It’s a new day at Burbank, Calif.-based LBI Media, the Hispanic-focused company that two weeks ago successfully completed its court-approved reorganization plan and emerged from the chapter 11 process.
There’s a new CEO: Peter Markham. There’s a new COO: former CFO Brian Kei. Company co-founder Lenard Liberman no longer has an active management role. Winter Horton, the former COO, is now at Meruelo Media in a key leadership role.
Yet, LBI Media’s past struggles continued this week, with the FCC’s Media Bureau affirming an August 2016 decision largely tied to its past management’s decision making.