Il New York Times lascia l’etere
Il New York Times lascia il settore radio. La società ha infatti firmato un accordo per vendere il suo canale di musica classica Wqxr. Questo è l’inizio dell’articolo del Wall Street Journal che annuncia la cessione:
New York Times Co. (NYT) inked a deal to unload its New York radio station in a deal worth $45 million as the struggling newspaper company raises more cash from its assets outside of its namesake chain.
The company, which has been struggling amid a prolonged advertising slump and a migration to the Internet, has been exploring the sale of some assets for some time to deal with its debt load.
On Tuesday, New York Times said WQXR-FM, a classical music station that serves the metropolitan area, would be acquired by the radio segment of Univision Communications Inc. (UVN). The Spanish-language media company will pay $33.5 million to exchange the broadcast license and transmitting equipment for its 105.9 FM frequency for that of WQXR’s 96.3 frequency, which has a stronger signal. WNYC Radio will then pay New York Times $11.5 million for the WQXR-related assets[...].
