MIAMI — A major effort backed by Democratic fund-raisers to purchase Spanish-language radio stations is stirring up opposition in Miami, where Cuban exiles describe it as an attempt to stifle conservative voices in markets where Democrats have lost ground.
The Latino Media Network, a startup founded by two political strategists who worked for President Barack Obama and Hillary Clinton’s presidential campaign, reached a $60 million deal to acquire 18 AM and FM stations in 10 U.S. cities from Televisa/Univision. The agreement, announced June 3, still needs Federal Communications Commission approval.
Hispanics with roots all over Latin America listen to the stations in Los Angeles, New York, Miami, Houston, Chicago, Dallas, San Antonio, McAllen, Fresno and Las Vegas, including some Hispanic communities where Democrats have lost ground to Republicans.
But the deal isn’t going over well in Miami, where Radio Mambi is popular among hardline Cuban exiles.
“We would need to be deaf and blind not to understand the motives behind this buyout,” Irina Vilariño, who co-owns a chain of Cuban restaurants in South Florida, said at a news conference held by a coalition called the Assembly of the Cuban Resistance.
The network has raised a total of $80 million from high-profile investors such as actress Eva Longoria, who is also a Democratic political activist, and former Florida Republican Party chairman Al Cardenas, now a critic of former President Donald Trump. The debt involved is financed by Lakestar Finance LLC, a company affiliated with Democratic mega-donor George Soros.
The deal has been harshly criticized by Republicans in Florida, from the Cuban American House delegation to U.S. Sen. Marco Rubio and Gov. Ron DeSantis. Coalition members said they are exploring legal ways to contest the takeover.
Democrats have pointed to some shows on Radio Mambi and other Spanish-language radio stations when raising concerns about disinformation, especially following the Jan. 6 insurrection at the U.S. Capitol. Republicans say those accusations are used to distract from the Democrats’ lackluster performance among Hispanic voters in South Florida and Texas in the 2020 election.
