Two Latinas bought 18 mostly Spanish-language radio stations from TelevisaUnivision last year. That triggered an outcry from Republicans who asserted the buy would silence conservative voices.
Since the stations’ purchase, Valencia and Morales Rocketto have pushed back when asked if their programming will serve as a counterweight to right-wing commentary and targeted misinformation.
Even if they aren’t seeking to turn the stations into a left-wing Fox News, LMN will provide a needed counterbalance, she said. “If there’s an opportunity, even if it’s indirect, that’s a step forward because that’s — radio stations that are not going to be perhaps taken over by others who might have this right-wing misinformation agenda.”
From the moment they first learned that TelevisaUnivision was selling the radio stations to the time the deal was announced, it was about 85 days, Valencia said. “I had always wanted to use radio for this purpose, but you know, building a company with lenders and investors, they never allowed us in my companies to do as much of this — so I thought I had an obligation to help,” he said.
“One of the tricky things in our community is a certain kind of reticence when it comes to matters of wealth,” he said. “Latinos have to honor values of putting family first, but also recognize that wealth matters, right?”
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