WFDF 910 AM (50Kw-D) Coverage Area |
Radio Disney announced in August that it is divesting 23 of its 24 local radio stations so it can focus on digital broadcasting. The stations up for sale include 22 AM stations and one FM station. Bill Schutz of media brokerage firm Schutz & Co. is leading the sale process for Radio Disney, through which the company is selling its assets individually or in small groups.
It was reported in late October that Radio Disney was near a deal to sell its Detroit and Cleveland stations to two different local broadcasting groups, with Detroit fetching a price tag between $2 million to $3.5 million and Cleveland attracting slightly under $1 million for WWMK 1260 AM (25Kw).
The Detroit station reported sale price of $3M is very close to what it's getting for KMIC 1590 AM (5Kw) in Houston. Local Spanish religious broadcaster Daij Media LLC for $3.2 million and made a filing with the FCC.
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