An agency linked to liberal billionaire George Soros is leading the investment into a newly founded Hispanic media company as Democrats experience a downward trend in support from Latin American citizens.
According to The Daily Caller:
Former Obama administration staffer Stephanie Valencia and Jess Morales Rocketto, a former staffer of the Obama and Clinton campaigns, raised $80 million to launch the Latino Media Network, NBC News reported. In a $60 million cash deal, Latinos and prominent Democrats agreed to purchase 18 radio stations throughout 10 cities from TelevisaUnivision.
The two founders work at Equis Research, a Latino polling and research firm, according to NBC News.
Lakestar Finance, the entity associated with the Soros Management Fund, is leading the investment along with several Hispanic media figures and entrepreneurs are currently joining in to fund the new company, Axios reported. Radio entrepreneur and investor Tom Castro bought and sold over 50 stations and serves on the boards of Nelson and Cumulus Media. Al Cardenas, a former chair of the Florida Republican Party and American Conservative Union, also serves as an advisor.
“It’s pretty audacious for people like us to be doing something this big,” Rocketto said, according to Axios. “Steph and I have been raising money for a long time, but this is orders of magnitude bigger than what we’ve ever done.”
The company is planning to expand to nearly one-third of the Hispanic population in the country, according to the outlet. The station will be accessed in Los Angeles, New York, Miami, Houston, Dallas, Chicago, San Antonio, McAllen, Fresno, and Las Vegas.
The move follows multiple pollsters and data analysts reporting a massive shift in the Latino community leaving the Democrat Party, which is expected to significantly impact Democrats’ success in this years midterm elections.
If they are Latino citizens what are they doing here setting up their own media company? A take over by illegals? Why else would Soros back them unless they plan on going against the US?
YOU MUST HAVE LIVED IN DEARBORN……..
Soros is backing them to turn them back to the dems.
SOROS HAS BEEN IN THE DEM/RINO USA GOVERNMENT SEATS FOR A LONG TIME….EVERY SINCE HE RUINED 3 COUNTRIES THAT WANT TO THROW HIM IN A PRISON ON BREAD & WATER……..WOULD LOVE TO SEE THAT HAPPEN.
dont accept soros money.
Latinos should realize that Soros sold out fellow Jews to the NAZIS to save his own skin. He’s a lowlife leftist scumbag who hates America. May Soros rot in hell
sorASS solution is .50cal!
Let us hope that the Latinos aren’t that easily fooled by Soros and the Commucrat backed media sources. If they do shift their support they will pay the price as they will be placing the noose around their own necks and the shackles around their feet. If the Commucrats achieve their goals of changing America into a Dictatorship with the likes of Soros, Gates, and the other billionaire “greenies” who will then be in power, all of us will be their slaves and America will be no more. HEAVEN HELP ALL OF US!!!!!!!!
The Latino CITIZENS are smarter than to fall for propaganda by the dem stooges. They may listen to the radio stations music, talk, etc, but they will vote their conscious. They are fleeing the dems now just because they push more of the same crap on radio won’t make a difference.
Its a pity Soros and his extended family can’t go on a vacation in Russia. Putin would love to host this treasonious creep and all of his spawn.
Take note of the organizations that are funded by Soros (Lakestar Finance and Equis Research) and keep them in mind when researching candidates running for local government positions. I know there’s many other organizations funded by Soros. Having this info will help you pinpoint if a candidate is funded by Soros, which means, if elected, they will implement that leftist policies that Soros needs to help destroy our country from within.