Spanish Broadcasting System, a publicly traded, Hispanic-controlled media and entertainment company headquartered in the US, was founded in 1983 and employs approximately 400 individuals, specializing in broadcast media production and distribution. The company operates across four business units: Radio, TV, Entertainment, and Digital. Its radio division functions as the second-largest Hispanic radio group in the U.S., managing 20 owned-and-operated stations in major markets and the affiliated Aire Radio Network. The television unit operates the nationally distributed Mega TV channel, while its entertainment division, SBS Entertainment, produces live concerts and festivals. The company's digital properties encompass various brand websites, mobile applications, and the Hispanic-focused music platform, LaMusica.com.