JVC Agrees To Orlando Asset Sale, At A Loss

The radio broadcasting company formed 15 years ago that today owns radio stations on New York’s Long Island and in Central Florida is parting ways with the AM and FM facilities bringing three audio brands to the Orlando market.

The buyer is one of the Southeast’s foremost Hispanic media companies. And, it is paying $4.5 million less than what the seller acquired the properties for in two separate transactions made over the last decade.