BUSTOS MEDIA HOLDINGS, LLC ANNOUNCED THE PURCHASE OF SEATTLE AND EASTERN WASHINGTON STATIONS FROM ADELANTE MEDIA GROUP
Portland, OR (9/16/14) - Today, Amador Bustos and Jay Meyers, Adelante’s CEO, visited the Seattle and Eastern Washington staff to announce the transfer of its nine radio stations to their former owner; Bustos Media.
Bustos Media’s CEO, Amador S. Bustos said, “It’s like returning home one more time. We have bought and sold Spanish radio stations in Washington three times since we first bought KZTA in Yakima back in 1990.” Mr. Bustos added, “We will continue to build on the good work Adelante has done in these markets.”
It was further announced that Bustos Media will begin a Local Management Agreement (LMA) on the properties while the parties await regulatory approval of the sale. Bill Fanning, Managing Director of Media Venture Partners, handled the transaction on behalf of the seller.
About Bustos Media Holdings:
Bustos Media currently owns five AM and three FM radio stations in the Portland, Vancouver and Salem markets. Five of the Portland stations have Spanish language programming and three have Russian language formats. Bustos Media also owns stations in San Jose, California; Dallas, Houston and Austin, Texas. Three of these stations are in Vietnamese language formats and one is China-based programming.
About Adelante Media Group:
Adelante Media Group owns and operates radio and television stations in nine emerging Hispanic markets and specializes in Spanish language formats. In addition, the company distributes two network 24/7 music formats, Regional Mexican La GranD and Spanish CHR Latino.
For further information:
- Amador S. Bustos 503-233-5280 – firstname.lastname@example.org
- Jay Meyers 859 653 4630 – email@example.com
- Bill Fanning 617-345-7262 - firstname.lastname@example.org