Phoenix buys into El Planeta

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Posted on: September 1st, 2005
Filed Under: [ Media ]
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Mirroring a national scramble for Spanish-language newspaper readers, Phoenix Media/Communications Group, parent company of The Boston Phoenix, has purchased a 35 percent stake in El Planeta, the largest Spanish-language weekly in the Boston area. Officials at Hispanic News Press of Brookline, which publishes El Planeta and distributes 40,000 free copies each week in Massachusetts, Rhode Island, and New Hampshire, say the investment marks the first time an English-language media company in New England has invested in a Hispanic one.

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