SPANISH BROADCASTING SYSTEM WINS BIG AT THE “MEDALLAS DE CORTEZ AWARDS” BY RADIO INK MAGAZINE

JESUS SALAS WINS “BROADCASTER OF THE YEAR AWARD”; WRMA-FM RITMO 95.7FM (CUBATON Y MAS) MIAMI- FT. LAUDERDALE TAKES “STATION OF THE YEAR” ACCOLADE

SBS EXECUTIVES ALBERT RODRIGUEZ, JESUSSALAS, ERIC GARCIA, JOHNNY CARIDE PARTICIPATED AS PANELISTS & SPEAKERS AT THE RADIO INK HISPANIC RADIO CONFERENCE

Miami, FL. (April 17, 2017)—Spanish Broadcasting System, Inc. (SBS) (OTCQX: SBSAA), (“SBS”), a leading Hispanic media company, today announced that it was honored at the Hispanic Radio Awards hosted by Radio Ink in diverse categories for excellence and leadership in the radio industry at the 2017 Medallas de Cortez Awards. SBS’s Jesus Salas, Executive Vice President of Programming and Multi-platform Coordinator was honored with the “Broadcaster of the Year” award and WRMA-FM Ritmo 95.7FM (Cubaton y Mas) received the “Station of the Year” accolade.

Overall, SBS Radio platforms were represented with 13 nominations across the event’s 8 categories, which recognize outstanding achievements and leadership in the Hispanic radio marketplace. This year’s number of nominations marks the most in SBS’ storied history.

Key members of SBS were present among the prestigious group of speakers and panelists speaking at the event including Albert Rodriguez, EVP/COO of SBS- Hispanic Radio Executive Leadership Roundtable Sponsored by: SBS, Jesus Salas EVP/Programming SBS- Behind the Radio Mic: Live and Local or Syndicated. Johnny Caride, Program Supervisor SBS Miami & Programming Director WXDJ Miami- Playing the Ratings Game to Win: Issues and Opportunities. Eric Garcia, SBS Radio Revenue Chief & VP/General Manager, WSKQ & WPAT, New York- Old School/New School: Bridging the Gap between Gen X Managers and Millennial Sellers.

“SBS has a long history of providing the best content to our listeners and, with stations in the top 50 fastest growing U.S. Hispanic markets, we are well positioned to continue to entertain and inform Hispanic audiences for years to come,” said Albert Rodriguez, COO of SBS. “We are thrilled to be honored among this prestigious group of Spanish-language broadcasters. Congratulations to the entire SBS Radio Division, as well as all of our stations and employees who were nominated this year. We are proud of all of their hard work, dedication and service to our local communities.”

“Being awarded two Medallas de Cortez is a testament to the dedication of our SBS team who delivers the best in the market each day. Our team continues to produce quality radio and I am proud of their untiring commitment to keeping our community informed and entertained,” said Jesus Salas Executive Vice President, Multi-Platform Coordinator of SBS. “We were pleased with receiving a record number of nominations, and now we are truly honored by receiving two plaques, including the prestigious “Broadcaster of the Year” and “Station of the Year” award. Special thank you to Radio Ink Magazine.”

“On behalf of our SBS Radio family, I am proud to congratulate Jesus Salas, and the entire Ritmo 95.7FM family, in Miami, Florida for the dedication and involvement in our industry, and community,” said Eric Garcia Revenue Chief & SBS New York General Manager. “Our voice, commitment and charisma have been an integral part of our efforts to serve the passion points of U.S. Hispanics across all of our markets.”

The Medallas de Cortez Awards, created by Radio Ink, is the only awards dedicated to celebrating the very best in Hispanic radio and honors industry leaders in station management, sales, programming, and advertising. They were named after Raoul Cortez, a pioneer in the Hispanic radio industry.

About Spanish Broadcasting System

Spanish Broadcasting System, Inc. is a leading Hispanic media company that owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 250 affiliated stations reaching 93% of the U.S. Hispanic audience. SBS also owns 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 multiple bilingual websites, including www.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 spanishbroadcasting.com.

