As RBR+TVBR was first to report on Thursday (2/10), Spanish Broadcasting System (SBS) has successfully negotiated a purchase of Rhythmic Top 40 “Power 95.3” in the Orlando market and Alternative “97X” in Tampa-St. Petersburg — stations that an Elliot Evers-administered trust needed to spin by Tuesday.
With the former Cox Media Group FMs now set to become Spanish-language properties in two hot growth markets, the only remaining question until now involved the value of the deal.
We now have an answer.
