VOZ (media company) explained

VOZ
Type:Spanish-language multimedia firm
Industry:Media, Internet
Founders:Orlando Salazar and Pablo Kleinman
Hq Location City:Las Colinas, Irving, Texas
Hq Location Country:USA
Owner:Voz Media Inc.
Num Employees:~30

Voz is an American conservative Spanish language news media firm founded in 2022 by Orlando Salazar with Pablo Kleinman.[1] [2] [3] Its headquarters are in Las Colinas, Irving, Texas.[4] [5]

History

Orlando Salazar, who founded Voz in 2022 and is its CEO, is also a commercial real estate developer and beef company owner. He is a former vice chair of the Republican National Hispanic Assembly. He has described Voz Media's content as "right-of-center".

His co-founder, Pablo Kleinman, the company's COO, was the host of a daily talk show on Univision Radio until early 2021. He previously founded several technology and media enterprises, and was a congressional candidate and member of the Executive Committee of the California Republican Party.

According to The Dallas Morning News, Voz aims to become a conservative rival to the dominant Spanish language channels Univision and Telemundo. Voz contributors include members of conservative Hispanic groups, former officials who served in Donald Trump's presidency, and members of the America First Policy Institute, a pro-Trump think tank.

In February 2023, Voz Media announced it would buy Mega TV, the Spanish Broadcasting System's (SBS) network television operation, for $64 million, but the deal fell through when Voz did not meet payment obligations.[6] [7] SBS declared the deal terminated in September 2023 and said it would try to sell Mega TV to other buyers. The deal, if it had been completed, would have quadrupled Voz's workforce and included Mega TV real estate in Florida and Puerto Rico.[8] A lawsuit by SBS against Voz, Salazar and his wife, Kleinman, and Ryan Morfin was settled in 2024 in what SBS described as a "multimillion-dollar agreement", though the exact amount was not disclosed.[9] [10]

As of 2023, Voz had offices and studios in the Dallas area, Miami, and Madrid.

Notes and References

  1. Web site: Martin . Arcelia . February 13, 2023 . Conservative Dallas media firm strikes deal to become Spanish-speaking TV news competitor . 2023-07-29 . . en.
  2. News: Viglucci . Andres . February 13, 2023 . Miami Spanish-language TV station to be sold for $64M — and there may be on-air changes . .
  3. Web site: Jacobson . Adam . February 13, 2023 . A Texas Entrepreneur Agrees To Purchase SBS's MegaTV . 2023-07-29 . Radio & Television Business Report . en-US.
  4. Raygoza . Isabela . February 13, 2023 . Spanish Broadcasting System Sells Mega TV Network to Voz Media for $64M . 2023-07-29 . Billboard . en-US.
  5. Web site: 2023-09-11 . SBS Hits A Snag In $64 Million Deal To Sell Mega TV. . 2023-09-15 . . en.
  6. Web site: March 18, 2024 . SBS Clinches Millions In Settlement Over Failed VOZ Media Deal . 2024-09-08 . . en-US.
  7. Web site: 2023-09-25 . SBS Holds Onto TV Division After Buyer Breach . 2024-02-19 . . en-US.
  8. Web site: February 13, 2023 . SBS Sells TV Division For $64 Million. . 2023-07-29 . . en.
  9. Web site: Jacobson . Adam . 2024-03-18 . SBS Settles With VOZ Media Over Failed Mega TV Deal . 2024-09-08 . Radio & Television Business Report . en-US . On October 10, the Raúl Alarcón Jr.-led Spanish Broadcasting System (SBS) filed a lawsuit against a Texas entrepreneur who agreed to expand his website to broadcast television through the acquisition of Mega TV, only to fail to meet its payment obligations..
  10. Web site: 2023-10-20 . SBS Says Conspiracy, Deception, And A ‘Vulture’ Price For Mega TV Was Voz Media’s Gameplan. . 2024-09-08 . . en.