About Radio Ink Magazine

Radio Ink Magazine is the radio broadcasting industry’s premier management and marketing trade magazine. Radio Ink is published by Boynton Beach, Florida-based Streamline Publishing, Inc. The bi-monthly magazine celebrated its 20-year anniversary in 2012. For more information, visit www.radioink.com.

MEDIA CONTACT FOR SBS:

Vladimir Gomez

Communications & National Promotions Director

vgomez@sbscorporate.com

(786) 470-1644

MEDIA CONTACT FOR RADIO INK HISPANIC CONFERENCE:

Deborah Parenti

Publisher

Radio Ink/RBR/TVBR/Radio Discussions

parenti@aol.com

www.radioink.com

www.rbr.com

www.radiodiscussions.com

WSKQ-FM MEGA 97.9FM HISPANIC STATION RANKS NO. 1 IN NEW YORK, ACROSS ALL FORMATS AND LANGUAGES

UNPARALLELED RATINGS ACHIEVEMENT IS HISTORIC MILESTONE

New York, New York (February 28, 2017)—Spanish Broadcasting System Inc. (SBS) (OTCQX: SBSAA) today announced that its flagship New York City station, WSKQ-FM (“Mega 97.9”) has achieved a historic milestone in claiming the #1 ranking for two major demos, A 18-34, A 18-49, among ALL radio stations serving the Tri-State area, regardless of language or format.

This historic achievement highlights the sustained dominance that broadcast radio continues to have in the daily lives of today’s Hispanic consumers.

These recent ratings rank WSKQ-FM as not only the most-listened-to station in the Metropolitan New York/New Jersey/Connecticut area, but also set Mega 97.9 as the #1 ranked Latino station in the nation.

SBS sister station WPAT-FM (“93.1 Amor”) also achieved significant ratings gains and strengthened its market position in Nielsen’s recently released Audio Report.

WSKQ-FM was ranked #1 in major demos for 18-34, 18-49 ages among ALL radio stations major demos and dayparts, an unprecedented feat.

Eric Garcia, SBS Radio Revenue Chief and General Manager of SBS-New York commented, “WSKQ-FM has served as the epicenter for Latino culture in New York City for over thirty years. These most recent Nielsen results solidify our leadership position in the market place as we continue our service and responsibility to the New York Metro Latino community and overall client base. Mega 97.9 today is stronger than ever, with offerings expanding from over the air radio, digital, mobile, and experiential programs. These record-setting achievements are backed by the most compelling on-air personalities in the nation, programming the best in music and syncing with our concert events. Congratulations to the entire SBS family for their incredible efforts, and making history once more in the Big Apple.”

Now, listeners all over the globe are also able to live stream WSKQ-FM, WPAT-FM, and all other SBS radio stations via the LaMusica mobile app, available as a free download at the Apple app store and at Google’s Play Store. For more information about LaMusica please visit http://app.lamusica.com

SBS Executive VP of Programming and Multiplatform Coordinator, Jesus Salas, added, “Once again  WSKQ-FM is the #1 ranked radio station in New York City, regardless of language, WSKQ-FM Mega 97.9 New York, has forged an remarkable and deep bond with each of the millions of listeners at the hyper local level. We have an excellent team in New York and our promise is to continue to provide the most innovative and compelling multiplatform content on air, online and at our exclusive live concert events.”

SBS continues to hold the national leadership positions in the following format genres: #1 Tropical, #1 Hurban, as well as the Spanish station with the most listeners in the nation.

Source: A18-34, New York Metro Area, January 2017 Mo-Su 6am-12am, Persons 18-34, Nielsen.

Source: A 18-49, New York Metro Area, January 2017, Mo-Su 6am-12am, Persons 18-49, Nielsen.

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About Spanish Broadcasting System

Spanish Broadcasting System, Inc. is a leading Hispanic media company that owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 250 affiliated stations reaching 93% of the U.S. Hispanic audience. SBS also owns 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 multiple bilingual websites, including www.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 spanishbroadcasting.com.

MEDIA CONTACT FOR SBS:

Vladimir Gomez

Spanish Broadcasting System, Inc. (SBS)

vgomez@sbscorporate.com

(786) 470-1644

Brad Edwards

Brainerd Communicators, Inc.

edwards@braincomm.com

(212) 986-6667