Bill Gates purchased 7% of Televisa's shares. Thus, giving the software mogul direct interest in both Televisa and Univision in the US.

According to Radio & Records, Spanish Broadcasting System Chairman/CEO Raul Alarcon Jr. said during his company’s Q2 conference call that SBS is considering several options to fund its $250 million purchase of KXOL/Los Angeles — including the sale of KPTI/San Francisco and KLEY/San Antonio.

While a large majority of Americans say they live comfortably or close to it, in the past year the number that worry about their personal finances has increased, especially among the young and the least affluent, according to a recent national survey commissioned by the Consumer Federation of Ame

Hispania Capital Partners (HCP) announced the launch of the first private equity fund focusing on the U.S. Hispanic market. With up to $70 million under management, HCP, an SBIC licensed by the U.S.

Univision Communications Inc. (NYSE: UVN) and Hispanic Broadcasting Corporation ("HBC") that their stockholders have approved the pending merger. Subject to FCC approval, Univision expects to close the transaction on or about March 14, 2003.

Radio Unica Communications Corp. announced that it has paid the $9,287,670 interest payment with respect to its 11-3/4% Senior Discount Notes due 2006 issued under an Indenture dated July 27, 1998.

At the Univision shareholder meeting set for Feb.

Radio Unica has missed their $9.3 million interest payment due on February 3, 2003 and are currently in talks with their bondholders. Radio Unica has 30 days to resolve the issue of payment. Their stock has drop dramatically.

The California Reinvestment Committee's (CRC) new report spotlights the high barriers faced by California's small and minority-owned businesses.

According to the second annual Allstate “Retirement Reality Check” survey, Hispanic Baby Boomers have more concerns about their upcoming retirement than others of their generation, possibly because they expect to be burdened by greater financial obligations.

Big City Radio, Inc. YFM announced that it has received a letter from the American Stock Exchange advising the Company that the Exchange plans to file an application with the Securities Exchange Commission to strike the Company's common stock from listing and registration on the Exchange.

On Friday, October 25, 2002 at 9:30 am, Moctesuma Esparza, Chair of the Board of Directors of the New America Alliance led members of the Alliance and the NASDAQ executive team in the ceremony beginning the trading day at the NASDAQ Stock Exchange.

MGM MIRAGE announced the election of Roland Hernandez, a television and entertainment industry executive, to its Board of Directors.

Big City Radio, Inc. announced that certain holders of its 11 1/4% of Senior Discount Notes due 2005 have delivered to the Company a notice declaring the principal and interest on all of the Notes to be immediately due and payable.