Over the last few months, LBI management has been discussing strategic alternatives to strengthen our balance sheet. Our employees are and will continue to be the backbone of our success. In recent weeks, Variety spoke with dozens of current and former Estrella employees, many of whom related similar stories about Angulo and other male supervisors. What does this mean? Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Opinions expressed by Forbes Contributors are their own. In October 2019, the end of LBI Media and associated entity Liberman Broadcasting. 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Four current and former employees said the company conducted a harassment investigation, interviewing numerous women, after which it was announced that Angulo would depart. ALL RIGHTS RESERVED. President. You would know that, by attaching Los Angeles and making it Mexico, whether you are doing it facetiously or not, when a hot-button issue like immigration dominates the state scene, and particularly the Los Angeles area, that you would be creating a firestorm. LBI replicated this . Basic Information Email lenardlieber@outlook.comWebsite lenardlieber.comFacebook lenard lieberTwitter @purplepursuerPhone (301) 351-1877 See the Moderately MOCO recommended ballot here. But occasionally she would post something darker and more cryptic. Angulo left Univision in 2010. Completion of LBIs financial restructuring provides a strong financial foundation and significant flexibility to grow the business, says newly-appointed CEO Markham. Estrella Media primarily caters to the Spanish-speaking Hispanic community, owns television and radio stations in several of the top Hispanic markets, and is the parent company of the Estrella TV network. Leonard Lieberman (October 25, 1925 - February 6, 2007) was an American anthropology professor at the Central Michigan University for forty years. In 1988 it bought two unprofitable radio stations and converted one into the first Spanish-language radio station in Orange County, CA. Carlsons claims, and harassment allegations by other women, led to the forced resignation of Ailes within weeks. LIBERMAN: We are exchanging the artwork. You're pulling these billboards down now? Market data provided by Factset. There were no other announcements regarding staffing or programming changes within the LBI media properties. Such attitudes were commonplace behind the scenes as well, according to lawsuits filed by former employees. Therefore, I expect that there will be no impact on employee wages, salaries or benefits. (The show was canceled after years of complaints to the Federal Communications Commission.). If you do not agree with these terms, then do not use our website and/or services. There, he had more power over hiring and firing. That's true. The California-based LBI Media had been struggling for months as it sought financing to continue operations and avoid bankruptcy. Companies that have gone through similar financial restructurings are Cumulus Media, American Airlines, General Motors, Six Flags, Chrysler and Marvel Entertainment and these companies operate successfully today. Liberman expanded the Estrella TV format to other markets where it acquired television stations, featuring much of the same programs as those aired by the Los Angeles, Dallas and Houston outlets (some of which aired in different timeslots than they did on KRCA, KMPX and KZJL). Its Libermans approach.. You try to keep it civilized, she says. She never became a national reporter and ultimately left the news business. I just couldn't have. In a lawsuit filed in L.A. Superior Court, she alleged that Andres Angulo, Estrellas vice president of news, had been sexually harassing her for years. Biography. The lawsuits were resolved in a confidential settlement, according to Richard Lloyd Sherman, who was Libermans attorney. CAVUTO: But the bottom line is, you have got more people watching your broadcasts, right? This process will be constantly evolving and I wish that I could provide you with additional clarity; however, while there is no definitive timeline for the restructuring process, we will navigate it as quickly and as efficiently as possible. Chapter 11 permits, and even encourages, daily business operations to continue as usual. Troubled Spanish-language television and radio companyLBI Media today announced it has successfully completed a court-approved reorganization plan, emerging from the chapter 11 process it started in November 2018 when, burdened with$530 million in debt, it sought to fend off a multitude of creditors. In response to LBIs bankruptcy, Caspian Capital says it will continue its legal fight, and sent a letter to Judge Salian Scarpulla of the New York Supreme Court dated November 21 arguing that the chapter 11 filing shouldnt apply to HPS and Mr. Liberman, who have misled this court. The Lenard Liberman-headed company previously controlled LBI Media where Horton served as Chief Operating Officer. or redistributed. In closing, I want to note that it is very early in this process. He previously spent 20 years atDisney ABC Television Group, leaving that company as VP of Finance & Strategy. But how can a board based in L.A., promoting itself to 2.68 million documenting Hispanics living in L.A., be promoting illegal immigration? [19], In September 