Categorized | TV & Radio

Meruelo Media buys L.A. radio station Power 106 FM

MerueloMedia-Power106The Meruelo Media Group is buying top-ranking L.A. station KPWR “Power 106 FM” from Emmis Communications for $82.75 million.

The company, which will get $123.5 million from the FCC spectrum auction, plans to use part of that money for the purchase.

The sale, subject to the FCC’s approval of the station license transfer, is expected to close in the second half of 2017.

Meruelo has agreed to keep the 90 radio staffers on board after it takes over operations.

Meruelo Media, owner of L.A. Spanish-language television station KWHY-22 since 2011, already owns another hip-hop radio station. It bought KDAY 93.5 FM in 2014 for about $15 million.

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I'm an Emmy award-winning journalist, who's worked as an on-air reporter in Spanish and English-language television news. I've worked for Univision, Telemundo, CNN en Español and Los Angeles Fox and UPN stations before diving into a convergence model at the San Jose Mercury News. I have also held management positions in the online digital sphere - first as Managing Editor of IntersectionsSouthLA.org, followed by a role as the West Coast Web editor for impreMedia. I was president of the National Association of Hispanic Journalists from 2004 to 2006. I am also a freelance writer, reporter and producer. I founded Media Moves in June of 2007.

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I'm an Emmy award-winning journalist, who's worked as an on-air reporter in Spanish and English-language television news. I've worked for Univision, Telemundo, CNN en Español and Los Angeles Fox and UPN stations before diving into a convergence model at the San Jose Mercury News. I was president of the National Association of Hispanic Journalists from 2004 to 2006, and inducted into the Hall of Fame in August of 2016. As an online news manager, I was West Coast Web Editor for impreMedia and Managing Editor of IntersectionsSouthLA.org. In addition to running Media Moves, which I founded in June of 2007, I'm a regular contributor to Forbes and also do freelance work as writer, reporter and producer.
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