bruns, Headline USA) A group of investors with backing from leftist oligarch George Soros has purchased 18 different conservative-oriented Spanish-language radio stations in 10 cities across the country, according to Slay News.
In a $60 million deal, the group—founded by former Obama staffers Stephanie Valencia and Jess Morales Rocketto—will be starting the Latino Media Network.
“We believe in the power and reach of radio and it remains a main source of media for a significant number of our community,” Rocketto told NBC News. “We hope to create relevant content for radio and other audio platforms with content that our community can trust and rely on.”
The radio stations are located in 10 of the country’s largest Latino markets—Miami, New York, Los Angeles, Chicago, Dallas, San Francisco, Houston and Las Vegas.
LMN released a statement saying they had secured financing from “leading Latino investors,” as well as Lakestar Finance, a Soros-associated investment group.
The sales must still be approved by the Federal Communications Commission before they can be operational as LMN stations. This process could last several months, and could go into 2023, the National File reported.
In the meantime, they will benefit the Democrats by removing from the air alternative perspectives that may be contributing to a mass exodus of Hispanic and Latino voters from the party.
“Latinos are constantly trying to navigate the ocean of information,” Valencia said in a statement. “In some cases that is disinformation, in some cases that is very one-sided communication.”
Radio Mambi, a conservative talk radio station in Miami, Florida, is one of the company’s acquisitions. The station is known to leftists as a “misinformation spreader” and a strong anti-communist network by Cuban exiles.
This issue has come the attention of Florida Gov. Ron DeSantis, as well as several Florida lawmakers.
The Soros-funded radical Left is running a scheme to manipulate local media in Florida to push their Marxist agenda on voters.
In Florida, we reject the professional Left & their attempt to infiltrate our state & will always stand for truth and freedom.https://t.co/OeLbSDpJVh
— Ron DeSantis (@RonDeSantisFL) June 6, 2022
https://twitter.com/marcorubio/status/1534144721014120452
https://twitter.com/BrendanCarrFCC/status/1384231810167578625
