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Banojian remains COO at Caribevisión

Last week, Hispanic Market Weekly erroneously reported that Miguel Banojian, the COO of Caribevisión had been fired. I included this in my blog, but pulled it as soon as HMW admitted its mistake.

I had the opportunity to talk to Miguel, who told me he is still the company’s COO, a post he’s held since January 17, 2007.

“I have no idea,” says Miguel about what could have prompted confusion of his employment status. “But I’m still very much here and with no plans to leave.”

Isabel López Machado, a spokesperson for the company, confirmed Lillian Tartaglia, the Programming Director, as well as 10 employees in their NYC offices were laid-off 3 weeks ago as part of a downsizing effort after partnering with Spain’s Telecinco. She also said there are plans for a relaunch of the network with new programming and expanded distribution.

Meanwhile, Miguel says he’s busy “setting up the infraestructure of the new stations.”

Miguel worked for KRCA-62 in Los Angeles for 7 years. He took a 7 month sabbatical prior to joining Caribevisión. “I needed a break,” he says.

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