In Schutz Liu trusts


With Arthur Liu’s Multicultural media empire set to acquire KHIZ-TV (Ch. 64, Ind.) Bartow, CA, which is in the Los Angeles market, the Multicultural Radio group will be one over the local limit in the LA based on the FCC’s new use of Arbitron market definitions, rather than contours, for determining how many stations a single owner may have. To facilitate the TV acquisition, broker Bill Schutz has former Transition Radio to become the designated trustee to hold the license of KALI-AM and operate the station. Still to be determined is whether or not Schutz will seek to find a buyer for the station.