Spanish Broadcasting System, Inc. (SBS) is a Spanish-language media and entertainment company with radio, television and digital media platforms. SBS is the largest publicly traded Hispanic-controlled media company in the United States. The company owns and operates 17 radio stations in the top U.S. Hispanic markets, including New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico. SBS also owns and operates MegaTV, a television network with programming aimed at Hispanic audiences. The company was founded in 1983 by Raúl Alarcón Sr. and is headquartered in Miami, Florida.