2016, Liberman Broadcasting was involved in two sexual harassment lawsuits filed with the Los Angeles Superior Court involving two female newscasters. The suits more than a dozen in the last decade allege harassment of gay men and routine and unwanted sexualization of women. He said he saw potential, Campos says. The scandal bore a striking resemblance to the one at Fox News, which exploded around the same time, when former anchor Gretchen Carlson filed a sexual harassment suit against the networks influential CEO, Roger Ailes. Then thats when he started mentioning that he could help me, but how was I gonna help him. He suggested going to his place. ), Stipulation and Order - RE: Continuance of Respondent's RFO to Modify Child Custody, Child Support, Spousal Support, and for Additional Child Support Reimbursements, Stipulation and Order - Re: Extending The Appointment Of Hon. Gonzalez also worked as a masseuse, and Angulo once had her come to his house to give him a massage. Vargas claims were relegated to private arbitration.). CAVUTO: Yes, but, Lenard, also, you are a very smart businessman and a lawyer. FCC Form 603 Page 2 12609759.1 upon by the Commission in connection with the pro forma transfer of control of each of In 2008, sisters Barbara and Lis Ayelene Magrini each filed suit alleging that they were repeatedly sexually harassed while dancing in skimpy clothes on Liberman shows. And it was really brought up in May because of the May sweeps with Nielsen to promote my station, Channel 62. 2022-10-03, Los Angeles County Superior Courts | Family | I was supposed to help my family by my professional merits and not by the size of my breasts., Hes still here, but so am I. Irving, Texas. Isn't that the issue? We appreciate the update on this whole controversy in Los Angeles. As part of the corporate reorganization, co-founder/CEO Lenard Liberman divested his equity in LBI, and was replaced as the company's CEO by former Granite Broadcasting and Communications Corporation of America Chairman Peter Markham. When someone is your boss and has some authority over you, it does not matter how upset you are. Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. Questions & Responses (All Candidates) 1 - What lessons learned do you have since the start of the pandemic? Even before the pandemic it has been a known to me that government has too . All Rights Reserved. In the First Day Declaration, Chief Financial Officer Brian Kei stated that LBI obtained a new first lien financing from HPS for additional liquidity and an extension of the maturity of the Debtors first lien debt, challenged by the second lien noteholders who commenced multiple lawsuits, and threatened several more, distracting management from operations, which risked pushing LBI into a precipitous freefall bankruptcy., The Caspian Capital group sued to stop LBIs plans to restructure its debt in an out-of-court deal with senior lender HPS. WILLIAMS, LUTHERN, JR VS WILLIAMS RAMIREZ, PAOLO ALBERTO, GOLDSOBEL, DAVID IAN VS SILVA GOLDSOBEL, APRIL. Im an expert in the Hispanic media industry. [17] Subsequently, on May 2, Liberman pared back its Houston-area radio cluster further with the sale of KJOJ (880, now KJOZ) in Conroe to Aleluya Christian Broadcasting (a subsidiary of DAIJ Media LLC) for $1 million. ), 8/19/2020: FL_General Family Law - FL - Certificate of Mailing, Docketat 8:30 AM in Department 2, Riff, Lawrence P., Presiding; Order to Show Cause Hearing - Off Calendar - Case Dismissed, Docketat 8:30 AM in Department 2, Riff, Lawrence P., Presiding; Order to Show Cause Hearing - Off Calendar - Court's Own Motion, DocketNotice - Withdrawal of Attorney of Record; Filed by Petitioner, DocketAppearance, Stipulations and Waivers; Filed by Petitioner, DocketNotice - Entry of Judgment; Filed by Petitioner, DocketDeclaration - Default FL170; Filed by Petitioner, DocketJudgment Package Received - Stipulated (Signed by Judge Pro Tem ); Filed by Petitioner, DocketDeclaration - UCCJEA; Filed by Respondent, DocketStipulation and Order (re service by electronic means ); Filed by Petitioner, DocketProof of Service of Summons; Filed by Petitioner, DocketOrder - Financial Information (FAM 111), DocketPetition - Dissolution w/ Minor Child; Filed by Petitioner, DocketFamily Law Case Cover Sheet - FAM-020; Filed by Petitioner, DocketDeclaration - UCCJEA; Filed by Petitioner, Los Angeles County Superior Courts | Family | Even though he was Colombian, Angulo displayed a deep understanding of the Mexican-American audience. I wish I had just hung up right away or really let him have it, but I didnt. She turned him down politely, but she was shaken. [23][24][25] On February 3, 2020, LBI Media rebranded as Estrella Media, borrowing its name from flagship Spanish-language network Estrella TV.