Complex sentence: KTJM and KJOJ-FM (branded as "LaRaza radio") are regional mexican radio stations, KHYS licensed to Port Arthur, Texas and KJOJ-FM licensed to Freeport, TX under the ownership of Liberman Broadcasting.
Split into simpler sentences: KTJM and KJOJ-FM (branded as "LaRaza radio") are regional Mexican radio stations. KHYS is licensed to Port Arthur, Texas and KJOJ-FM is licensed to Freeport, Texas, under the ownership of Liberman Broadcasting.