Angels owner to buy Spanish radio station
The Arizona Republic
Feb. 7, 2006

Jodie Snyder

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 season.

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.