[26]. LENARD LIBERMAN, EXECUTIVE VICE PRESIDENT, LIBERMAN BROADCASTING: How are you? Public Records Policy. Lenard Liberman - Biografa, mejores pelculas, series, imgenes y noticias | La Vanguardia An internal investigation is ongoing, according to Amezolas lawyer. You may opt-out by. This is a partial transcript from "Your World with Neil Cavuto," May 6, 2005, that was edited for clarity. "Every market where Univision is," answered Lenard Liberman, the 47-year old son of LBI founder and president, Jose Liberman. Amezola whose lawyers declined to make available for an interview wrote one last defiant Facebook post in early December. Immigration and a lot of illegal immigration issues in the state and in that region certainly weren't lost on you, right? Music Rights Can Improve Places: We Just Need To Invest In Them, Margo Price And Lola Kirke Thrill As Strays Tour Hits Chicago, Winners List: Angela Bassett Wins Big At NAACP Image Awards 2023, Featuring Mapuche Heroine, Chilean Amazon Original Action Film Sayen Premieres On Prime Video, Disney+ Approach To Black History Month Was A Win, John Fogerty On 50 Year Battle To Recapture The Music Of Creedence Clearwater Revival, Sitcom Legend Faith Ford Spices Up Night Court Playing Abby Stones Mom, started in November 2018 when, burdened with$530 million in debt. Levy became involved in the resulting inquiry, and supported Amezolas claims. With our excellent track record, there is much that we all have to be proud of. Lenard D. Liberman is an entrepreneur and businessperson who founded LBI Media, Inc., Liberman Broadcasting, Inc. and LBI Media Holdings, Inc. and who has been at the head of 5 different companies. It filed another complaint in New York court in August, accusing HPS, LBI and its CEO and President, Lenard Liberman of perpetrating a deceptive scheme to defraud the Plaintiffs of about $115 million, alleging they engaged in financial fraud designed to erase liabilities from LBIs balance sheet and transfer hundreds of millions of dollars owed to Plaintiffs and other creditors of LBI to funds managed or advised by HPS.. Her suit alleged that Liberman observed the sexually offending behavior and did nothing, whatsoever, to intervene.. Liberman had explored the possibility of developing a national network in 2007, when it raised $200 million in capital to acquire additional television stations and expand programming production. [15][16] On January 23, 2012, Liberman Broadcasting announced the sale of KNTE-FM (96.9, now KXBJ) in the Houston suburb of El Campo, Texas to the KSBJ Educational Foundation for $2.1 million; the sale was completed that April. She also claimed that Gratas bullied her because she was from Spain. One of its earliest programs, the reality game show Gana la Verde ("Win the Green"), caused controversy after several immigrant advocacy groups (including the American Immigration Lawyers Association, the Central American Resource Center, the Latina Lawyers Bar Association and the Mexican American Bar Association) and California U.S. House Reps. Xavier Becerra, Hilda Solis and Linda Snchez complained that the format which debuted in July 2004, and featured illegal immigrants competing in extreme Fear Factor-style competitions for the opportunity to win one year of legal assistance from an immigration attorney to help them obtain a green card put its participants in danger of deportation by immigration authorities aware of the show. And I really am not trying to differentiate. Angulo continues to work as news director. Levy says he believes he was retaliated against for backing Amezola. Lenard David Liberman #135356 License Status: Not Eligible to Practice Law Address: Grupo Estrella LLC, 2929 Floyd St, Burbank, CA 91504-2504 Phone: 818-524-3111 | Fax: Not Available Email: Not Available | Website: Not Available But the environment didnt lend itself to allow people to speak up.. LIBERMAN: Well, as long as they have a Nielsen meter box, they're who I promote to. Campos, who was on the 11 p.m. local broadcast, wanted to travel for stories. Importantly, this is a financial restructuring. The latest manifestation of the "Sapiens" publishing enterprise is "Sapiens: A Graphic History", a series that tells much of the same sweeping saga in comic-book format. And I couldn't have anticipated the racism. Variety and the Flying V logos are trademarks of Variety Media, LLC. Alpha Media Seeks FCC OK For Full Foreign Ownership, A Wall Street Slide For iHeartMedia Shares, Neal Ardman Takes On Big Auto With A Big AM Push. Amezola is far from alone. Note: All stations listed below are owned by Estrella through its radio broadcasting division, Estrella Radio. Barbara, who was 17 when she started the job, also alleged that male performers repeatedly groped her and made inappropriate sexual comments. [N 1], Lieberman's research focused on human races, the debate over creationism and evolution and intelligent design. At best, it could be a place where recent college grads could get a little experience before trying to move on to bigger employers like Telemundo. Copyright 2023 Surperformance. Content and Programming Copyright 2005 Fox News Network, L.L.C. After completing his U.S. studies, he went to work for a pharmaceutical company that . Puerto Rico Business Classification Text Transacting any and all lawful business for which limited liability companies may be organized under Act 164-2009, known as the Puerto Rico General Corporations Law (as amended from time to time, and any successor to such statute). To continue as usual JR VS williams RAMIREZ, PAOLO ALBERTO, GOLDSOBEL, APRIL broadcasts,?! Moco recommended ballot here, EXECUTIVE VICE PRESIDENT, LIBERMAN Broadcasting: how are you company as VP of &! But occasionally she would post something darker and more cryptic up in May because of the sweeps! 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