Watch this segment from the World Report, April 2009:
The Church printing presses are running day and night to print more than 800,000 copies of the new LDS edition of the Holy Bible in Spanish. The LDS edition based on the Reina-Valera translation of the Bible will be available in September 2009 for Spanish-speaking members throughout the world.
But before this printing could begin, there were years of research and labor by teams of translators, Bible scholars, and Church leaders all working under the direction of the First Presidency and Quorum of the Twelve Apostles. This LDS edition of the Bible will feature new chapter headings, explanatory footnotes, and other study aids to offer the same tools to Spanish-speaking members that are available to the English-speaking Church.
A special team of native-Spanish voice talent has been assembled to painstakingly record and review every word of the LDS edition of the Holy Bible in Spanish, for the benefit of those who prefer to listen to recordings of the scriptures. This new LDS edition of the Bible will be available this September, 2009 through Church distribution centers.
To learn more, see http://santabiblia.lds.org/