Paired LA-area Hip-Hop outlets sold

1

SoldKDAY-FM brings Urban content to much of the Los Angeles area, and KDEY-FM carries it into the Riverside-San Bernardino area to the east. Both do so on 93.5 MHz, and soon they’ll be broadcasting under the auspices of a new owner.


The stations are both Class A outlets. KDAY is licensed to the coastal Pacific community of Redondo Beach and uses 4.2 kW @ 384’.

KDEY is licensed to Ontario, and has 5 kW @ -131’.

The seller is Magic Broadcasting, LLC.

The buyer, RBC Communications, Inc., will pay $19.5M for the properties, according to Media Venture Partners broker Elliot Evers, who was working on behalf of the seller. Joining MVP in this task was Jorgenson Broadcast Brokerage.

RBR-TVBR observation: The stations are a technologically challenging attempt to bring more coverage to the greater Los Angeles mega-market than would be possible with a single Class A station. As best we know, translating the concept into a strong appearance in the local Arbitron ratings has proven to be an elusive goal.

1 COMMENT

  1. Isn’t China supposed to be prevented from owning US broadcast stations? Isn’t there an FCC rule about that?

Comments are closed.