Magic Broadcasting closes KDAY sale

By on May, 1 2014 with Comments 0

Meruelo-Media2MVPMagic Broadcasting has closed on the previously announced sale of its Los Angeles radio station, KDAY, to Meruelo Media. Media Venture Partners represented Magic Broadcasting in this transaction. Meruelo Media is a SoCal minority-owned media group, and the owner of Spanish language television stations MundoFOX 22 and Super 22. KDAY 93.5 FM (Redondo Beach, CA)/KDEY-FM (Ontario, CA) is Los Angeles’ original hip-hop and R&B simulcast. Meruelo began operating KDAY on 1/1, via an LMA.  KDAY’s studio operations will continue to be based in LA.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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