Sabesp ADR

Premier Latino Audiovisual Entertainment Destination to Reach Millions of Spanish-Speaking Viewers MIAMI , June 9, 2025 /PRNewswire/ -- Spanish Broadcasting System, Inc. (SBS), the largest Hispanic-controlled media and entertainment company in the United States, today announced that LaMusica, its top-ranked audiovisual entertainment app, will begin livestreaming as LaMusica TV on The Roku Channel. This summer, millions of Roku's Hispanic customers in the U.S. and Mexico will gain access to LaMusica TV via The Roku Channel, the #2 app on the Roku platform in the U.S. by engagement.» Mehr auf prnewswire.com

SAN JUAN, Puerto Rico , June 5, 2025 /PRNewswire/ -- Spanish Broadcasting System, Inc. (SBS), the largest minority-owned Hispanic media company in the U.S., has entered into an Asset Purchase Agreement for the sale of WVEO(DT), WTCV(DT), and WVOZ-TV Puerto Rico to Word of God Fellowship, Inc., a Christian faith-based broadcast owner-operator known as Daystar Television Network. This strategic sale reinforces SBS's focus on its core audio and digital businesses, continuing SBS's industry-leading radio portfolio dominance (including the most-listened-to-and-streamed station in the nation, WSKQ-FM, in New York City), along with its digital platforms (among which is included the highest-rated Latino music streaming app, LaMusica) in further serving and empowering Hispanic audiences across the US and Puerto Rico footprints.» Mehr auf prnewswire.com

SABESP operates in a rapidly developing market that offers substantial long-term growth opportunities. Its expanding customer base and increasing water demand support steady revenue expansion. The ongoing privatization process is unlocking significant value by improving operational efficiency and attracting strategic investments. This transition enhances both governance and growth prospects. SABESP's disciplined capital expenditure strategy is building a strong and sustainable competitive moat. Focused investments in infrastructure improve service quality and create high barriers to entry.» Mehr auf seekingalpha.com