WLEO
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WLEO (1170 AM) is a
radio station Radio broadcasting is transmission of audio (sound), sometimes with related metadata, by radio waves to radio receivers belonging to a public audience. In terrestrial radio broadcasting the radio waves are broadcast by a land-based radio ...
broadcasting a
Spanish Oldies Latin ballad ( es, balada romántica) is a sentimental ballad derived from bolero that originated in the early 1960s in Los Angeles, California and Southern California. Some of the best known artists of the Latin ballad are Julio Iglesias, Moceda ...
format. Licensed to
Ponce, Puerto Rico Ponce (, , , ) is both a city and a municipality on the southern coast of Puerto Rico. The city is the seat of the municipal government. Ponce, Puerto Rico's most populated city outside the San Juan metropolitan area, was founded on 12 August 1 ...
, it serves the Puerto Rico area. The station is currently owned by the
Episcopal Diocese of Puerto Rico The Episcopal Diocese of Puerto Rico ( es, Diócesis Episcopal de Puerto Rico) is a diocese of the Episcopal Church in Puerto Rico. Under Spanish rule, Puerto Rico was part of a Roman Catholic-affiliated monarchical Spanish government for over ...
.


Ownership

In July 1999, Uno Radio of Ponce Inc., Caguas, P.R. (Jesus M. Soto, chairman) reached an agreement to purchase five radio stations in Puerto Rico from Ponce Broadcasting Corp. (Janero G. Scarano Sr., Julio C. Braum, Luis F. Sala, Catalina Scarano and Sala Business Corp., shareholders) for a reported sale price of $10.75 million. On 24 December 2019, the
Episcopal Diocese of Puerto Rico The Episcopal Diocese of Puerto Rico ( es, Diócesis Episcopal de Puerto Rico) is a diocese of the Episcopal Church in Puerto Rico. Under Spanish rule, Puerto Rico was part of a Roman Catholic-affiliated monarchical Spanish government for over ...
reached an agreement to purchase WLEO from Uno Radio Group for $1.1 million.''Asset Purchase Agreement.''
Page 4. Accessed 4 February 2020. The sale was consummated on 29 February 2020.


References


External links

Oldies radio stations in the United States LEO Radio stations established in 1956 1951 establishments in Puerto Rico {{PuertoRico-radio-station-stub