Newsmax is expanding its radio presence with the acquisition of two South Florida stations. The deal gives the company a larger foothold in Miami’s Hispanic market.
What We Know: Newsmax announced its purchase of WAQI-AM, known as Radio Mambí, and WQBA-AM in Miami. Radio Mambí broadcasts at 710 AM, while WQBA operates at 1140 AM. The acquisition expands Newsmax‘s audio platform and strengthens its presence among South Florida’s Cuban American and broader Hispanic communities. Additionally, Newsmax plans to invest in local programming, community outreach, and expanded news coverage. The company also intends to incorporate Radio Mambí’s content into its national digital and social media platforms. Kalil & Co. served as the exclusive broker for the transaction.
What They Said: “Radio Mambí is an institution. For decades, it has been the voice of a community that understands the value of freedom because it has fought to preserve it. We are honored to continue that tradition and ensure Radio Mambí remains a trusted source of news, information, and conversation for generations to come.” -Newsmax CEO Chris Ruddy
“We are excited to serve the communities of South Florida through these legendary radio stations and to expand the Newsmax brand in this important and dynamic market. WAQI and WQBA have deep roots in South Florida, and we look forward to building on their legacy while creating new opportunities to inform, engage, and connect with their audiences.” -Newsmax Radio CEO Ralph Renzi
What Remains Unclear: Newsmax hasn’t announced specific programming changes or provided a timeline for its operational transition. The transaction also remains subject to customary FCC and other regulatory approvals.
What It Means: The acquisition gives Newsmax two established Miami radio properties and an opportunity to expand its Spanish-language news and talk programming. Moreover, Radio Mambí’s history within the Cuban exile community gives the company an established connection with an influential South Florida audience.
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