Angels owner to buy Spanish radio station
The Arizona Republic
Feb. 7, 2006
A partnership led by Arte Moreno, a former billboard mogul who owns the Los
Angeles Angels of Anaheim baseball team, is buying KMXE-AM (830), the nation's
largest Spanish-language AM radio station.
Moreno, who was raised in Tucson, lives in Phoenix.
The partnership plans to complete the acquisition of the station from Radiovisa
LLC upon approval of licensing by the Federal Communications Commission.
The purchase price was not disclosed.
The plan calls for KMXE, based in Sherman Oaks, Calif., to be the flagship
Hispanic radio broadcast outlet for Angels baseball, starting with the 2006
The new ownership also plans to convert to a bilingual format and expand the
station's sports broadcast lineup.
KMXE produces and syndicates 24-hour programming, including Spanish-language
news, talk and sports.
The station also provides live coverage of University of Southern California
football, NASCAR and the Los Angeles Galaxy and Chivas USA soccer.
Moreno bought the Angels in 2003, making him the first Hispanic majority owner
of a Major League Baseball team.