Spanish Broadcasting System, Inc. ("SBS") (NASDAQ:SBSA) announced that Manuel E. Machado has joined its Board of Directors, effective immediately. The Board appointed Mr. Machado to serve on the Audit Committee and on the Compensation Committee.
Machado is the Chief Executive Officer and Co-Chairman of MGSCOMM, an integrated marketing communications agencie. He was also elected to the board of directors of Worldwide Partners, Inc. on May 26, 2010. MGSCOMM and Worldwide Partners, Inc. are not affiliates of the Company.