Pasa! tourism guide. In 2014, after losing several key Direct ResponSource contact center accounts amid Puerto Rico's ongoing depression, Casiano Communications and its sister operations, Direct ResponSource Inc. filed for Chapter 11 bankruptcy protection. After almost a year of court battle, in August 2015 the US Bankruptcy Court in San Juan, Puerto Rico, approved the proposed restructuring plan of a consortium of Puerto Rican business men around Miguel A. Ferrer, led by German financier and entrepreneur Heiko Faass, who resides in Puerto Rico. The court approved the acquisition of the assets of both Casiano Communications, Inc. and DirectResponSource, Inc. which were ultimately assigned to Latin Media House, LLC and DRSI Call Center, LLC, together doing business as Grupo LMH Latin Media House, based in Puerto Rico, stated that the focus for its lead publication, Caribbean Business, would be on a digital edition featuring news about Puerto Rico, Dominican Republic, Cuba, and other islands in the Caribbean and that there would be an effort to add subscribers living in the mainland United States. The founder and editor-in-chief of the defunct Casiano Communication, Manuel Casiano, was contracted to serve as an adviser to the new ownership group through November, 2016. Circulation numbers An estimated 70% of Puerto Rico's adults read one or more Casiano Communications publications each month. In 2000, the company unveiled a new search engine and web portal dedicated exclusively for Puerto Rico. The website was called "Puerto Rico WOW!" and had a digital business directory. The website received an average of 19 million hits a month and 191,000 pages are viewed daily per WebTrends. In 2008, Puerto Rico WOW! was converted into www.caribbeanbusinessPR.com, which went on to surpass WOW! in terms of traffic and ad revenue. Another website, www.TVaquiPR.com, was also launched in 2008 as a complement to its namesake weekly celebrity gossip magazine, TVaquí, no longer published. Publications Casiano Communications publications. References External links Companies based in San Juan, Puerto Rico Magazine publishing companies of the United States Publishing companies established in 1973 Mass media in Puerto Rico