Tuesday, October 21, 2014

FEATURED STOCK :Spanish Broadcasting System Inc. (SBSA)



Spanish Broadcasting System Inc. (SBSA)

 -NasdaqGM  
4.12 Up 0.58(16.38%) 4:00PM EDT

Best Bid /Ask:$ 3.75 / $ 5.83
1 Year Target:
Today's High/Low: / 
Share Volume:
50 Day Avg. Daily Volume7,980
Previous Close:$ 3.54
52 Week High /Low:$ 7.46 / $ 3.07
Market cap$ 26,810,257
P/E Ratio:NE
Forward P/E(1y)
Earnings Per Share (EPS)$ -1.61
Annualized dividendN/A
Ex Dividend DateN/A
Dividend Payment DateN/A
Current Yield0 %
Beta2.53
NASDAQ Official Open Price$ 3.84
Date of Open PriceOct. 21, 2014
NASDAQ Official Close Price$ 4.12
Date of Close PriceOct. 21, 2014
Community SentimentBullish

Intraday Chart

Company Description (as filed with the SEC)

All references to “we”, “us”, “our”, “SBS”, “our company” or “the Company” in this report mean Spanish Broadcasting System, Inc., a Delaware corporation formed in 1994, and all entities owned or controlled by Spanish Broadcasting System, Inc. and, if prior to 1994, mean our predecessor parent company Spanish Broadcasting System, Inc., a New Jersey corporation, and its subsidiaries. Our executive offices are located at 7007 N.W. 77 th Avenue, Miami Florida 33166, our telephone number is (305) 441-6901, and our corporate website is www.spanishbroadcasting.com. We are a leading Spanish-language media and entertainment company with radio or television stations in the top seven U.S. Hispanic markets, including Puerto Rico, ranked by purchasing power. Our radio stations serve markets representing approximately 40% of the U.S. Hispanic population, and our television operations serve markets representing over 3.5 million Hispanic households.  ... More ... 



WSKQ-FM Mega 97.9FM Leader In The Tri-State Area In New York As The #1 Station In The Market Regardless Of Language

PR Newswire 
NEW YORK, July 10, 2014 /PRNewswire/ -- (Big Time Media/SBS-MegaTV) --- Spanish Broadcasting System, Inc. (SBS);(SBSA), today announced that itsNew York stationWSKQ-FM "Mega97.9FM" achieved significant ratings gains and strengthened its market position in Nielsen's recently-released June 2014 Nielsen Audio bookWSKQ-FM Mega 97.9FM has captured the number one position amongst all RADIO stations in the Tri-State New York market, for Adults 18-49, regardless of language.
- New York: WSKQ-FM (Mega 97.9FM)- #1 station among ALL Adults 18-49 Mon-Sunday 6a-12mid in New York regardless of language.
Albert Rodriguez COO of SBS commented, "As WSKQ-FM Mega97.9FM continues to lead and reach listeners in New York, we are confident that audiences will only continue to grow even more so, as demonstrated in the latest New York Arbitron rankings. The Hispanic community is growing rapidly and SBS New York will continue to provide quality, compelling entertainment to satisfy its listeners."
"The SBS Radio cluster in New York has consistently served as the leader in the NY Latino market place for over 30 years. Today we have only strengthened that position by becoming the number 1radio station in New York regardless of language amongst key advertising demos, A18-49," said Eric Garcia VP of Sales of SBS New York"Our Arbitron performance reflects our strategic advantages and tactical strengths, which benefit both the communities we serve and our clients who are tapping into the branding power of WSKQ-FM Mega 97.9FM by reaching the fast growing Hispanic consumer segment."
Jesus Salas EVP of Programming of SBS commented, "WSKQ-FM Mega 97.9FM reaching the number one rank over all the stations in New York regardless of language is an impressive and history making event. WSKQ- Mega 97.9 FM has a close tie with the local community unlike any other station. Our on air personalities have formed an emotional relationship with our millions of listeners in a unique way.
WSKQ-FM "Mega 97.9FM" radio personalities have captured New Yorkers with the best on air content and music. The solid ratings performance confirms Spanish Broadcasting's leadership commitment to delivering the growing Hispanic consumer audience the best original programming throughout the Tri-State area.
About Spanish Broadcasting System, Inc.:
Spanish Broadcasting System, Inc. is the world's largest media and entertainment company publicly controlled by Hispanics in the United States. SBS is the owner and/or operator of 21 radio stations located in the main Hispanic U.S. markets in New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, including the first Spanish-speaking radio station in the United States, WSKQ-FM in New York City, as well as 4 of the most tuned-in radio stations for Tropical, Regional Mexican and Adult Contemporary content in Spanish and Urban format. The Company is also the owner and operator of MegaTV, a television station serving the markets of South Florida and Puerto Rico. SBS also produces events and live concerts throughout the U.S. and Puerto Rico. In addition, it operates www.lamusica.com, a bilingual Internet portal providing Latino music, entertainment, news and culture. The Company's corporate website is at: www.spanishbroadcasting.comwww.mega.tV and www.spanishbroadcasting.com

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