After Bankruptcy, LBI Adopts Estrella Media Name

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LBI Media, which emerged from Chapter 11 bankruptcy protection last October, has renamed itself Estrella Media.

Estrella Media is owned by HPS Investment Partners. Lenard Liberman, who founded LBI, gave up his equity in the company as part of the reorganization plan.

The Spanish-language media company owns the Estrella TV Network and produces more than 2,500 hours annually of original programming at its Burbank studios.

Estrella Media unveiled a new logo with a four-pointed star.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.