SBS’s MegaTV Launch Postponed.
November 5, 2005
Spanish Broadcasting System (SBS) has postponed the launch of their Mega TV programming programming on their Miami TV station till March of 2006.
Speuclation is that SBS is currently under heavy criticism for their decision to purchase the TV station by Wall Street and investors.
The SBS stock has eroded close to 55% since its annoucement of their intent to purchase the Miami TV station.