impreMedia sells controlling interest to La Nacion
February 12, 2012
impreMedia announced that US Hispanic Media Inc. (USHM), a subsidiary of S.A. La Nación, has reached an agreement to become impreMedia’s strategic and controlling shareholder.
“impreMedia has a strong history of quality content that deeply engages audiences, local brands that resonate with the local communities they serve, market knowledge and an entrepreneurial approach. These elements constitute an outstanding platform for further development of new products, with an aim to attract new audiences and become the first choice for advertisers addressing the US Hispanic market,” stated Eduardo Lomanto, USHM President.
Monica Lozano will remain CEO of impreMedia. Its editorial content will remain under the direction and control of impreMedia’s newsroom staff, and current management of impreMedia will also remain. In addition, Francisco Seghezzo, former Corporate Planning Director of S.A. La Nación, will join impreMedia as COO.
