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SBS Announces New National/Network Revenue Chief

MIAMI, July 8, 2015 (GLOBE NEWSWIRE) -- SPANISH BROADCASTING SYSTEM, INC. ("SBS") (NASDAQ:SBSA) today announced the appointment of Joe Mackay as Executive Vice President of National and Network Sales. Mr. Mackay had previously served as VP/General Manager of WLEY-FM, the SBS owned and operated FM outlet serving the Chicago market.

In his new capacity, Mr. Mackay will oversee the revenue efforts at AIRE Radio Networks, the syndication and selling platform comprised of over 100 top Spanish-language radio stations throughout the United States and Puerto Rico. In addition, Mr. Mackay will direct all national spot sales for the major-market SBS radio outlets in coordination with McGavren, the Company's national sales representative.

Raúl Alarcón, the Chairman and CEO of SBS, stated, "Joe Mackay has distinguished himself as an aggressive revenue generator in every single assignment he's ever taken on. We're confident in his ability to coordinate our national spot and network efforts in order to maximize the potential of our Hispanic audience for all non-local advertisers and clients."

"I am honored to take up the challenge of managing the national and network revenues for this unique collection of Hispanic entertainment assets which include SBS's audio, video, experiential and digital platforms," stated Mr. Mackay. "I look forward to maximizing the revenue potential of these blockbuster properties," he added.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. is the largest publicly traded Hispanic-controlled media and entertainment Company in the United States. SBS owns and operates 20 radio stations in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Tropical, Mexican Regional, Spanish Adult Contemporary, Spanish Oldies and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading

Spanish-language radio programming to over 100 affiliated stations reaching 88% of the U.S. Hispanic audience. The Company also owns and operates MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns 21 bilingual websites, including Lamusica.com, an online destination and mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com.

CONTACT: Elisa Torres, Sr. Vice President of Affiliate Corporate Sales AIRE Radio Networks Email: etorres@sbscorporate.com Telephone: 786-470-1624Source:Spanish Broadcasting System, Inc.