събота, 1 ноември 2014 г.

Radio Disney to be sold to Christian network Family Radio: report


Disney has been looking to unload its 23 terrestrial radio stations, but Radio Disney will reportedly continue online and via SiriusXM satellite radio.



It looks like "That's all, folks!" for Radio Disney on 1560 AM.

According to the Radio NOW newsletter, the family-friendly radio station will be sold to Family Radio, the Christian network that used to own WFME (94.7 FM), which is now country music "Nash."

No timetable was announced for completing the deal or changing the format. But Disney has been looking to close down its 23 terrestrial stations sooner rather than later.

Radio Disney will continue as an online service and on SiriusXM satellite radio.

The newsletter reported that the sale price for the 1560 AM station will be $12 million - a steep drop from the $40 million Disney paid for the station in 2007.

Family Radio also owns a TV station and radio station 106.3 FM in Westchester.

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